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Permalink Reply by Josh on February 5, 2015 at 8:54am

the first check

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Permalink Reply by DONNA M SELLERS on February 5, 2015 at 9:24am

lol but sooo true...

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Permalink Reply by Booger on February 5, 2015 at 10:11am

crazyfarmer....this isn't the biggest....but this is from a trusted source who has a good lease and a seemingly fair operator....$37 per acre - per % of royalty - per month............of course this was at the beginning when production is highest...and pricing was up....and fully developed acres in Utica wetgas window.......all of those things considered, this is probably better than average.

http://gomarcellusshale.com/group/harrisoncountyohio/forum/topics/n...

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Permalink Reply by Bill Barnaby on February 7, 2015 at 9:01pm

The biggest will be the best pad, who decides to go wide open. The first months check will be the size of a medium sized towns wages combined.

As far as the first check being the biggest, some wells are choked so far back that they will flow the exact same for a year. Then you have price changes, it could go up or down at any time.

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Permalink Reply by crazyfarmer on February 8, 2015 at 9:28am

I understand im looking for numbers of what a well or pad has produced. I have heard a lot of hype and have not seen it. thank you for your info.

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Permalink Reply by Zack Jameson on February 8, 2015 at 4:23pm

My first few checks were the largest amounts. I believe the peak being around $1300 per acre. If you have 100 acres at that amount, it equals a $130,000 check for that month.

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Permalink Reply by mlb on February 9, 2015 at 5:48am

Just wondering what the largest royalty % anyone has been able to negotiate.  I am in a dry gas area with one producer so the rates have not been as high.  Anyone over 20%? Tks.

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Permalink Reply by Zack Jameson on February 9, 2015 at 3:46pm

I believe I heard of a 25% royalty in Tyler County, WV several years back. An attorney owned some huge acreage and negotiated the deal. I remember seeing an article and picture about it in the Wheeling, WV Intelligencer newspaper.

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Permalink Reply by mlb on February 10, 2015 at 1:24am

Tks for info..I think in texas 20 to 25 is more common, although I have heard of 20% quite a bit in wet gas/oil windows here.  Had to take 15% gross here a while ago or end up with no lease but may have a chance to change that in the next few yrs.  I'd be good with 20%.

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Permalink Reply by Dan Warner on February 10, 2015 at 2:10am

"Roger Weese, among the largest landowners in Tyler County, did not disclose specific terms of his lease agreement with Triad Hunter, but said he believes the deal will prove "very lucrative for everyone concerned." He said his royalty rate is "considerably better" than the "standard" one-eighth interest typical of gas leases in years past."

"As a practicing attorney, Weese likely knows a thing or two about the business of negotiating leases. His New Martinsville law firm's specialties include oil and gas law."

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