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re: Tuscaloosa Marine Shale

Posted on 8/30/11 at 6:04 pm to
Posted by JWS3
Baton Rouge
Member since Jun 2008
2502 posts
Posted on 8/30/11 at 6:04 pm to
quote:

Thought standard royalty was 12.5%? Would like to know as we have been contacted concerning land below Montegut that they hit on


There is no standard, there is usually a minimum allowed by the state, in Louisiana the Haynesville Shale leases have been "typically" 25%. Each play can be different, and I don't follow the TMS that closely.
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