could some one tell the what my royalty interest would be in this unit.
I own 2 net mineral acres in a 148.24 acre tract. The unit is a 645 acres. The well has produce 434, 000 mcfs what would my first check be. The gas was sold at 4.00
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Jerry,
If the well has produced 434,000 mcfs, then that means it has produced 434,000,000 cf during the reporting period. All you have to do is divide by the number of days in the month (i.e, 30 or 31) to find out what it produces a day. That figure is what you will enter in the daily production on the calculator.
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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