Haynesville Shale - Desoto Parish/Logansport Area

Curious what a Bonus of 2500 and 3/16 means. Once Natural gas is found on an individuals property. what will be the approximate monthly royalty for an individual? rplilar@hotmail.com

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Permalink Reply by Donna Thornton on July 3, 2008 at 15:39
It means $2500 per acre for the lease (also called bonus lease, bonus money) and 3/16 is the royalty percentage. 3/16 = 18.75%. Donna
Permalink Reply by Russell Plilar on July 3, 2008 at 16:19
Thanks much.

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