If your lease says its a gross lease no pre or post deductions can the gas co. still take deductions in the state of PA. I was told the state of PA. will let the gas co. take deductions even if the lease says its a gross lease ? Any one please response
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Permalink Reply by Kyle Nuttall on June 12, 2015 at 4:14am You'd be good in West Virginia. I don't know the PA laws, though.
Regardless, you have to watch them closely because they'll take deductions even when they know they're not supposed to. It's a business decision. They'll make more money taking the deductions from everybody and paying out settlements for the few royalty owners that actually sue them.
Permalink Reply by Rich on June 12, 2015 at 10:45am
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