Kathryn Ware
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Kathryn Ware's Discussions

Deductions by Encinco

Started this discussion. Last reply by Randy on Thursday. 19 Replies

Is anybody noticing the deductions by Encinco. In addition to some taxes they are now deducting for “production costs”. When asked she said all leases are being reviewed and after that, the…Continue

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Randy replied to Kathryn Ware's discussion 'Deductions by Encinco'
"I can't help but wonder just how diligent the Encino's acquisition team drilled down (pun) into CHK lease compliance, as it ties back into revenues/expenses/income ?"
Thursday
Randy replied to Kathryn Ware's discussion 'Deductions by Encinco'
"I hear ya.  As stated I have only a few acres, but have significantly more in a unit about to come on line within a month or so.  Thus my heightened interest and ongoing relationship with KWGD.  ChK was significantly lesssssss…"
Thursday
Inchworm antenna replied to Kathryn Ware's discussion 'Deductions by Encinco'
"Encheato?"
Thursday
Mark Cawthorne replied to Kathryn Ware's discussion 'Deductions by Encinco'
"I have over 80 acres in 3 wells and it sounds like the Total money is the same as yours-nothing. I think the Encino payment is lower then CHK, but I didn't see the actual deductions on the CHK check and nat. gas is pretty low right…"
Thursday
Randy replied to Kathryn Ware's discussion 'Deductions by Encinco'
"Mark, Same here.  No Total check at all last month.  Previous month was only a few dollars after deductions, but I only have a few acres in an existing unit.  My lease was developed by KWGD group over in Canton, Oh.  I recently…"
Thursday
bo boboski replied to Kathryn Ware's discussion 'Deductions by Encinco'
"Encino; could that be Chesapeake under a new name, finding a way to take even more deductions? Who know what goes on behind the scenes when $ is involved!"
Thursday
Mark Cawthorne replied to Kathryn Ware's discussion 'Deductions by Encinco'
"When mine switched to Encino (gross, but calculated at wellhead unfortunately) the O&G unit rates seem ok , but looks like higher post production costs. CHK was about $1.25-$1.36 production costs. On the Total…"
Thursday
Shower Bath replied to Kathryn Ware's discussion 'Deductions by Encinco'
"I thought TOTAL sold their 25% interest to Encino at the same time Chesapeake sold their interests."
Jul 6
Jeffrey Beunier replied to Kathryn Ware's discussion 'Deductions by Encinco'
"Total USA - https://us.total.com/home/media-us TOTAL PLAZA 1201 Louisiana Street Suite 1800 Houston, Texas 77002 Tel:713-483-5000"
Jul 6
Jeffrey Beunier replied to Kathryn Ware's discussion 'Deductions by Encinco'
"ENCINO is Houston based, Encana is Canadian"
Jul 6
AJ replied to Kathryn Ware's discussion 'Deductions by Encinco'
"Also, If you are one of the wells that TEP USA owns a piece of , good luck. They are seem to be taking very large deductions. And the check detail for direct deposit is not available. And we have not found any contact for the company, anywhere. The…"
Jul 5
Kathryn Ware replied to Kathryn Ware's discussion 'Deductions by Encinco'
"Thanks so much. Will do that and see what response I get"
Jun 28
Cynthia Cook replied to Kathryn Ware's discussion 'Deductions by Encinco'
"We also have a gross lease and our first Encino check had the same deductions.  I called Encino HQ in Houston on Monday and left a voicemail for the COO, Ray Walker, informing him that Breach of Contract was no way to start off a successful…"
Jun 27
Inchworm antenna replied to Kathryn Ware's discussion 'Deductions by Encinco'
"Funding Canadian socialism?"
Jun 26
Randy replied to Kathryn Ware's discussion 'Deductions by Encinco'
"I prefer Encino's transparency myself, as it relates to a potential legal challenges for violation of the lease agreement language. "
Jun 26
Kathryn Ware replied to Kathryn Ware's discussion 'Deductions by Encinco'
"I agree at least you see the deduction"
Jun 26

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Trying to learn about leasing
What is your role?
Landowner
Which state(s) are you following?
Ohio
What shale plays do you follow?
Utica

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