Royality payments going up and down!!!!
My aunt has about 10 acres not far from Longwood general store and has signed a lease a few years ago and she said that her royality payments go up and down depending on activity has anyone experienced this that has already have leases. I just didn't know how that works i would think that the percentage of royality that they offer would apply to the full lease aggreement.
Views: 29
Replies to This Discussion
-
Permalink Reply by J Todd on
-
The royalty percentage stays the same I believe. But since it is a PERCENTAGE, it will vary. For example 25% of $100 is very different from 25% of $100,000, but the percentage rate is the same. Royalty income will always be dependent on the current value of the product which is being leased. Hope this is the case.
-
Support GoHaynesvilleShale.com
Top Content
Not a member? Get our email.
Groups
-
Miller County, Arkansas
27 members
-
San Augustine, TX
386 members
-
Sabine Parish, LA
455 members
-
South Caddo Parish Group
440 members
-
Natchitoches Parish
400 members
-
Bienville Parish, LA
244 members
-
Fayetteville Shale
149 members
-
North Caddo Parish
358 members
-
Central Texas Gas
63 members
-
Cass County, TX
119 members
© 2024 Created by Keith Mauck (Site Publisher).
Powered by
