for starters,oil prices are down by that percentage from just a few months ago. 16% royalty is a very good lease for a producing well. Zenergy should provide the oil sold from the well on your check stub each month. Sometimes the oil sold varies significantly from the oil produced in a month, but then you get paid for that unsold oil in the following month's check.
On Sep 30, 3:40�pm, little fish <[EMAIL PROTECTED]> wrote: > Hi all, quick question: can anyone look up Pryor1-1H well for me. We > have the rights to 40 net mineral acres in this sect. and have been > getting a small (a little over $200.00) royalty check for the last > couple of months. Now this month it dropped to $160.00! I know this is > a Zenergy marginal well, w/ inital bopd of only 66 per day. but are we > getting hosed? How can we know for sure the amount is truly our > pitiful share? our lease provides for 16% royalty on 40 net acres. > thanks for any info. > little fish --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Bakken Shale Discussion" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/bakken-shale-discussion?hl=en -~----------~----~----~----~------~----~------~--~---
