Replies to This Discussion

Permalink Reply by nisie, not a happy camper landowner on June 17, 2008 at 7:52

I have also wondered about getting gross percentage. No one seems to know exactly how it would go.
Can anyone with some experience with working interest help us?

Permalink Reply by nisie, not a happy camper landowner on June 17, 2008 at 8:01

Since ya'll are so heavy into the math right now, can someone give me the figures per year for 6 acres with 8 wells on 640acres with each well producing 6 mmcf/d ? Thanks!

Permalink Reply by TL DS1 on June 17, 2008 at 8:43

Try this: http://www.pagaslease.com/calculator_natural_gas_royalty_form.php

Permalink Reply by nisie, not a happy camper landowner on June 17, 2008 at 8:51

If there are 8 wells would the unit always be defined at 640 acres or would it change to my proportion of 60 acres?

Permalink Reply by Les Bamburg on June 20, 2008 at 11:22

Generally the unit would stay at 640 acres. Louisiana uses the concept of alternate wells to allow a company to drill more than one well per unit. So the tract partcipation % and associated royalty interest remains the same.

Permalink Reply by Rocker on June 20, 2008 at 3:15

Fountainbleu subdivision in Keithville considering $12,500 acre with 25%

Permalink Reply by RJ on June 20, 2008 at 3:34

So you mean they were offered 12500.00. Wow good offer I would think. It seems prices are starting to climb for leases,at least for now. Hard to say when they will peak,

Permalink Reply by Coonman on June 20, 2008 at 5:45

Dose anyone have a phone # for Pinnacle Leasing LLC?

Permalink Reply by Keith Mauck (Site Publisher) on June 21, 2008 at 3:14

15,000 Red RIver Parish, 27% royalties

Permalink Reply by Gatorguy on June 21, 2008 at 3:50

From Pinnacle?

Permalink Reply by Les Bamburg on June 21, 2008 at 3:53

Haynesville, can you give any more details such as Township-Range-Section? Thanks for the information.

Permalink Reply by Keith Mauck (Site Publisher) on June 25, 2008 at 4:24

Unfortunately, I cannot, but it is legit sorry...keep an ear open out there

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