Royalties are divided proportionally among landowners based on the percentage of land each owns within the unit. Royalty checks can be annual, semi-annual or quarterly based on the amount of property each individual owns. Signing bonuses depend on a variety of factors including the projected revenue from the well and the number of property owners involved.
If you would like to learn more about ongoing projects in your area, contact our land department by calling us at (330) 799-2268.