Ken A
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  • Chicora, PA
  • United States
  • Landowner
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Has anyone else noticed all the deductions on their XTO payment?

Started this discussion. Last reply by Ken A Mar 6. 12 Replies

My normal deductions for the past 3 years averaged about 7-8% of gross proceeds.  January payment was over 34%!  Several calls to "revenue" and they do not call me back with an answer.  Just…Continue

XTO has changed their payment dates and owner/customer numbers

Started this discussion. Last reply by Ken A Jan 25. 2 Replies

Hello Group!I contacted XTO today to see why I hadn't received my normal monthly payment.  I usually receive my oil payment between the 18th and 20th of the month.  Looks like payments will be…Continue

Who transports the gas from the well head to the processor on the Clouse Unit?

Started this discussion. Last reply by James Oct 1, 2015. 1 Reply

Just curious because I thought Mountain Gathering did this.  Anyone know ?  Thanks.KenContinue

Are you receiving royalties yet? If so, I have a question for you.....

Started this discussion. Last reply by Philip Thackray Aug 12, 2015. 8 Replies

Perhaps a knowledgeable reader can answer my question:After a well starts producing inline/online, how long is it before you begin to receive royalty checks?The production unit I'm in went…Continue

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Ken A replied to Ken A's discussion 'Has anyone else noticed all the deductions on their XTO payment?'
"Yes, my decimal was reduced just a bit.  That's because they added another acre to the production unit which is allowed according to my lease."
Mar 6
Ken A replied to Ken A's discussion 'Has anyone else noticed all the deductions on their XTO payment?'
"*UPDATE*  Spoke with another landowner in the Clouse unit.  In their check for February XTO also took out too many deductions!  They took over 30% in deductions for both months when it should only have been 7 or 8 %. "
Mar 6
Ken A replied to Ken A's discussion 'Has anyone else noticed all the deductions on their XTO payment?'
"Yes, I did receive new division papers. I am also in the Clouse unit. The reason for new orders being is they added about an acre to the production unit.  As of 2 days ago, there is no new addendum recorded at the…"
Mar 6
Jerod Karenbauer replied to Ken A's discussion 'Has anyone else noticed all the deductions on their XTO payment?'
"I am in the Clouse unit. Did your decimal # change to?"
Mar 6
GM replied to Ken A's discussion 'Has anyone else noticed all the deductions on their XTO payment?'
"I did, which well unit are you guys in?"
Mar 6
Jerod Karenbauer replied to Ken A's discussion 'Has anyone else noticed all the deductions on their XTO payment?'
"Have you received new division papers and a new decimal number?"
Mar 6
Ken A and Jerod Karenbauer are now friends
Mar 5
Jerod Karenbauer replied to Ken A's discussion 'Has anyone else noticed all the deductions on their XTO payment?'
"Thank you for the information!"
Feb 21
Ken A replied to Ken A's discussion 'Has anyone else noticed all the deductions on their XTO payment?'
"**UPDATE*   My weekly call was made to XTO to find out what's going on with the unauthorized royalty deductions.  I finally spoke with someone who shed some light.  They are aware of the problem with…"
Feb 20
Ken A replied to Ken A's discussion 'Has anyone else noticed all the deductions on their XTO payment?'
"I'm due to call them this Wednesday.  If I hear anything worthwhile I'll post it.  I'm hoping I will see a correction in my check at the end of the month, but I'm not holding my breath.  My lease reads that if I…"
Feb 18
GM replied to Ken A's discussion 'Has anyone else noticed all the deductions on their XTO payment?'
"Get any response Ken? I'm waiting on a response as well."
Feb 18
Ken A replied to Ken A's discussion 'Has anyone else noticed all the deductions on their XTO payment?'
"Good luck getting a response.  My first contact was January 29th and they haven't responded back yet.  First I was told by the end of the week.  Next call 7 to 10 business days.  My last call I was told to be patient, they…"
Feb 14
Jerod Karenbauer replied to Ken A's discussion 'Has anyone else noticed all the deductions on their XTO payment?'
"Ken, I have also had deductions taken out that should not have been. I called and they said it maybe due to their new system and they would be checking into it and I would get an e-mail with their results.  Well, that was Feb. 1 and I have not…"
Feb 14
Ken A posted a discussion

Has anyone else noticed all the deductions on their XTO payment?

My normal deductions for the past 3 years averaged about 7-8% of gross proceeds.  January payment was over 34%!  Several calls to "revenue" and they do not call me back with an answer.  Just wondering if anyone else is experiencing this.See More
Feb 12
Larry Waitz promoted Ken A's discussion XTO has changed their payment dates and owner/customer numbers
Jan 29
Ken A replied to Ken A's discussion 'XTO has changed their payment dates and owner/customer numbers'
"Yes, it stipulates that the payment must be made no later than the last day of the month.  It's about 5 days later than they have paid in the last 3 years.  Actually, many times the money was deposited in my account a few days earlier…"
Jan 25

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Introduce Yourself
Got a blind solictation card in the mail, landman left a card in my front door and never followed up.
What is your role?
Landowner
Which state(s) are you following?
Pennsylvania

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