Explain Division Order Please

Any insight would be greatly appreciated.

just when I was certain I figured things out......

1. Is the percent decimal the same as your interest in the land?

2. We have 40/640 acres

3. Is your interest in the land out of just the 40 acres or the total unit of 640 acres?

Views: 267

▶ Reply to This

Replies to This Discussion

Permalink Reply by Spring Branch,mineral owner on May 18, 2012 at 11:07
40/640 x royalty rate= your interest in the unit.
Permalink Reply by Ken Boone on May 18, 2012 at 13:20

Thanks, And one more question about converting mcf to mmcfd.

If 200000 mcf of gas converts to 200000/1000= 200 mmcfd

Is this the number that gets typed into the royalty calculator or do you divide the 200 by 30 days which would be

6.667??

Permalink Reply by Spring Branch,mineral owner on May 18, 2012 at 20:32
200000 mcf does not convert to 200 mmcf per day, it just converts to 200 mmcf period (not per day).  200mmcf equals 200 million cu ft of gas which in the Haynesville would be a typical months production.  No well in the Haynesville would produce that much gas in a day.

RSS

Support GoHaynesvilleShale.com

Top Content 

1 "Rebalancing Volumes"

"Rebalancing Volumes"
2 BPX hits it out of the park with 3 Bossier Parish CULs

BPX hits it out of the park with 3 Bossier Parish CULs
3 Texas Smackover Lithium Play

Texas Smackover Lithium Play
4 Why powering data centers with gas fired electricity comes with problems

Why powering data centers with gas fired electricity comes with problems
5 Tariffs, Financial Uncertainty Complicate Data Center Development

Tariffs, Financial Uncertainty Complicate Data Center Development
6 Bienville Parish lease offer

Bienville Parish lease offer
7 Watch Skip Peel's Interview with the University of Minnesota on the Haynesville Shale

Watch Skip Peel's Interview with the University of Minnesota on the Haynesville Shale

Blog Posts

Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of)  nor local residents appear to have received any compensation for the minerals extracted from their land.

This area has suffered immense environmental degradation…

Continue

Posted by Char on May 29, 2025 at 14:42

Not a member? Get our email.

Groups



© 2025   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service