Minimun royality payment on lease
Someone started a post today about the minimun royality in Louisiana.
Does anyone know if there is a minimum and if so what is it.
The discussion said it was 1/8th.
If this is true , where can i find the state law ???????????.
Thanks
Steve
Does anyone know if there is a minimum and if so what is it.
The discussion said it was 1/8th.
If this is true , where can i find the state law ???????????.
Thanks
Steve
Views: 42
Replies to This Discussion
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Permalink Reply by hrs on
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a minimum royalty for whom? the state? landowners? operators? and are there similar rules in Texas?
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Permalink Reply by Steve Thibodeaux on
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the landowner
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Permalink Reply by BirdDawg, plain ole' idiot on
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Steve,
You may want to participate in the other discussion you mentioned. This thread is repetative.
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