OIL AND GAS LEASE ROYALTY CALCULATOR
Put your total acreage in line 1
Put a 640 acres unit in line 2
Put our 20% royalty in line 3
Put 4 dollars in line 4
Put 4 Mmcf in line 5
Hit calculate button
You can try different outcomes by changing the numbers in line 4 and 5.
Line 4 will increase when gas prices rise
Line 5 will increase if more gas is produced in the well. The numbers we are hearing in PA are above 4 Mcf
Posted by Information Desk