I am trying to figure out how many net royalty acres I own. I am looking at selling a term royalty that I own. Before I sell I would like to know how many acres I own. Most offers I have received have been based off a NRA. How can I figure out how many acres I own?
My net revenue interest in the well is .006945 The well covers 640 acres.
I don’t know what I am leased at. Would it be possible to figure out how many NRA’s I own without it? I’ve been told that I could own 4.5 acres and I’ve been told I own 35 acres. I just want to know what I own before I decide to sell or not.
Thanks in Advance!