I sure hope there are none of you out there getting your hopes up very high! Oh, don't get me wrong, you will make a little money. The first check that ever gets to you for the time you wait since the well goes on line is fair but it goes down hill from that point on! I can only say that you need to put the first one up and save all you can from it all. From that point on, each monthly check you will be getting will be less, less, less and less as each month goes on! The production rate falls off from the get go on them! Do not expect under any stretch of the imagination that you are going to become like "Jed Clampett" over night or anytime soon!! You will be surprised to see how little the checks can be when you start getting them. I read on hear and get the feeling that there are a lot of folks that think this by the way they sound and act. The truth is, you are probably setting yourself up for a big disappointment on the amount they will actually pay off!

The biggest factor of this all is JUST how much of a % of the mineral rights your family started off with on the land tracts to begin with. When it got to your mom or dad, they might have only started with 50% or less on the land. See, when past sales of the land are made, people retain and sale %'s as a part of the deal of the land sales from one person to another. By the time you are your family aquired the property, it is much less. What I am trying to get over to all is, just because you own the mineral right to a tract of land does not mean you own 100% of them, very few ever do. You might be a child that got them all, meaning all of your families left to you but it could mean anything from 1-100 % of the mineral rights. Then once all of the break down and all the other deductions are taken from the well's total production, it will make you think you were crazy to ever think there was a lot in it to start with!

I have gotten the first three months check on the first well and one more. The fourth month payout was down a bunch from the third month!

I am waiting on the second well to pay right now but the first one was a JOKE to me!! Yea, it has good production numbers on it but it will like me be a wake-up call to a lot of folks when they start getting their checks. Regardless of where your monies start out, it will drop off instantly, month by month! I see that after a year or so, it will be very little income unless you have some major royalty interest and it is a gusher like none other!! In my opinion, you would need a farm covered in wells and that probably ain't gona happen!

Remember, if you have just one well on your land, PLEASE don't expect the stars in return from it!!! The extra spending money is nice but no cigars!