Mineral Owner Frustrations: What are they? - GoMarcellusShale.com2024-03-28T10:29:02Zhttps://gomarcellusshale.com/forum/topics/mineral-owner-frustrations-what-are-they?commentId=2274639%3AComment%3A762957&feed=yes&xn_auth=noThanks for promoting your web…tag:gomarcellusshale.com,2017-10-12:2274639:Comment:7642552017-10-12T15:44:08.985ZEmory Haglerhttps://gomarcellusshale.com/profile/EmoryHagler696
<p>Thanks for promoting your website covering all the major shale plays. I have been involved with the Haynesville Play since 2006, and,my wife's' family has mineral holdings in the Marcellus. Both shale sites have been invaluable over the years, and have greatly enhanced my understanding of leases and the practices of oil and gas companies. Something I think that would be greatly beneficial, is the expanded coverage of "legal precedents" that have been decided by state upper courts, that will…</p>
<p>Thanks for promoting your website covering all the major shale plays. I have been involved with the Haynesville Play since 2006, and,my wife's' family has mineral holdings in the Marcellus. Both shale sites have been invaluable over the years, and have greatly enhanced my understanding of leases and the practices of oil and gas companies. Something I think that would be greatly beneficial, is the expanded coverage of "legal precedents" that have been decided by state upper courts, that will change/effect oil company practices, and lease requirements. I have just learned this past year of Texas court cases, which define language, which truly protects mineral owners from unjustified royalty deductions, where one would have thought the lease language alone would have sufficed, but, the oil companies made an end run on the issue, based on the prevailing idea, prevalent in Texas and Louisiana law, that holds gas and oil has "no market value" at the "well head" and only has value once the product is processed by the producer, I was amazed to hear how different some of the states, like West Virginia, where it has been legislated that the state is a "market product" state, where the operator should bear the expense of processing the raw gas and oil into a marketable product, theoretically anyway. But what it really boils down to is the basic principle of "contract law" the legal terms and agreements that the parties have agreed upon, regardless of what state they live in; the contract basically superseding the legislative motives that have been promoted. If more legal specialists could contribute, or, a forum format where the public could be alerted of big court decisions that effect how they would enter a lease, it would be great. Good luck to your continued success in promoting all the shale plays.</p> keith swn has an owner relati…tag:gomarcellusshale.com,2017-10-11:2274639:Comment:7642422017-10-11T22:38:14.915Zwilliam george allisonhttps://gomarcellusshale.com/profile/williamgeorgeallison
<p>keith swn has an owner relations dept, if you email or text them they get back to you very quickly.the guy I talked to had answers to all my questions and very polite they are good guys so far lol </p>
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<p>keith swn has an owner relations dept, if you email or text them they get back to you very quickly.the guy I talked to had answers to all my questions and very polite they are good guys so far lol </p>
<p></p> There are several frustration…tag:gomarcellusshale.com,2017-10-09:2274639:Comment:7638852017-10-09T15:25:04.944ZBrian Wernerhttps://gomarcellusshale.com/profile/BrianWerner
There are several frustrations but here are my 2 big ones:<br />
1) When I receive my monthly royalty statement from CHK there are sometimes a full page of recalculations going back typically 1,2 or 3 years. These are not recalculations of my royalty percentage - they are changing the well production and/ or the price sold at. For some months the figures have changed three or more times. Sometimes the change is small, other times very significant. I can see making an occasional correction to the…
There are several frustrations but here are my 2 big ones:<br />
1) When I receive my monthly royalty statement from CHK there are sometimes a full page of recalculations going back typically 1,2 or 3 years. These are not recalculations of my royalty percentage - they are changing the well production and/ or the price sold at. For some months the figures have changed three or more times. Sometimes the change is small, other times very significant. I can see making an occasional correction to the previous month but changing the figures from 3 years ago multiple times seems to indicate gross incompetence at best.<br />
2)Lease language is totally ignored. My lease is an old one but by my reading it indicates that the royalty will be paid at published market rate, not what ever they agreed to sell it for. It also says that the royalty will be paid by the 30th of the month following the month of sale. That means I should be getting royalties for July sales by August 30th not the first week of October. For several years I was getting checks 1 month late(example July by Sept 30th) but several months ago they stared coming even later and the new pattern is 1 month and 1 week late.<br />
<br />
As far as market price, I have two wells under me from different producers so I have fairly good comparison data. I used the Henry hub data as an additional point of comparison for market price, realizing that it may not be the absolute point for comparison but it is data that is available for reference. I find Enervest being at least in the ball park for both oil and gas. CHK is close on oil but on average their gas sales are at about half price. CHK separates out the NGLs so gas price is not a direct comparison. But for the most part the NGLs don't effect that ratio and often lower it further, as for many months the NGL royalty is negative (yes the charge me for the removal of NGLs) and often it is only a few cents if positive. Some months the negative NGL royalty pretty much offsets the gas royalty, so CHK ends up taking both the gas and NGLs for free. The most frustrating thing is that the state tax on the NGLs is positive regardless of the royalty being positive or negative. Thank you,Lori.It may be easi…tag:gomarcellusshale.com,2017-09-26:2274639:Comment:7631542017-09-26T11:57:54.230Zcrazy cat woman-+https://gomarcellusshale.com/profile/DeborahOndrish
<p>Thank you,Lori.It may be easier and more productive to pay the fee as opposed to the fun trip to Pittsburgh,Land of never ending detours...</p>
<p>Thank you,Lori.It may be easier and more productive to pay the fee as opposed to the fun trip to Pittsburgh,Land of never ending detours...</p> Lori Huber: Is your lease in…tag:gomarcellusshale.com,2017-09-26:2274639:Comment:7631512017-09-26T10:45:55.638ZKevin Snyderhttps://gomarcellusshale.com/profile/KevinSnyder
<p>Lori Huber: Is your lease in Washington County Ohio? And if so, which City is your property near? I have property near Grandview Township Ohio in Washington County and have never been approached to lease nor sell my rights.Thank you, Kevin</p>
<p>Lori Huber: Is your lease in Washington County Ohio? And if so, which City is your property near? I have property near Grandview Township Ohio in Washington County and have never been approached to lease nor sell my rights.Thank you, Kevin</p> me too Rice has been good EQT…tag:gomarcellusshale.com,2017-09-25:2274639:Comment:7635972017-09-25T20:15:16.045ZJeff Kerrhttps://gomarcellusshale.com/profile/JeffKerr
<p>me too Rice has been good EQT must follow our lease to the letter I wonder the same thing about EQT. Greene Co. PA</p>
<p>me too Rice has been good EQT must follow our lease to the letter I wonder the same thing about EQT. Greene Co. PA</p> Hello bad faith pooling.
Anyb…tag:gomarcellusshale.com,2017-09-25:2274639:Comment:7631472017-09-25T17:50:19.221ZJoseph-Ohiohttps://gomarcellusshale.com/profile/JosephEPowell
<p>Hello bad faith pooling.</p>
<p>Anybody being force pooled into a bad lease holding adjacent acres ?</p>
<p>Hello bad faith pooling.</p>
<p>Anybody being force pooled into a bad lease holding adjacent acres ?</p> Ya all read it here 1st and e…tag:gomarcellusshale.com,2017-09-25:2274639:Comment:7635932017-09-25T17:41:38.944ZJoseph-Ohiohttps://gomarcellusshale.com/profile/JosephEPowell
<p>Ya all read it here 1st and earlier.</p>
<p>These issues are precipitated realities of earlier concerns - seems to me</p>
<p>Bad business practices should ya all ask me.</p>
<p>Land / Mineral Owners be aware.</p>
<p>Thx.</p>
<p>Good luck to all.</p>
<p>Ya all read it here 1st and earlier.</p>
<p>These issues are precipitated realities of earlier concerns - seems to me</p>
<p>Bad business practices should ya all ask me.</p>
<p>Land / Mineral Owners be aware.</p>
<p>Thx.</p>
<p>Good luck to all.</p> I have also used Marcellus Ga…tag:gomarcellusshale.com,2017-09-24:2274639:Comment:7631392017-09-24T21:45:40.270ZLori Huberhttps://gomarcellusshale.com/profile/LoriHuber
<p>I have also used Marcellus Gas.org and the fee is for their services in getting the information for you. It is all of public record and you can go to the courthouse in the municipality the drilling is in to search and get any documents filed however it is a grueling task, particularly if you aren't sure what you're looking for. Marcellus.org provides the svc of gathering the data and making it available for a surprisingly minimal cost. I got the drilling maps, permits filed, etc, and and…</p>
<p>I have also used Marcellus Gas.org and the fee is for their services in getting the information for you. It is all of public record and you can go to the courthouse in the municipality the drilling is in to search and get any documents filed however it is a grueling task, particularly if you aren't sure what you're looking for. Marcellus.org provides the svc of gathering the data and making it available for a surprisingly minimal cost. I got the drilling maps, permits filed, etc, and and ended up having more data than one of the landmen who came by on another matter. :) Marcellusgas.org is an excellent source of info and has great forums in all of the drilling regions. They are also an excellent resourse once your wells have begun production for getting the production figures each month as turned in to the DEP.</p>
<p></p> Marceliousgas.org offers dril…tag:gomarcellusshale.com,2017-09-24:2274639:Comment:7632872017-09-24T18:24:38.828Zcrazy cat woman-+https://gomarcellusshale.com/profile/DeborahOndrish
<p>Marceliousgas.org offers drilling maps at 10$/well.They also offer well packets,though I am not sure of the price(please check the spelling).If you are not a member,which I am not,you get limited information on their website.I would love to see the areas that each well on a well pad will be encompassing,but,I guess it costs me nothing to be patient and see what happens...</p>
<p>Marceliousgas.org offers drilling maps at 10$/well.They also offer well packets,though I am not sure of the price(please check the spelling).If you are not a member,which I am not,you get limited information on their website.I would love to see the areas that each well on a well pad will be encompassing,but,I guess it costs me nothing to be patient and see what happens...</p>