Does Rice own the whole well or does Gulfport own part of it?
that makes a difference.... you can check the paperwork on uslandrecords.com to see if it is a split well. We are in Razin Kane and get a check from Rice and Gulfport (about a 69/31 split). Our $$ are way down with the price of gas and our volume is way down as well. We have the market enhancement clause so we unfortunately have deductions also. We have 3 wells in our unit and this month was around $213 per acre. If you break that down per well though it is around $71 an acre. Back in the fall when we were running higher volume (around 14 mmcf) and gas was higher we were around $233 an acre per well. There is so much that goes into it that it is not an easy question to answer.
usually in the pool unit paperwork it will say something.
No I leased with Gulfport but there is an agreement between the two companies to share acreage.
I'll send you a friend request...
yeh they don't send you that paperwork lol - it's filed with the auditors office and available for viewing at the courthouse or via uslandrecords
There are countless variables that will factor into the revenue you receive. Royalty percentage, if you reserved LNGs, etc. I suggest requesting a Declaration Of Pooling for the well site, plus a close review of your lease.