Chesapeake Royalty Deductions
Just curious how much Chesapeake is deducting on royalties in NE PA now that all the lawsuits have been settled and they emerged from bankruptcy and bought Chief.
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Chesapeake Royalty Deductions
Started Aug 4 0 Replies 0 Likes
Just curious how much Chesapeake is deducting on royalties in NE PA now that all the lawsuits have been settled and they emerged from bankruptcy and bought Chief.
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Toytown replied to Kathi Albertson's discussion 'How many acres in current drilling units'"Most of the units in NE PA have a max of 640 acres. A lot are smaller. But what the drillers do now is drill 10,000 foot laterals and go through 2 or 3 units and pay out proportionately."
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