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Last On: 8:12AM, 21 May 12
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Ed replied to g p tindall's discussion royalty payments seem low in the group Desoto Parish
"It is always better to send a certified letter instead of calling the company. Also, It looks like your well is producing 60MMCf a month. But it still looks like your RI is off on the division order.       "
Jun 1, 2012
g p tindall's discussion was featured

royalty payments seem low

royalty payments for the well on our property seem low.we are 79 acres of a 643 tract with well structure on the 79 acres.25% royaltyproduction of gas is between 60000mcf and 140000mcf per month.our royalty payment have been less than $500.00 per quarter.Can  this be right?See More
Jun 1, 2012
13 Comments
g p tindall replied to g p tindall's discussion royalty payments seem low in the group Desoto Parish
"thanks so much for all the help.  "
Jun 1, 2012
Larry G Smith P.E. replied to g p tindall's discussion royalty payments seem low in the group Desoto Parish
"Henry, I agree with you 100%, if he calls enough he will get a person that will talk to him.  I know it took me a few months but I did get their attention and got the problem straightened out."
May 30, 2012
Henry replied to g p tindall's discussion royalty payments seem low in the group Desoto Parish
"I would suggest that before you launch in with an attorney, you contact the company yourself.  Attorneys are expensive.  If it is one of the larger companies, they have phone banks that you can call.  It will require some persistence,…"
May 30, 2012
HBP replied to g p tindall's discussion royalty payments seem low in the group Desoto Parish
"Just focusing on the R.I. If you have 5 shares in the 79 acres, then that's 15.8 net acres to each (if you had 100% of the minerals).  The R.I. for that at 643 unit acres and .25 is .006143.  (if you meant 5 acres out of the 79, then…"
May 30, 2012
Larry G Smith P.E. replied to g p tindall's discussion royalty payments seem low in the group Desoto Parish
" Who do you have your property leased too and have you read your lease and understand what it say's? If every thing is in order, I would suggest that you talk to an attorney and get him to send a letter to that company demanding an…"
May 30, 2012
g p tindall replied to g p tindall's discussion royalty payments seem low in the group Desoto Parish
"i agree. what do you suggest we do?"
May 30, 2012
Larry G Smith P.E. replied to g p tindall's discussion royalty payments seem low in the group Desoto Parish
"Then you have  serious problem from the looks of it. Something is wrong with the numbers.  "
May 30, 2012
g p tindall replied to g p tindall's discussion royalty payments seem low in the group Desoto Parish
"thank you for your reply   we have only five in our 79 acres and the total amount before dividing shares is $160.00 per month"
May 30, 2012
Larry G Smith P.E. replied to g p tindall's discussion royalty payments seem low in the group Desoto Parish
"Using the Natural Gas Royalty estamator . Using an average of 100,000mcf/month, divided the 100,000 by 30 days to get an average production per day, at $2.50 per mcf. I come up with a royalty for your 79 acrea of $7,678.00/ Now depending on the…"
May 30, 2012
g p tindall replied to g p tindall's discussion royalty payments seem low in the group Desoto Parish
"thanks for the reply. additionally, we have 79 acres of 643 acre unit. 79 divided by 643 is .1228. .1228 times 250k/month revenue is $30,700.00 per month. we have more than one owner of the 79 acre tract but that is just another division. so how…"
May 30, 2012
Larry G Smith P.E. replied to g p tindall's discussion royalty payments seem low in the group Desoto Parish
"How many of you share in this 79 acres of land also do each of you receive a royalty check?"
May 26, 2012
Henry replied to g p tindall's discussion royalty payments seem low in the group Desoto Parish
"Let's do some math..... I'll assume your well averages 100,000 mcf per month.  At $2.50 for your gas, that comes to $250k/month revenue.  On a per-acre basis, that comes to $390 (assuming 640 acres).  Multiply that by…"
May 26, 2012
g p tindall added a discussion to the group Desoto Parish
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royalty payments seem low

royalty payments for the well on our property seem low.we are 79 acres of a 643 tract with well structure on the 79 acres.25% royaltyproduction of gas is between 60000mcf and 140000mcf per month.our royalty payment have been less than $500.00 per quarter.Can  this be right?See More
May 24, 2012
13 Comments
g p tindall replied to g p tindall's discussion section 17-13n-13w in the group Desoto Parish
"thank you so much. very helpful."
May 23, 2012

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Haynesville
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Desoto Parish
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have a leased producing well with chesapeke. seeking more information concerning lease rights

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