Will the increase in the price of natural gas make a big impact on royalties or are these gas companies already locked into a prior agreed on selling price?
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Here is an authoritative and informative article relative to gas prices this winter and going forward from there.
https://rbnenergy.com/somethin-bad-about-to-happen-how-warm-winters...
Jesse,
What you say below may be more applicable to subsequent winters (after 2014-2015).
Phil
On my recent royalty checks, one company sold their share of gas for $2.25 and the other company sold theirs for $2.55. Is this the best price they could sell it for?
Jesse, the companies are CNX and Noble. They are in a JV (joint venture), plus the midstream company is CONE which was formed by CNX and Noble. They have it covered on both ends! MarkWest has their processing plants close by (Majorsville) and I'm sure they're involved in it too.
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