Comment

Comment by Albert Russell on August 23, 2016 at 2:52pm

Is the calculator still under maintenance?

Comment by Rene Oldham on January 17, 2016 at 3:59am

Our acreage was just included in a drilling unit that was permitted in December.  Any idea as to how long it will take to begin drilling and producing? We are in Monroe County with Statoil.

 

Comment by William Dotson on November 12, 2015 at 1:08pm

Rene I missed the 2nd part of your question before. The bad news is that you can expect a well to be down to 35% of it's first 12 months production in 5 years. The good news is the "experts" expect a well to level off and hold 20-35% of initial production for "decades". They say that a well may require additional fracks to maintain, but that the gas is there. Seems to be only a question of what measures will need to be taken to keep the well at a decent production rate.  

Comment by William Dotson on November 10, 2015 at 2:22pm

This one seems to work pretty well:

http://geology.com/royalty/

Comment by William Dotson on November 10, 2015 at 2:09pm

it's for gas

Comment by Rene Oldham on November 10, 2015 at 2:02pm

William.  Is the royalty formula below the same for natural gas or is this for Oil only?

How much is the decline typically after 2 years?

Comment by William Dotson on November 7, 2015 at 12:06pm

You can get a fair idea by taking your net acres included in a pooled unit, multiply that by your royalty percentage, multiply that by 100 and finally multiply that by $500. This will give you a pretty good idea of the income you will receive for each of the first 2 years for every well in the unit. Expect that figure to decline after a couple years.

Comment by dave smith on September 3, 2015 at 2:44am

what good is the calculator if the gas companies are ripping you off anyway?

Comment by NYPAShale on August 28, 2014 at 5:43am

Not seeing the calculator at all right now.

Comment by Cash on July 20, 2014 at 10:01am

The royalty calculator is not working, stuck on (next).

Comment by Arnold L Stuart on May 21, 2014 at 3:06am

where is the calculate button??????????????????

Comment by NYPAShale on March 16, 2014 at 5:34pm

What is the correct way to use the "No decline rate? Click "calculate" to view daily production" page? I'm assuming that you choose the percentage of the wells decline each year, and that it drops off more quickly in the early years. But, is there an accepted level of decline for each year? I realize that this is al estimating and that no two wells are alike, but I'd just like to make sure I'm doing things correctly. Thanks.

Comment by pat fiegen on January 25, 2014 at 5:11pm

where is calculate button on zero decline rate?

Comment by Keith Mauck (Site Publisher) on November 26, 2012 at 12:07pm

the price (futures) is in the header next to the logo...

Comment by Sherre Boyanowski on November 3, 2012 at 5:38am

If I go to Shalebiz.com I can get the calculator, but not the price. On gomarcellusshale.com all I get is a blue NEXT button.

Comment by Sherre Boyanowski on November 3, 2012 at 5:31am

What am I doing wrong? Or am I that blind?

 

Comment by Keith Mauck (Site Publisher) on November 3, 2012 at 5:19am

It's still there...

Comment by Sherre Boyanowski on November 2, 2012 at 5:29am

You took away the price of gas and oil at the top of the page. How can we calculate our royalties?  Calculator didn't appear either.