They would have pooled 12 had they drilled under 12. 1280's can go any way. It would seem that if oil is there they will drill the other section. Does Zenergy own all the rights under 12? If not maybe another company will come along and drill. Keep your head up.
On Oct 1, 6:40 pm, little fish <[EMAIL PROTECTED]> wrote: > 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 -- 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 -~----------~----~----~----~------~----~------~--~---
