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#1 |
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Junior Member
Last Online:
09-11-2008 01:06 PM Join Date: Jun 2008
Location: WA
Posts: 4
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computing royalties
Does anyone know how to figure out royalties from a natural gas well? I have most of the figures, just don't know how to do the math. If the well produced 2,500,000 MCF and the royalties were 1/8 and the land was 3.58 acres x 25% mineral interest (.895 net acres), then what would royalties be approximately? I suppose I could call someone in the phonebook, but would they really "do it for free?"
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#2 |
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Junior Member
Last Online:
09-11-2008 01:06 PM Join Date: Jun 2008
Location: WA
Posts: 4
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Never mind. Another website already answered.
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