CHK royalty check for 04/14 shows adjustments for 9/13-12/13 with GAS up in volume & price& NGL down in volume & price.  The first numbers for Gas(2) were my original, the second numbers are my adjustment. Same for NGL(4) original top, adjustment bottom.  My question is do you know why this occurs. CHK gave no explanation. Thank you for input.

Date  Gas/NGL   Price     PY GP               Volume

913       2           2.097      201G                 -1901.96 

913       2           2.255      201G                   1957.50  

913       4           0.674      201N               -10122.98 

913       4           0.645      201N                  8660.68

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Longer vs shorter laterals

Posted by Chaz on May 3, 2019 at 1:30pm 0 Comments

This may have been discussed at length at some point on this forum so please forgive me if I'm repeating a question that may have been answered.

Six years ago CHK drilled wells with 5000ft laterals; recently they have come back and…

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