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What Determines Your Royalty Offer in a Lease.

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What Determines Your Royalty Offer in a Lease.
« on: December 01, 2019, 08:08:57 AM »
How are royalty offers determined ?  I see royalty numbers that vary from 15-20% in Southwest Pennsylvania to 20-25% in the Midwest or Southern regions of the country. Also, why are these GasCo's so rigid in their royalty offers even if you agreed to a lesser bonus during negotiations.

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macal

  • 10544
Re: What Determines Your Royalty Offer in a Lease.
« Reply #1 on: December 01, 2019, 11:55:40 AM »

  Are you trying to negotiate a lease presently?

Re: What Determines Your Royalty Offer in a Lease.
« Reply #2 on: December 02, 2019, 01:52:19 PM »
All the leases in my area (Eastern Washington Co.) are starting to expire and  EQT has been leasing sporadically in this area. So I would expect to hear from them again at some point in the future.

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macal

  • 10544
Re: What Determines Your Royalty Offer in a Lease.
« Reply #3 on: December 02, 2019, 02:50:43 PM »

  Good luck down there. Im up in NE PA.
  Good gas. But bad pricing.