February 04, 2016
Completion Report
February 09, 2016
Completion Report
February 16, 2016
DRILLING PERMIT SUBMITTED PENDING APPROVAL
Completion Report(Plug Back)
February 24, 2016
AMENDMENT PENDING APPROVAL
March 11, 2016
DRILLING PERMIT SUBMITTED PENDING APPROVAL
Clint, you just posted a Drill permit from TANOS for the McElroy "A" - Wilkinson Well 1H. There was already a Completion Report for a Wilkinson - McElroy "A" Well 1H posted by you on Jan 24 2016. How can they both be Well # 1H??? They cannot be the same well can they?? Why names of Units reversed? Perhaps in the world of horizontal drill they crisscross and they give them the same well number and reverse names of Units?? A little clarity would certainly be helpful.
I think I just answered my question by looking at Plat Maps. The Wilkinson - McElroy A well !H has surface location in Wilkinson Unit, and the other new well 1H will have its surface location in McElroy A. Looks like they run roughly parallel to each other but in opposite directions. Thanks.
I just got a letter from Breitburn Operating Company saying that the Wilkinson - McElroy A Well 1H had been in Production since October 2015, and that they were in the process of determining Royalty Interests and Royalties due. They said that soon, a check will be forthcoming based upon "preliminary" estimates of Royalty interests. A "final" determination of Royalties would be determined at a later date, and payments reconciled accordingly.
I have 99+ acres interest in McElroy A and 87+ acres interest in Wilkinson Unit. The numbers of acres in those 2 Units hasn't changed in umpteen years, nor has my acreage. Also, 4 wells have been producing on those 2 Units, and I have been paid the same Royalty factor for at least 10 to 15 years on them. (i.e. THEY KNOW THE FACTORS THAT MY ACREAGE REPRESENTS IN THE UNIT(s). Shouldn't they already basically know ALL of the Royalty owners and their percentage interests??
The process they are undertaking seems a bit fishy to me. I know they need to get it right, but...??? If I weren't concerned that all these Operators are probably on the verge of bankruptcy I probably wouldn't be so concerned.
I just got my 1st Royalty check for Wilkinson - McElroy A Well 1H. The percentages were as expected based upon the other 4 wells in the 2 Units. The Royalty check was for 3 months production. I was surprised to see so much oil being produced out of the well based upon the Completion Report.
Apologies to everyone for inappropriately posting discussion on this part of the Forum. I have finally figured out how all of this is organized and laid out, and will post discussion and questions where appropriate in future.
April 08, 2016
DRILLING PERMIT SUBMITTED PENDING APPROVAL
April 13, 2016
April 20, 2017
DRILLING PERMIT SUBMITTED PENDING APPROVAL