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SURE Lease Ad Valorum Tax: Getting Chesapeake to Pay

Started this discussion. Last reply by 0ym9x5ag7ury2 May 11, 2016. 44 Replies

The SURE lease states that CHK is responsible for paying the Ad Valorum Tax bill that was recently received. What steps are you taking to make sure that CHK pays the bill?  I was told by the Carroll…Continue

Tags: CHK, Treasurer, Carroll, County, REX

How do you lose 3000 Barrels of Oil?

Started this discussion. Last reply by Paul Martinelli Aug 11, 2014. 34 Replies

Frequently on revenue checks you will see a negative production volume for a prior month followed by a positive production volume for the same amount/same time period.  It looks like this on a…Continue

Tags: Adjustment, audit, Decline, Production, Royalty

Net vs. Gross Royalty calculations

Started this discussion. Last reply by Cheryl Nov 8, 2012. 4 Replies

When using the various royalty calculators is there an "average" amount or percentage to deduct for a net lease?  When I'm calculating potential royalties for someone who has a net lease, their…Continue

Tags: deductions, percentage, expense, gross, royalties

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Forgotten Men and Women of Canadian Energy Industry Protest

Posted by Thomas J Shepstone on January 4, 2019 at 10:37am 0 Comments

The forgotten men and women of the Canadian energy industry are mad as hell and not taking it anymore. They’re protesting in their trucks and it’s spreading.

Whenever I go to New York City, which is as seldom as…



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