Lessee Wellhead Deductions

[WTX_512]

This thread has some good info regarding deducts & post production cost that you may find helpful.
Post Production Costs with XTO

Post Production Costs with XTO

I would like to jump on this thread a bit late. I receive royalties from a horizontal pooled lease operated by XTO in Martin Co TX. About July 2019 they started retroactively applying deductions to the GAS and NGL such that now the total non-tax deductions for the gas products is more than twice the severance tax on the oil alone. Prior to that, XTO only made a Transport (TRN) deduction on the oil production; there were no deductions on RES (gas) and NGL (non-gaseous liquid) royalties. So now t…