Hello,
I am having a hard time figuring out an approximate royalty amount that I can expect for my acreage. I have tried the calculators but I'm really not sure if I am inputting the correct data. I'm just guessing based on info I have found on the internet. I am getting a whole mess of different numbers for output (I think that's what it is). Some places are 3.5 and I've read as high as 24. Here is my info: I own 25 acres of a 640 acre unit. I signed for 20% at the wellhead. If anyone knows an approximate figure of what we would get per well per month I would appreciate it.
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