Royalty amounts started out at 692.00 per acre per month 4 months ago. Its down to 153.00 per acre per month.Thats 1/8 on 2 horizontals.

Views: 5039

Reply to This

Replies to This Discussion

At the current rate for all we know they we're mildly choked at $692 per acre or was held up by infrastructure. True numbers will be revealed once pipeline is set I bet.

Total speculation on my part but it makes sense (I think lol).

Bill,

I'll be reporting my numbers in a couple of weeks on the Harrison County webpage. Some factors that are affecting the production on my wells include a serious fire in a midstream production facility that occurred approximately 3 months ago. That facility is still restricting deliveries. Also, my operator recently throttled back production so they could install plunger pumps. I'm blessed that my operator keeps me informed-Thank you Atlas!

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service