Can someone explain to me how the reporting of production is done to the comptroller? I have some wells where it seems to be showing the producer reporting what it sold and a purchaser reporting what they bought however the numbers don't match.
Can you provide the names of the actual wells you are referring to? The actual requirement for reporting to the Comptroller is the same but operators sometimes report differently depending on the situation.
Your issue may just be the actual disposition being reported. Just because a well produces 100 barrels and 100 MCF for the month does not mean they sell all 100 barrells and the gas can be reported as all gas, gas and products, gas, products, and lease use. They can also reports all of the wells in one section as one well to the Comptroller and the RRC. It can get complicated real quick depending on the operator and wells.
The biggest discrepancy I have found with the Comptroller's data is the amount of severance taxes that were actually paid, vs what the operator claims they paid. Comptroller data is more valuable than RRC if you ask me.
Do you request a special report? Or just use the Lease Drop that you can access online?
Kitchen said:
The biggest discrepancy I have found with the Comptroller's data is the amount of severance taxes that were actually paid, vs what the operator claims they paid. Comptroller data is more valuable than RRC if you ask me.
RRC# 12692
Brian Upshaw said:
Can you provide the names of the actual wells you are referring to? The actual requirement for reporting to the Comptroller is the same but operators sometimes report differently depending on the situation.
Your issue may just be the actual disposition being reported. Just because a well produces 100 barrels and 100 MCF for the month does not mean they sell all 100 barrells and the gas can be reported as all gas, gas and products, gas, products, and lease use. They can also reports all of the wells in one section as one well to the Comptroller and the RRC. It can get complicated real quick depending on the operator and wells.
Apache is reporting on gas, products and oil. Gas and products in MCF. The difference for some months comparing to the RRC will be the vented/flared gas. They just started venting/flaring recently. Probably due to over supply. Something is wrong with the oil reporting. Reports are showing way more produced than sold.
I just use the lease drop. What happens is that due to certain severance tax exemptions, a tax is due and remitted by the operator. Then later corrections are made, and sometimes money is refunded. It is difficult to track because the lease drop does not show what the original amounts are. It only shows what is "current" as of the day you look at the data. My royalty checks have adjustments from time-to-time, where they are "attempting" to balance these refunds. I still don't think it is accurate. I think the comptroller's site is more accurate than what the operator reports on my check stubs by far. We are talking pennies here, but I still think it is shady. 99.9% of people do not know how to use the Comptroller's website either, which is an advantage to the operator.
Mariah Harding said:
Do you request a special report? Or just use the Lease Drop that you can access online?