Analysts hopeful for $50 crude in 2017
Monday, August 15, 2016
Crude oil should average $57 a barrel in 2017, FuelFix reports.
According to the source, analysts predict that crude oil prices will rise to $49.50 by the end of the fourth quarter of 2016.
The price recovery will be gradual. The current slide in prices isn’t expected to last too long, even though it has fallen by more than 20 percent this summer. One analyst predicts U.S. shale production to drop early in 2017 before ramping back up over the next couple of years.
Read more: FuelFix > Beyond a bear market: Analysts see $57 crude in 2017
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Shale FAQ
How often do royalty payments come?
Depending on the company, royalty payments can arrive monthly or quarterly.
Are my royalty payments transferable?
Yes. If you plan on selling your property, notify the gas company that is leasing your land and your realtor. They will make arrangements to allow the royalty payments to transfer to a different land owner.
What are royalties?
Royalties are payments from the gas company to the landowner as part of a lease agreement. Royalties payments cannot begin until production begins. The payments are dependent upon the market price of the resource.