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Benefits

State Statutes Regarding Minimum Payments

Benefits

  • Marginal wells stay in production longer, resulting in increased total royalties paid to you.
  • You have a choice in frequency and accumulated amount of your payments.
  • You can receive fewer "small" royalty checks, possibly reducing bank transaction fees. It will also decrease your bookkeeping for small checks.
  • When a well ceases to produce or the payor's responsibilities change, accumulated revenues will be paid, helping you keep track of your assets.