InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.43
(
0.00%
)
US TECH 100
19,868.40
(
0.11%
)
Dow Jones
39,331.43
(
-0.11%
)
Brent Oil
85.36
(
-1.33%
)
Bitcoin
56,260.61
(
0.74%
)
Post# of 17503
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Aggie9518

Send PM Follow Ignore
Followers 11
Posts 1416
Boards Moderated 0
Alias Born 06/15/2005

Aggie9518

Re: None

Tuesday, 03/04/2008 11:17:35 AM

Tuesday, March 04, 2008 11:17:35 AM

Post# of 17503
Question for the board...I have been seeing alot of posts showing potential profit margins based on oil revenue and production costs...Does anyone know if Royalties to the land owner (actually, owner of the mineral rights) is included in these production costs...Our family owns land in Texas with several producing wells...The owners of the mineral rights for these properties receive annual lease payments from the oil companies + royalties based on what is pumped...I'm not sure if SGGC sells a barrel of oil for $100, if they get to keep all the revenue...Maybe things work differently in Kansas than in Texas...If anyone can clarrify, please do....Aggie....
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up