Gas Calculator 2 default example: .... (find this calculator web site listed at bottom of this blog)
Your Royalty rate: 25% (from royalty rate on lease you signed)
Ave wellhead gas price: $4.12 as of May 2011 (look up current rate)
Ave well production… : 1433 (ball park guess, must do research from RRC web site to get accurate #)
Acres you own…: .19 acre (your lot size, typical average size lot, including to middle of street)
Number of acres in … unit: 640 (usual size, can be different)
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