"I can give you information on wells that are 3 years old. However, royalty per acre is not just based on production, but also on price. Three years ago we were getting over $8.00 per unit (MBTU), now we are lucky to get over $2.00. So prices have…"
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Massey colt replied to Dott's discussion 'How Is Severance & Ad Valorem Taxes Collected & Paid on Production/Royalties in Ohio?'"Ascent deducted from the March royalty check. Understand that it was based on 2021 production."
Massey colt replied to Corvette's discussion 'Selling mineral rights'"We are in the 4th month of receiving royalties in Jefferson County Ohio from Ascent. We were offered $12,000.00 per acre on a 17.5% lease, which we refused. After 4 months we have received about 65% of the amount offered to sell. Even with depletion…"
Profile Information
- What is your role?
- Landowner
- Which state(s) are you following?
- Ohio
- What shale plays do you follow?
- Marcellus, Utica
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