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My NPRI question does not depend on the word "unit". I want to keep it simple. I have an NPRI in a tract of land that has a producing "well". I would like to know how my NPRI is calculated if there is a minor unleased interest.Here was my original question:I own an NPRI in a producing well in Starr County Texas. 10% of the royalty estate is unleased and the remaining 90% is subject to 3/16th leases. How should my NPRI be calculated on the unleased 10% -- I am entitled to 1/16th of all the oil and gas produced.
Tags: Mineral, Ownership, Producing, Unit, Unleased
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Latest activity: 14 years, 8 month(s) ago. This question has 1 answers.