Estimate Natural Gas Royalties
Saturday, August 21st, 2010
Lots of people have leased their acreage for potential gas drilling and are curious about how much their royalties might amount to. We now have a tool to estimate gas royalty income based upon a few assumptions. You just type in your royalty rate, an assumed natural gas wellhead price, an assumed well production rate, the number of acres in the production unit and the number of production unit acres that belong to you – then push a button.

Chevron continues to find more natural gas off the northwest coast of Australia with two wells in the Carnarvon Basin. These fields are close to their Gogron LNG terminal. (
Who owns the
Westmont Resources Inc. will acquire 92 wells in the Chattanooga Shale of Scott County and Morgan County, Tennessee that are presently owned by Domestic Energy Corp. This announcement reveals some information about the Chattanooga and the wells that have been drilled. More at the 
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Range Resources has voluntarily decided to disclose the chemicals used in their Marcellus Shale hydraulic fracturing fluids no more than 30 days after well completion. Data will be
Chesapeake Energy is diversifying. An
EOG Resources is buying the shares of Galveston LNG, a company that hopes to build an LNG plant on the northern coast of British Columbia. EOG is also holds a major stake in the Horn River Shale Gas Play in the same area. More in
Total, SA has received permits for exploratory drilling in southern France. Their goal is to test the potential for natural gas shales. More on the