"I hear ya. As stated I have only a few acres, but have significantly more in a unit about to come on line within a month or so. Thus my heightened interest and ongoing relationship with KWGD. ChK was significantly lesssssss…"
"I have over 80 acres in 3 wells and it sounds like the Total money is the same as yours-nothing. I think the Encino payment is lower then CHK, but I didn't see the actual deductions on the CHK check and nat. gas is pretty low right…"
Same here. No Total check at all last month. Previous month was only a few dollars after deductions, but I only have a few acres in an existing unit. My lease was developed by KWGD group over in Canton, Oh.
"When mine switched to Encino (gross, but calculated at wellhead unfortunately) the O&G unit rates seem ok , but looks like higher post production costs. CHK was about $1.25-$1.36 production costs. On the Total…"
"Also, If you are one of the wells that TEP USA owns a piece of , good luck. They are seem to be taking very large deductions. And the check detail for direct deposit is not available. And we have not found any contact for the company, anywhere. The…"
"We also have a gross lease and our first Encino check had the same deductions. I called Encino HQ in Houston on Monday and left a voicemail for the COO, Ray Walker, informing him that Breach of Contract was no way to start off a successful…"
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]