hey yall as promised i would post numbers if i ever got drilled . - GoMarcellusShale.com2024-03-29T10:48:15Zhttps://gomarcellusshale.com/forum/topics/yy?feed=yes&xn_auth=nohere another one . . here's …tag:gomarcellusshale.com,2021-02-02:2274639:Comment:8624212021-02-02T21:41:28.024Zadam sorellhttps://gomarcellusshale.com/profile/adamsorell493
<p>here another one . . here's february just received. damn if only they do my 8 acres i can take the old lady to Outback. sheet we got lots of rich folk around here. i got friends with 100acres 200 acres. never mentioned nothing to me. lol i wont feel bad at pigging out at their parties no more.…</p>
<p><a href="https://storage.ning.com/topology/rest/1.0/file/get/8507692496?profile=original" rel="noopener" target="_blank"><img class="align-full" src="https://storage.ning.com/topology/rest/1.0/file/get/8507692496?profile=RESIZE_710x"></img></a></p>
<p>here another one . . here's february just received. damn if only they do my 8 acres i can take the old lady to Outback. sheet we got lots of rich folk around here. i got friends with 100acres 200 acres. never mentioned nothing to me. lol i wont feel bad at pigging out at their parties no more.</p>
<p><a href="https://storage.ning.com/topology/rest/1.0/file/get/8507692496?profile=original" target="_blank" rel="noopener"><img src="https://storage.ning.com/topology/rest/1.0/file/get/8507692496?profile=RESIZE_710x" class="align-full"/></a></p> That makes sense. They do se…tag:gomarcellusshale.com,2021-01-22:2274639:Comment:8619852021-01-22T21:30:14.681ZKyle Nuttallhttps://gomarcellusshale.com/profile/KyleNuttall
<p>That makes sense. They do sell to different buyers, even though the gas is in the same pipeline. Eventually it splits up into different pipes.</p>
<p>It's always nice to have a little extra mineral right drop into your lap!</p>
<p>That makes sense. They do sell to different buyers, even though the gas is in the same pipeline. Eventually it splits up into different pipes.</p>
<p>It's always nice to have a little extra mineral right drop into your lap!</p> You're welcome. To make my…tag:gomarcellusshale.com,2021-01-21:2274639:Comment:8622382021-01-21T13:53:52.116ZHilltopHomehttps://gomarcellusshale.com/profile/HillTopHome
<p> You're welcome. To make my actual statement even more confusing, I actually have 2 tracts (I combined their totals on my own Excel for simplicity), one being a fairly small parcel that I wasn't sure if we were going to get the mineral rights on, there was some vagueness in the deed. But evidently after all their searches and inquiries with previous owners, next of kin, whatever, it landed in our court. No complaints there.</p>
<p> I heard back from Southwestern Energy concerning my…</p>
<p> You're welcome. To make my actual statement even more confusing, I actually have 2 tracts (I combined their totals on my own Excel for simplicity), one being a fairly small parcel that I wasn't sure if we were going to get the mineral rights on, there was some vagueness in the deed. But evidently after all their searches and inquiries with previous owners, next of kin, whatever, it landed in our court. No complaints there.</p>
<p> I heard back from Southwestern Energy concerning my question on the two different gas sale prices on the Eclipse portion (thus far, they've been quite responsive and helpful with any questions I've had). She said it wasn't a "futures price & spot price" as I was guessing, but simply sales to two different buyers/markets. I don't know the details of how all that is handled. She also said that the statements beginning in Jan. '21, will be directly through SW, not a pass-through of the Eclipse and Triad entities, so I'm guessing the statement look will change once that is in place.</p>
<p></p> Man, that's nicely organized.…tag:gomarcellusshale.com,2021-01-20:2274639:Comment:8620702021-01-20T17:17:45.247ZKyle Nuttallhttps://gomarcellusshale.com/profile/KyleNuttall
<p>Man, that's nicely organized. Much better than what the producers do. Thanks for letting us all see.</p>
<p>Man, that's nicely organized. Much better than what the producers do. Thanks for letting us all see.</p> Thanks for sharing. This kin…tag:gomarcellusshale.com,2021-01-20:2274639:Comment:8622282021-01-20T17:15:44.563ZKyle Nuttallhttps://gomarcellusshale.com/profile/KyleNuttall
<p>Thanks for sharing. This kind of info helps everybody know whether they're being treated fairly by the producers.</p>
<p>Thanks for sharing. This kind of info helps everybody know whether they're being treated fairly by the producers.</p> I don't know about Ohio, but…tag:gomarcellusshale.com,2021-01-20:2274639:Comment:8621622021-01-20T17:13:15.270ZKyle Nuttallhttps://gomarcellusshale.com/profile/KyleNuttall
<p>I don't know about Ohio, but in West Virginia the old surveys were always wrong. Not just usually, but always. I haven't seen old calls plotted on a computer system give a result where the beginning and end point match up. Sometimes they were close but usually they were far enough off that you had to wonder how they could get it that wrong. It can dramatically change the number of acres in a tract.</p>
<p>Your only solution will be to have another survey done. I'm confident that your…</p>
<p>I don't know about Ohio, but in West Virginia the old surveys were always wrong. Not just usually, but always. I haven't seen old calls plotted on a computer system give a result where the beginning and end point match up. Sometimes they were close but usually they were far enough off that you had to wonder how they could get it that wrong. It can dramatically change the number of acres in a tract.</p>
<p>Your only solution will be to have another survey done. I'm confident that your survey would differ from their survey. Not because they did anything wrong, but because most of the surveys I've seen have ended up with different results. Usually modern survey results are pretty similar to each other, but they're still often a little bit different. GPS based surveying is the only way you'll end up with the same result over and over.</p> As Hilltop mentioned, it may…tag:gomarcellusshale.com,2021-01-13:2274639:Comment:8607032021-01-13T19:08:55.260ZG.H.https://gomarcellusshale.com/profile/GH930
<p>As Hilltop mentioned, it may be possible that a part of your parcel is not in the unit. Take a look at the division order they sent you, or at the ODNR website unit plats. Those should show where the unit boundaries are, so you'll be able to see if your entire parcel is included, as well as the acreage that the o&g company surveyed your parcel at. </p>
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<p>The acreage of most of my parcels has been different from the deed when the o&g company surveys for the unit. Usually it…</p>
<p>As Hilltop mentioned, it may be possible that a part of your parcel is not in the unit. Take a look at the division order they sent you, or at the ODNR website unit plats. Those should show where the unit boundaries are, so you'll be able to see if your entire parcel is included, as well as the acreage that the o&g company surveyed your parcel at. </p>
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<p>The acreage of most of my parcels has been different from the deed when the o&g company surveys for the unit. Usually it has been in my favor, but a few times it has gone the other way too. </p>
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<p>Sorry if this is info you already know, just thought I'd pitch in what knowledge I could.</p> no it was 1.3 on the lease co…tag:gomarcellusshale.com,2021-01-12:2274639:Comment:8605962021-01-12T04:16:30.123Zadam sorellhttps://gomarcellusshale.com/profile/adamsorell493
<p>no it was 1.3 on the lease contract.when is asked them about it they said im welcome to get another survery done and submit it. i have another lease with them for 8acres but on the lease its only 7.3acres or something.. i got the first check in December its was for $685 and that was all September too. ill post that one tomorrow. </p>
<p>no it was 1.3 on the lease contract.when is asked them about it they said im welcome to get another survery done and submit it. i have another lease with them for 8acres but on the lease its only 7.3acres or something.. i got the first check in December its was for $685 and that was all September too. ill post that one tomorrow. </p> So, this isn't my statement…tag:gomarcellusshale.com,2021-01-12:2274639:Comment:8605122021-01-12T02:25:31.310ZHilltopHomehttps://gomarcellusshale.com/profile/HillTopHome
<p> So, this isn't my statement, but my own Excel sheet (created from first statement information) that is laid out easier for me to understand. I excluded some of their info that wasn't of interest to me, and added some calculations ($ per acre, averages) that were of more interest. We're fortunate to have had a fairly large parcel leased (about 40 ac), bigger than some, smaller than others; especially some farm/land owners that have been in the area for generations. We leased at 20% and no…</p>
<p> So, this isn't my statement, but my own Excel sheet (created from first statement information) that is laid out easier for me to understand. I excluded some of their info that wasn't of interest to me, and added some calculations ($ per acre, averages) that were of more interest. We're fortunate to have had a fairly large parcel leased (about 40 ac), bigger than some, smaller than others; especially some farm/land owners that have been in the area for generations. We leased at 20% and no deductions. This is for the first 3 months, 2 well heads, and each well head is owned in part by either Eclipse or Triad (though they're really all the same now, Southwestern Energy). As I mentioned earlier, I averaged the gas prices; Eclipse had a portion of each well head production at one price, and the rest at another price (spot and futures pricing I'm guessing). Triad had only one price per month however, applied to both well heads. I left off the operators gross value of the production as well as their larger severance tax portion, not relevant to me, but kept the overall production amount per well head.</p>
<p> As you would expect, we were thrilled at the amount received, which hopefully will increase further, at least this winter, if NG prices trend upwards. I understand land owners being nervous about putting out financial info on the web, and I'm keeping my own a bit vague; however I've been coming on these forums occasionally for several years now myself looking for tidbits to let me know how much we MIGHT expect once drilled. I think it only fair that I add to the discussion and share with others that are curious and not yet leased or drilled themselves.</p> Don't know about the survey…tag:gomarcellusshale.com,2021-01-12:2274639:Comment:8605952021-01-12T02:03:14.278ZHilltopHomehttps://gomarcellusshale.com/profile/HillTopHome
<p> Don't know about the survey, but with more accurate technology nowadays, I wouldn't be surprised if their calculation of acreage was off a bit from what your deed says, it is on my lease/statement vs deed. Also, maybe, your parcel isn't 100% inside the unit; maybe a corner or such is outside the unit boundary and therefore they're paying for a little less than your full parcel? You'd have to look at a detailed unit map to know that. You should probably have gotten that with the application…</p>
<p> Don't know about the survey, but with more accurate technology nowadays, I wouldn't be surprised if their calculation of acreage was off a bit from what your deed says, it is on my lease/statement vs deed. Also, maybe, your parcel isn't 100% inside the unit; maybe a corner or such is outside the unit boundary and therefore they're paying for a little less than your full parcel? You'd have to look at a detailed unit map to know that. You should probably have gotten that with the application for unitization paperwork that the driller filed with the state before drilling began, assuming you were provided a copy.</p>
<p> As for the statement, that looks like 2 months to me (Sept. Oct) but I could be wrong. They don't make these statements very user-friendly it appears, mine has the same info but it is laid out differently, and still confusing. If that is for 1.3 acres as you say, and presuming 2 months production; that net $1,572.43 check translates to $604.78 acre/month (correct me if I'm wrong). Looks like you got a little better price on the gas than I did, $1.94 & $2.25. Hopefully we'll all see that go up through the winter month statements.</p>