Royalty deductions by EQT

I just got my newest statement and royalty check from EQT to include 12 new wells in Morris County. They are now deducting over "31%" from the Royalty. Standard in the industry and in the past wells I have, was 1/8th or 12.5%     I havent had any response from EQT about the HUGH increase in deductions yet . Anyone else under EQT have a similarly high deduction ? ? ? ? 

Dudley

Views: 1207

Replies to This Discussion

Permalink Reply by James Lindstrom on August 21, 2017 at 7:23am

Interesting. I'm leased with EQT in Center Township and drilling is under way. Did you get any clarification from EQT on the deductions?

Permalink Reply by RGB on November 23, 2017 at 2:46am

any interest in selling? 

Permalink Reply by James Lindstrom on November 24, 2017 at 12:14am

Thought of it. Gotten a couple of offers. Nothing I felt was reasonable. Especially when you figure taxes will eat almost 45%.

Permalink Reply by JJ Rendina on November 11, 2018 at 5:27am

It is likely that a properly structured sale would be taxed, depending on your income, at the capital gains rate of 15-20%. In the context of this discussion, would you share the company and deductions you're dealing with? Thanks, JJ www.linkedin.com/in/jjrendina

Permalink Reply by Ted J. C. on June 2, 2018 at 9:39am

What addendums do you have in your lease with eqt? if you look closely at the lease it will spell out whether you have any legal language to protect you from increased deductions etc.

Permalink Reply by Ted J. C. on August 27, 2018 at 11:36am

There is a company that is paying 12,500 to buy gas and oil minerals only CP Royalties

Permalink Reply by Jeff Kerr on September 16, 2019 at 8:39am

Ted J. C. DO YOU HAVE A PH. NO. for cp royalties 

Permalink Reply by Jeff Kerr on September 16, 2019 at 8:36am

EQT AROUND 27 TO 32 % ON MY PAY STUBS   

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service