What is the average royalty amount per month, how long does it last and what expenses are incurred by the homeowner?
Royalty payments are determined by the amount of production, the amount of land included within a producing unit, the amount of the royalty, and the amount of land that an individual landowner has included in the producing unit. Production varies from well to well depending upon a number of different factors. Wells also decline in production over time due to a variety of factors as well. Because of all of these variables, it is not possible to state an average royalty payment.
