Replies to This Discussion

Permalink Reply by Diane Flannery Dye on July 28, 2014 at 8:48am

Kelly I knew once but gone from my mind at the moment

Permalink Reply by Kelly Young on July 31, 2014 at 1:35am

I emailed Chesapeke to get an update and here is the reply to got back:

I think I will have everything needed to complete the se- up of this well by this month’s close. This means checks would go out the last day of August.

 

Thank you,

Melinda Nelson

Permalink Reply by Undecided About Oil on August 5, 2014 at 5:29am

A royalty check for a well on the Millport Pipeline has been received by the landowner ...

Permalink Reply by Kelly Young on August 5, 2014 at 6:13am

I know of someone who got a check from the Dye well and someone with a check from the Trebilcock well...just yesterday

Permalink Reply by CraneMAN_69 on August 5, 2014 at 6:23am

Kelly, can you share a dollar amount / acre with royalty%?

Permalink Reply by Kelly Young on August 5, 2014 at 6:30am

Check was for $2200 for 4.X acres in the Dye well. I think their royalty was 18% gross something like that. Any I believe that was from March until July 31st.

Permalink Reply by James Foster on August 5, 2014 at 7:34am

Kelly,

This CHK Check Stubs is a good link I found on another thread on here for reading info on CHK check stub.  On the left is the date with no dashes, dots or slashes so 314, 414, 514 and so on.  Based on a friends check I think Dye was paid for March (half a month based on the date it went into production, April, and May.  Based on that if you take your check amount and divide it by acres then divide by 2.5 you would get approximately $220 per acre per month.  Friends check was approx $211 per acre per month. 

Permalink Reply by Kelly Young on August 5, 2014 at 8:06am

So the check was only for half of March through May? I thought it was through July as well. If that is true, then they are getting better than I thought they would.

Permalink Reply by TJT on August 5, 2014 at 8:40am

Those per-acre royalty amounts match what I've seen from another well on the Millport line. Not too bad. Now we'll have to see about the decline rates.

Permalink Reply by beetle on August 5, 2014 at 7:43am

Kelly did you receive your division orders yet ?

Permalink Reply by Kelly Young on August 5, 2014 at 8:10am

I haven't received anything yet. I don't know if they are sending checks by last name or not.

Permalink Reply by James Foster on August 5, 2014 at 8:40am

Did you get a pack of papers quite awhile ago that stated that the unit would be 640 acres.  It had some maps with it etc. I think those were the division orders but I am not sure about that.

• ‹ Previous
• 1
• 2
• 3
• 4
• 5
• 6
• …
• 12
• Next ›
• Page