Its finally here. Chesapeake charged me to take my gas. The price they paid me on some wells, mainly in the Barnett shale was a negative $0.20 to negative $0.32. Wow what crooks.
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Permalink Reply by Keith Mauck (Site Publisher) on You should take a picture and post it in this thread...
Permalink Reply by mickiebyrd on Here is one page. Look at first 2 wells February production.
IMG_3500 (1).JPG, 151 KB Permalink Reply by RODNEY KRET on 
Permalink Reply by Barnburner16 on Permalink Reply by mickiebyrd on No it is royalty interest.
Permalink Reply by Lerret on Sue them to break the lease. If not economic to operate the well needs plugged and abandoned.
Permalink Reply by Bean Counter on Looks like some funky revenue accounting.They realized it too. Notice how on the next 2 lines they manually zero out the negative balances? But that still left you with no revenue for Feb 16. See if they go back and correct it on the next check. On the bright side, you made 3 cents on the PPA's. j/k.
Permalink Reply by mickiebyrd on This month they are charging me up to 75 cents to sell my gas.
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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