How common is it for royalty & ORRI owners to earn less than $100/yr/well?
Kyle
Not uncommon at all.
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Kyle thanks for asking and Forum_Admin thanks for responding. I was wondering the same thing. We have similar earnings on 2 wells.
Very typical. Very old vertical wells may be past their prime and revenues just trickle in as the years go on. Royalty and ORRI on a brand new powerful horizontal well will have a much different revenue stream.
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I have wells that are like that. You can change the Division Order so that you get paid more often than once a year. I usually set mine at $25 from day one so I can keep an eye on them over time as they diminish in returns.