Hello everyone! ATTENTION to those that have production with Antero Resources! Please CHECK YOUR PAYMENT DETAIL! I noticed on my check statement from Antero last month that my “distribution interest decimal” x the “Property Value” did NOT equal the “Owner Value”. However, my “distribution interest decimal” x the "Property Volume DOES equal the “Owner Volume”. But, the “price” x the “Owner Volume” does NOT equal the “Owner Value”. After checking back through statements this is true of the last 12 wells that have been put in pay and extends back to the beginning of production! On this last check in May I was shorted by $9,742.00! The really weird thing is that on Oil on all these wells the calculation is correct. All the older wells are all correctly calculated too. Antero’s so-called “landowner hotline” is a total misnomer as they will be many days past before they respond. I had called and left a message and they responded about 18 days afterward but did NOT answer the question but seemingly thought I was asking if my owner distribution decimals had changed. I sent an email inquiry and am yet to hear back after 1 month. *** If you find the same thing is happening to you please let the forum know. This is very egregious! These check statements are so full of numbers that it is hard to catch something like this. Spreadsheet programs do not “miscalculate” unless a wrong formula has been entered. How much has Antero “skimmed” from landowners through this? If it’s big enough and widespread enough there could possibly be a class-action lawsuit in the works.
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It seems to me that based on the statement check provided, that Antero is paying you more closely based on the "Amount after Taxes and Deductions" line, although my numbers vary slightly from taking the Owner Interest # and multiplying that to the number reflected in the Amount after Taxes and Distribution.
The numbers you're showing "should be" for are based on the gross value.
Is your lease royalty supposed to be gross, no deductions? To me, it seems like a possible confusion between you and the operator of Gross vs. Net royalty payout.
Good luck and keep us updated as you find more details.
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