# Royalty Calc by Steve Leker

**URL:** https://www.mineralrightsforum.com/t/royalty-calc-by-steve-leker/2452
**Category:** Reeves County, TX
**Created:** [July 15, 2017, 12:34am UTC](https://www.mineralrightsforum.com/t/royalty-calc-by-steve-leker/2452 "2017-07-15T00:34:41Z")
**Posts on this page:** 2
**Page:** 1

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### Author: ![Steve\_Johnson2](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/steve_johnson2/32/3647_2.png) [@Steve\_Johnson2](https://www.mineralrightsforum.com/u/Steve_Johnson2)
#### Post date: [July 15, 2017, 12:34am UTC](https://www.mineralrightsforum.com/t/royalty-calc-by-steve-leker/2452/1 "2017-07-15T00:34:41Z")

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Richard,

I believe Steve Leker’s calculation with your assumptions is correct except the royalty is $78 per day; a monthly check would be about $2,300 per month.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 10:22pm UTC](https://www.mineralrightsforum.com/t/royalty-calc-by-steve-leker/2452/2 "2018-08-14T22:22:34Z")

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