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What percent of a barrel of oil does the owner of mineral rights receive in Canda?

What about the USA?

2007-07-16 04:30:17 · 1 answers · asked by pocketaces 2 in Business & Finance Other - Business & Finance

1 answers

This varies greatly.
IDK the answer, but I knew of one extreme case in TX.
1/64 of 1/64.

I knew of a case where a woman was receiving about $20.00 per month. Before she died she told her daughter to never sell her rights.

A few months later, after death, her daughter began receiving about $20,000.00 per month. She called to question the amount, thinking it was a mistake. It was correct.
WOW!

2007-07-16 04:41:57 · answer #1 · answered by ed 7 · 0 0

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