I don't have a good feel for what deductions typical cost from the gross proceeds of a well.   When I signed my lease with XTO, as a small property owner, they simply offered 15% after deductions.    No options, no negotiatians and for 2 acres, that was fine with me.


Now, a relative in a different area was contacted by REX and is being given a choice between 12.5% at the well, or 16 % after deductions.   Which way would you go.    Again, this is only for around 2 acres.   I was leaning towards the 16%, but would value any one else's opinion.


Thanks for any advice.

Views: 124

Reply to This

© 2019   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service