land owners expectations?

been doing a lot of reading here and else where, and cannot find any thing on how much money you can expect. trying to figure approximate dollar figure on the following.

150 acres

20 percent royalty

2 wells

10mcf day

is there a way to figure this?

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Permalink Reply by evan on December 11, 2013 at 2:45pm

Yeah there's Alot of people who can do that on here. Sorry I'm not one of them.  

Permalink Reply by Dave on December 11, 2013 at 3:04pm

Check out the royalty calculator in the top right hand corner of this page, just add in your numbers and it'll do it for ya

Permalink Reply by bo boboski on December 11, 2013 at 11:52pm

Things needed to know:  Kind of wells? Verticle or horizontal/Location,in the wetgas areas,in the Utica?/% of liquids/Size of production unit?Flowtest results? Gross or net? without this info, one could be WAY off!

Permalink Reply by Mike Fulper on December 12, 2013 at 11:51am

too many variables...

Only way to know for sure is....

when you go to the mailbox....

at the VERY LEAST THO....

One should be able to figure $10  a DAY  per ACRE.....that's for sure....!!!!

anything above that is REAL LUCKY....

The anticipation is whats good... kinda like on a FIRST DATE....:)

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