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INVICTUS's Discussions

Royalty Statements - A question for Chesapeake Leaseholders

Started this discussion. Last reply by 0ym9x5ag7ury2 Apr 4, 2015. 2 Replies

If you speak with your neighbors in your unit regarding the unit's gross production & pricing reporting on royalty statements, are you finding slight differences, large differences between these…Continue

ODNR revokes drilling permit for Everflow well in Massillon (Ohio) - Canton Repository

Started this discussion. Last reply by pg guy Feb 28, 2014. 2 Replies

This is a typical vertical well but the fact that ODNR states that the driller falsified the applicationthus causing its permit revocation may signal a change in the rubber-stamp forced - pooling…Continue

This is what comes out of gas wells: We should know how to price these constituents in order to audit our royalty checks.

Started this discussion. Last reply by Philip Thackray Feb 27, 2014. 1 Reply

Three basic things we will need to know:WHAT is coming out;HOW much volume is coming out;What price was paid for it when it came out.The customer(s) buying products from the O/G companies are buying…Continue

Pipeline Companies - Hard bargaining vs. Illegal Behavior

Started this discussion. Last reply by Jason Grecco Jan 21, 2014. 1 Reply

I would like to see a serious discussion concerning pipeline companies and their methods of operations was they contract or attempt to contract with landowners for permanent easements.What…Continue

Tags: Pipelines

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INVICTUS's Page

Latest Activity

INVICTUS replied to Zack Jameson's discussion 'My big drop in royalty check'
"Lawsuit settlements, by their nature, are generally subject to non-disclosure language. Further, when interviewing with a variety of firms a lead plaintiff, it was made clear to me that the O/G producer would attempt direct contact with me…"
Apr 10, 2016
INVICTUS replied to Zack Jameson's discussion 'My big drop in royalty check'
"The pipeline folks have renegotiated with CHK, I wonder if this was a reason, all of my royalties have been adjusted upwards since we went into production. Again, I'm asking...did anyone in the KWGD group see this in their March…"
Apr 8, 2016
INVICTUS replied to Zack Jameson's discussion 'My big drop in royalty check'
"Ron, I still own all my mineral rights, so I don't know what you are talking about. Your tone is getting a little weird, even by my pathetic standards, so let's reflect a bit before posting and cool it a bit, ok? Some of your statements…"
Apr 8, 2016
INVICTUS replied to Zack Jameson's discussion 'When filing taxes.....is there such a thing as "damages" ?'
"That is a good argument. Unfortunately, if the potential Row lessee takes you to court. they'll ask a judge for, and the judge will grant an appraisal of the property as it stands today, it's valuation having nothing to do with what…"
Apr 5, 2016
INVICTUS replied to Zack Jameson's discussion 'My big drop in royalty check'
"Sell the rights. Time to move on."
Apr 5, 2016
INVICTUS replied to Zack Jameson's discussion 'When filing taxes.....is there such a thing as "damages" ?'
"Fair enough. Read my last paragraph. We had substantial crop tree damage as well as permanent loss of use for the affected area. And attorney/tax accountant fees (as a reimbursement) and ANY other expense directly associated with that agreement.…"
Apr 4, 2016
INVICTUS replied to Zack Jameson's discussion 'My big drop in royalty check'
"Agree that the craziness may be over. The huge bonus payments we saw were, in part, the exuberance exhibited by folks like Aubrey McClendon will be tempered by the next go around, followed by the fact that much land is HBP. However, it IS coming…"
Apr 4, 2016
INVICTUS replied to Zack Jameson's discussion 'When filing taxes.....is there such a thing as "damages" ?'
"Zack, damages are not income. Income is taxable. Damages are not because they are not income. Read the Law. Start with the IRS publications regarding damages and property basis. not an easy read but good tax people know where to find this. This…"
Apr 4, 2016
INVICTUS replied to Zack Jameson's discussion 'My big drop in royalty check'
"Completely disagree with your assessment: None of it was helpful. Folks are looking for straight answers and a little bit of handholding, that's all."
Apr 4, 2016
INVICTUS replied to Zack Jameson's discussion 'My big drop in royalty check'
"No, It's also real. But there was much hyperbole and sales BS. Treat it like a business. Do the hard work of thinking about it, learning about it, and not just cashing the check or treating it like found money. The O/G people are now our…"
Apr 4, 2016
INVICTUS replied to Zack Jameson's discussion 'When filing taxes.....is there such a thing as "damages" ?'
"Please don't take the tone of this response as too abrupt, however: Hire professionals who know what they are doing and have demonstrable experience in doing it. You get what you pay for. My advice on the above is solid and tested, and…"
Apr 4, 2016
INVICTUS replied to Zack Jameson's discussion 'When filing taxes.....is there such a thing as "damages" ?'
"It starts on how you negotiated the ROW in the beginning. If you negotiated this issue upfront, you would've asked for any compensation to be paid as damages and any remaining portion as ordinary income. Any decent tax pro already knows this,…"
Apr 3, 2016
INVICTUS replied to Zack Jameson's discussion 'My big drop in royalty check'
"I'm afraid I have to agree with you. I am personally disappointed in Mr. Kasich for his failure to at least offer some legal defenses for individual landholder regarding their surface and subsurface mineral rights. Republicans are supposed to…"
Mar 31, 2016

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All Shale Plays

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At 9:52am on February 17, 2014, Mark McGrail said…

I live in, and own land in Trumbull County.

Mark

 
 
 

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Andrew “Corruptocrat” Cuomo Gives CPV the Heisman for Betrayal of “Brother” Percoco?

Posted by Thomas J Shepstone on August 11, 2018 at 9:46am 0 Comments

Natural Gas NOW readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added.

Mob boss…

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