Lynn mudder
  • Beloit, OH
  • United States
  • Landowner

Lynn mudder's Friends

  • Marci Feustel
  • Megan Torres
  • Lori Huber
  • Steve King
  • Little Cougar
  • rmc

Lynn mudder's Groups

Lynn mudder's Discussions

Payment for pad classified as "damages". How is this treated for income tax? Taxable or not?

Started this discussion. Last reply by Jonathan H Mar 22, 2016. 1 Reply

We have received money for pad construction which the company specified as damages. Do we owe income tax for this? Want to do the right thing.

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Lynn mudder's Page

Latest Activity

Lynn mudder replied to tillacat's discussion 'Missing Royalties'
"Got paid from EQT. A bit late, but here. "
Nov 1, 2022
Lynn mudder replied to tillacat's discussion 'Missing Royalties'
"No check here, either. "
Oct 25, 2022
Lynn mudder replied to jason irvine's discussion 'Need advise'
"Congrats!"
Jun 4, 2022
Lynn mudder replied to farmgas's discussion 'Surging Natural Gas Prices'
"An old well that heats our home has been producing over 75 years. We “blow the drip” periodically to remove moisture from line to prevent freezing in winter.  It does not take much to heat an average home. "
May 23, 2022
Lynn mudder replied to farmgas's discussion 'Surging Natural Gas Prices'
"Shallow wells in Ohio give us “free gas” as per the lease. Marcellus wells are too much for private homes, but I know “per your Lease” you can negotiate to be paid for X amount of MCF’s at market value each year. "
May 22, 2022
Lynn mudder replied to farmgas's discussion 'Surging Natural Gas Prices'
"I agree Farmgas.  I was first approached by many companies in 2008. We ultimately signed with CHK for 5 yrs and it expired in 2013. Then Rice picked us up. I spent an unbelievable amount of time on various sites and learned SO much.  I…"
May 12, 2022
Lynn mudder replied to farmgas's discussion 'Surging Natural Gas Prices'
"Thank you so much for reply.  That is my understanding also. We are hopeful that the hedges will not affect our royalties.  Time will tell "
May 8, 2022
Lynn mudder replied to farmgas's discussion 'Surging Natural Gas Prices'
"If a company is hedged and the price goes up, does the company absorb that loss?   Will the landowners receive the going rate being paid?  "
May 7, 2022
Lynn mudder replied to farmgas's discussion 'Surging Natural Gas Prices'
"Thank you!"
May 5, 2022
Lynn mudder replied to farmgas's discussion 'Surging Natural Gas Prices'
"What is AR and where can I read this?"
May 4, 2022
Lynn mudder replied to farmgas's discussion 'Surging Natural Gas Prices'
"I am curious as a landowner who should be receiving royalties from EQT, how badly will these hedges hurt landowners royalty checks? There is a big difference between $3 and $8 a mcf. "
May 4, 2022
Lynn mudder replied to farmgas's discussion 'Surging Natural Gas Prices'
"Do you know how much EQT is hedged and until when?"
May 4, 2022
Lynn mudder replied to tillacat's discussion 'Looking to sell mineral rights'
"All good advise"
Mar 8, 2022
Lynn mudder replied to James Lindstrom's discussion 'EQT royalty checks late this month (jan)?'
"Again, we have not received our monthly royalty or received a reason why?  Anyone else not getting their check?  Reached out to customer relations but so far, no reply"
May 4, 2021
Lynn mudder replied to Lori Huber's discussion 'Royalties Plummeting at a More Rapid Rate - EQT Improvement under Rice Mgt?'
"Jeff, the price you are quoting of $1.43 was from an old post. If you check the date it was from a year ago. We only received .70 on this months check, ugh!  Now I will say something else. We have some old, small wells in Ohio. Same time frame…"
Dec 31, 2020
Lori Huber and Lynn mudder are now friends
Feb 10, 2020

Profile Information

Introduce Yourself
We obtained a good, owner, land friendly lease last July 08. Our relationship with our landman was a positive experience.obtained a new lease in 2014
What is your role?
Landowner
Which state(s) are you following?
Pennsylvania, Ohio
What shale plays do you follow?
Marcellus, Utica

Comment Wall (7 comments)

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At 11:46am on June 18, 2018, Marci Feustel said…

EQT got in touch with us.  They are leasing the families acreage.  They offered us $3,500 a acre with 15 percent royalaties.  We sent the offer to are lawyer.  Any thoughts on this?  Thank you.

At 8:27pm on May 29, 2018, Marci Feustel said…

I got in touch with the  property owners next to us they signed a lease with E.Q.T.  Should we contact them?  Just wondering  your opinion.  Thank you.

At 4:50am on May 17, 2018, Megan Torres said…
At 4:46am on May 17, 2018, Megan Torres said…

Hi Lynn. Yes, we were originally with Rice. I think the Dennis Cholak well pads are in the mentioned King Hippo unit? Communication, with Rice and EQT, has been terrible. I wish they were more transparent  with their development plans. 

At 12:33pm on February 25, 2018, Debra Lynn Pennell said…
Thanks. Have a lease with EQT and hope drilling starts soon in the Holbrook, Pa area. Nearing retirement this year and hoping for some supplemental income. Thanks. Debra Pennell
At 12:31pm on February 25, 2018, Debra Lynn Pennell said…
Have a lease with Rice/EQT that is set to expire Nov. 2018. No drilling but saw the pipeline in place. Any activity in the Holbrook area? Kind of hard to gauge what us going on from here in Virginia, but I try. Thanks. Debbie Pennell
At 3:04pm on November 23, 2009, Keith Mauck (Site Publisher) said…
Just wanted to touch base with you. Hope things are well and that this is a site where you can dive in and begin contributing. Please be sure to check out our county groups and see if there is a county you can participate in. Have fun "shaling."

Keith
Site Publisher
 
 
 

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