Sharing Gas Sales Prices

Without getting into acreage amounts or royalty rates, I would like to compare notes (with those who are willing) on the sale price/mcf that is on their royalty statements. I feel that this can only help those that feel they are being shorted. My latest statement from Gulfport for Nov. 2015 production states that the gas was sold for $1.31/mcf.  I'm not asking for discussions on deductions or taxes, etc. Just the sale price.

Views: 1824

▶ Reply to This

Replies to This Discussion

Permalink Reply by DONNA M SELLERS on January 31, 2016 at 2:41am

Rice...pa. well curtailed .71cents ....

Permalink Reply by searcherone on January 31, 2016 at 3:47am

Ohio.    Beck Energy.  Oct.   1.61 per mcf      shallow well

Permalink Reply by Dalmorloson on January 31, 2016 at 8:47am

Please include the month of sales. Mine went from $2.04 in Oct to $1.31 in Nov

Permalink Reply by colt on January 31, 2016 at 2:13pm
Ohio November 1.74
Permalink Reply by david starcher on January 31, 2016 at 2:52pm

Magnum Hunter $1.40.

Permalink Reply by K2 on February 1, 2016 at 3:21am

$1.58 per mcf in November.  Does anyone know how they set the spot price per month?  Shouldn't it be the average price during the month?  I have a real problem with the lack of information provided by Gulfport on how they determine the royalties.  Last year in October, they went back and revised all the royalties for the earlier months and decreased them.  Then in December, they did the same thing.  It decreased so much that we didn't get any royalty for one month and only a small amount for another.  They provided no explanation of the first decrease and when I called them after the second decrease, they told me it was due to "post production costs".   Have others had their royalties revised after the fact?

Permalink Reply by Kevin on February 2, 2016 at 4:24am

I've had mine revised a couple of times but both to my benefit. SWN

Permalink Reply by Keith Mauck (Site Publisher) on February 1, 2016 at 6:51am

This is a great conversation as we are rolling out this very feature on our sister site, shalecast.com. So after you discuss prices here, go find your well and sign up for our price reports. 

Here's more about that - http://myemail.constantcontact.com/Royalty-Owners--Compare-your-mar...

Permalink Reply by john norton on February 1, 2016 at 3:50pm

chief was 1.15 in oct in Sullivan co  pa

Permalink Reply by Kevin on February 2, 2016 at 4:21am

$1.08, SWN, Stevensville, Pa. November

Permalink Reply by Darlene C Falcone on February 2, 2016 at 5:20am

 Anadarko  ,  Wyoming County PA    $1.22 

Permalink Reply by Leo S on February 4, 2016 at 3:06am

Why are the prices provided here so much less than the NYMEX quoted prices?  If NYMEX represents the current market value, why are the E&Ps selling the gas for 50% of the market value?  And why are the E&Ps not using their hedge values in stating their prices?  Their hedge values really are the true market value, and the true pricing they receive for selling the minerals

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service