"When you sign one lease with multiple tracts and townships, that lease will hold all. You should have signed 2 separate leases. Now the one tract of land is holding the other as a HPB, held by production. it sucks and operators get away with…"
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Signed lease on 2 different properties
Started this discussion. Last reply by Joe C. Mar 29. 1 Reply 0 Likes
Same county but located in different townships. Lease expiresthis year but Ascent claims it doesnt because we have one that is producing.. How can that be they are not connected.ThanksContinue
Royalties dropping off cliff
Started Apr 5, 2022 0 Replies 0 Likes
In early 2nd year of royalties. It was warm in December figured. January check would be higher but its half amount of December. Do these wells drop off that that quick? Before the first year even…Continue
Royalties dropping off cliff
Started Apr 5, 2022 0 Replies 0 Likes
In early 2nd year of royalties. It was warm in December figured. January check would be higher but its half amount of December. Do these wells drop off that that quick? Before the first year even…Continue
Royalties dropping off cliff
Started this discussion. Last reply by Pumpkin Farmer Apr 7, 2022. 11 Replies 1 Like
In early 2nd year of royalties. It was warm in December figured. January check would be higher but its half amount of December. Do these wells drop off that that quick? Before the first year even…Continue
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adam sorell posted a discussionSigned lease on 2 different properties
Same county but located in different townships. Lease expiresthis year but Ascent claims it doesnt because we have one that is producing.. How can that be they are not connected.ThanksSee More
Pumpkin Farmer replied to adam sorell's discussion 'Royalties dropping off cliff'"Is there a newer well nearby that could have impacted the production?"
Joe C. replied to adam sorell's discussion 'Royalties dropping off cliff'"Do you have a net lease or Gross? If net, is the operator taking more post production cost out? Were the wells shut in fo any reason? These are questions you need to ask the operator. Without seeing statements, it will be hard…"
adam sorell replied to adam sorell's discussion 'Royalties dropping off cliff'"Im not challenging the price per mcf. Im shocked at the 75% decline in volume in only one year. Unless well had problemsand was offline for a few weeks. If it wasnt a glitch this well is a loss."
paleface replied to adam sorell's discussion 'Royalties dropping off cliff'"Middlebury to Chatham Townships Tioga Co. were PAID $3.00 an MCF.."
adam sorell replied to adam sorell's discussion 'Royalties dropping off cliff'"75% decrease on volume from jan 2021 to jan 2022. That dont seem right"
adam sorell replied to adam sorell's discussion 'Royalties dropping off cliff'"Never tried to figure out statement .trying now.
How come there are two different decimal disbursement numbers? Isnt that my portion of the unit? Number should not change.what am i missing?"
adam sorell replied to adam sorell's discussion 'Royalties dropping off cliff'"Under column GMI ITS $4.23/1.00. I guess itsat $4.23 per mcf. henry hub today is $6.33. I have to find earlier statement to check volume. Would they be choking well bsck for any reason?"
paleface replied to adam sorell's discussion 'Royalties dropping off cliff'"Seneca (412-548-2566 ) Seneca ( 412-548-2559 ) The MCF they are paying is where the problem is."
Nancy Mosley replied to adam sorell's discussion 'Royalties dropping off cliff'"Maybe it was hedging. I haven't analyzed my recent check, which also includes Jan 22, but it is less than the previous one. Agreed."
adam sorell replied to adam sorell's discussion 'Royalties dropping off cliff'"Yes. I just got January check today.figured with ng prices ripping and weather gettung colder my jan would be higher than december not 45% less!"
Nancy Mosley replied to adam sorell's discussion 'Royalties dropping off cliff'"Wells do drop off a lot after the first year or two.
Generally, royalty checks are for production more than a month before, so not reflecting what is happening right now.
And, some companies hedged their prices (I only sort of understand) so the…"
adam sorell replied to Jeff Kerr's discussion 'price per mcf for Feb 2021'"Im with ascent got $4.09 for feb ng"
adam sorell replied to Corvette's discussion 'Ascent'"where is it? If its only for 1 year it means they intend to drill soon. Hope its Bellaire"
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- Landowner
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- Ohio
- What shale plays do you follow?
- Utica
Adam sorell's Blog
EOU GROUP
Posted on November 3, 2013 at 11:54am 0 Comments 0 Likes
there a sign in Bridgeport $6800 and 20% royalty
Judge Davies is involved in it.
eougroup.com.
Sorry for other post couldn't figure out how to post a new topic
Comment Wall (1 comment)
- At 11:59pm on April 22, 2014, ronald cunningham said…
hi adam I singed up in Bridgeport oh 9.29 13 eou shale group. it was recorded 2.24. 14 haven't heard a damn thing from great river.at least 210 days since I singed.do you own property in Belmont county?
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EDWARD DULL replied to Ohio's discussion 'Lease offers Guernsey county Ohio' in the group Guernsey County, OHEDWARD DULL replied to Ohio's discussion 'Lease offers Guernsey county Ohio' in the group Guernsey County, OH
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