mike's Page

"Will it ever go back in production?"

"Yes Chesapeake.  Statoil and Ana also have part of well.  Will they also be shut-in? "

"Chesapeake"

"I just recently came across this.  It really blew my mind.  Its by far the most accurate, up to date, and easy to use mapping tool I've seen so far.  I asked the person who sent it to me where they received it but they…"

"Thanks for the KMZ, Matt.   I had not seen this before.  Are their maps like this for other counties?  "

"Maybe you have seen it already but its a pretty cool tool/map.   First make sure you ahve google earth downloaded.  Then open this file.  It will show the Fitzsimmons well drawn onto google earth.  803.2 acres in the…"

"Does anybody know if gas is being pumped from the Smith or Fitzsimmons wells?"

"The gas companies can hold your lease in a pooling unit, if your lease provides for it, for either an indefinite or defined term (in your lease). After a time, generally a year the companies have to pay you a shut-in royalty. In my case the lease…"

"Royalty checks can vary company to company. Lease to lease. Different things are allowed to be deducted from your royalty check in the way of post production costs. Different companies deduct different things, in most cases there is no way to verify…"

"When your land tract is pooled into a production unit, you will receive royalty from all wells drilled in that unit. The wellbore does not need to go under your land for you to receive royalty from a well in your unit."