I have been getting offers to sell my mineral rights. Last night, I had an offer of $12,000 an acre. I said I wasn't interested. But how do I determine which will get me more money--mineral rights or royalties. First of all, I have no way of knowing how much royalties would be if I were to get in a unit. Is there a range of amounts for royalties? How much per acre? I also heard that these fracked wells have a life of about 7 years, with a dramatic drop off in productions after the first year. Comments?
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Permalink Reply by James booth on October 12, 2015 at 3:32pm
Jim Pollock replied to tacoma7583's discussion 'Columbiana County, OH (western) 2026 news?'
Jim Pollock replied to tacoma7583's discussion 'Columbiana County, OH (western) 2026 news?'
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Rock replied to Rock's discussion 'Any Potential or Known Developments in Trumbull County' in the group Trumbull County, OH
Craig stull replied to Rock's discussion 'Any Potential or Known Developments in Trumbull County' in the group Trumbull County, OH
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