Need someone to post the formula for computing royalty interests? Any help is appreciated.
jim:
If you will google "Mantra Oil and Gas Calculators", this will allow you a screen whereas just plug in your info.
Jim,
I would ignore any standard formula because it would depend on how your lease reads regarding deductions etc..
Jim:
Mr. Quincy is correct as the Mantra site will give you basics. Always refer to your lease for other factors which will effect your final royalty payment.
Thanks…
The Mantra is too simplistic, since it does not contemplate burdens on he mineral estate, such as a non-participating royalty interest or a net profits interest or a production payment.
If you are looking for how to compute a net interest in a pooled unit, then the formula is pretty easy. If you want to know "How much is that a month?" then it becomes much more complex.
Could you re-phrase you request in a different way so that I can more fully understand what you are asking?
Best
Buddy Cotten
charles s mallory said:
jim:
If you will google "Mantra Oil and Gas Calculators", this will allow you a screen whereas just plug in your info.