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.