Trevor Immelman, the 2008 Masters champion and chairman of OWGR said the seven months since LIV last applied for ranking points had been “an incredibly complex and challenging process”.
He added: “We fully recognised the need to rank the top men’s players in the world but at the same time had to find a way of doing so that was equitable to the thousands of other players competing on other tours that operate with established meritocratic pathways.
“We believe we have found a solution that achieves these twin aims and enables the best-performing players at LIV Golf events to receive OWGR points.”
The winner of this week’s opening event of the LIV Golf season is projected to receive 23.03 OWGR points, which is similar to European DP World Tour events (25).
The victor at this week’s PGA Tour event – the WM Phoenix Open – is expected to receive 59 points.
The winner of a PGA Tour signature event earns 66 points, while the FedEx Cup play-off events at the end of the season – with reduced fields and no cuts – will see 37 points awarded to the winner.
The points on offer to LIV golfers means players will need a sustained run of top finishes to make any meaningful move up the world rankings.
OWGR points are important to players because they are crucial in qualifying for the annual four majors. The rankings are worked out via a two-year rolling system with more weight given to the most recent results.
England’s Tyrrell Hatton and American Bryson DeChambeau are, at 22nd and 33rd respectively, the only LIV players in the world’s top 50, with five others among the top 100, including Jon Rahm at 97th.
Two-time US Open champion DeChambeau, and US Open and Masters winner Rahm have exemptions to continue playing for the sport’s biggest prizes.
In recent weeks, five-times major winner Brooks Koepka and 2018 Masters champion Patrick Reed have been two of the biggest stars to leave LIV in favour of a return to the PGA Tour.