Unit Size

How many acres comprise a unit for the completed gas wells? And what is the usual owners' share for royalty payments?

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Permalink Reply by JWS3 on June 16, 2008 at 18:29
Units are typically 640 acres for vertical wells, there will be a lot of horizontal wells in the Haynesville play, units could be 1,920 acres. Royalties in the hot areas are running 20%

W.

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