Where is your well located? How many owners are there for your 40 acres? We also have 40 acres and are expecting a lot more than $200 per month. We are still in confidential status, so have no idea what we are pumping yet, however we are in the Bakken region in Ross Files area. Does that ring a bell with you?Better Days! In a message dated 9/30/2008 1:55:56 P.M. Pacific Daylight Time, [EMAIL PROTECTED] writes:
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 **************Looking for simple solutions to your real-life financial challenges? Check out WalletPop for the latest news and information, tips and calculators. (http://www.walletpop.com/?NCID=emlcntuswall00000001) --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
