Replies to This Discussion

Permalink Reply by Beth on October 2, 2019 at 11:48pm

There is so much that comes into play.
Your lease terms will determine how much your royalty payments will be.
Also is there already a producing well? Is there a well pad being drilled or fracked? That will give you an idea of the timeframe that you will receive payment.

The wvdep website has a lot of great information.(active well, well location, production reports, etc...)

You can look up online the amount a well is producing, look at your percentages in the unit, and your lease terms to figure out your royalty payments. I believe you can find the unit information on the Tyler county courthouse website
Hope that helps you get started.

Permalink Reply by Gregory A Horner on October 8, 2019 at 6:17am

Ok so here is the latest news i have. CNX called me this morning to inform me that they didn't know anything about a lease i had already signed and notarized  which i had aent them over a year ago. Apparently the landsman of mine got fired and someone else took over.. She was very friendly and more helpful than anyone I have spoke with at CNX.. Since they lost my paperwork and  only 2 of us four siblings were paid for that lease are they in default of their promised lease payment to the other two of us never were paid? I have no idea and CNX dont either. They have contacted me on sever occasions telling me that they found more interest that i have on all these really small.. i would think small to me but i i don't Know.  Point being why wouldn't they have found it all at one time when i signed the affidavit of heirship. Why only pay some people that signed the same lease and not follow through with their agreement.  Last i heard from the landman that was canned was they didnt need the leasew ror any of my intrest, although i have several . Who knows whats goung on. They cant ever provided a clear answer.

Permalink Reply by patricia nye on August 4, 2022 at 10:27am

Why is there no current information on $ per acre, royalties, and names of oil companies?

Permalink Reply by Nancy Mosley on August 4, 2022 at 10:47am

There has been little activity in many counties until the last several months. I haven't seen anything for this district for awhile. Maybe they have leased what they want and are planning the drilling. Probably Antero is active in this area.

Permalink Reply by patricia nye on August 5, 2022 at 11:30am

Thanks for getting back to me!