selling % of your minerals - GoMarcellusShale.com2024-03-29T11:50:30Zhttps://gomarcellusshale.com/forum/topics/selling-of-your-minerals?commentId=2274639%3AComment%3A227250&feed=yes&xn_auth=noyou get paid on the oil, gas,…tag:gomarcellusshale.com,2012-01-21:2274639:Comment:2272502012-01-21T00:18:26.909ZBill andershttps://gomarcellusshale.com/profile/johnshermin
<p>you get paid on the oil, gas, and ngl. all three will be broken down separately within your stub.</p>
<p>you get paid on the oil, gas, and ngl. all three will be broken down separately within your stub.</p> thanks both of you...
Billy,…tag:gomarcellusshale.com,2012-01-20:2274639:Comment:2271372012-01-20T22:04:29.349Z0l1a6laz7smpfhttps://gomarcellusshale.com/xn/detail/u_0l1a6laz7smpf
<p>thanks both of you...</p>
<p>Billy, that amount sure looked good...hoped you were talking NG instead but I couldn't quite figure our how to convert it (though it is online).</p>
<p>but I figured he must be talking oil by the barrel...perhaps they will drill for oil on the land also.</p>
<p> </p>
<p>thanks both of you...</p>
<p>Billy, that amount sure looked good...hoped you were talking NG instead but I couldn't quite figure our how to convert it (though it is online).</p>
<p>but I figured he must be talking oil by the barrel...perhaps they will drill for oil on the land also.</p>
<p> </p> The 1000 bbl (barrels) per da…tag:gomarcellusshale.com,2012-01-20:2274639:Comment:2272182012-01-20T20:52:32.317ZBilly Park Whydehttps://gomarcellusshale.com/profile/BillyParkWhyde
<p>The 1000 bbl (barrels) per day for oil production. (This was just a amount I threw into the equation) I did not calculate a royalty for the gas royalty. </p>
<p>In Ohio though it could be interesting as the Utica will be a Oil royalty, a gas royalty QUESTION HERE will wet gas liquids be a separate category for a royalty payment? Nelson below answers the gas MCF that is 1000 cublic feet of gas as used in the term 1MBF a 1000 board feet in lumber. He also hit on the NGL s…</p>
<p>The 1000 bbl (barrels) per day for oil production. (This was just a amount I threw into the equation) I did not calculate a royalty for the gas royalty. </p>
<p>In Ohio though it could be interesting as the Utica will be a Oil royalty, a gas royalty QUESTION HERE will wet gas liquids be a separate category for a royalty payment? Nelson below answers the gas MCF that is 1000 cublic feet of gas as used in the term 1MBF a 1000 board feet in lumber. He also hit on the NGL s also. </p>
<p>The only question that is dumb in this website is the question no one asks, we all ask questions in here we are learning. DISCLAIMER we are not perfect! lol</p> Hi VG... I am no expert on th…tag:gomarcellusshale.com,2012-01-20:2274639:Comment:2271002012-01-20T20:18:31.335ZNelson Roehttps://gomarcellusshale.com/profile/NelsonRoe
<p>Hi VG... I am no expert on this, but from what I have seen so far, when you see someone reference bbl/day they are talking oil or NGL's (Nat Gas Liquids). If they are strictly talking NG, they will generally use the measure of MCF, in my mind they are two separate measures...</p>
<p>Hi VG... I am no expert on this, but from what I have seen so far, when you see someone reference bbl/day they are talking oil or NGL's (Nat Gas Liquids). If they are strictly talking NG, they will generally use the measure of MCF, in my mind they are two separate measures...</p> Hi Billy...i am not so smart…tag:gomarcellusshale.com,2012-01-20:2274639:Comment:2268062012-01-20T19:34:00.295Z0l1a6laz7smpfhttps://gomarcellusshale.com/xn/detail/u_0l1a6laz7smpf
<p>Hi Billy...i am not so smart about all of this..</p>
<p>what does 1000 bbl/day equal in the royalty caluculator? what does that equal in millions of cubic feet per day? and we are talking about NG not oil , right?</p>
<p><a href="http://www.shalebiz.com/pages.php?page=6" rel="nofollow">http://www.shalebiz.com/pages.php?page=6…</a></p>
<p></p>
<p>Hi Billy...i am not so smart about all of this..</p>
<p>what does 1000 bbl/day equal in the royalty caluculator? what does that equal in millions of cubic feet per day? and we are talking about NG not oil , right?</p>
<p><a href="http://www.shalebiz.com/pages.php?page=6" rel="nofollow">http://www.shalebiz.com/pages.php?page=6</a></p>
<p><a href="http://www.businessdictionary.com/definition/barrel-bbl.html" rel="nofollow">http://www.businessdictionary.com/definition/barrel-bbl.html</a></p>
<p>thank you if you would help with this..</p> I wouldn't be interested mys…tag:gomarcellusshale.com,2012-01-20:2274639:Comment:2268012012-01-20T19:19:00.413ZBilly Park Whydehttps://gomarcellusshale.com/profile/BillyParkWhyde
<p> I wouldn't be interested myself when if you end up with a well producing 1000 bbl/day on a 640 acre drilling unit with say 70 acres in that unit with say $100 a bbl, at say 17% royalty could get you $678,671.88 THE FIRST YEAR!</p>
<p> I wouldn't be interested myself when if you end up with a well producing 1000 bbl/day on a 640 acre drilling unit with say 70 acres in that unit with say $100 a bbl, at say 17% royalty could get you $678,671.88 THE FIRST YEAR!</p> I had a company from Texas of…tag:gomarcellusshale.com,2012-01-20:2274639:Comment:2270762012-01-20T17:53:41.884ZDavid Archerhttps://gomarcellusshale.com/profile/DavidArcher
<p>I had a company from Texas offer $1000 per acre for a limited term royalty conveyance. We have 100 acres in Adams TWP in Guernsey County Ohio. I figure they must know something to offer that kind of money. We told them we were not interested.</p>
<p> </p>
<p>I had a company from Texas offer $1000 per acre for a limited term royalty conveyance. We have 100 acres in Adams TWP in Guernsey County Ohio. I figure they must know something to offer that kind of money. We told them we were not interested.</p>
<p> </p> as for your dilema I have tho…tag:gomarcellusshale.com,2012-01-20:2274639:Comment:2268312012-01-20T01:59:40.041ZDavehttps://gomarcellusshale.com/profile/David3
<p>as for your dilema I have thought that myself and pondered and pondered</p>
<p>I have struggled personally and financially early in my life but survived. And made me realize what does not kill you makes you stronger.</p>
<p>I enjoy a good steak but fried bologna is a favorite as well. My garden brings me happiness and a bounty- I can buy spaghetti sauce cheaper and faster than I can make it, our homemade is nowwhere better according to my family. A farm shot venison roast with our…</p>
<p>as for your dilema I have thought that myself and pondered and pondered</p>
<p>I have struggled personally and financially early in my life but survived. And made me realize what does not kill you makes you stronger.</p>
<p>I enjoy a good steak but fried bologna is a favorite as well. My garden brings me happiness and a bounty- I can buy spaghetti sauce cheaper and faster than I can make it, our homemade is nowwhere better according to my family. A farm shot venison roast with our garlic,onions yellow beans and beets with a acorn squash desert, I can not put a price on.</p>
<p>my happiest times have been with my family in good and bad. I would like to leave the legacy of my royaltys/mineral rights to my family.</p>
<p>my fortunes never brought me happiness my family has.</p>
<p> </p>
<p>good luck with your struggles</p> what a great question to post…tag:gomarcellusshale.com,2012-01-20:2274639:Comment:2269322012-01-20T00:25:52.667Z0l1a6laz7smpfhttps://gomarcellusshale.com/xn/detail/u_0l1a6laz7smpf
<p>what a great question to post and some good advice from James!</p>
<p>it really depends on the price of NG and how much your area will produce at the well. that is why there are those people who study such ....</p>
<p>yet if you use a royalty calculator such as this one (found on the main page of our website forum here)</p>
<p><a href="http://www.shalebiz.com/pages.php?page=6" rel="nofollow">http://www.shalebiz.com/pages.php?page=6</a></p>
<p>you might get an idea of what your mineral…</p>
<p>what a great question to post and some good advice from James!</p>
<p>it really depends on the price of NG and how much your area will produce at the well. that is why there are those people who study such ....</p>
<p>yet if you use a royalty calculator such as this one (found on the main page of our website forum here)</p>
<p><a href="http://www.shalebiz.com/pages.php?page=6" rel="nofollow">http://www.shalebiz.com/pages.php?page=6</a></p>
<p>you might get an idea of what your mineral rights worth might be....but you need to know the other figures to key in...and let us say it would be wise to do such when the price of NG is much higher if you plan on doing such. I wonder what NG was selling for when they offered you 300,000.</p>
<p>.</p> Half way to a hundred? I am 5…tag:gomarcellusshale.com,2012-01-19:2274639:Comment:2267272012-01-19T23:57:16.103ZBilly Park Whydehttps://gomarcellusshale.com/profile/BillyParkWhyde
<p>Half way to a hundred? I am 59 and I will die when I die be tonight be it 59 years from now. I have not been offered lease money as of yet but it is coming this way. I am living without it and I sure aint rich! Sure its nice to sit back with a nice chunk of change. Will it change you, i would suggest no cruise ships! But 50s isn't a foot in the grave its feet above a grave.</p>
<p>Half way to a hundred? I am 59 and I will die when I die be tonight be it 59 years from now. I have not been offered lease money as of yet but it is coming this way. I am living without it and I sure aint rich! Sure its nice to sit back with a nice chunk of change. Will it change you, i would suggest no cruise ships! But 50s isn't a foot in the grave its feet above a grave.</p>