Royalty Questions: DeSoto
Would someone out there with actual production (hopefully in DeSoto) answer the following:
1: What was the wellhead price being paid at the end of November/December per 1000 cubic ft?
2: How long after the end of the month do you receive a royalty check?
3: Are royalties based on a per day valuation or a monthly average?
4: At what point in the process does the drilling company provide an estimated ultimate recovery number?
Thanks ...
1: What was the wellhead price being paid at the end of November/December per 1000 cubic ft?
2: How long after the end of the month do you receive a royalty check?
3: Are royalties based on a per day valuation or a monthly average?
4: At what point in the process does the drilling company provide an estimated ultimate recovery number?
Thanks ...
Views: 35
Replies to This Discussion
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Permalink Reply by The_Baron on -
I do not have royalties in Desoto, but I can partially answer your question.
2. I typically receive my royalty checks around the 20th of each month covering the previous months production.
3. prices are a monthly price, they do not vary day to day.
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Permalink Reply by gregory richardson on
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Thanks for the reply. What I am actually looking for is some feel for the difference between the wellhead price and the Henry Hub spot price (at least recently).
Regards ...
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