thank you both for your inputs. I just learned yesterday, i will be getting a well put on my property in north west Louisiana. (Hence my curiosity about NG) There is mostly natural gas wells around that area, so i imagine the drilling co will be extracting natural gas. needless to say, i am smiling!
That's really great news for you. With modern geophysics, about 2/3rds of wells are economic successes And, what kind of money is better than royalty? It arrives in yourmailbox without having to work for it, and its tax-advantaged. I hope they make a real barn-burner!
thanks, and the royalties will pay for my daughters' college, she's studying Geology.