landowner

Need objective view on decimal amt. from you oil and gas experts

5.983 acres + additional 1.517 acres in a 651.674 acre section at 25% royalty.

See what you all come up with on a decimal interest. This is one parcel of land we own. Everything got corrected from a mistake on original div. order. Now we have a BRAND NEW decimal interest from the new company that doesn't match the mistaken one or the corrected one. I am beginning to doubt my own figures.

Views: 182

▶ Reply to This

Replies to This Discussion


Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on February 25, 2014 at 13:32

I'll bite.  0.0028772


landownerPermalink Reply by Frank on February 25, 2014 at 15:47

0.00287720547390259546951389805332

1kw6x71km1v37Permalink Reply by 1kw6x71km1v37 on February 25, 2014 at 15:58

As Carnac would say, "You are correct, sir! "

Technically, Frank is probably more correct that Skip, but hey, gimme a break.


Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on February 25, 2014 at 16:02

Show off!!  LOL!


landownerPermalink Reply by kittycatmama on February 25, 2014 at 16:51

Hey I am very appreciative that you boys took the time to do this and your figures match the gas company's.. We have just gone through H**L getting this straight after it got messed up 2 yrs. ago by the attorney who did division orders. We caught his mistake and he rectified it, but getting it fixed with the company that drilled and then the company we are leased with was a major ordeal. They changed decimal numbers in Feb. 2013--why I do not know. But at least I know this is correct. I normally can match the numbers but couldn't on this. THANKS TO ALL

RSS

© 2026   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service