royalty payments seem low
royalty payments for the well on our property seem low.
we are 79 acres of a 643 tract with well structure on the 79 acres.
25% royalty
production of gas is between 60000mcf and 140000mcf per month.
our royalty payment have been less than $500.00 per quarter.
Can this be right?
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Replies to This Discussion
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Permalink Reply by Ed on -
It is always better to send a certified letter instead of calling the company.
Also, It looks like your well is producing 60MMCf a month. But it still looks like your RI is off on the division order.
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