Hello, I'm new to this forum and hoping that someone can verify that production has been reduced in recent months. And if so, is there a reason for this?
Thanks in advance.
Royalty checks reflect production from months ago, so not many can comment on RECENT production.
August production numbers from the state can be found at https://www.paoilandgasreporting.state.pa.us/publicreports/Modules/DataExports/DataExports.aspx
A reason? Why produce something for such low prices? Keep it in the ground until prices go up.
It is due to the price of oil & gas