Loren Good
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royalty prices being paid
3 Replies

  Anyone have input on prices being paid for royalties?    We thought average prices posted on the NYMEX would translate to the prices being paid for ng in our units.    To date, it seems that the…Continue

Started this discussion. Last reply by wyalusing jim May 6.

Price at Wellhead

What's the price for ng on royalties from Tioga County?    Earlier in the year, the prices seen on our royalty checks were fairly equitable from the previous 60 days reported futures price on…Continue

Started Dec 19, 2012

Deductions from Royalty Payments
41 Replies

What is the expected deduction from royalty payments?    Does anyone know what the deductions amount too such as compression, dehydration, gathering, transportation, etc? Thanks,Continue

Tags: Payments, Royalty, from, Deductions

Started this discussion. Last reply by 0l1a6laz7smpf Jan 12, 2011.

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wyalusing jim replied to Loren Good's discussion 'royalty prices being paid'
"makes no difference what published index you use, they are an average of prices just like nymex, just at a different sales point. they still wont accurately reflect the prices on your royalty statements. here in nepa, most gas is sold into tgp zone…"
May 6
bungalow_steve replied to Loren Good's discussion 'royalty prices being paid'
"Natural gas prices works the same was as the price of firewoood, all depends where you are. The posted rates quoted on the Web are usually for Louisiana (where most of the natural gas pipeline converge). You need to find the LOCAL rate in your area…"
May 6
wyalusing jim replied to Loren Good's discussion 'royalty prices being paid'
"the nymex has no direct relationship to the price that your gasco(s) are able to sell your gas for. the main thing that you can take from watching the nymex is the month over month trend. usually if the nymex goes up, so will the price on which your…"
May 6
Loren Good posted a discussion

royalty prices being paid

  Anyone have input on prices being paid for royalties?    We thought average prices posted on the NYMEX would translate to the prices being paid for ng in our units.    To date, it seems that the prices posted on our statements are far less.    For example, average prices in February posted on NYMEX were approximately $3.35 yet our statement shows the price at $3.05.   See More
May 6
3 Comments
Loren Good posted a discussion

Price at Wellhead

What's the price for ng on royalties from Tioga County?    Earlier in the year, the prices seen on our royalty checks were fairly equitable from the previous 60 days reported futures price on NYMEX.    Now, with prices having rebounded above $3 and hovering near $3.50, should we all expect to see a similar price being paid on royalties from gas coming out of the ground in September and October.See More
Dec 19, 2012
0 Comments
FXEF replied to Loren Good's discussion 'Deductions from Royalty Payments'
"VG, The High Plains link has nothing to do with the enhancement clause in your lease. High Plains has started a re-enhancement program to get more production from declining wells."
Jan 12, 2011
Jeffrey Craig replied to Loren Good's discussion 'Deductions from Royalty Payments'
"VG  It sounds as if there is some incongruity in the language.   But the overall intent is if there is an increase in the value of the gas resulting from investment or expense on the part of the operator, your royalty will reflect…"
Jan 12, 2011
FXEF replied to Loren Good's discussion 'Deductions from Royalty Payments'
"The deductions will be on your check stub, they may or may not be itemized... depends on operator."
Jan 11, 2011
Jeffrey Craig replied to Loren Good's discussion 'Deductions from Royalty Payments'
"VG  There could be a number of enhancement opportunities, i.e compress the gas to get it into an interstate line, producing liquids such as propane, building a line directly to an end user to get retail price. It is more of a cya clause in case…"
Jan 11, 2011
FXEF replied to Loren Good's discussion 'Deductions from Royalty Payments'
"Jeffrey,   It really depends on the operator as to them itemizing deductions, some do... some don't. Folks, if you have signed a lease without a "cost free clause" then it's not much you can do except pay…"
Jan 4, 2011
stormangasman replied to Loren Good's discussion 'Deductions from Royalty Payments'
"mike This might be a dumb question,but! With your lease of 15% ,after all the deductions ,will you,or can you receive less then 12.5%.?     If by Pa.state law the land owner can not receive less then 12.5% then what is the value of…"
Jan 4, 2011
Jeffrey Craig replied to Loren Good's discussion 'Deductions from Royalty Payments'
"Does anyone know whether or not the deductions are itemized? If so then they would be subject to scrutiny to determine reasonableness.  Reasonableness is highly subjective. However, in the hands of a good lawyer it can be an effective…"
Dec 31, 2010
bill h replied to Loren Good's discussion 'Deductions from Royalty Payments'
"I've been looking at some CHK royalty stubs from a friend, and it looks like the deductions vary, but are on the order of 15% (on gas in the 4-5 dollar range.)  This is in the dry gas region...NE PA"
Dec 31, 2010
R.leo ferraro cpa replied to Loren Good's discussion 'Deductions from Royalty Payments'
"It is simple..you do not get what you deserve you get what you negiotate! you signed the lease so get on with life."
Dec 31, 2010
Joe Smith replied to Loren Good's discussion 'Deductions from Royalty Payments'
"I do not have the article off hand, but I read the same thing.  Post deduction cost has been as high as $1.00 or more per 1,000 btu processed and delivered.  With gas at $4.00 - $5.00 dollar range, we see that cost will impact and…"
Dec 31, 2010
Paul Meko replied to Loren Good's discussion 'Deductions from Royalty Payments'
"Hopefully you have a no deduction clause in your lease to protect you from this, if not it can range from .50 to well over a dollar."
Dec 30, 2010

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What is your role in the Marcellus?
Landowner
Why are you here?
Leasing Your Land
Which state(s) are you following?
Pennsylvania

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