"I was just told that "TRN3" means transportation to get a better price. This is supposed to be allowed under the Market Enhancement type clause.
The "PRC2" is a charge for gas which contains natural gas liquids where they take…"
"Many businesses are adding plexiglass and other types of clear plastic shields to protect workers from customers. I heard a news article recently that a company that manufactures this type of thing is swamped with orders, and has orders that…"
"Any thoughts about how the new need for plexiglass shields to protect workers against COVID 19 increase need for the natural gas liquid products? I probably don't have all the terminology correct here."
"I also live in NC but have been able to learn a lot from the internet, as well as having been able to visit the county where my ancestors lived and where the minerals are, which I inherited.
Here is the link to the West Virginia Office of Oil and…"
"I know that several of the companies have been trying to buy mineral rights. Also, Antero's drilling (or at least new permits) in Tyler have been in the Ellsworth area. It is probably an overall savings of money for them to buy your minerals…"
"The wells had not been drilled yet but one set (8 permits for that well pad) were from 2015, cancelled Jan 2020 and re-permitted this June. The other set was from 2018 and just now being approved. That does not mean they will drill immediately but…"
"Assignments should be recorded at the courthouse. May be some delay. As I understand it, unless your lease says so, the company is not required to notify the lessor of an assignment. I am using "assignment" to mean the transferring…"
"My two experiences had different circumstances. Triad restructured and was sold (very sketchy on details) and Postrock was just plain sold but both times they (lawyers) sent lots of paperwork about it, updates etc, assuring that our royalty payments…"
"I have wells owned by companies that have gone bankrupt (Triad, Postrock come to mind). The royalty payment is one of the top priorites to be paid. As I remember, there was no or little disruption in payment. However, I remember talk from my parents…"
"Not Nick, but for permits you can go to the WV Office of Oil and Gas website Permit search WV Permits search and use Brooke for the county and pick a recent date.
For more information if you have an API number: go to the WV Office of Oil and Gas…"
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