Royalty amounts started out at 692.00 per acre per month 4 months ago. Its down to 153.00 per acre per month.Thats 1/8 on 2 horizontals.

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How much did production go down? Or did they choke it down?

 I havent seen the report yet this month but the first few were pretty consistent.Just scratching my head trying to understand.

what unit are you in?

 Its 464 acres. Stuart Henderson North well

Welcome to the decline curve. Some of these wells drop off fast in a couple of months for oil production.

 I knew they would drop off, I just cant figure why so many offers are out there to buy your minerals when at this rate they would never recover there investment price.

these wells show 80 and 82 days of production in the third quarter.....those months should have netted you around an average of $400 per month per acre according to the production report.............

4th quarter report should be out soon - it will show days of production - maybe they shut one or both wells down for a period of time..........

or like Rich says, maybe they choked them down...........or like TM says, maybe drastic decline.....that can not be answered from production reports, but i agree it would not seem logical for big offers on minerals with super steep declines.

464 acres gets $400 a MONTH  ??

less then a DOLLOR A DAY.. come on...

400/month/acre

I believe he is only getting 12.5% royalty too which makes a big difference.

Most of the minerals purchased won't pay out. 

The state of the mineral market is the result of a very large number of elements.  Today, rationality, as most imagine it, is a small factor. 

Criminality and ignorance are bigger elements. 

You could list the reasons on a continuum: rationality on one end, criminality on the other.  In addition. mineral buyers have convinced investors to create funds to purchase minerals.  The number of doctors and dentists who will end up getting stuck will be quite large.The actual mineral buyer makes money doing the deals.  Most could care less if the rubes putting up the money ever get paid out.  The stuff that makes money goes to a very small group of insiders.

"The number of doctors and dentists who will end up getting stuck will be quite large."

You have zero understanding of where the money for mineral buying comes from.

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