We have a 1% ORRI IN APROX 800 ACRES IN sec 26 &27 Twsp 19s, Rge 34e. Matador Res. have 3 horizontal wells drilled that have produced 1.7 million barrels since 2016. XTO have 3 horizontal wells that have produced 750,000 since July 2018. Old 51 ogml with the BLM. How much is that worth at this time. WOLFCAMP 1 2 3 ZONES BONE SPRINGS 1 2 3 ZONES 7 PAY ZONES TOTAL. CHEVRON. EOG. XTO, DEVON, APACHE AND MATADOR ALL IN THE SAME AREA
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Folks on the forum probably cannot answer your question accurately. You would need to contact an certified petroleum engineer appraiser. Several are mentioned on the forum. You can try the search button above.
See if you can find the name(s) of your lease(s) on this site and look for the ShaleAssessment valuation. Note that the default ownership is 0.05, not 0.01. [I do not know the accuracy of the assessments.]