I own mineral rights in Wetzel County. 30 wells have been producing for the past 18 months. I have been getting paid royalty for natural gas but have received zero royalty for oil or NGLs.

Is there a reliable method to verify if my wells have been producing NGLs and oil, and, if so, in what quantities?

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This discussion thread is about the production quantities but my concerns are with the pricing. I am in Tyler county, WV. I received my statements from Jay-Bee Oil and Gas, and the prices they state are far below the quoted NYMEX values, the futures markets, and the publicly known hedge values of other companies. (Jay-Bee is a private company that does not publish, that I am aware, its hedge prices).  The prices they are required to use to calculate royalty payments for me are the values in the pipeline.  The values they determined are far below their costs to produce the minerals. The prices they provide would cause them to have a negative cash flow, I believe.  The true value of the minerals is really the hedged value.  I have not found any published data that shows the price in the pipeline to be what Jay-Bee provided.  I am almost certain that the price Jay-Bee provided on my statements is not the true revenue they received, as I am aware they are hedged in their contracts. And all data that I find shows the price to be almost 100% higher, meaning that royalties for oil and gas are about half what they should be. It is not my intent to change this thread from a production verification discussion to a price discussion.  I just want to state that I find pricing to be a far greater issue, and this is, of course, a major cause of the thousands of mineral owners involved in class action suits already.

What I have found is that the price for NG in NW West Virginia is about $1.00 lower than the Henry Hub price. The explantation that I have been given is that there are not enough pipelines to take our gas to higher priced markets. Basically supply and demand...we have too much gas and not enough need so our price is lower.

I have also heard that pipelines are either being planned or built that will help alleviate this problem.

Hopefully others will comment with more and better information.

Thank you for sharing...for me, Jay-Bee is far less than $1 below the henry Hub price or the NYMEX price, or hedge prices

It's so sad that we royalty owners are being taken advantage of :  (

We have nothing to do with Hedge prices. Gas prices vary everywhere. We need more pipelines out. Marcellus is lacking.

All wells drilled AND producing in 2014 must be filed with the DEP. In March of this year and each year, all the production values will be online. That is how I found out about all the wells drilled on us in 2013.

It appears that some companies are reporting false numbers to DEP. 

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