sharon baatz's Page

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Oct 22, 2011

sharon baatz left a comment for Ben Elmore

"thanks Ben for getting back to me that is what I kind of figured."

Aug 4, 2011

Ben Elmore replied to sharon baatz's discussion 'Deduction from Royalty Check ~about (15%) ~ Gathering??? Andarko!!'

"Companies are starting to insert this language into leases, and some are using the "enhancement" portion to do an end run around the cost-free portion (e.g., processing the gas enhances the value so you are charged with your share; or…"

Aug 3, 2011

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Aug 2, 2011

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Aug 2, 2011

sharon baatz posted a discussion

Deduction from Royalty Check ~about (15%) ~ Gathering??? Andarko!!

I am wondering if anyone who is receiving a royalty check from Andarko and they are taking out gathering costs ~ about (15% )even if you have an addendum to their lease titled Market Enhancement states. (Statoil is not taking this cost out) of check It is agreed between lessor and lesee that notwithstanding any language herein to the contrary, all oil ,gas or other proceeds accuring to the lessor under this leaseor by state law shall be without deduction, directly or indirectly,for the cost…See More

Aug 1, 2011

1 Comment

bill h replied to sharon baatz's discussion 'Shirley Unit'

"I see the Cluadia Unit got filed at the courthouse; does that mean you're getting royalties? We're looking at around 5-7 dollars/day per acre... is this similar tow what you're seeing?"

Feb 2, 2011

bill h replied to sharon baatz's discussion 'Shirley Unit'

"The well is not on our property. It's across the street on the Bullock property."

Feb 2, 2011

sharon baatz posted a discussion