"I have a some land in the NW Felter site, what does this mean for me???"
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micciandjazz
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micciandjazz's Discussions
Estimated Daily Production Rate???
So, if i know a well produced 200000mcf in 29 days, what would the daily rate of production? And what is the math used to come up with the number? I figure it's gotta be a number between 1 and 20,…Continue
Started Mar 18, 2012
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micciandjazz replied to Pam S's discussion 'Roylaties in Bradford County' in the group Bradford County, PA"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."
Matthew Santiago left a comment for micciandjazz"Sorry, I never saw your friend request. Have you received your first payment yet? Is the statement look like rocket science, lol."
micciandjazz replied to Pam S's discussion 'Roylaties in Bradford County' in the group Bradford County, PA"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…"
micciandjazz replied to John Sorensen's discussion 'What happens when current lease expires in 10 years?' in the group Bradford County, PA"So after the Lease expires, they dont have to pay the bonus money again. So at the 5 year mark, if they have drilled on our land, then they have to renew the lease and pay the bonus money again, right? After the 10 years, does the Royalty rate…"
micciandjazz replied to Pam S's discussion 'Roylaties in Bradford County' in the group Bradford County, PA"We have 65 acres in Bradford County, signed our lease papers in April 2009, got our bonus money in August 2009, and we just received our Division Orders for about 32 acres. Which means, we should be getting our first royalty payment next…"
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- At 2:39pm on May 20, 2012, Matthew Santiago said…
Sorry, I never saw your friend request. Have you received your first payment yet? Is the statement look like rocket science, lol.
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AboutWhat makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen. [ Read More ] |
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