oops, my bad 1280, 640 I know you guys knew what I meant.LOL go-devil. If Zenergy would pool to 1280 this would include # 12? do they have a certain direction when pooling? ie; north -south east-west? As it stands because of no pugh clause # 12 brings NO income to us any longer! We had a lease which included #1 which renewed every 3 to 5 years. we were getting bonus money quite a bit actually, and we now recieve nothing for #12 period! sure we get these small royalty checks, but because they drilled this well #12 is tied up for forever. we really needed a pugh clause. BTW would be nice if Zenergy drilled on #12, but I won't hold my breath. As I said in my last post, this has been done to alot more people than just us.
On Oct 1, 3:04 pm, go-devil <[EMAIL PROTECTED]> wrote: > little fish, > Its 1280 and 640 also there is no well on 12 so why do you think > Zenergy is getting something for free, > if a well is drilled on 12 you will recieve royalties then and not > because theres a well next store. > > On Oct 1, 11:55 am, little fish <[EMAIL PROTECTED]> wrote: > > > > > Hi all, thanks to SBC & DEPME for taking the time to post so much > > great info. I really needed this info. so I guess I need to break down > > & buy a subscription! but thanks for helping me out you guys! Hey SBC > > I understand your numbers (I think) BUT we do own 40 acres of mineral > > rights all by our self in this section. AND, it is not a 1260 spacing > > I REALLY WISH it were! It's only a 630 spacing (all of section #1) > > that's all. If it were 1260 spacing I'd be elated! as Zenergy is > > holding our 120 mineral acreage rights in section# 12 next to #1 where > > the well went in. Zenergy Refuses to release #12 or to pool with #1 > > for 1260 spacing. We have NO pugh clause! To clarify: section #1 was > > leased as an addendum to section #12 way back when my mother in law > > was alive. She & US had no idea the ramifications of that move! > > Zenergy now holds 120 acres of our rights in #12 for free! I've posted > > about this before, but never seem to get chatter going about this > > shady practice. Our caretaker/farmer who lives & farms our property, > > has lived there his whole life. he says Zenergy is doing this ALL over > > the area. buying leases & putting in these crappy low producing wells. > > My question to all of you is WHY? I really have to wonder at Zenergy's > > strategy. Our section # 12 was a really GOOD paying lease which is now > > free to Zenergy! hope this isn't too much ranting & raving, it just > > makes my blood boil at the way the companies can do shady things like > > this & get away with it. MAYBE, other people around our property who > > have gotten this done to them,can band with us & others & class action > > or something. > > the property I'm talking about is TWN 151N Range 104W sections #1 and > > #12 Mckenzie county. I hope to hear some feed back on this. And thanks > > agin to all who answered my post! > > little fish > > > On Sep 30, 4:24 pm, DepME <[EMAIL PROTECTED]> wrote: > > > > NDIC File No: 16264 API No: 33-053-02738-00-00 CTB No: 116264 > > > Well Type: OG Well Status: A Status Date: 1/17/2007 > > > Wellbore type: Horizontal > > > Location: NWNW 1-151-104 Footages: 264 FNL 390 FWL Latitude: > > > 47.9342573874761 Longitude: -103.945117848166 > > > Current Operator: ZENERGY, INC > > > Current Well Name: PRYOR 1-1H > > > Elevation(s): 1902 KB 1884 GL Total Depth: 14466 Field: > > > BRIAR CREEK > > > Spud Date(s): 10/9/2006 > > > Casing String(s): 9.625" 2510' 13.375" 332' 5.5" 9095' > > > Completion Data > > > Pool: MADISON Perfs: 9095-14466 OH Comp: 1/17/2007 > > > Status: AL Date: 1/17/2007 Spacing: SEC > > > Cumulative Production Data > > > Pool: MADISON Cum Oil: 14825 Cum MCF Gas: 8237 Cum > > > Water: 59435 Show Performance Curve > > > Production Test Data > > > IP Test Date: 1/24/2007 Pool: MADISON IP Oil: 66 IP > > > MCF: 26 IP Water: 232 > > > > Pool Date Days BBLS Oil Runs BBLS Water MCF Prod MCF Sold Vent/ > > > Flare > > > MADISON 7-2008 31 409 256 1659 339 239 0 > > > MADISON 6-2008 30 433 476 1862 351 251 0 > > > MADISON 5-2008 31 476 471 2126 300 200 0 > > > MADISON 4-2008 20 353 515 1567 256 156 0 > > > MADISON 3-2008 31 498 448 2241 324 224 0 > > > MADISON 2-2008 29 473 485 2243 250 150 0 > > > MADISON 1-2008 31 569 489 2490 300 200 0 > > > MADISON 12-2007 31 573 507 2737 370 270 0 > > > MADISON 11-2007 30 571 698 2463 390 290 0 > > > MADISON 10-2007 31 647 487 2853 444 344 0 > > > MADISON 9-2007 30 663 962 2969 469 369 0 > > > MADISON 8-2007 31 762 703 3256 499 399 0 > > > MADISON 7-2007 31 848 715 3798 569 469 0 > > > MADISON 6-2007 30 911 952 3802 469 369 0 > > > MADISON 5-2007 31 1075 1125 4436 541 441 0 > > > MADISON 4-2007 30 1175 1176 4864 603 503 0 > > > MADISON 3-2007 31 1463 1457 5149 685 585 0 > > > MADISON 2-2007 28 1681 1596 5343 771 671 0 > > > MADISON 1-2007 16 1245 1064 3577 307 207 0 > > > > On Sep 30, 1:56 pm, "Sweet, But Crude" <[EMAIL PROTECTED]> wrote: > > > > > Hey- > > > > > Here's July #s - I don't know which month the $160 check was from. > > > > > PRYOR 1-1H NDIC File # 16264 > > > > 409 BBL > > > > 1659 WATER > > > > 31 DAYS > > > > 256 RUNS (that's bbls they "took to market", of the above 409 they > > > > pumped - the rest is stored, probably on-site) > > > > 339 GAS > > > > 239 GAS SOLD > > > > > I'm new, too, so I'm not sure how what the gas #s mean -my guess: > > > > Thousand Cubic Feet (MCF) > > > > > According to the chatter here, figure 8,000 MCF to be the equivalent > > > > in value to a bbl of oil, and you've got the dollar equivalent of 30 > > > > bbls of oil in GAS SOLD (not produced). At an avg of $110 a bbl., > > > > that would be an additional $3,300 in GROSS (not split, shared or > > > > anything else, just value in raw, untaxed gas). Take that $3,300 and > > > > go to cypherin' your share of it. Add that to the 256 RUNS x $110 = > > > > $28,160 GROSS oild revenues, and you've got an estimated $31,460 > > > > GROSS. Take 11.5% off of that for ND taxes, and you're at $27,842 > > > > after taxes (but still not "net"). Take that # and figure out your > > > > %age by net acres. I don't know if you're at 40 acres of the 1280 > > > > spacing unit, but that's what it sounds like. 40 of 1280 acres is > > > > roughly 3.13%. 3.13% of $27,842 is $871.45. 16% of that is $139. > > > > > I know my numbers are total estimates - bbl prices may have been a bit > > > > more, but I'm within 20-bucks of your amount, and that might account > > > > for GAS I DIDN'T ADD IN the above. > > > > > You can always ask for an accounting (and you should receive it, right > > > > everyone?) for each month's royalty payments, so you can check the > > > > math. > > > > > Tom > > > > > On Sep 30, 2:40 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- Hide quoted text - > > > > - Show quoted text -- Hide quoted text - > > > - Show quoted text -- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
