Hi, this is Ken.corkum again. I am still getting info from my sister on identifying the well numbers. she is supposed to send me any records she has on what we have been paid since 2019. and hopefully future back. hopefully we can celebrate and raise a toast on fb in the future. But we will see.
This company has failed to pay me on time for the past 6 months and they come up with lies about what’s happening… If they could at least inform me about the status of my check I could change the date of my payments.
Hilcorp is useless. Management must have told owner relations not to reply to inquiries. If a reply is sent, the information is not what was requested. On the Revenue Statements, information was changed and now I have no idea which wells we are receiving revenue. Hilcorp also refuses to provide Gas Balancing reports and therefore have no idea if owners are receiving their legal and rightful allotment. I
rkcincog— My experience w/ HC even after covid and that devastating flood in Houston—HC’s Owner Relations Dept. seemed to shrink or be re-organized. And in the past year, not all of the persons hired have a clue, but they can read data off of a screen. I’ve found their info-giving to be lacking in quality and meaning. If you can, I would tool up by taking NARO’s Mineral Management course and also go to the NM Oil Conservation Division Website. To find the accurate production of your well(s) metered by the State of New Mexico, you need the API numbers for each well. Some of your documentation (Division Orders or the monthly production receipts) should show those numbers. Otherwise contact the land dept. at HC and ask them for a copy of a survey of your assets or ask for a platt map of what you own from the San Juan County Assessor’s office in Aztec. Everything is recorded there. They are friendly and fast. If you have that information, you can go into the NM OCD site, look under production and learn exactly what your well(s) produce in MCF’s each month. Then use your decimal interest to determine your share of MCF’s and multiply that by the price. This is not as complicated as I’ve made it sound. You might begin with the County records office in Aztec. Enjoy the journey. am
Rkcincog, et. Al. Thank you for for the information and chiming in on this subjuct. I thought I was just ranting. Lol.
Did you guys hear that they had hired a customer service agency and now you get to talk to actual Hilcorp (supposedly), which we’re just assuming it really is them, but is probably not. Agreed. They are absolutely awful and they almost caused me to not get my refinancing on my house done, because they never sent me a real D.O. after taking over ConocoPhillips. So thank you, because I agree that Hilcorp is the laziest, feckless and inept business I’ve ever worked with anyhow, and I assume at some point there’s gonna be a class action and I just keep waiting for it, but you know how that goes… hahaha. Thank you guys for your post. I needed someone to vent to.
Emily Show quoted text
Ken, do you have an owner number from Hilcorp? Does your sister? Each owner invested in the property should have their own number. If you have that you can go to the Energy Link website and see all of the information regarding your wells. (Hilcorp production numbers, revenue, etc.)
You need the API numbers to look up the actual MCF production numbers recorded in NM on the NM oil and gas website. NM numbers are close to exact because the State wants to know what is owed them. Ann
Emily, I urge you to refer to my reply right above your recent message. My sister and I have had some luck with Hilcorp. It took about four years to figure this out. Write your complaint (s) to Hilcorp Executives. They assigned a Farmington Landman to help us. He was truly helpful. You need to know what you own, and know your rights when you write that letter. Also, an outcome of the 2014 Ideal Class Action Suit, and the 2018 Shallow Well Suit (adjudicated in Oklahoma—NM was included in that one) gives owners some rights. The Oklahoma suit was settled on September 30, 2018 and six months after that, the stipulated “Agreed New Mexico Payment Methodology” went into effect and lasts for 120 months or 10 years. That means ten years of no deductions with the exception of NM taxes. (Of course, the IRS bill will increase, too.) San Juan owners who had any business with Burlington (even after Conoco bought Burlington) recevied this because Burlington bilked owners of significant amounts of rightful income. It takes some personal time to set all of this right but it will be worth it financially. Maybe you have already done this if so, I apologize for the repetition. *Footnote: the Burlington suit (Ideal, et. al.) was to recover damages from Burlington’s unethical reporting of revenue to owners from coal bed methane wells; the Oklahoma suit (Shallow Well suit) included NM, Oklahoma, and Texas against Burlington’s same bad practices with natural gas wells (vertical). The NM court agreed to split the original suit into two different suits. And because there were so many owners involved, and Okla. and Tex. owners were given priority, NM received the “Agreed New Mexico Payment Methodology.” My apologies for the redundancy if you are aware of this. If you are not, then you may have some outstanding income due you. Ann
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