Have not received payment since 4-25… Any others having the same issue?
Hilcorp is Ross Perot and son. You’ll get your money.
Send a certified letter return receipt and ask why you have not gotten a check. Include your name, address, owner number from the previous check. It is possible that it was lost in the mail, the minimum payment went below your Division Order minimum or another logical reason.
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Spoke to owner relations. Was told this: XTO wasn’t keeping very good books and have not been properly deducting costs.
Hilcorp took over January 1st and we received the first Hilcorp check in March for January production. Aside from SERVICE MKT FEE, everything seemed fine. Check for April was for February production, and same as before with MKT FEE now being applied in positive amounts for some wells. Noticed a new fee for OTHER which seems odd.
My questioning is since there is a statute of limitation on my claiming underpaid royalties, does this also apply for Hilcorp for issuing corrections to the like?
I find it hard to believe that XTO/Exxon would have not deducted fees properly and the idea that they weren’t keeping very good books just doesn’t seem correct.
Also, if we’re paying back Hilcorp for XTO overpaying us, then why would we receive a check from XTO in May for October 2023 production corrections?
I should add now we’re receiving no check for how long they couldn’t tell us, nor any amounts of the overpayments, etc. This all seems odd and I’ve never had any issues ever or heard of others having issues such as these in the past.
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See my response under your other post.
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