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

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Permalink Reply by hrs on December 1, 2010 at 14:04
a minimum royalty for whom? the state? landowners? operators? and are there similar rules in Texas?
Permalink Reply by Steve Thibodeaux on December 1, 2010 at 14:16
the landowner
Permalink Reply by BirdDawg, plain ole' idiot on December 1, 2010 at 16:24
Steve,
You may want to participate in the other discussion you mentioned. This thread is repetative.

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