Replies to This Discussion

Permalink Reply by Kenneth Duncan on August 11, 2011 at 8:05am

12.5% is the norm, so I would think that is a pretty good deal.  But I would only sign with a major outfit like Anadarko.  Some of the smaller players might offer you more but I have heard some horror stories about not getting paid etc.

Permalink Reply by scott brion on August 11, 2011 at 10:55am

Hi Justin,

 

12.5% is only  the norm for old existing leases, it would be considered a poor royalty for a new lease today.   16% is a good offer.  I worked with a client and we got 18% gross in April on a large tract.  I believe that 20% is possible depending upon the tract and other terms of the lease.   

Permalink Reply by justin ause on August 11, 2011 at 1:41pm

it is anadarko..my aunt has the lease,is there a way to obtain the lease through the internet?im trying to find the exact 52 acres that they want us to lease..

 

Permalink Reply by Ron Griz on August 22, 2011 at 8:06pm

we also got 16% and 4K from anadarko in cascasde twp, earlier this yr.

 

Permalink Reply by justin ause on October 26, 2011 at 12:36pm

hows it looking?