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 ? ? ? ?
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%.