>> Today:  Friday, May 09, 2008
 
Calculate for:
Estimated MCF:  per day
Estimated % of Working Interest:  %
Working Interest is the operating interest under an oil and gas lease and/or contractual working interest acquired through farmout agreements or otherwise, entitling the holder to conduct drilling and production operations on the leased property. The Working Interest will bear all Expenses, Overhead and Cost. For Example, 2% WI is responsible for 2% of all Expenses, Overhead and Costs associated with drilling and completing a well. Net Revenue Interest is that portion of the proceeds of the sale of Products allocated to the owners of the Working Interest in accordance with their respective revenue interest. This is typically 75% of the total. The remaining 25% pays the lease owners their share of the mineral production. 9% is used to account for the cost of Taxes, Transportation, and Operating Expenses associated with the well. Actual expenses will be disclosed in the operating agreement of individual investments. Disclaimer - The price of oil and gas change by the hour. The amount earned is provided as an example and DOES NOT reflect actual earnings or performance of a given well over a period of time. This number is merely what would be earned if the gas or oil was sold at that price during that given time and that given rate of production. This calculator is intended to allow that user to experiment with production rates and %WI ownerships. The user should consult the prospectus of any investment before making an investment decision.