25% vs. 100% royalties - GoHaynesvilleShale.com2024-03-29T08:02:06Zhttps://gohaynesvilleshale.com/forum/topics/2117179:Topic:13061?commentId=2117179%3AComment%3A1423256&feed=yes&xn_auth=noI've also seen posts by Pam s…tag:gohaynesvilleshale.com,2010-06-29:2117179:Comment:14247132010-06-29T01:18:51.714ZSarahhttps://gohaynesvilleshale.com/profile/Sarah18
I've also seen posts by Pam saying she's an UMO.
I've also seen posts by Pam saying she's an UMO. And you will have to pay esti…tag:gohaynesvilleshale.com,2010-06-28:2117179:Comment:14238112010-06-28T17:08:24.023ZLinda Whatleyhttps://gohaynesvilleshale.com/profile/LindaLaffitteWhatley
And you will have to pay estimated taxes each quarter. ......... And, if you don't send them enough, you will have to pay a penalty. ...... So don't go spending all your money till you pay Uncle Sam.
And you will have to pay estimated taxes each quarter. ......... And, if you don't send them enough, you will have to pay a penalty. ...... So don't go spending all your money till you pay Uncle Sam. Thanks Les B....... I was jus…tag:gohaynesvilleshale.com,2010-06-28:2117179:Comment:14237942010-06-28T17:01:07.761ZLinda Whatleyhttps://gohaynesvilleshale.com/profile/LindaLaffitteWhatley
Thanks Les B....... I was just about to say the same thing. Those that are unleased will have a working interest, and they will not receive royalties. They will get their pro-rata share of what is left over after all cost and expenses are paid....... and those expenses will be ongoing.
Thanks Les B....... I was just about to say the same thing. Those that are unleased will have a working interest, and they will not receive royalties. They will get their pro-rata share of what is left over after all cost and expenses are paid....... and those expenses will be ongoing. Foxie, suggest you contact fl…tag:gohaynesvilleshale.com,2010-06-28:2117179:Comment:14232562010-06-28T13:48:49.499ZLes Bamburghttps://gohaynesvilleshale.com/profile/LesB
Foxie, suggest you contact flatlander because he may be an UMO/CIO.
Foxie, suggest you contact flatlander because he may be an UMO/CIO. Any update on any of these Un…tag:gohaynesvilleshale.com,2010-06-28:2117179:Comment:14231782010-06-28T13:18:22.139ZFoxiecajunhttps://gohaynesvilleshale.com/profile/Foxiecajun
Any update on any of these Unleased mineral owners? Anyone getting paid now? Update us please!
Any update on any of these Unleased mineral owners? Anyone getting paid now? Update us please! Steph, the amount your are re…tag:gohaynesvilleshale.com,2008-07-22:2117179:Comment:364962008-07-22T05:53:59.018ZLes Bamburghttps://gohaynesvilleshale.com/profile/LesB
Steph, the amount your are referring to is 100% revenue not 100% royalties. You only get royalties when you sign a lease agreement. Plus you have to cover the well cost when you are unleased.
Steph, the amount your are referring to is 100% revenue not 100% royalties. You only get royalties when you sign a lease agreement. Plus you have to cover the well cost when you are unleased. I have a friend who is unleas…tag:gohaynesvilleshale.com,2008-07-21:2117179:Comment:345802008-07-21T14:06:41.381Zstephhttps://gohaynesvilleshale.com/profile/stephanieHyatt
I have a friend who is unleased, he is not Haynesville, but he receives a "100%" royality. He receives checks every month and the check stub shows his total royality then they take out his due working expenses and he receives the balance. Much like a paycheck less taxes. He receives a separate check per well in his unit (If they drill more than one well in your unit you receive a separate royality check per well?). He ends up with approx. $8,000 combined a month after the working expenses are…
I have a friend who is unleased, he is not Haynesville, but he receives a "100%" royality. He receives checks every month and the check stub shows his total royality then they take out his due working expenses and he receives the balance. Much like a paycheck less taxes. He receives a separate check per well in his unit (If they drill more than one well in your unit you receive a separate royality check per well?). He ends up with approx. $8,000 combined a month after the working expenses are taken out.<br />
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I plan to talk with him further about the details. I will post when I do.<br />
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I am thinking the same as you guys.<br />
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It is to their advantage for you to sign so wouldn't it be to your advantage not to sign?<br />
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TwinCities spokesman said a church meeting, the money is not going to be from bonuses but from royalities, so wouldn't it just make sense that 100% will pay more than 25% even with the expenses. I thought I understood that o…tag:gohaynesvilleshale.com,2008-07-21:2117179:Comment:343182008-07-21T05:50:11.430Zr.w.https://gohaynesvilleshale.com/profile/rw62
I thought I understood that o&g co's always recouped double their actual out of pocket investment before paying out. the profit is figured in. They are going to get their bonus money back too. the 100% is 100% of whats left.
I thought I understood that o&g co's always recouped double their actual out of pocket investment before paying out. the profit is figured in. They are going to get their bonus money back too. the 100% is 100% of whats left. And even if you meet someone…tag:gohaynesvilleshale.com,2008-07-19:2117179:Comment:317572008-07-19T18:04:44.556ZJohnsonhttps://gohaynesvilleshale.com/profile/JohnK
And even if you meet someone with this experience....it still won't be the someone who has been through it with the Haynesville Shale. This is a whole new animal.
And even if you meet someone with this experience....it still won't be the someone who has been through it with the Haynesville Shale. This is a whole new animal. Will someone show me the livi…tag:gohaynesvilleshale.com,2008-07-19:2117179:Comment:317272008-07-19T17:54:55.209ZDrWAVeSport Cd1https://gohaynesvilleshale.com/profile/DrWAVeSportV
Will someone show me the living/breathing force-pooled, un-leased mineral owner who can tell the story of 25% vs. partnering with O&G. Until this happens, we are not ever going to pinpoint how speculative these kinds of options are in the O&G business. If we all think of this scenario as betting the farm on more ng underneath your feet than the O&Gs can produce over 20-40 years...then go for it! If you want to sign for the best deal you can get...then go for it!<br />
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One thing though,…
Will someone show me the living/breathing force-pooled, un-leased mineral owner who can tell the story of 25% vs. partnering with O&G. Until this happens, we are not ever going to pinpoint how speculative these kinds of options are in the O&G business. If we all think of this scenario as betting the farm on more ng underneath your feet than the O&Gs can produce over 20-40 years...then go for it! If you want to sign for the best deal you can get...then go for it!<br />
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One thing though, the O&Gs are spending UNGODLY amounts of money here, JUST TO LEASE YOU UP. Do you think they might just know something?????? Do you think the drilling will be increasing/decreasing over the next 20-40 years? Are you a risk taker or not?<br />
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Again, think about what you want to be handling 20-40 years down the road, and what your bet today will be providing you with 20-40 years down the same road?<br />
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And remember, anyone who is taking 6% from you just for signing you up to a lease, is taking huge liberties with your moneys...not his. I would rather sign a run-of-the-mill oil&gas lease any day then give up 6% to a stranger doing "me" a "favor" by handing me a "pen."<br />
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One more thing, the Office of Conservation is NOT ANSWERING this question in a clear and concise manner. They just threw this question back to the questioner by telling him to talk to an attorney...who hasn't seen this elusive "creature" either!<br />
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Have a great weekend! 7/9/08