"This just shows how political people will lie to the media, convincing them the gas problem is from the deeper drilling. You have no idea how much economic damage this has done to landowners, with drilling bans in New York etc. all at the…"
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How is Royalty figured with the up and down figures of natural gas?
6 Replies
Does anyone know how royalty figured in regards to the up and down price of natural gas. Last month we were paid 4.10 and now it's 4.79. If the amount is 5.00 by the cut off date is the average price…Continue
Started this discussion. Last reply by Roger Gann Jun 25, 2010.
Oil Prices Down????
2 Replies
Does anyone know if gas prices are down? Royalty checks sure are. Does oil prices and production output go hand in hand? Where can I find this info? Also what causes gas prices to decrease and…Continue
Started this discussion. Last reply by Jeff Ferreira May 24, 2010.
Unit Size or Addition
Is a unit size ever increased? Can you be in more than one unit with the same well? Just wondering as I have heard yes and no.
Started Apr 23, 2010
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Henry J. Cittone replied to The Hunter Man's discussion 'I grew up in Dimock and remember all the fun we had at the creeks' in the group Susquehan. County, PADaniel Farnham replied to The Hunter Man's discussion 'I grew up in Dimock and remember all the fun we had at the creeks' in the group Susquehan. County, PA"The source of the methane in question is the answer to the question here. One must not confuse methane produced from the decomposition of organic matter in bodies of water with the methane released from geologic formations. "
The Hunter Man replied to WVU78's discussion 'Finally, Cabots Reply to Dimock Water Well Contamination'"Finally is correct. I can't believe Cabot waited this long. I wrote about setting the creek on fire when I was a kid along with neighborhood friends, some included in the dispute with Cabot. Also a gentleman in Montrose recently told me that…"
A discussion started by The Hunter Man was featuredHow long to drill a well
The gas co, knows where they want to put the well on our property. How long does it usually take them from start to finish. I know every situation is different but would like a good guessestimate. Thanks.
hunter777 replied to The Hunter Man's discussion 'How long to drill a well' in the group Susquehan. County, PA"Given the typical situation in Susq. County that I've observed, figure about 3-4 weeks for pad preparation, a few weeks to drill the vertical portion, 3-6 weeks for the horizontal depending on the length, a few weeks to bring in the water for…"
The Hunter Man added a discussion to the group Susquehan. County, PA
How long to drill a well
The gas co, knows where they want to put the well on our property. How long does it usually take them from start to finish. I know every situation is different but would like a good guessestimate. Thanks.
Ron Erickson replied to The Hunter Man's discussion 'Pipeline on land' in the group Susquehan. County, PA"Read your Lease!! Likely you have already agreed to the pipeline - so long as it is for your Production Unit to get the Gas, for which you get Royalty, to market."
RALPH BELL replied to The Hunter Man's discussion 'Pipeline on land' in the group Susquehan. County, PA"Talked to a pipeline rep yesterday from Mason Dixon doing pipeline project for Chesapeake Appalachia in Auburn twsp. They are paying 5000.00 per disturbed acre.Ralph"
george leonard replied to The Hunter Man's discussion 'Pipeline on land' in the group Susquehan. County, PA"I think pipeline row should be in your lease"
The Hunter Man replied to The Hunter Man's discussion 'Pipeline on land' in the group Susquehan. County, PA"Thank you!"
Bill replied to The Hunter Man's discussion 'Pipeline on land' in the group Susquehan. County, PA"Yes, but not much. I think it is a one time payment of about 5 bucks a foot."
The Hunter Man added a discussion to the group Susquehan. County, PAPipeline on land
Currently I have a mineral lease with Chesapeke and now they are walking the land to see how to run a pipe line through it. Do I get paid extra if the pipeline is allowed and does anyone have any idea how much?
Roger Gann replied to The Hunter Man's discussion 'How is Royalty figured with the up and down figures of natural gas?'"Jim is correct. The price you receive is completely dependent on your lease contract with the operator and / or the sales contract the operator has with the purchaser of the gas. Many royalty lease agreements today specify whether or not you will…"
marilyn ascani replied to The Hunter Man's discussion 'How is Royalty figured with the up and down figures of natural gas?'"I have heard that a drill totally missed the shale in Bradford County and hit sand."
Sam Douglass replied to The Hunter Man's discussion 'How is Royalty figured with the up and down figures of natural gas?'"Read your lease. They are all different. I think it would be unusual to see the NYMEX price mentioned in the lease. An advantage would be that you might be able to see a published price. Some leases are vague about price. Some say it will be based…"
Dean Harris replied to The Hunter Man's discussion 'How is Royalty figured with the up and down figures of natural gas?'"Most companies use the closing price on the NYMEX for each month, unless they have locked in gas prices at a set rate for a specified period of time. The NYMEX price is settled the 3rd business day prior to the end of the month. For example, the…"
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