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Non-Cattle Specific Topics
Coffee Shop
Well crud! Thought I had sold the place.
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<blockquote data-quote="backhoeboogie" data-source="post: 415636" data-attributes="member: 3162"><p>George, It is not my math. It comes right of a royalty estimator program that you can download off of the internet. I would be glad to share it with anyone. You need to know how much mineral rights you have (e.g. 50% or 100%), the acreage, the amount of wells, the size you are pooled in, and the spot price of gas. It will calculate your royalty for you. I know many getting over $1,000 an acre per month but that will trend down. </p><p></p><p>What Lammie is telling you above is fact. There are a whole bunch of old "cedar hackers and fence menders" making lots of nickels right now. It is kind of like the old saying about "He who laughs last". I like seeing these old timers living in comfort. Feels good. Most of them were good hard working people all their lives.</p></blockquote><p></p>
[QUOTE="backhoeboogie, post: 415636, member: 3162"] George, It is not my math. It comes right of a royalty estimator program that you can download off of the internet. I would be glad to share it with anyone. You need to know how much mineral rights you have (e.g. 50% or 100%), the acreage, the amount of wells, the size you are pooled in, and the spot price of gas. It will calculate your royalty for you. I know many getting over $1,000 an acre per month but that will trend down. What Lammie is telling you above is fact. There are a whole bunch of old "cedar hackers and fence menders" making lots of nickels right now. It is kind of like the old saying about "He who laughs last". I like seeing these old timers living in comfort. Feels good. Most of them were good hard working people all their lives. [/QUOTE]
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Non-Cattle Specific Topics
Coffee Shop
Well crud! Thought I had sold the place.
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