I just got my newest statement and royalty check from EQT to include 12 new wells in Morris County. They are now deducting over "31%" from the Royalty. Standard in the industry and in the past wells I have, was 1/8th or 12.5%     I havent had any response from EQT about the HUGH increase in deductions yet . Anyone else under EQT have a similarly high deduction ? ? ? ? 

Dudley

Views: 470

Replies to This Discussion

Interesting. I'm leased with EQT in Center Township and drilling is under way. Did you get any clarification from EQT on the deductions?

any interest in selling? 

Thought of it. Gotten a couple of offers. Nothing I felt was reasonable. Especially when you figure taxes will eat almost 45%.

RSS

Support GMS

Local Groups





Blog Posts

News Alert: Want A Better Economy, Better Health? Get Fracking!

Posted by Thomas J Shepstone on December 13, 2017 at 9:56am 0 Comments

A report commissioned by Energy In Depth documents economic growth is the central factor in achieving good health and fracking helps deliver that growth.

I served, for several years, on the board of our local…

Continue

Events

December 2017
SMTWTFS
12
3456789
10111213141516
17181920212223
24252627282930
31

© 2017   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service