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Chaz's Discussions

Reported vs paid as reported to RRC

Started this discussion. Last reply by Chaz Jun 28, 2017. 2 Replies

Question,Gas production numbers reported to RRC are different than what is showing up on my checks. I also get paid for NGLs. Is that production coming out of the gas number? Not sure how that works.…Continue

India Oil Company looking to buy CHK?

Started Jan 22, 2015 0 Replies

I saw an article on CNBC stating a state owned India oil company is looking to buy a large oil and gas company in the US and that Chesapeake is the prime target. Anyone else hear anything regarding…Continue

Sand in the oil!!

Started this discussion. Last reply by Chaz Nov 11, 2013. 13 Replies

As I was leaving the ranch today the gate guard informed me that two loads of oil from one of our wells were rejected last night due to there being sand in the oil. There were two more trucks there…Continue

At what point does a company put a pump jack on a well?

Started this discussion. Last reply by Chaz Oct 14, 2013. 10 Replies

Regarding pressure, at what point does a company put a pump jack on a well? Is there a bench mark number or is it when the pressure is just too low to allow the well to free flow? If so, does anyone…Continue


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Blog Posts

Cost Depletion: A Valuable Tax Deduction for Royalty Owners

Posted by Patrick Flueckiger on February 12, 2018 at 10:30am 0 Comments

 The Internal Revenue Code allows a deduction known as “depletion” for oil & gas income. The depletion deduction could save a taxpayer thousands of dollars in income taxes. Since a mineral interest runs out…



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