Roylaties in Bradford County

Replies to This Discussion

Permalink Reply by Frank Walker on March 16, 2012 at 5:12pm

I agree with you.

And be thankful for your split.  With any luck the NG price will be up next year and thereafter.  Any royalty income now is coming at bargain basement prices . . not for us landowners . . for the buyers of the gas.  It's not a good time to be selling NG.

Permalink Reply by Matthew Santiago on April 11, 2012 at 9:07am

Make sure you contact CHK and find out if any other company is supposed to be paying you on your well (anadarko, Statoil, etc...)   I just recieved my first check from CHK and it was only for a 1/3 of the well production.  Chk told me that Statoil was also supposed to be paying me however we have not received a division order from them yet.    

Permalink Reply by micciandjazz on May 7, 2012 at 12:07pm

Thank you for shedding light on this Subject Matt.  We had no idea, and our CHK division order specialist never mentioned it until I asked her.   It is a little crazy to think we thought we'd be receiving a check from CHK for the full amount, to learn they now own only 33% interest in our wellpad and now we learned there are 3 other companies who we will be recieving checks from. 

The other companies are Anadarko, Statoil, and MITSUI.  

Permalink Reply by Matthew Santiago on May 7, 2012 at 12:47pm

Good luck, it can be a bit confusing at first especially when you see the check stub and the deductions. 

Permalink Reply by Doug Duffield on May 7, 2012 at 5:40pm

Anadarko has been marketing Mitsui's gas, you probably only get a check from Anadarko unless there's some new deal.

Permalink Reply by micciandjazz on May 21, 2012 at 6:33pm

Well good news. We now have division orders for all 4 companies who hold interest in our Well pad.  Mitsui seems to be on the ball the most.

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