Early April Fool's Joke? - GoMarcellusShale.com2024-03-29T14:27:36Zhttps://gomarcellusshale.com/forum/topics/early-april-fool-s-joke?groupUrl=bradford_county_marcellus&commentId=2274639%3AComment%3A565412&groupId=2274639%3AGroup%3A11400&feed=yes&xn_auth=noJust read your reply today, S…tag:gomarcellusshale.com,2014-04-14:2274639:Comment:5671382014-04-14T13:11:31.384ZR. Groblewskihttps://gomarcellusshale.com/profile/RonaldGroblewski
<p>Just read your reply today, Statoil has a 16.25% share in this unit.Still waiting. Thanks Ron</p>
<p>Just read your reply today, Statoil has a 16.25% share in this unit.Still waiting. Thanks Ron</p> I was not hit with this until…tag:gomarcellusshale.com,2014-04-09:2274639:Comment:5654122014-04-09T14:25:24.912ZTom Rhttps://gomarcellusshale.com/profile/TomR
<p>I was not hit with this until November. Transport deduction went from ~18 cents/mcf in October to 67 cents in November. December was 35 and January 42. Had been running 12 to 15 cents from 3/13 up to October. Had seen discussion of high deduction and mention of the diversion to another pipeline in another thread.... will try to find it and put a link here if you're interested.</p>
<p>Here is the link…</p>
<p></p>
<p>I was not hit with this until November. Transport deduction went from ~18 cents/mcf in October to 67 cents in November. December was 35 and January 42. Had been running 12 to 15 cents from 3/13 up to October. Had seen discussion of high deduction and mention of the diversion to another pipeline in another thread.... will try to find it and put a link here if you're interested.</p>
<p>Here is the link</p>
<p><a href="http://gomarcellusshale.com/group/bradford_county_marcellus/forum/topics/on-line-info-sources?page=1&commentId=2274639%3AComment%3A549060&x=1#2274639Comment549060" target="_blank">http://gomarcellusshale.com/group/bradford_county_marcellus/forum/topics/on-line-info-sources?page=1&commentId=2274639%3AComment%3A549060&x=1#2274639Comment549060</a></p>
<p>the comment I refer to is toward the bottom of the thread.</p> Called Chesapeake first thing…tag:gomarcellusshale.com,2014-04-09:2274639:Comment:5655042014-04-09T13:41:33.634ZDOShttps://gomarcellusshale.com/profile/DebO
<p>Called Chesapeake first thing this morning and spoke with Lacey. The 9/13 -$1.18 is not a mistake, but other than "an adjustment" could not explain why I would be paying Chesapeake and suggested I write a letter to LEGAL dept.</p>
<p>The explanation for the deductions being doubled is: a result of contracts now using two pipeline companies so double the transportation costs. I asked her to name the pipeline companies. After some research she said 1.) Tennessee Gas Pipeline and 2.) Texas…</p>
<p>Called Chesapeake first thing this morning and spoke with Lacey. The 9/13 -$1.18 is not a mistake, but other than "an adjustment" could not explain why I would be paying Chesapeake and suggested I write a letter to LEGAL dept.</p>
<p>The explanation for the deductions being doubled is: a result of contracts now using two pipeline companies so double the transportation costs. I asked her to name the pipeline companies. After some research she said 1.) Tennessee Gas Pipeline and 2.) Texas Eastern Transmission are both now being used in order to get a better price for gas. "This is the case for all of North Eastern PA as the basin and terrain make it difficult to get the gas to market."</p>
<p></p>
<p>Did anyone else in NE PA notice their deductions double in 9/13?</p>
<p>Thanks.</p> Did you get out your division…tag:gomarcellusshale.com,2014-04-09:2274639:Comment:5656002014-04-09T12:33:00.984ZDoug Duffieldhttps://gomarcellusshale.com/profile/DougDuffield
<p>Did you get out your division orders and add up each companies interest in the unit? I had the same issue in Asylum Twp., neighbors were recieving Stat checks we weren't, finally got someone at Stst that told me they don't have an interest in our lease for the unit. Added them up and sure enough the other three came to 100%.</p>
<p>Did you get out your division orders and add up each companies interest in the unit? I had the same issue in Asylum Twp., neighbors were recieving Stat checks we weren't, finally got someone at Stst that told me they don't have an interest in our lease for the unit. Added them up and sure enough the other three came to 100%.</p> I see. that sucks.
for me, th…tag:gomarcellusshale.com,2014-04-09:2274639:Comment:5656502014-04-09T00:54:20.686Zwyalusing jimhttps://gomarcellusshale.com/profile/wyalusingjim
<p>I see. that sucks.</p>
<p>for me, the people that answer the phone have usually given pretty good explanations for that sort of thing. I had some revisions and rebookings that did to me a couple of times.</p>
<p>wj</p>
<p>I see. that sucks.</p>
<p>for me, the people that answer the phone have usually given pretty good explanations for that sort of thing. I had some revisions and rebookings that did to me a couple of times.</p>
<p>wj</p> I have called several times.…tag:gomarcellusshale.com,2014-04-09:2274639:Comment:5654782014-04-09T00:48:55.057ZDOShttps://gomarcellusshale.com/profile/DebO
<p>I have called several times. Have been on hold for 45+ minutes to an hour listening to Mozart. No one answers. I called at 7:30 one morning and finally got a person. He couldn't give an explanation so I was transferred--and was listening to Mozart again until the battery ran out on my phone.</p>
<p>I didn't receive the 9/13-12/13 earnings statement until 2/28/14--have been trying to get an answer since.</p>
<p>I have called several times. Have been on hold for 45+ minutes to an hour listening to Mozart. No one answers. I called at 7:30 one morning and finally got a person. He couldn't give an explanation so I was transferred--and was listening to Mozart again until the battery ran out on my phone.</p>
<p>I didn't receive the 9/13-12/13 earnings statement until 2/28/14--have been trying to get an answer since.</p> no explanation? did you call/…tag:gomarcellusshale.com,2014-04-09:2274639:Comment:5653882014-04-09T00:30:44.857Zwyalusing jimhttps://gomarcellusshale.com/profile/wyalusingjim
<p>no explanation? did you call/write requesting an explanation?</p>
<p>wj</p>
<p>no explanation? did you call/write requesting an explanation?</p>
<p>wj</p> Does anyone have any idea a…tag:gomarcellusshale.com,2014-04-09:2274639:Comment:5653872014-04-09T00:22:28.847ZDOShttps://gomarcellusshale.com/profile/DebO
<table border="0" cellspacing="0" width="523">
<colgroup><col width="75"></col><col span="7" width="64"></col></colgroup><tbody><tr><td colspan="2" height="20" width="139"><p></p>
<p>Does anyone have any idea as to why Chesapeake started with the HUGE deductions Sept 2013?</p>
<p>Chesapeake</p>
<p>Smithfield Township, Bradford County…</p>
</td>
<td colspan="4" width="256"></td>
<td width="64"></td>
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<table border="0" cellspacing="0" width="523">
<colgroup><col width="75"></col><col width="64" span="7"></col></colgroup><tbody><tr><td height="20" colspan="2" width="139"><p></p>
<p>Does anyone have any idea as to why Chesapeake started with the HUGE deductions Sept 2013?</p>
<p>Chesapeake</p>
<p>Smithfield Township, Bradford County</p>
</td>
<td colspan="4" width="256"></td>
<td width="64"></td>
<td width="64"></td>
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<td></td>
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<tr><td height="20">mo/yr</td>
<td>Gross $</td>
<td>Net $</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr><td height="20" class="xl65" align="right">1/13</td>
<td class="xl66"> $ 2.953</td>
<td class="xl66"> $ 2.529</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr><td height="20" class="xl65" align="right">2/13</td>
<td class="xl66"> $ 2.850</td>
<td class="xl66"> $ 2.420</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr><td height="20" class="xl65" align="right">3/13</td>
<td class="xl66"> $ 2.948</td>
<td class="xl66"> $ 2.570</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr><td height="20" class="xl65" align="right">4/13</td>
<td class="xl66"> $ 3.563</td>
<td class="xl66"> $ 3.200</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr><td height="20" class="xl65" align="right">5/13</td>
<td class="xl66"> $ 3.742</td>
<td class="xl66"> $ 3.380</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr><td height="20" class="xl65" align="right">6/13</td>
<td class="xl66"> $ 3.739</td>
<td class="xl66"> $ 3.380</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr><td height="20" class="xl65" align="right">7/13</td>
<td class="xl66"> $ 3.270</td>
<td class="xl66"> $ 2.920</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr><td height="20" class="xl65" align="right">8/13</td>
<td class="xl66"> $ 3.287</td>
<td class="xl66"> $ 2.930</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr><td height="20" class="xl65" align="right">9/13</td>
<td class="xl66"> $ 3.143</td>
<td class="xl67"> $ -1.180</td>
<td colspan="5"><p>NEGATIVE.</p>
<p>No explanation from Chesapeake.</p>
</td>
</tr>
<tr><td height="20" class="xl65" align="right">10/13</td>
<td class="xl66"> $ 3.073</td>
<td class="xl66"> $ 1.540</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr><td height="20" class="xl65" align="right">11/13</td>
<td class="xl66"> $ 3.071</td>
<td class="xl66"> $ 1.530</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr><td height="20" class="xl65" align="right">12/13</td>
<td class="xl66"> $ 3.401</td>
<td class="xl66"> $ 1.860</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr><td height="20" class="xl65" align="right">1/14</td>
<td class="xl66"> $ 3.049</td>
<td class="xl66"> $ 1.509</td>
<td></td>
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</tbody>
</table> c.e.m.i. lowers the price per…tag:gomarcellusshale.com,2014-04-09:2274639:Comment:5655672014-04-09T00:20:04.511Zwyalusing jimhttps://gomarcellusshale.com/profile/wyalusingjim
<p>c.e.m.i. lowers the price per mcf 3 cents to arrive at the "wellhead price". that covers marketing costs.</p>
<p>wellhead gas is used for dehydration on the pads. our volumes are measured after this use.</p>
<p>as far as statoil, they may very well be netting back to deduct for transportation, gathering, marketing and compression, resulting in the new lower "wellhead price" that they have been paying on recently. (indirect deductions)</p>
<p>wj</p>
<p>c.e.m.i. lowers the price per mcf 3 cents to arrive at the "wellhead price". that covers marketing costs.</p>
<p>wellhead gas is used for dehydration on the pads. our volumes are measured after this use.</p>
<p>as far as statoil, they may very well be netting back to deduct for transportation, gathering, marketing and compression, resulting in the new lower "wellhead price" that they have been paying on recently. (indirect deductions)</p>
<p>wj</p> "assuming that you have the f…tag:gomarcellusshale.com,2014-04-08:2274639:Comment:5653842014-04-08T23:05:35.431ZMoldyoakhttps://gomarcellusshale.com/profile/moldyoak
<p>"assuming that you have the fvgl, you are indeed paying at least marketing and dehydration ppc's."</p>
<p></p>
<p>Huh? Are you saying (if I guess correctly!) that because of the 'wellhead' language in the lease, CHK is in some way netting back from the sales price to CMI to create an artificial wellhead price which has been depressed via deductions that are not actually listed on the statements?</p>
<p></p>
<p>If you're not saying this, I would be interested to know what you in fact are…</p>
<p>"assuming that you have the fvgl, you are indeed paying at least marketing and dehydration ppc's."</p>
<p></p>
<p>Huh? Are you saying (if I guess correctly!) that because of the 'wellhead' language in the lease, CHK is in some way netting back from the sales price to CMI to create an artificial wellhead price which has been depressed via deductions that are not actually listed on the statements?</p>
<p></p>
<p>If you're not saying this, I would be interested to know what you in fact are saying in the aforementioned statement.</p>