landowner

Royalty Questions: DeSoto

Would someone out there with actual production (hopefully in DeSoto) answer the following:

1: What was the wellhead price being paid at the end of November/December per 1000 cubic ft?
2: How long after the end of the month do you receive a royalty check?
3: Are royalties based on a per day valuation or a monthly average?
4: At what point in the process does the drilling company provide an estimated ultimate recovery number?

Thanks ...

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Oil & Gas ProPermalink Reply by The_Baron on January 12, 2009 at 4:38
I do not have royalties in Desoto, but I can partially answer your question.

2. I typically receive my royalty checks around the 20th of each month covering the previous months production.

3. prices are a monthly price, they do not vary day to day.

landownerPermalink Reply by gregory richardson on January 12, 2009 at 4:43
Thanks for the reply. What I am actually looking for is some feel for the difference between the wellhead price and the Henry Hub spot price (at least recently).

Regards ...

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