$acre/per month

Why cant we come up with some type of average from the people on here actually getting royalty checks. I know every well is different but we should be able to ball park some numbers. 

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Permalink Reply by Nancy LeNau on April 30, 2014 at 1:31pm

Joe, May I ask... What town are you in ?  Many Thanks in advance.

Permalink Reply by joe on May 6, 2014 at 5:31am

Ohioville

Permalink Reply by Todd on May 6, 2014 at 5:44am

Hey Joe,

Apparently, Chesapeake must be taking a lot of deductions?

What is the price per mcf that CHK has been paying (underpaying) you?

Thanks, Todd

Permalink Reply by Tom R on April 30, 2014 at 4:36am

Very glad to see the response you're getting here, and the range of payments that are showing up. One thing that might help others is some info on the productivity of the wells that are generating the royalty. I had provided $/acre figures earlier in this thread but did not include that either, have modified list to include month of production and well output in MCF. For the area I'm in, this is a better than average, but not outstanding well.

3 13 91770.71 $81.49
4 13 137828.4 $149.93
5 13 104240.1 $114.39
6 13 97221.34 $102.17
7 13 47100.22 $39.70
8 13 82230.54 $59.17
9 13 91170.58 $61.86
10 13 83321.23 $55.13
11 13 69283.45 $47.72
12 13 65462.21 $54.95
1 14 66499.81 $113.05
Permalink Reply by The Rooster on April 30, 2014 at 4:43am

Tom

why is there such a money difference from 12/13 to 1/14 when production is about the same? do you have any idea?

Permalink Reply by Tom R on April 30, 2014 at 4:46am

It's all in the price of the gas, biggest contributor was CHK (who we all love to hate) December gas sold for (net) $2.71 /mcf, January was $7.43 /mcf.

Permalink Reply by crazyfarmer on May 6, 2014 at 5:40am
So much for the big money we we're all told about by the land man when we signed
Permalink Reply by mark on May 7, 2014 at 1:48am

yeah one thing is for certain the O&G company will get more than there fair share not once or twice but all the time very informative discussion

Permalink Reply by Ragnars Repo on May 7, 2014 at 1:57am
I don't know what the landman told you but mine was quite upfront. Told me don't quit my day job but it might be enough to make a car payment. If it's enough to pay the cable bill it's better than where I started.
Permalink Reply by Bill Barnaby on May 7, 2014 at 3:12am

I'm not taking the land mans side but depending on when you signed Nat gas prices were at record high's (around $10). So while the land men was lying pretty much the entire time his lips were moving, he may of had just a speckle of truth.

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