an anyone tell me how decimal calculations are done.
Tags:
your acres in unit (divided by) total acres in unit (times) your royalty percentage = your decimal interest
say you have 20 acres in a 640 acre unit with a 20% lease
20 / 640 x .20 = .00625
Thank You
620 members
505 members
396 members
160 members
167 members
© 2026 Created by Keith Mauck (Site Publisher).
Powered by
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen. [ Read More ]