Sacagawea 1H, 2H, 3H, 4H - Aethon - GoHaynesvilleShale.com2024-03-29T09:13:29Zhttps://gohaynesvilleshale.com/forum/topics/sacagawea-1h-2h-3h-4h-aethon?commentId=2117179%3AComment%3A4036105&feed=yes&xn_auth=noUPDATE:
Another Email from Ae…tag:gohaynesvilleshale.com,2022-12-01:2117179:Comment:40361742022-12-01T01:14:44.627ZBill Rhttps://gohaynesvilleshale.com/profile/BillR
<p>UPDATE:</p>
<p>Another Email from Aethon, they stated the delay to provide DO's is due to Personnel staffing shortages, </p>
<p>UPDATE:</p>
<p>Another Email from Aethon, they stated the delay to provide DO's is due to Personnel staffing shortages, </p> Thanks, Julie.
tag:gohaynesvilleshale.com,2022-11-30:2117179:Comment:40358512022-11-30T02:47:49.585ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Thanks, Julie.</p>
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<p>Thanks, Julie.</p>
<p></p> If you will pull up the compl…tag:gohaynesvilleshale.com,2022-11-30:2117179:Comment:40361132022-11-30T02:06:18.532Zjffree1https://gohaynesvilleshale.com/profile/jffree1
<p>If you will pull up the <a href="http://webapps.rrc.texas.gov/CMPL/publicSearchAction.do?formData.methodHndlr.inputValue=init&formData.headerTabSelected=home&formData.pageForwardHndlr.inputValue=home" rel="nofollow noopener" target="_blank">completion packet</a> on the well (use one: API # or Permit #) there will be an "as-drilled" plat that will have the final footage within each unit which may vary a little bit from the "proposed" plat found on the W-1 page. If you request a DO…</p>
<p>If you will pull up the <a rel="nofollow noopener" href="http://webapps.rrc.texas.gov/CMPL/publicSearchAction.do?formData.methodHndlr.inputValue=init&formData.headerTabSelected=home&formData.pageForwardHndlr.inputValue=home" target="_blank">completion packet</a> on the well (use one: API # or Permit #) there will be an "as-drilled" plat that will have the final footage within each unit which may vary a little bit from the "proposed" plat found on the W-1 page. If you request a DO from Aethon they should include their formula for calculating your % in the PSA well. I'd expect that they would provide that information if you ask for it.</p>
<p>It is a fairly simple formula. You have to calculate the footage within your unit as a % of the total <strong><em>effective</em></strong> lateral length (from the as-drilled plat) X your decimal interest in your unit to get your decimal interest in the Production Sharing Unit.</p>
<p>As-drilled plats used to be found on the W-1 page but the operators had to file an amendment to post it there so now they, mostly, just include it in the completion paperwork.</p>
<p>The operator has to file a Unit Declaration with the county so the state can collect their taxes and I'm not clear on why they'd think they don't have to provide a division order to their royalty owners. That DO is the one opportunity the royalty interest owner has to dispute errors and get them corrected up front. If they fail to provide a DO you can go to the county clerk and get the Unit Declaration on the well in question and it should have a comprehensive list of all royalty owner interests with their %. The county appraisal district office would also have that information.</p>
<p>For <span style="text-decoration: underline;">anyone</span> who has an interest in one of these PSA wells... go to the trouble to find the information you need to calculate your decimal interest in these wells. Don't take it for granted that the operator doesn't make mistakes. I doubled checked the math on a DO (not PSA well) for my elderly cousin several years ago and the analyst had made a significant error which we got corrected before Cuz signed the DO. If a mistake is not caught for years then there is little you can do to recover if the error was in their favor. You can go back four years and that is it. Anything you lost beyond four years is just gone.</p> Totally agree... in our Elect…tag:gohaynesvilleshale.com,2022-11-30:2117179:Comment:40361122022-11-30T00:43:55.954ZBill Rhttps://gohaynesvilleshale.com/profile/BillR
<p>Totally agree... in our Electronic Age, it shouldn't be that much of a problem or cost to provide us with a DO</p>
<p>Totally agree... in our Electronic Age, it shouldn't be that much of a problem or cost to provide us with a DO</p> Yup, when I looked them up on…tag:gohaynesvilleshale.com,2022-11-30:2117179:Comment:40358502022-11-30T00:42:28.736ZBill Rhttps://gohaynesvilleshale.com/profile/BillR
<p>Yup, when I looked them up on the RRC, I saw that they incorporated our Whitton Well as part of the Sacagawea acreage. </p>
<p>Yup, when I looked them up on the RRC, I saw that they incorporated our Whitton Well as part of the Sacagawea acreage. </p> The Sacagawea are all new Dri…tag:gohaynesvilleshale.com,2022-11-30:2117179:Comment:40360152022-11-30T00:38:05.309ZBill Rhttps://gohaynesvilleshale.com/profile/BillR
<p>The Sacagawea are all new Drills close to our Whitton and Wilkinson Wells on same Survey, but not same Pads... that's why I was surprised we didn't receive a DO. </p>
<p>The Sacagawea are all new Drills close to our Whitton and Wilkinson Wells on same Survey, but not same Pads... that's why I was surprised we didn't receive a DO. </p> Thanks, that basically confir…tag:gohaynesvilleshale.com,2022-11-29:2117179:Comment:40360112022-11-29T22:04:44.427ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Thanks, that basically confirms what I thought the situation was. Operators look to cut corners and lower expenses wherever they can thus their decision that a DO for every allocation well is not warranted. In place of a DO, I would like to see operators send an "as drilled" well plat that shows the percentage of well production allocated to each unit for those lessors that may not be able to find it in the database. That would allow mineral lessors to confirm that their decimal interest…</p>
<p>Thanks, that basically confirms what I thought the situation was. Operators look to cut corners and lower expenses wherever they can thus their decision that a DO for every allocation well is not warranted. In place of a DO, I would like to see operators send an "as drilled" well plat that shows the percentage of well production allocated to each unit for those lessors that may not be able to find it in the database. That would allow mineral lessors to confirm that their decimal interest was correct.</p>
<p></p> I use the Drilling Permit (W-…tag:gohaynesvilleshale.com,2022-11-29:2117179:Comment:40361082022-11-29T21:47:45.516ZNat Gas Engineerhttps://gohaynesvilleshale.com/profile/JodyGwinn
<p>I use the Drilling Permit (W-1) Query within the RRC to view all documents related to a proposed well. The plat (one of the documents included) for the proposed well provides the length of lateral within each unit. Using that, I calculated my decimal fraction. Using the proposed lengths, my calculated decimal fraction came very close to the actual that is shown on the royalty summary details. I presumed the small difference (which was in my favor) was due to the difference between proposed…</p>
<p>I use the Drilling Permit (W-1) Query within the RRC to view all documents related to a proposed well. The plat (one of the documents included) for the proposed well provides the length of lateral within each unit. Using that, I calculated my decimal fraction. Using the proposed lengths, my calculated decimal fraction came very close to the actual that is shown on the royalty summary details. I presumed the small difference (which was in my favor) was due to the difference between proposed and as-drilled lengths. Sometimes, the plat is updated with the as-drilled lateral route however, that has not been uploaded for the two allocation wells that I am involved in.</p> Yes, seems so. Different que…tag:gohaynesvilleshale.com,2022-11-29:2117179:Comment:40358452022-11-29T21:36:16.468ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Yes, seems so. Different question than that of the decimal interest/Division Order question. Once again this seems like a question for Julie. No one in my business orbit knows the regs and the RRC databse as well as jffree1.</p>
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<p>Yes, seems so. Different question than that of the decimal interest/Division Order question. Once again this seems like a question for Julie. No one in my business orbit knows the regs and the RRC databse as well as jffree1.</p>
<p></p> Okay. Now that we know that…tag:gohaynesvilleshale.com,2022-11-29:2117179:Comment:40361712022-11-29T20:20:16.131ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Okay. Now that we know that they are different, we need to find out where in the RRC database would be their equivalent to a LA perf letter. For something like that, I usually turn to Julie, jffree1. She knows the most about those types of reports and where they might be found.</p>
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<p>Okay. Now that we know that they are different, we need to find out where in the RRC database would be their equivalent to a LA perf letter. For something like that, I usually turn to Julie, jffree1. She knows the most about those types of reports and where they might be found.</p>
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