Royalties >>> How much per acre in a monthly royalty check - GoMarcellusShale.com2024-03-19T13:23:47Zhttps://gomarcellusshale.com/forum/topics/royalties-how-much-per-acre?feed=yes&xn_auth=noI have a correction on my fig…tag:gomarcellusshale.com,2012-02-25:2274639:Comment:2463472012-02-25T14:38:39.319ZClinton44https://gomarcellusshale.com/profile/EricFox
<p>I have a correction on my figures above, I forgot our lease holder has a partner in the venture that pays us royalties as well. Each is responsible for paying their 50% which would bring our per acre royalty up to $480.00 per acre in the unit, and the price they sold the gas for during those two months was $3.61</p>
<p>I have a correction on my figures above, I forgot our lease holder has a partner in the venture that pays us royalties as well. Each is responsible for paying their 50% which would bring our per acre royalty up to $480.00 per acre in the unit, and the price they sold the gas for during those two months was $3.61</p> I think hunter777's figure mi…tag:gomarcellusshale.com,2012-02-25:2274639:Comment:2465552012-02-25T14:00:56.537ZClinton44https://gomarcellusshale.com/profile/EricFox
<p>I think hunter777's figure might be a little high per acre seeing as gas prices have fallen since his post in April of 2010. We have 42 out of our 96 acres in a drilling unit with five producing wells and our first check for production in Nov. and Dec. of 2011 was in the $20,000.00 range which translates into about $240.00 per acre per month.</p>
<p>Of course the more acreage within the unit will increase you per acre rate.</p>
<p>I think hunter777's figure might be a little high per acre seeing as gas prices have fallen since his post in April of 2010. We have 42 out of our 96 acres in a drilling unit with five producing wells and our first check for production in Nov. and Dec. of 2011 was in the $20,000.00 range which translates into about $240.00 per acre per month.</p>
<p>Of course the more acreage within the unit will increase you per acre rate.</p> thank you hunter! I'll post…tag:gomarcellusshale.com,2012-02-25:2274639:Comment:2465452012-02-25T06:12:05.965ZHenry J. Cittonehttps://gomarcellusshale.com/profile/HenryJCittone
<p>thank you hunter! I'll post my numbers as soon as I get a divsion order. We have I assume 3 wells in our unit since there is a north unit and a south unit and we are in the "north" unit.</p>
<p>thank you hunter! I'll post my numbers as soon as I get a divsion order. We have I assume 3 wells in our unit since there is a north unit and a south unit and we are in the "north" unit.</p> What do those acronims stand…tag:gomarcellusshale.com,2010-08-20:2274639:Comment:390582010-08-20T03:35:17.035ZJeanette Carrierhttps://gomarcellusshale.com/profile/JeanetteCarrier
What do those acronims stand for?<br />
I see several different ones<br />
mmcf<br />
mcf<br />
mmfd<br />
bmcf<br />
and so on. I think there might be a big difference?
What do those acronims stand for?<br />
I see several different ones<br />
mmcf<br />
mcf<br />
mmfd<br />
bmcf<br />
and so on. I think there might be a big difference? from what I have been able to…tag:gomarcellusshale.com,2010-08-17:2274639:Comment:385822010-08-17T18:06:38.432ZJean Michel LeTennierhttps://gomarcellusshale.com/profile/JeanMichelLeTennier
from what I have been able toi dicern a unit can be of many differant sizes but generally at least 640 acres
from what I have been able toi dicern a unit can be of many differant sizes but generally at least 640 acres I was being conservative ;-)tag:gomarcellusshale.com,2010-08-17:2274639:Comment:385802010-08-17T18:04:53.699ZJean Michel LeTennierhttps://gomarcellusshale.com/profile/JeanMichelLeTennier
I was being conservative ;-)
I was being conservative ;-) I have been told by Atlas the…tag:gomarcellusshale.com,2010-08-17:2274639:Comment:385752010-08-17T17:36:03.592ZHenry Edwardshttps://gomarcellusshale.com/profile/HenryEdwards
I have been told by Atlas they its about 1 well per 40 acres-that seems to be working for them. This is in SW Pennsylvannia Green County. They have been averaging initial production of 5M cubic feet and maintaining 40% of that for months. In the case of 640 acre units that would be about 16 horizontal wells depending on configuration of the property.
I have been told by Atlas they its about 1 well per 40 acres-that seems to be working for them. This is in SW Pennsylvannia Green County. They have been averaging initial production of 5M cubic feet and maintaining 40% of that for months. In the case of 640 acre units that would be about 16 horizontal wells depending on configuration of the property. ask if he is smoking crack? n…tag:gomarcellusshale.com,2010-08-17:2274639:Comment:385702010-08-17T15:50:09.159ZJean Michel LeTennierhttps://gomarcellusshale.com/profile/JeanMichelLeTennier
ask if he is smoking crack? not a single horisntal well in the marcellus is less that 2MMcf<br />
vertical maybe but not horizontal
ask if he is smoking crack? not a single horisntal well in the marcellus is less that 2MMcf<br />
vertical maybe but not horizontal they are paying for exisitng…tag:gomarcellusshale.com,2010-08-17:2274639:Comment:385692010-08-17T15:48:11.717ZJean Michel LeTennierhttps://gomarcellusshale.com/profile/JeanMichelLeTennier
they are paying for exisitng leases, and still have to pay the landowners whatever percentage was agreed to in the lease<br />
<br />
example,<br />
I am company A , I want to buy Company B leases of 20,000 acres . We workout a price of 14,000$ and acre and Company A takes over the leases from Company B. I as Company A must still pay whatever percentage to whoever teh lease holders are? whether its 10% or 15 or 20%<br />
<br />
What is interesting is that Company B is trying to buy the leases at 1,000$ or less and basically…
they are paying for exisitng leases, and still have to pay the landowners whatever percentage was agreed to in the lease<br />
<br />
example,<br />
I am company A , I want to buy Company B leases of 20,000 acres . We workout a price of 14,000$ and acre and Company A takes over the leases from Company B. I as Company A must still pay whatever percentage to whoever teh lease holders are? whether its 10% or 15 or 20%<br />
<br />
What is interesting is that Company B is trying to buy the leases at 1,000$ or less and basically resell them at a masssive profit at the land owner's expense<br />
some profit is expected but 1,400% ??? for doing what amounts to paperwork?<br />
<br />
that is why you must have a knowledgeable Lawyer on your side as well and work with a coalition..<br />
individually , your goose is cooked..<br />
that is why during WWII , shipping was done in Convoys, and not individual ships, safety in numbers ;-) Yo can easily check the Geopl…tag:gomarcellusshale.com,2010-08-17:2274639:Comment:385672010-08-17T15:37:50.160ZJean Michel LeTennierhttps://gomarcellusshale.com/profile/JeanMichelLeTennier
Yo can easily check the Geoplogy of your area on teh Web..<br />
go to Goolge.com and enter "utica shale maps' and you will get a bunch of links.. takes practice reading and making sense of the maps though. if you look for some of my older posts here, I have attached many geology documents..<br />
but to answwer your question yes.. it covers all of NYS west of the hudson and most of Northen PA all the way up to Montreal..
Yo can easily check the Geoplogy of your area on teh Web..<br />
go to Goolge.com and enter "utica shale maps' and you will get a bunch of links.. takes practice reading and making sense of the maps though. if you look for some of my older posts here, I have attached many geology documents..<br />
but to answwer your question yes.. it covers all of NYS west of the hudson and most of Northen PA all the way up to Montreal..