For landowners who provide mineral rights for exploration on their property, the benefit rests in receiving royalty payments in the form of a percent of the money generated by the gas extracted from the property. Property owners often rely on these arrangements as a method for receiving additional economic use of the land, providing a steady stream of latent income-oftentimes for up to 35 years (the verdict is still out for shale wells). So, when large deductions are taken for post-production costs, they are going to notice.
Let's Get Real: How Much Might I Make?
I have five acres. Lease is signed, up front payments have been received, and the rig is going up as we speak. Here's what I'm wondering... I've looked at the "royalty calculators" and all that kind of and that the wells in the area seem to be quite successful. Does anyone know how much I might ACTUALLY receive in the first year?
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| Our Mineral Owner Survey concludes tomorrow |
