EOG Production Figures

I just received my first royalty check from EOG and do not understand the production figures. When I compare them with the figures reported to RRC they are not even close. Should they not be the same or is there something else I need to understand about the reporting system? This is my first royalty check ever and I sure have a lot to learn. Help please.

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Permalink Reply by RBH on February 2, 2012 at 9:30

it may be a well that another party is electing to pay "in-kind" share of gas--in other words there may end up being 2 payees to you.

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As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More

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