There is a discussion on this site entitled "What Price Are You Getting for Your Gas." Please, all royalty owners read the thread and send information regarding your gross royalty (per mcf, not the amount of money you received) by month. You do not need to disclose your name, your number of acres or the dollars you received. Henry needs to know the operator of your unit, your lessee and it would be helpful to know your S, T & R.

Based on only two data sets, it appears that CHK is selling NG from its operated wells to a wholly owned subsidiary and the gross prices for royalty owners (or for UMO-wake up Earl and Erlene) are $1 or more per MCF LESS than other operators are paying to royalty owners. Henry needs data from all the royalty owners in the HA Shale (whether your operator is ECA, XCO, HK, SWEPI, CRK, CHK, EOG.

This is IMPORTANT to all landowners in the HA. Shale!!! Please read the thread and send your data to Henry. He will compile and post the data.

Thanks!!!

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also les, should henry use the btu factor in his analysis?
kj
KJ, the Btu factor should definitely be part of the gas price analysis.
KJ, the gross heating value does vary some (but not significantly) and because natural gas is sold on a thermal basis the GHV needs to be updated on a regular basis. How frequently the update will be determined by the offtake gas pipeline.
les--on the report I get the Gross price includes the multiple of the BTU factor. At least that is how my one operator reports its to me (Sandridge Energy)--on stub it list the BTU factor for example BTU factor 1.065 and then the gross price (which is broker or what ever index contract pays based on times the 1.065-- it's already calculated and includes BTU factor in the gross price)
Adubu, that is the reason the Btu factor needs to be included in the information for comparing prices on a $/MMBtu basis. Otherwise the comparison is not apples to apples.
The wells and other sales points are tested on a schedule set by contract and regulatory agency requirements. They are tested either Monthy, Quaterly, Semi-Annual or Annually. The frequency is normally set by flow rate with the higher flowing locations getting tested more frequently. Depending on the contract, any workovers or other material changes to the well will require a retest in between the scheduled tests. Also, any time there is a significant change in the normal results a retest will be scheduled to verify the results. These test results are monitored closely by all parties as a significant over/underpayment can accrue quickly!
GD and Adubu,

Please do not hijack the post. See Henry's post below. HE DOES NOT HAVE ENOUGH DATA TO CRUNCH! Keep it simple and send monthly gross royalty for Nov., Dec. 2009 and J., F., M., A.,,M., 2010. If your royalty doesn't go back that far, just pick up with the first check and go forward. Again, S, T, and R will be helpful, plus Henry must know the unit operator. You do not need to disclose your name, number of acres or $ amount of money you received.
wr franks--- i m not hijacking post-- i m trying to help henry get more replies and data from every one who will--he needs more replies and data---GD wants to limit it to haynesville only---NG is NG
GD---sorry we misunderstand each other -- I appreciate your replies and not questing your legal opinions-- no reason to delete your post on this threasd IMO--- I like Henry want as much data as possible and he can decide what to put in his spread sheet--- I am not attempting to get data cheaply-- I am trying to help and learn--- yes I can be taught-- I also have a Doctoral degree and still listen to the teacher -- I do not know everything--no reason for you to ergo out
GD, agreeing with adubu, please don't ergo out. I'm sure your posts were helpful. I know you deleted already but if you saved them first, maybe you can pm them to Henry? He probably would like to hang on to what you said.

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