Overriding Royalty Intrest

If a well is declining in price isn’t it best to sell before it’s plugged?

Depending upon why you want to sell. Prices do not always decline. Production does on that one well (and possible future ones). Also, if they drill more wells, they may piggyback on the original lease that went with the override. We have production that is decades old from an old override that had additional wells.

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