I was wondering if anyone knows the going rate per acre for the bonus in Shackelford.
I was wondering if anyone knows the going rate per acre for the bonus in Shackelford.
Depends on the formation, but $800/acre and lower. Substantially lower in some cases.
Thanks
Shackelford, TX I assume? I think $100 may be a closer figure.
Yes, it is. Thanks
What about royalties in Shackelford County?
I have no personal knowledge for this area, but according to the Lierle Price Report 1/8th to 1/5 appear to be the going rate.
Thank you!