J-W Operating: The good, the bad and the ugly.

Since I've had a lease with them for some time, my neighbors and myself have formed our opinion. I would like to know what others think of this company. If you have a good opinion and you feel like you were treated fairly or not, please give reasons why. It could have anything to do with the O&G business.
Thanks for your help!

Tags: J-W, JW

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Permalink Reply by Mom A1 on July 26, 2008 at 18:13
That really helped! Thanks! This really doesn't impact us (yet). I would not be surprised if they tried this out here. Can't wait to show my husband!
Permalink Reply by Kassi on July 26, 2008 at 17:34
Jim Roberts at KTBS 3 and Vickie Welborn @ the Shreveport Times have both continuously been very accomodating and fair from the first time I contacted the press. You may want to contact them. You can send emails to KTBS or the Times via their web sites. I have ot found channel 6 or 12 to be as quick to repond.
Permalink Reply by fullofgas on August 24, 2011 at 2:45

Section 28 16N  13W. We leased with JW Operating Co.  They drilled a well. Kinsey 28 #1 serial 241129. It started producing in Jan 2011. Its on a 20/60 choke. I guess due to the cheap gas prices, but the problem is getting paid for the owners 25%. We got a couple checks, then we started getting the JW runaround. They had to do more title searches or some crap like that. They had over 2 years to get this right. During this time all checks were stopped BUT the gas kelp flowing and I assumed that they were getting paid but March, April, May, June, July passed without a check. Then we got a little check for June and a promise Now that the rest would soon follow, but then we get another letter to start the JW runaround crap again. Checks will stop until these papers are returned. This is the forth time in 2011 they sent these DIVISION ORDER papers. They are buying time for some reason. Maybe JW is going broke, seems like it to me. If I had it to do over again, it would be a cold day in Hell before I would lease anything to JW OPERATING. So if anyone out there is considering JW, I would reconsider. On this section they are behind 4 months on royalty payments. I am about ready to report them to someone who may have the power to help.

Permalink Reply by The_Baron on August 24, 2011 at 3:09
There may be some issues in title that you are unaware of. Have you called them?
Permalink Reply by HBP on August 24, 2011 at 3:40

Isn't J-W the one that drilled a couple of vertical HA wells in the Overton Brooks area, holding the entire units on a few MCF a month?  Then I notice they drilled a horizontal on an adjacent unit.  I would assume the owners in the vertical units are not as content as their neighbors in the horizontal unit? 

Permalink Reply by fullofgas on August 24, 2011 at 5:22

Could be. Our well is down a little farther off of Norris Ferry south of Overton Brooks Area. According to the Sonris site, our well is on A 24/60 choke. I dont know what this means but I assume its production is cut back by about a third. This could be due to the low gas prices at the moment and I can understand that. Our well is a Horizontal well and production has been 3 to 4 million cubic feet daily average. Our problem is we just cant get paid properly.

 

Permalink Reply by The_Baron on August 24, 2011 at 5:25
That choke is pretty standard. You can actually damage the formation but letting the well produce wide open.
Permalink Reply by fullofgas on August 24, 2011 at 3:40
I have sent them numerous emails about this and many neighbors have called. They tell us all the checks will be next month, next month comes and we email and call again, then its next month, and this keep going on. This is what I was referring to when I said the JW runaround.
Permalink Reply by DrWAVeSport Cd1 on August 24, 2011 at 5:42

fullogas,

Get an attorney...  IMO,  J-W has no boundries per se.  Things are tight right now, and like the Banks, others are holding on to every nickel they can hold on to, for as long as they can hold on to it...especially if it is YOUR nickel.

 

 Chk has been holding on to my "nickels" for a very long time now, even though they filed in Feb. 2011, that my well had reached payout...and "THEY/Chesapeake" wanted their Severance Tax Exemption granted.  Of Course, this is Sept. 2011, and Chk still insists...my well has NOT reached payout.  Six months later?  Well still going strong?  Chesapeake plays the same game, keeping "nickels" in Chk pockets just as loooooooooong as possible, because they CAN.

No one at the State level is watching out for royalty owners, IMO.  Toooooo much $$$ for the State.  However, I would bet the State is getting paid on a "regular" basis, without any problems...  And, That Should Be the Same For Every Royalty Owner owed Royalties. Quid Pro Quo!

Of course, I want it to SNOW too.  Fat chance of that.  LOL

Again, IMO, get a lawyer to make your calls and send demand.  Seems lawyers have a way with speaking the GAS MAN's language.

Hope for the best for you and your neighbors. 

DrWAVeSport Cd1  8/24/2011

 

Permalink Reply by Skip Peel - Mineral Consultant on August 24, 2011 at 5:50
No offense, DrWAVeSport but IMO, the words, lawyer or attorney, should not appear in site discussion without being preceded by Oil & Gas or O&G.  Too many times attorneys inexperienced in O&G law and the LA. Mineral Code have taken client's money for work for which they are not well suited.
Permalink Reply by DrWAVeSport Cd1 on August 24, 2011 at 5:53

Skip,

No offense taken.  My opinions only. 

 

DrWAVeSport Cd1  8/24/2011

 

Permalink Reply by Skip Peel - Mineral Consultant on August 24, 2011 at 6:01
Thanks.  I agree with your advise just wish to make it clear that when dealing with mineral issues which are a narrow legal specialty it is wise to require experience in that specialty.

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