What Price Are You Getting for Gas? Last Update: March 25, 2011

Hello Everyone,

 

Here are the latest numbers.  If anyone else wishes to participate and provide data for my survey, please follow the instructions below.  I welcome all data.

I am now asking each respondent to provide me the following:

Section/Township/Range -- everyone (if you are in Texas, tell me your county, and the survey)

If you get your check from Chesapeake, please tell me:
Price received (before severence tax)
Does your lease entitle you to cost-free royalties?

If you get your check from one of the others,  please tell me:
Company you leased to
Company who is operating the well
Gross price
Please tell me each deduction, and the amount.
Net amount (before severence tax).  [I know, gross minus deductions ought to equal net, but I just want to make sure.]
Does your lease entitle you to cost-free royalties?

If you are WI or UMO:
Company operating the well
Gross price
Please tell me each deduction, and the amount.
Net amount (before severence tax).  [I know, gross minus deductions ought to equal net, but I just want to make sure.]

Please send me the information via GHS email.  This discussion is getting too large, and sometimes a post gets lost if I don't check in for 24 hours.  All info will be kept confidential. I will continue to post back what I learn periodically. Thanks in advance.

Tags: Are, Gas?, Getting, Price, What, You, for, payments, royalty

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Permalink Reply by Henry on November 19, 2010 at 13:37
Jim,
For lack of a better thought, I'll average your QEP prices for the month. If you (or anyone else) have a better thought about how to handle this, please tell me. If you want to give me your J-W prices for July and August, I'll include those in the database too.

Many thanks!
Permalink Reply by ken hatcher on November 23, 2010 at 11:45
If there is a pipeline in close proximity, what would the spud to getting a check be. In a discussion a while back someone said 6 months....yea/ nay?
Permalink Reply by Henry on November 25, 2010 at 8:35
Happy Thanksgiving to all! I've updated the data. You may access it here, or at the top of the page. Please continue to provide me your inputs. As always, if I got your data wrong, or accidentally left you out, please let me know and I'll get it fixed.
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Permalink Reply by Pam on December 2, 2010 at 2:37
Thanks Henry!
Permalink Reply by Henry on December 1, 2010 at 13:40
Bump! I spent Thanksgiving Day working on posting new, updated numbers. So I'm bumping this back up for all to see.
Permalink Reply by JD on December 11, 2010 at 7:27

Henry,

 

Has anyone actually had success in getting CHK to itemize on their check stub the deductions from the sale price of gas?  I know people have commented that CHK was going to, but has it actually happened to your knowledge?  Of course the deductions I am referring to are those for for transportation, compression etc... 

 

Thanks

Permalink Reply by Gary on December 11, 2010 at 7:51

I was informed (after pursuing info on pricing with CHK) that the details would be provided on the stubs a month or so ago.  I have not seen the any changes to disclosure of pricing/deductions. 

 

Regards,

Gary

 

 

 

Permalink Reply by Henry on December 11, 2010 at 13:39

JD,

Let's see what those who are getting royalty checks from CHK are seeing on their statements.  I haven't yet heard of the proposed change being implemented.

Permalink Reply by Linda Whatley on January 3, 2011 at 13:05

Henry,

 

Received a check from Chesapeake today, and they still aren't putting enough information on the statement other than "Gross value refers to the sales price received by the operator/lessee before deduction of taxes.  It may reflect the price received from an affiliated purchaser." 

 

Linda

Permalink Reply by Diana on December 15, 2010 at 8:37

Not sure how to get any info... Any word on EXCO ?

Permalink Reply by Henry on December 15, 2010 at 13:36

Diana,

Sorry -- so far, no royalty owner with EXCO has provided data for me.  If you look on the 3rd page of data, you'll see info from EXCO for one Working Interest Partner. 

 

So... all of you with EXCO.... woule you please start reporting your gas prices to me?

Permalink Reply by Henry on December 21, 2010 at 0:34

Merry Christmas and happy holidays to everyone on this site.  I hope you will take the time over the holidays to  send me all of your latest gas prices.  Whether you are leased, unleased, or working interest partner, I am collecting data for everyone.  Already several people have found errors in their royalties as a result of this survey and received corrected statements, along with extra pay.  It is in everyone's interest that we keep the survey growing and current.  Please email me your latest prices via GHS email.  Again, have a happy and safe holiday season.

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