Kevin Riddle
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Nancy Mosley replied to Kevin Riddle's discussion 'Division Order' in the group Ritchie County, WV
"Ah, gee, that's a sweet thing to say! And, I have had to resort to challenging an division order. Some kind soul told me about the NADOA group and their model form. Handy to have "just in case"!"
Jun 29, 2016
WV Mineral Owner replied to Kevin Riddle's discussion 'Division Order' in the group Ritchie County, WV
"Nancy, It is official, you are the Queen of Information & Helpful Links.  :)"
Jun 29, 2016
Nancy Mosley replied to Kevin Riddle's discussion 'Division Order' in the group Ritchie County, WV
"Here is a link to the National Association of Division Order Analysts model form You can compare what you get with this, and if there is anything of substance different, you might submit this form instead. I read that people do that sometimes."
Jun 29, 2016
David replied to Kevin Riddle's discussion 'Division Order' in the group Ritchie County, WV
"There could be one missing step in the above equation. The formula works if all of the owners lease acres are in the unit . So for example if the owners lease is for 100 acres and only 70 are in you must divide 70 by 100 as your starting point."
Jun 29, 2016
Nancy Mosley replied to Kevin Riddle's discussion 'Division Order' in the group Ritchie County, WV
"Yes very true, thanks Kyle!"
Jun 28, 2016
WV Mineral Owner replied to Kevin Riddle's discussion 'Division Order' in the group Ritchie County, WV
"Kevin, The 'typical' formula for a Division Order of a unitized parcel is... MI  x  RI  x  Tract Factor = Decimal MI = Mineral Interest (1/2 Ownership of a parcel)RI =  Royalty Interest (15% Lease royalty)TF =…"
Jun 28, 2016
WV Mineral Owner replied to Kevin Riddle's discussion 'Division Order' in the group Ritchie County, WV
"Excellent point Kyle!"
Jun 28, 2016
Kyle Nuttall replied to Kevin Riddle's discussion 'Division Order' in the group Ritchie County, WV
"In general, just make sure there isn't anything in the D.O. that modifies the terms of the lease.  They usually say that you "certify" that you own x.xxxxxx in the unit.  I don't like anything that sounds like a…"
Jun 28, 2016
Kevin Riddle replied to Kevin Riddle's discussion 'Division Order' in the group Ritchie County, WV
"Thanks Nancy."
Jun 28, 2016
Kevin Riddle replied to Kevin Riddle's discussion 'Division Order' in the group Ritchie County, WV
"I haven't received the division order yet but when I'm certain I'll let you know. Thanks"
Jun 28, 2016
Nancy Mosley replied to Kevin Riddle's discussion 'Division Order' in the group Ritchie County, WV
"Hi Kevin, In general the division order should show your % of the total revenue. As I understand it, the calculation is 1) divide your acres in the unit by total acres in the unit 2) multiply that by your interest in the oil and gas (if you own all…"
Jun 27, 2016
WV Mineral Owner replied to Kevin Riddle's discussion 'Division Order' in the group Ritchie County, WV
"Kevin, If you can provide me with the Unit Name and what name the Division Order is under, I will pull the Declaration Of Pooling from Ritchie County and see what I can learn for you."
Jun 27, 2016
Kevin Riddle added a discussion to the group Ritchie County, WV
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Division Order

I'm trying to understand what the Division Order is for and things to look out for to make sure everything is in line to what it should be.  My current understanding is it verifies your acres in the unit and you net acres within the unit.  I just don't want to miss anything so any info is appreciated.See More
Jun 27, 2016
Kyle Nuttall and Kevin Riddle are now friends
Jul 21, 2014
Kevin Riddle commented on Keith Mauck (Site Publisher)'s group 'Ritchie County, WV'
"Anyone having any contact with EQT and what is your experiences?"
Jul 23, 2012

Profile Information

Which state(s) are you following?
West Virginia
What shale plays do you follow?
Marcellus, Utica

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