60http://blog.randallfort.comFri, 30 Jul 2010 23:09:19 GMTFri, 30 Jul 2010 23:09:19 GMTen randallfort@msn.comnohttp://blog.randallfort.com/2009/10/12/oil-and-gas-lease-royalties.aspx?ref=rssRandall Fort-LandmanOil and gas lease royalty is the share of the oil and/or gas production reserved by the lessor/mineral owner in the lease.&nbsp; The royalty amount is negotiable but is usually set by the person or company offering to lease.&nbsp; The amount typically runs from 12.5% (1/8) to 25% (1/4), with lease royalty&nbsp;offers&nbsp;in undeveloped areas usually being 1/8 and lease royalty offers in developed or competitive areas running from 1/8 to 1/4.&nbsp; The royalty amount, along with the bonus amount per net mineral acre, are&nbsp;two of the main negotiable terms of an oil and gas lease offer.OGL infohttp://blog.randallfort.com/2009/10/12/oil-and-gas-lease-royalties.aspx#Comments9801751c-8a3f-4dd7-8d3b-384659182969Mon, 12 Oct 2009 16:17:00 GMThttp://blog.randallfort.com/2009/09/28/welcome.aspx?ref=rssRandall Fort-LandmanWelcome to my blog. <BR><BR>I am just getting this started but as an oil and gas landman with many years of experience, i thought it time to share some of my work-related experiences and hopefully provide information and answer questions from both mineral owners and from other landmen.&nbsp; You can always reach me at my email address, <A href="mailto:randallfort@msn.com">randallfort@msn.com</A> or by responding to this BlogCast.&nbsp; Thanks for checking in and passing along this site to others....<BR>Happy and profitable LEASING.<BR>RandallleasingLandmenmineral ownerhttp://blog.randallfort.com/2009/09/28/welcome.aspx#Comments601c73cf-7012-471b-ab7d-0e861db43619Mon, 28 Sep 2009 17:07:46 GMT