CHK Changes my Royalty Interest Percentage? - GoMarcellusShale.com2024-03-28T21:03:32Zhttps://gomarcellusshale.com/forum/topics/chk-make-up-status?commentId=2274639%3AComment%3A773406&x=1&feed=yes&xn_auth=noEclipse did the same thing to…tag:gomarcellusshale.com,2018-03-05:2274639:Comment:7734062018-03-05T21:23:02.532Zbo boboskihttps://gomarcellusshale.com/profile/boboboski
<p>Eclipse did the same thing to a lot of folks around Salesville, ohio. I guess they do whatever they think they can get away with. </p>
<p>Eclipse did the same thing to a lot of folks around Salesville, ohio. I guess they do whatever they think they can get away with. </p> I have noticed similar change…tag:gomarcellusshale.com,2018-03-05:2274639:Comment:7732862018-03-05T20:44:15.044ZBrian Wernerhttps://gomarcellusshale.com/profile/BrianWerner
I have noticed similar changes on my stubs. The CHK explaination does not make sense because they are constantly making their "corrections" every month. With regard to the corrections, I often get a whole page or more of changes each month and they typically go back up to four years (basically to when they drilled the well). I keep track of all of the changes in a spread sheet and these are not one time corrections. They in many cases have "corrected" the same number four or five times so these…
I have noticed similar changes on my stubs. The CHK explaination does not make sense because they are constantly making their "corrections" every month. With regard to the corrections, I often get a whole page or more of changes each month and they typically go back up to four years (basically to when they drilled the well). I keep track of all of the changes in a spread sheet and these are not one time corrections. They in many cases have "corrected" the same number four or five times so these are not really corrections. After 4 years one would think they could figure out how much they sold and at what price. The "corrections" almost always result in a royalty reduction but in a few rare cases the changes were positive. I also see the Royalty Interest percentage changing, which seems impossible unless they are changing the unit size.It appears they may have found a new way to reduce the landowner's share.