|
 |
|
|
| Double Oak Message Board |
Today's Tips |
|
Want to know what’s going on around our neighborhood? Find out here on the Lewisville News & Message Board! Visit throughout the day to get your updated local news headlines. In addition, you can also see what your neighbors are up to and post your own messages on the board!
If you know of an event, such as a city picnic, local high school graduation or a wedding, post it here to let all of us know! Be sure to keep yourself informed by checking this page frequently! |
|
|
|
Lease Formula From the Gas Development in Double Oak
Posted on: 2008-03-10
There was a request at the last meeting for a work sheet of some kind to calculate our individual return from the gas development in Double Oak. A non active work sheet is attached and instructions how to receive active version.
This spread work sheet shows examples of proceeds to a leaser for his mineral rights as part of a pooled unit.
This is a 1 acre area in pool in Pool of 320 Lease's
Active Spread sheet can be acquired from Gary Cooper. gac2@tx.rr.com Phone # 817-961-0850
Send a request e-mail and I will return an active spread file and instructions for use. Active file is in MS-Excel Format.
If you don't have Excel send your personal details to me and I will plug them in for you and return a non-active PDF file.
Following pages will display spread sheet with yield from 4 wells of 10,500,000 cubic feet, (displayed below), recovery per day.
10,500,000 cubic foot with 4 wells and with number of acres in pool:
The spread sheet has these variables to change and colored columns will give associated results.
1. Daily production from 4 wells.
2. Daily market price per 1000 cubic foot. (This value changes weekly)
3. Transportation cost.
4. Total number of acres one has in the pool.
5. Royalty paid by developer in %
6. Time period by month or 30 days
10,500,000 cubic feet, 4 Wells, & 1 Acre
Click Here For the Lease Formula
|
| |
|
|
