Probably the second or third week of Sept.
2 words will suffice,,,,greed,,,laziness.
In 2017, according to my sources, each well will have electronic transmitting meters that report to the Ohio Department of Taxation. This was by phone conversation with a Farmer I know who told me after getting off of the phone with the Tax Department.
Lawyers have told us that the Tanker Trucks are full when they leave the well pad, and a driver told us he's not allowed to go on a pad unless there are 200 barrels in the tank.
So when you have 10 oil pickups per month starting at 35 barrels and decreasing from there, you actually have had 200 barrels picked up 10 times. The theft is huge in every area I've looked at.
The ODNR figures are always 20% higher than reported on the Royalty Statement. The producer thinks he can write off 20% or more each month for his losses.
The ODNR figures will be no where near what is being taken by Chesapeake. I believe the Truckers and the lawyers rumors have been verified true so far.
I only have 2.6 acres under production but being a Citizen of Ohio I'm very concerned about this theft. It affects everyone in Ohio including our governor who should be considered a Co-Conspirator for doing nothing while the State is being robbed, an obvious RICO Act violation by Chesapeake.
Chesapeake is blaming Williams Partners again for royalty underpayment due to a bad contract to move our well products. Chesapeake owns Access Midstream, which bought Williams Partners and are now trying to hide behind their name, but a theft of this proportion can't be hidden.
I have the evidence on Access Midstream buying Williams Partners and keeping WPs Name if anyone has an issue about this fact.