Back To Main

You need to consider...

• Where the well(s) will be drilled on your property.
• The number of potential wells they will be drilling.
• Access through your property to the well site.
• The number of acres to be included in the well unit.

• The titling of the property leased is very important.
• Identifying the NEEDS and the WANTS in your life.
• The lump sum for signing needs to be addressed.
• A decision maker(s) needs to be clearly identified.

• Learn the difference between taxation of your signing bonus versus the royalties you will receive.
• Look for actions which can reduce your tax liabilities.
• It may not be too late to re-title your deed to better distribute potential royalties.
• Estate planning techniques may help you achieve your goals.
• Your investments must match up with your expectations.
• If only a portion of royalty income is needed, consider allowing a portion of it to flow to your heirs now.
• Determine how much you can afford to set aside each month/year.  Remember... the gas royalties will not last forever!  When it's gone, you should have a very nice nest egg.