What is a royalty percentage?

What is a royalty percentage?
Asked Jan 30, 2016
The royalty percentage determines how much share of the production you will receive. When you sign an oil and gas lease, you will typically be paid a lease bonus up front and also agree to a royalty percentage. The royalty percentage in your lease will determine how much cash you receive from the production since your share will be calculated based on this number. As a mineral owner, you want to negotiate the highest royalty percentage possible.Visit www.uniroyalties.com
Answered Jan 30, 2016
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Answered Feb 29, 2016

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