Dott
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CHEVRON BIDS FOR ANADARKO

Started Apr 16 0 Replies

In the end someone else may ultimately buy Anadarko in a bidding war  but I think this explains why Chevron has not drilled some of their leased property in Ohio.  I think they were saving their…Continue

Ohio Supreme Court Clarifies Ohio Marketable Title Act

Started this discussion. Last reply by K2 Dec 20, 2018. 1 Reply

Supreme Court of Ohio Clarifies Ohio Marketable Title ActBY …Continue

ASCENT RESOURCES 1.5 BILLION BUYING SPREE BUILDS UTICA GIANT

Started Jul 23, 2018 0 Replies

Ascent Resources LLC said June 29 it made multiple Utica acquisitions totaling $1.5 billion set to make the Utica pure-play founded by the late U.S. shale pioneer Aubrey McClendon one of the largest…Continue

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Latest Activity

Dott replied to deutchen's discussion 'average royalties / acre?'
"I assume these monthly totals are before all of the deductions are taken out of the check correct?"
May 9
Dott posted a discussion

CHEVRON BIDS FOR ANADARKO

In the end someone else may ultimately buy Anadarko in a bidding war  but I think this explains why Chevron has not drilled some of their leased property in Ohio.  I think they were saving their capital for this bid and maybe if it goes through they will go in another direction and not drill some of their currently leased property. Anyone have any thoughts?Last week Chevron sent ripples through the oil industry by agreeing to buy Anadarko in the sixth-largest oil and gas deal in…See More
Apr 16
Dott replied to shakeshale's discussion 'Permian Natural Gas selling at Negative $2.50 per MCF'
"I have read some threads in the past of people complaining that the producers deducted money from their checks for just this very thing. They ended up owing not collecting."
Apr 8

Profile Information

What is your role?
Landowner
Which state(s) are you following?
Pennsylvania, Ohio
What shale plays do you follow?
Marcellus, Utica

Comment Wall (1 comment)

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At 7:56pm on December 7, 2017, David Allen Lilly said…

Hello Dott,

I don't recall off hand who you leased with or where your property is. Our well went on line in March of 2016, at that time oil was really low and our first royalty check was $750 an acre per month.

Our last check has an error which I haven't addressed yet but the previous check was for 3 months at over $9000 for 12.5 acres.

I wouldn't put any stock into people trying to tell you that they can calculate your future royalties, they cannot, there are just far too many unknowns and far too many unpredictable parts of the equation.

Go Marcellus is a fine site but there is far more effort to convince people to sell their royalties than I am comfortable with.

As far as your royalties go for the most part you will have to trust the producers, they are probably going to be less than totally fair with you but it is very difficult to prove they are fraudulently shorting you.

I will be happy to try to answer any questions you have if I can, I wont pretend to know things I dont know about.

Hope some of this helps,

David

 
 
 

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