Replies to This Discussion

Permalink Reply by FXEF on February 27, 2011 at 14:24

doughboy,

With flowback and the well potential established, there is most likely a pipeline. To run a SDM2G test the gas has to be either flared or sent to a pipeline and sales. 

Permalink Reply by Jester on March 16, 2011 at 5:13

It's now producing 13,752 MCFD.

Permalink Reply by Friend on March 22, 2011 at 9:08

contacted CHK as regards this "Crow" well... lessors should expect royalty checks to start on or about 1 July...

Permalink Reply by doughboy on March 29, 2011 at 12:57

Thanks to everyone for the info. Friend - who did you contact at Ches for info? Did they give an explanation for why it takes so long to start the royalties?  Guess Ches just wants to stay 6 months ahead of us on the royalty payments. Maybe they are trying to completely  recoup  the drilling cost of the well before they start sending out royalty checks. Then again, maybe I should just be thankful for getting anything regardless when it starts seeing as how it was just dropped in my lap.

Permalink Reply by Friend on April 4, 2011 at 6:13

 

why royalty payments take 4-6 months?  did not ask... expect it is an admin /standard thing... not associated w/ well cost if you signed a lease... this well is producing @ gas valued @ about $50,000 / day.   Drilling costs should be recouped in 10-12 months. 

 

> from owner's relations link on Chesapeake website...  (they were very helpful)...

You can reach us at 1-877-CHK-1GAS.

 

At Chesapeake, we strive to provide first-rate customer service for our mineral/royalty owners as well as our vendors. In order to help us deliver top-notch service we have established the Chesapeake Contact Center Hotline. It is staffed with employees dedicated to answering your questions.  The Chesapeake Contact Center Hotline is open Monday through Friday from 8 a.m. to 5 p.m. Central Standard Time.

Permalink Reply by Friend on April 30, 2011 at 12:08

received first ROYALTY payment from this well via direct deposit on 29 April.

Permalink Reply by Gatorguy on May 1, 2011 at 9:15

awesome, congrats!

Permalink Reply by shawn on May 2, 2011 at 15:59

got my today in the mail yeah me

Permalink Reply by shawn on August 12, 2011 at 9:52

does anybody know anything breckinridge subdivision went on vacation come back and theres a road at the end of my street that wasn't there when i left