How to calculate royalties

Shales Barnett Shale
1

We have just received our division orders. How do we calculate the $ amount we will receive?

2

Larry,

There's an excellent online resource here: http://www.mineralweb.com/owners-guide/leased-and-producing/royalty-calculator/

3

Check out this much better royalty calculator. It does the math for you.

http://www.mineralweb.com/owners-guide/leased-and-producing/royalty-calculator/oil-royalty-calculator/