katherine dykes
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PAYMENT FROM HORIZONTAL WELL DRILLED ACROSS SECTIONS
49 Replies

RECIEVED NOTICE ON TWO HORIZONTAL IN SECTION 33 GREENWOOD WASKAOM FIELD.  I WAS TOLD OWNER WOULDBE PAID ON HALF PRODUCTION FROM EACH HORIZONTAL. IS THIS CORRECT AND OW IS THE PRECENTAGE ESTABLISHEDContinue

Started this discussion. Last reply by Jesse Joyner Apr 12.

 

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M B Gilster replied to katherine dykes's discussion PAYMENT FROM HORIZONTAL WELL DRILLED ACROSS SECTIONS
"Slight thread drift but as a RO that received a sim. CHK DO & accompanying letter like Andrew on the previous page & also a RO in the above LEMAC FARMS 7-6 HC 1 w/ Exco, I'll be tracking what you fellas are discussing here."
Apr 12
Dion Warr, CPL replied to katherine dykes's discussion PAYMENT FROM HORIZONTAL WELL DRILLED ACROSS SECTIONS
"Skip: Just as an aside - How many completed CULs are you showing currently across how many units at this time (assuming completed, and initial completion reports / IPs shown)?  And although the Haynesville makes up a fair number of these, but…"
Apr 12
Dion Warr, CPL replied to katherine dykes's discussion PAYMENT FROM HORIZONTAL WELL DRILLED ACROSS SECTIONS
"Skip: This would appear to be one: Well plat - SN 250093 (LEMAC FARMS 7-6 HC #1) - SN 250093 I would have a pick a bit for some more - not to many of these off of the "official DUC list" yet (or at least not initial completion reporting)..."
Apr 12
Hale Yayuh replied to katherine dykes's discussion PAYMENT FROM HORIZONTAL WELL DRILLED ACROSS SECTIONS
"On the CHK letter, their last calculation is... cross unit interest calculation for unit "A" and "B" Isn't that the sum of what Owner X and Owner Z own together? What on earth does that have to do with anything? If a single…"
Apr 12
Dion Warr, CPL replied to katherine dykes's discussion PAYMENT FROM HORIZONTAL WELL DRILLED ACROSS SECTIONS
"Group: Yes, what Andrew said ^. It may very well depend upon the operator as to how they show this on pay statements.  Many operators use a "well property" breakdown on their statements - depending upon the type of software used, DOs…"
Apr 11
Andrew replied to katherine dykes's discussion PAYMENT FROM HORIZONTAL WELL DRILLED ACROSS SECTIONS
"See attached. "
Apr 11
Andrew replied to katherine dykes's discussion PAYMENT FROM HORIZONTAL WELL DRILLED ACROSS SECTIONS
"I think Skip and Jesse are talking about two different things. What I believe Skip is trying to say is that a mineral owner's share of production obtained from a unit always stays the same, regardless of how many wells are in the unit or how…"
Apr 11
Spring Branch,mineral owner replied to katherine dykes's discussion PAYMENT FROM HORIZONTAL WELL DRILLED ACROSS SECTIONS
"Skip, I'm not sure I agree with you on CUL's as the royalty interest is determined by the length of the productive lateral in each well within the 2 (or soon to be 3 Units).  The different well's laterals  are seldom…"
Apr 11
JM replied to katherine dykes's discussion PAYMENT FROM HORIZONTAL WELL DRILLED ACROSS SECTIONS
"When the well operator submits the "as drilled" well plat to the state, they include a "perf" letter that states the entire completed lateral length in linear feet, the linear feet lying in each unit and the percentage of…"
Apr 10
katherine dykes replied to katherine dykes's discussion PAYMENT FROM HORIZONTAL WELL DRILLED ACROSS SECTIONS
"hey of course I remember you. Things are getting very interesting. good to hear from you"
Apr 6
Bob Zimmerman replied to katherine dykes's discussion PAYMENT FROM HORIZONTAL WELL DRILLED ACROSS SECTIONS
"<<<Bob, fee ownership is not relevant>>> Point taken. "
Apr 5
katherine dykes's discussion was featured

PAYMENT FROM HORIZONTAL WELL DRILLED ACROSS SECTIONS

RECIEVED NOTICE ON TWO HORIZONTAL IN SECTION 33 GREENWOOD WASKAOM FIELD.  I WAS TOLD OWNER WOULDBE PAID ON HALF PRODUCTION FROM EACH HORIZONTAL. IS THIS CORRECT AND OW IS THE PRECENTAGE ESTABLISHEDSee More
Apr 5
katherine dykes replied to katherine dykes's discussion PAYMENT FROM HORIZONTAL WELL DRILLED ACROSS SECTIONS
"this forum has been very helpful to us. skip is great what sction are you in?"
Apr 5
katherine dykes replied to katherine dykes's discussion PAYMENT FROM HORIZONTAL WELL DRILLED ACROSS SECTIONS
"We leased our 238 to Blue Ribbon and the lease expires in oct 2018. Blue ribbon bankrupted not sure who has lease. so if our lease is 20 percent is that what we are paid and if lease expires then what"
Apr 5
katherine dykes replied to katherine dykes's discussion PAYMENT FROM HORIZONTAL WELL DRILLED ACROSS SECTIONS
"Skip I understand that the percentage of production cannot not be calculated now but when it is what percentage  of that is paid to mineral owner. for an example in a lease you may have 20 or 25 percent"
Apr 5
Bob Zimmerman replied to katherine dykes's discussion PAYMENT FROM HORIZONTAL WELL DRILLED ACROSS SECTIONS
"In any case, would not a fee landowner in a cross unit well be paid royalty commensurate with their per cent acreage in the entire well? And should the operator stage well production, would inequities be the result such as this: <<<picture…"
Apr 5

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katherine
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71033
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