Split the profits?
Hypothetical/ I'm a farmer,I have 350 acres I have timber. Timber co. comes,gets the logs out,we split the $$$ from sale. I have oil.gas,condensate. the driller gets it out of the ground, the investors foot the bill,,we split the profits 1/3 each. what's it take the recover the costs, 3 months?
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Permalink Reply by Joseph-Ohio on
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Unknown.
All production controlled by O & G E & P - not landowner ( as far as we've read / heard ).
All kinds of variables influence production ( or lack thereof ).
Infrastructure / marketing / throttling / etc.
Contract ?
Risk ?
? ? ?
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Permalink Reply by Charles Randolph on
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Despite the variables, typical payback period in many of the better oil and gas developments has been one year or less
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