# Is this calculator remotely accurate?
**URL:** https://www.mineralrightsforum.com/t/is-this-calculator-remotely-accurate/7021
**Category:** Doddridge County, WV
**Created:** [May 14, 2015, 2:19pm UTC](https://www.mineralrightsforum.com/t/is-this-calculator-remotely-accurate/7021 "2015-05-14T14:19:27Z")
**Posts on this page:** 12
**Page:** 1
### Author:  [@Stephanie\_P](https://www.mineralrightsforum.com/u/Stephanie_P)
#### Post date: [May 14, 2015, 2:19pm UTC](https://www.mineralrightsforum.com/t/is-this-calculator-remotely-accurate/7021/1 "2015-05-14T14:19:27Z")
[http://www.marcellususa.com/RoyaltyCalculator2.aspx](http://www.marcellususa.com/RoyaltyCalculator2.aspx)
My leases are ancient and flat rate…for those of you who have moved out of the dark ages. Is this calculator even remotely accurate?
My jaw dropped when I saw the numbers.
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### Author:  [@Ancel\_Smith](https://www.mineralrightsforum.com/u/Ancel_Smith)
#### Post date: [May 14, 2015, 3:40pm UTC](https://www.mineralrightsforum.com/t/is-this-calculator-remotely-accurate/7021/2 "2015-05-14T15:40:46Z")
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### Author:  [@Richard\_G\_Robinson](https://www.mineralrightsforum.com/u/Richard_G_Robinson)
#### Post date: [May 14, 2015, 4:58pm UTC](https://www.mineralrightsforum.com/t/is-this-calculator-remotely-accurate/7021/3 "2015-05-14T16:58:07Z")
Seems to be. But you must be careful that you use the correct units. For example; most production figures are in cubic feet per month. So, you divide by 1000 to get the amount in million cu ft. Here is the figures for one of my wells. My property in unit, 22.1 ac. Size of unit, 223.4 ac. Percent of ownership in my property 50%. Royalty percentage 14%.
Divide my ac by unit ac 22.1/223.4=.098925694
X % ownership .50 x .098925694=.049462847
X RI. .049462847 x .14=.006924799. Now you multiply production by price and then multiply that by .006924799 = your share.
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### Author:  [@Stephanie\_P](https://www.mineralrightsforum.com/u/Stephanie_P)
#### Post date: [May 14, 2015, 5:31pm UTC](https://www.mineralrightsforum.com/t/is-this-calculator-remotely-accurate/7021/4 "2015-05-14T17:31:20Z")
Ok, I just wanted to get feedback from folks who are seeing money from Marcellus. I am not counting chickens, only checking to see if there are any at all. lol
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### Author:  [@Richard\_G\_Robinson](https://www.mineralrightsforum.com/u/Richard_G_Robinson)
#### Post date: [May 15, 2015, 1:19am UTC](https://www.mineralrightsforum.com/t/is-this-calculator-remotely-accurate/7021/5 "2015-05-15T01:19:41Z")
When I first saw that my share was a number preceded by a decimal point and two zeros I was a little disappointed. But when I did the math I wasn’t quite so disappointed. LOL
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### Author:  [@Stephanie\_P](https://www.mineralrightsforum.com/u/Stephanie_P)
#### Post date: [May 15, 2015, 1:08pm UTC](https://www.mineralrightsforum.com/t/is-this-calculator-remotely-accurate/7021/6 "2015-05-15T13:08:57Z")
I can certainly see where that might be disappointing. =)
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### Author:  [@Ancel\_Smith](https://www.mineralrightsforum.com/u/Ancel_Smith)
#### Post date: [May 15, 2015, 2:55pm UTC](https://www.mineralrightsforum.com/t/is-this-calculator-remotely-accurate/7021/7 "2015-05-15T14:55:14Z")
Hi Stephanie… Good question… that particular link you showed seems right… it had another term to add and my calcs are more in line with what Antero estimated.
Other calculators seem off…
I spoke with Antero Denver yesterday and they said things are slow but my work figures to start in early 2016… not too far off the original timetable…
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### Author:  [@Darin\_L\_Dotson](https://www.mineralrightsforum.com/u/Darin_L_Dotson)
#### Post date: [May 15, 2015, 2:59pm UTC](https://www.mineralrightsforum.com/t/is-this-calculator-remotely-accurate/7021/8 "2015-05-15T14:59:24Z")
Hey Richard- I’ll trade you my 0.0001997 for your 0.006924799!!!
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### Author:  [@anna](https://www.mineralrightsforum.com/u/anna)
#### Post date: [May 15, 2015, 3:08pm UTC](https://www.mineralrightsforum.com/t/is-this-calculator-remotely-accurate/7021/9 "2015-05-15T15:08:18Z")
My jaw just dropped too.
I have interest in 5 wells in Grant District. Antero said 1 had first sales in Feb. This Calculator made me smile. Even if it is off a little, I was pleasantly pleased by those numbers 😃
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### Author:  [@Richard\_G\_Robinson](https://www.mineralrightsforum.com/u/Richard_G_Robinson)
#### Post date: [May 15, 2015, 5:16pm UTC](https://www.mineralrightsforum.com/t/is-this-calculator-remotely-accurate/7021/10 "2015-05-15T17:16:52Z")
Darin, no thanks. But, I have a couple at .00002113 that we could possibly negotiate a trade. LOL.
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### Author:  [@Darin\_L\_Dotson](https://www.mineralrightsforum.com/u/Darin_L_Dotson)
#### Post date: [May 15, 2015, 6:43pm UTC](https://www.mineralrightsforum.com/t/is-this-calculator-remotely-accurate/7021/11 "2015-05-15T18:43:05Z")
LOLOLOL. Enjoy the pennies Richard!! 🙂
Richard G. Robinson said:
> Darin, no thanks. But, I have a couple at .00002113 that we could possibly negotiate a trade. LOL
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 11:43pm UTC](https://www.mineralrightsforum.com/t/is-this-calculator-remotely-accurate/7021/12 "2018-08-14T23:43:31Z")