Replies to This Discussion

Permalink Reply by Les Bamburg on March 24, 2012 at 3:34

Astrofan, it is likely you will only be paid royalties by one of those companies.  Petrohawk (BHP) has primary responsibility for paying you royalty but can contract with the operator Exco to pay you royalties on their behalf.

 

Some people have a joint lease agreement with EnCana & Shell and receive separate royalty payments from each company.   

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Permalink Reply by astrofan on March 24, 2012 at 3:44

thanks Les for the reply, was thinking maybe Exco may have drilled from another site into my section the division orders gave a different decimal interest number

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Permalink Reply by Les Bamburg on March 24, 2012 at 4:24

Astrofan, if you provide the Section-Township-Range we can check the wells in your area.

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Permalink Reply by astrofan on March 24, 2012 at 5:46

section 22 -13n-14w

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Permalink Reply by Les Bamburg on March 24, 2012 at 7:04

Astrofan, Chesapeake operates the only Haynesville Shale well drilled in that section/unit.  It is possible Exco has acquired your lease agreement from Petrohawk.

 

Chesapeake, Book 22 #H1 Well, Serial #242621, S22-T13N-R14W, DeSoto Parish, 15144 Mcfd, 22/64" Choke, 7145 psi Flowing Pressure

 

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Permalink Reply by astrofan on March 24, 2012 at 7:19

thanks again petrohawk is on the check payment

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Permalink Reply by jkw3 on April 5, 2012 at 4:31

Astrofan - 

You should have received a royalty check from EXCO by this time (they were mailed in late March).  If your lease was originally taken by Mainland, your lease is now owned  60% by Petrohawk and 40% by EXCO/BG.   Chesapeake is the operator of the HA RA SUX; Book et al 22-13-14H #1 well.  Chesapeake pays the gross revenues attributable to your lease 60% to Petrohawk and 40% to EXCO.  Petrohawk and EXCO will separately pay you your royalty share based on the revenues paid by Chesapeake to them.

It can be confusing. In most cases the operator pays royalties for all working interest owners, but here Chesapeake chose not to pay royalties on non-operated working interests.

Should you have further questions, please call EXCO's Royalty Hotline at 888-788-9449.

 

 

 

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Permalink Reply by astrofan on April 5, 2012 at 14:57

Hey, thanks for the information jkw3. I found the answer. you are wright about what you said. What is the deal with Chesapeake? I know one thing, if ever I have a chance to sign in the future it WILL NOT BE Chesapeke, they really suck!!!!!!!!!1

again, thanks for the reply

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