Landowner

help needed with royalty calculator

I've been playing with the royalty calculator and having trouble coming up with anything that seems close to what we've initially heard we should be receive once our checks start coming.

 

I'd like to base it on 3 horizontal wells producing 1,600,000 Mcf over 1/2 year for each well, at 15% royalties gross, I have 50 acres and total unit size of 400 acres. Lets use gas at the well head price of $3.35

 

Any help is appreciated.

 

 

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LandownerPermalink Reply by Mary on February 28, 2013 at 10:58am

All of your replies are greatly appreciated! No matter the amount I get, I'll be happy to be able to help my elderly parents and the rest of my family.


LandownerPermalink Reply by Billy Park Whyde on February 28, 2013 at 4:04pm
Mary thats the best part. Being able to help others.. Congratulations.

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