Replies to This Discussion

Permalink Reply by Bob Donaghy on July 19, 2016 at 5:26am

Is it a severance tax? Who sent the bill? Tyler County Sheriff? State Tax Dept?

Permalink Reply by Kyle Nuttall on July 19, 2016 at 10:25am

Sounds like severance tax.  If so, it should be 5% of your royalty.

Permalink Reply by Steve Crowe on July 19, 2016 at 4:27pm

The tax bills are from Tyler County Sheriff. One is for minerals. Gross value 3300 and tax is 75.00 and change.  The other is also from the Sheriff, it says Production leased swn api 0231 Kirk Hadley 8H. Minerals , value 37,360 and tax of 822.94.  I got one and my wife got one also. It is jointly owned but SWN sends us each separate check. So were at over 1600.00 in taxes. Seems like a lot based on royalties received.

Permalink Reply by Steve Crowe on July 28, 2016 at 1:04am

I found out this is a Tyler Co. tax. Based on reported production in 2014. Problem is, I never received the money Statoil should have paid me. Apparently they are in a 74/26% deal with SWN. What a mess. Also can anyone tell me what my fractional share should be. I have 100 acres of 1220 acres in unit. @ 12.5 rate.   Think I am being paid from old division order of which I had 10.51 acres of 578.