Gross Royalties at the Wellhead in WV

Hi guys,

I live in Hancock County and have an old lease with "at the wellhead" language in it.  West Virginia is supposed to be a "first marketable product" state in terms of receiving royalties.  So, the old leases that state we are to receive a 1/8th royalty at the wellhead of all hydrocarbons produced means that there should be no deductions taken out of our royalties whatsoever and that we get 1/8th of the amount received at the point of sale.

Are Chesapeake and other operators paying true gross royalties as they are supposed to under WV law in your neck of the woods?

Thanks, Todd

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Replies to This Discussion

Permalink Reply by Aaron on April 15, 2014 at 4:18pm

What Chevron lease is this?  Where is it located in Marshall?

Permalink Reply by Todd on May 5, 2014 at 4:26pm

What are the prices per mcf that you guys are being paid in Marshall County?  Please list the month, price and company if you could.

Thanks for your help,

Todd

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