Replies to This Discussion

Oil & Gas ProPermalink Reply by Andrew on September 6, 2012 at 10:54

Don't know when June numbers will be up, but MSOGB is notoriously slow to update.

Permalink Reply by Dash Riprock lll on September 8, 2012 at 1:59

They generally respond pretty well to email questions through the site. You might try asking them that way. As you may have noticed, they are sporadic about adding new permit listings. They meet every Thursday but sometimes a month later will add two or three weeks at once, so kind of unpredictable.

Permalink Reply by Recordman on September 11, 2012 at 5:24

Looks like the MSOGB has updated production totals for June and July as of this morning. But now I'm confused as to why I was paid for 531 barrels of oil produced in June when the MSOGB site shows 600 barrels in June. Can anyone explain this or should I ask in another post?

landownerPermalink Reply by RONNY on September 11, 2012 at 23:11

You are paid on barrels "sold", not "produced".  As time passes you will eventually have a month in which you are paid for more barrels than were produced once accumulated production gets to market.  

Permalink Reply by Recordman on September 12, 2012 at 2:02

Thank you Ronny. I feel much better now.