+valuation per acre

Sorry if missed it somewhere . On pad that has six wells say 1000 per acre. Is it 1000 per acre for the pad or 1000 per acre per well or otherwise it would 6000 per acre Many thanks Ron

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Permalink Reply by Philip Brutz on December 27, 2014 at 1:52am

Are you asking about signing bonuses per acre?  Or the payment for having a well pad on your property?

Permalink Reply by ronald gammell on December 27, 2014 at 2:27am

neither royalty amounts per month

Permalink Reply by Frank Jones on December 28, 2014 at 11:49am

I'm not an expert but I've been told that you can expect $2 to $3 per day per acre (this would depend on the amount of gas being produced and the selling price).  The $1000  you mentioned, may be what you might expect per acre per year.  That would be for 1 well so 6 wells would be about $6000 per acre per year. 

If someone has better information, let us know.

Permalink Reply by Josh on December 28, 2014 at 2:35pm
$2 to $3 dollars per acre per day? That doesn't make sense? Seems awfully low compared what they are offering for bonus consideration and to purchase minerals outright.
Permalink Reply by jnm on December 28, 2014 at 4:53pm

I'm in Carroll county;  The $2-3 a day is nor far off what I'm getting  ( 12.5% Gross lease) and what I'm hearing from many other land owners. I too was all excited about the "$1000 per acre per month" stories; certainly not happening very often if at all.

Permalink Reply by Philip Brutz on December 28, 2014 at 2:49pm

It depends on your area.  Where are you located?  What is your royalty %?

Permalink Reply by ronald gammell on December 28, 2014 at 3:22pm

I am in northwest monroe county ohio lots of drilling in area

Permalink Reply by ronald gammell on December 29, 2014 at 3:02am

I am in northwest monroe county @ 20% gross. Lots of drilling close mostly by Gulfport and others.

Permalink Reply by David Allen Lilly on December 29, 2014 at 3:41am

I wonder if posting royalty figures on the site violates some rule or section of a lease agreement concerning confidentiality.

It seems that with so many receiving royalties SOMEONE would come on site and say "we received about $xxxx per acre per month" or something similar, allowing those of us upstream from receiving royalties to have some starting point as to what we may expect when our day comes.

Permalink Reply by Rene Oldham on December 29, 2014 at 4:31am

Yes I agree David.  I would be curious to know $$ per acre per month figures for anyone in Monroe County.  I believe I saw some figures a few months ago on one of the blogs but not sure it was Monroe county OH.

Permalink Reply by David Allen Lilly on December 29, 2014 at 4:43am

$100 per acre per day, from a very, very small sample size reported from a well in Guernsey county Ohio.

Permalink Reply by Lawrence Marcus Eiseman II on December 29, 2014 at 5:43am

What if I wanted to sell my mineral rights of which is under a current lease to a drilling company, how much should I expect to be offered? I have 135 Acres.

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