What Price Are You Getting for Gas? Last Update: March 25, 2011
Hello Everyone,
Here are the latest numbers. If anyone else wishes to participate and provide data for my survey, please follow the instructions below. I welcome all data.
I am now asking each respondent to provide me the following:
Section/Township/Range -- everyone (if you are in Texas, tell me your county, and the survey)
If you get your check from Chesapeake, please tell me:
Price received (before severence tax)
Does your lease entitle you to cost-free royalties?
If you get your check from one of the others, please tell me:
Company you leased to
Company who is operating the well
Gross price
Please tell me each deduction, and the amount.
Net amount (before severence tax). [I know, gross minus deductions ought to equal net, but I just want to make sure.]
Does your lease entitle you to cost-free royalties?
If you are WI or UMO:
Company operating the well
Gross price
Please tell me each deduction, and the amount.
Net amount (before severence tax). [I know, gross minus deductions ought to equal net, but I just want to make sure.]
Please send me the information via GHS email. This discussion is getting too large, and sometimes a post gets lost if I don't check in for 24 hours. All info will be kept confidential. I will continue to post back what I learn periodically. Thanks in advance.
Tags: Are, Gas?, Getting, Price, What, You, for, payments, royalty
Views: 3654
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Replies to This Discussion
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Permalink Reply by Skip Peel - Mineral Consultant on -
Henry, neither Vicki Wellborn nor anyone else at The Times would touch this subject with a 10' pole.
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Permalink Reply by Les Bamburg on
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Attached is a listing of relevant natural gas price index for 2010 that can be used for reference.
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Permalink Reply by Linda Whatley on
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Henry,
No royalties for me yet, but when they start coming in I'll send you some info.
Linda
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Permalink Reply by Teri Nelson on
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Chesepeake/Encana
Sec. 31 Township 10 Range 11 Sabine Parish
No cost
March 4.81 and 4.01
April 4.13 and 3.89
May 4.01 and 3.88
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Permalink Reply by Henry on
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Teri,
I'll need a bit more explanation...
Did you lease to Chesapeake, and is Encana drilling? Or vice versa?
Thanks.
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Permalink Reply by adubu on
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henry--posting on thread rather than email to you----- from Minden CV field Rusk County, Texas----Goss prices-- Jan 5.96 Feb 5.54 March 4.44 April 3.59 May 3.88---operator Sandridge--standard lease not royalty free. prices gross. On average 14% deduction including severance taxes. There are 22 wells in unit and severance taxes varible 0-6.75% due to "high cost tight gas" deduction for 10 years. so net to royalty is gross minus ~ 14%
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Permalink Reply by Henry on
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adubu,
Please help me understand... Should I enter 86% of the gross numbers into my database?
Thanks for the support here. I really need more numbers however, and hope we can encourage others to submit their data.
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Permalink Reply by Henry on
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GD.... Good points. So I should enter everyone's gross. That makes sense.
However, as I go along, I'm sure I will run up against things I don't understand, and I'll be sure and ask for help.
But it would be nice to also learn how much operators are deducting for leases without cost-free royalties.
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Permalink Reply by adubu on
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maybe run both with time --run the gross numbers 1st then come back and run net-net-net to royalty owner after everything deducted out
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