just curious?
I am a land owner in caddo greenwood- waskom, and 0wn 66 acres in section 33 , 17n-15w Tucker well 32. As of july 9,2010 our well has been potentialized and I am assuming the next result on sonnris will be the amount of gas if any the well has produced. Just for kicks lets say it shows 17,500 mcf on whatever the standard choke chesapeake uses. Since We are owed 1/4 royalties and were given 6000 an acre in a signing bonus several months ago what might my first royalty check be given the current price of natural gas? just wondering and totaly clueless.
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Permalink Reply by sesport on
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John Hamilton - This blog by one of the more knowledgeable members was written awhile ago, but it mentions a royalty calculator. You can also do further research by using the "search" box in the upper right hand corner of the site, just plug in the terms "royalty calculator" and you'll get a listing.
http://www.gohaynesvilleshale.com/profiles/blog/show?id=2117179%3AB...
I think there have also been other calculators mentioned.
good luck, 80)
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