Selling Royalties in the Eagle Ford Shale

Anyone have an idea what royalties are selling for in the Eagle Ford Shale?

That's a pretty broad question. A few things to consider:

  • Where is your acreage? County? What part of the county?
  • Who operates the lease?
  • What are the lease terms? A 25% royalty is worth much more than 12.5%, etc.
  • How have adjacent wells performed

That's a starting point for what you should consider. There is no answer like: "We pay 5,000 per acre across the Eagle Ford" and if anyone tells you that, run.

In the Fayette County thread, someone was mentioned as paying $10,000 per acre for royalties in parts of DeWitt, Karnes, and Gonzales counties.