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Old 09-30-2021, 02:43 AM
 
1 posts, read 2,474 times
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hey is owning a .05% mineral interest in one tract on north dakotas bakken, is that even anything?
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Old 09-30-2021, 08:14 AM
 
Location: Aishalton, GY
1,459 posts, read 1,401,673 times
Reputation: 1978
it's better than zero
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Old 07-01-2022, 07:33 AM
 
7 posts, read 9,769 times
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Default good

well, at least something is already good
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Old 08-07-2022, 02:42 PM
 
Location: Round Rock, Texas
12,946 posts, read 13,336,259 times
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Well, I own about 14 acres of mineral rights in McKenzie County, and am averaging $50k - $70k annually from its oil & gas production.
Better than a sharp stick in the eye.
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Old 08-08-2022, 04:53 AM
 
4,843 posts, read 3,270,079 times
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Quote:
Originally Posted by ScoPro View Post
Well, I own about 14 acres of mineral rights in McKenzie County, and am averaging $50k - $70k annually from its oil & gas production.
Better than a sharp stick in the eye.
Check my math... so if the OP had 0.5% stake in the same 14 acres, his/her return would be $25 annually or thereabouts?

Still better than a poke in the eye... but maybe not if there's a buy-in cost they're trying to recover.
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