outrageous royalty

We live around the Somerton area of Belmont county, they will start drilling soon. Talk around here is that we should expect to get $500.00 an acre,they that is the least we will get for the royalty paid from the well,but this is just a rumor, talk around here. Is this crazy or what, has anyone heard of this payout?

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Permalink Reply by robert c miller on September 18, 2013 at 11:39am

Here is a handy site that will help calculate royalties

http://geology.com/royalty/

 

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