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Saturday, September 26th, 2020
Home » Tag Archives: Oil royalties drop

Tag Archives: Oil royalties drop

U.S. shale bust slams rural economies as “mailbox money” oil checks shrivel

Oil pumps in a row. Green color.

REUTERS, MAY 22, 2020 The average oil-land owner collects about $500 a month, according to the National Association of Royalty Owners, but that will not last. DeWITT COUNTY, TX – Royalties from oil pumped on Paul Ruckman’s land allowed the South Texas retiree to build a six-bedroom, seven-bathroom vacation home. He had plenty left over, and donated some of it …

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