Replies to This Discussion

Permalink Reply by Frank on December 27, 2013 at 16:04

Ask them when they plan to drill 19-15-14 when they answer.  They unitized it back in the early post Haynesville era.

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Permalink Reply by Skip Peel - Mineral Consultant on December 27, 2013 at 16:11

Send emails.  You'll not only have a better chance of getting a reply, you'll be creating a contact history.  If you are seeking information on a producing well include the pertinent identification data and ask for the name and direct contact information for the staffer who handles royalty payments for that well.

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Permalink Reply by Todd Parrish on December 27, 2013 at 16:23

will do

thanks guys

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Permalink Reply by Todd Parrish on December 28, 2013 at 5:06

Bethany long street
Graham et al 22h #1 la caddo

Edgar s talbert 9h #1 la caddo

Indigo changed my % on one well
7 months after first check
And deducted from later checks
Never gave explanation and they
Are taking out 75% for deductions
They take more than Chesapeake

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Permalink Reply by HBP on December 28, 2013 at 5:54

75%.....

I guess before I jump to conclusions I would have to know what price they are starting off with on the check before they net back, because I have seen operators overweight the price but it all balances out with a fair payment comparatively after deducts.  But if the price they use is close to other operator's prices for same prod. month then I would  swap the emails and calls for a certified letter and document the 75% deducts.  Your net back price in bethany longstreet should not be 25% of the gas price.

The percentage change is just something you should inquire about so you will have their explanation to contest if it is wrong, or work out if a portion got suspended.

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Permalink Reply by Bobi Carr ("parker") on December 28, 2013 at 9:47

They may be taking out more to make up for paying too much previously.  If they changed the %.  

I would send them a certified letter.

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