All things pertaining to natural gas leasing in Tyler County WV.
Website: http://www.GoMarcellusShale.com
Location: Tyler County
Members: 64
Latest Activity: on Thursday
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Comment
Comment by TylerCH4Us on May 24, 2012 at 9:45am The next Western Tyler Mineral and Landowner Group meeting is at 6:00 PM, on Friday, May 25, 2012 at the Little Methodist Church in Friendly WV. Meetings are open to all mineral and landowners. Major topic of discussion is lease clauses and review.
For directions or more information call: 304-771-1063 .
Information + Education + Patience + Cooperation = Better Results
Bob,
thank you for the info on the royalty side of the equation. Bonus dollars sometimes are used as a carrot. The spreadsheet is straight forward direct data that shows the true process and the long term impact.
Royalty or Bonus? I created the attached spreadsheet to compare the income for royalty percentages from 12.5% - 21%. A Range Resources depletion curve was used to estimate the 1, 2, 3, 4 and 5 year production for the Spencer #1115 well. I used 100 acre unit, $60 bbl for NGL, $3 for mcf NG. The red values on the bottom of the sheet are the $ return PER ACRE over a 5 year period. The chart indicates that every 1% increase in royalty creates a $1100 increase in income the first year and $2200 over the first 5 years. You can change the blue values (unit size, price per bbl and price per mcf) at the top of the sheet to see what effect it has on the PER ACRE values on the bottom of the sheet. I believe assumptions are reasonable and the calculated royalties are at least in the ballpark. If I have made any gross errors please let me know and I will try to correct them. Always sacrifice bonus money to get a greater % royalty.
https://docs.google.com/spreadsheet/ccc?key=0An1tGTlpPDvVdDRhdlhLMU...
Comment by TylerCH4Us on May 6, 2012 at 1:04pm The next Western Tyler Mineral and Landowner Group meeting is at 6:00 PM, on Friday, May 11, 2012 at the Little Methodist Church in Friendly WV. Meetings are open to all mineral and landowners.
Our guest speaker will be one of West Virginia University’s top geology researchers, Dr. Tim Carr, the Marshall S. Miller Professor of Energy in the Department of Geography and Geology in the Eberly College of Arts and Sciences.
For directions or more information call: 304-771-1063.
Information + Education + Patience + Cooperation = Better Results
Check out our group's new website: www.tylerch4us.com
Next 5 STAR LANDOWNERS meeting is 1pm on the 19th of May, location is the Log cabin building on the fairgrounds in Tyler county.
Good morning; I had a great conversation yesterday with Mr. Seckman of Tyler County FFA Alumni, they are having their FFA Auction April 21st with breakfast starting at 7am, and auction starting at 10am...Please come out and support the local FFA Alumni and get some food prior to the start of our 5 STAR Landowners educational meeting. We look forward to another good turnout as our guest speaker will be Robert Cupp of Wesbanco,talking to us about investments and financial opportunities. I hope to see you all there. Come early and stay late!
Comment by Beth Henderson on July 14, 2011 at 7:04am Does anyone know the name of the pipline company that has the landing site out Wick Road(by Twin Hickories)?

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