Started this discussion. Last reply by Pole Cat Jul 25, 2023. 2 Replies 0 Likes
For those of you receiving Royalties on Oil & Gas Production in Ohio do the Producers deduct the taxes from your Royalties and pay Ohio the Severance Tax and Your Local Township the Ad Valorem on…Continue
Started this discussion. Last reply by David Cain Jun 8, 2022. 17 Replies 2 Likes
Has anyone approached you to lease your oil and gas rights in Southeastern Tuscarawas?If you would rather Friend me please do so .ThanksContinue
Started this discussion. Last reply by Dott Oct 14, 2021. 2 Replies 0 Likes
Does anyone know about or have signed a lease with Ironhead Resources ?Continue
Started this discussion. Last reply by Frank J Moll Sep 29, 2021. 4 Replies 0 Likes
What is the signing bonus and royalty percentage (without deduction) in leases being signed now a days?I have kept up with what has been going on with Oil and Gas in General, anyone is lucky to get…Continue
Dott has not received any gifts yet
Not sure how to contact private. But I did find your friend request.
Hello Dott,
I don't recall off hand who you leased with or where your property is. Our well went on line in March of 2016, at that time oil was really low and our first royalty check was $750 an acre per month.
Our last check has an error which I haven't addressed yet but the previous check was for 3 months at over $9000 for 12.5 acres.
I wouldn't put any stock into people trying to tell you that they can calculate your future royalties, they cannot, there are just far too many unknowns and far too many unpredictable parts of the equation.
Go Marcellus is a fine site but there is far more effort to convince people to sell their royalties than I am comfortable with.
As far as your royalties go for the most part you will have to trust the producers, they are probably going to be less than totally fair with you but it is very difficult to prove they are fraudulently shorting you.
I will be happy to try to answer any questions you have if I can, I wont pretend to know things I dont know about.
Hope some of this helps,
David
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