I have been getting offers to sell my mineral rights. Last night, I had an offer of $12,000 an acre. I said I wasn't interested. But how do I determine which will get me more money--mineral rights or royalties. First of all, I have no way of knowing how much royalties would be if I were to get in a unit. Is there a range of amounts for royalties? How much per acre? I also heard that these fracked wells have a life of about 7 years, with a dramatic drop off in productions after the first year. Comments?
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Permalink Reply by James booth on October 12, 2015 at 3:32pm
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