Why do my oil and gas royalty checks vary?
FAQ - Legacy Royalties - Oil and Gas Abbreviations, Oil and ...Oil and gas production and oil and gas prices will vary from month to month. Thus, variations in volumes produced and prices paid will cause fluctuations in your monthly checks. Sometimes a well may experience a mechanical problem that will cause production to cease for all or part of the month: this will reduce your check for that month. Another thing to consider is that, over time, most wells experience a decline in the amount of oil and gas produced.
Why does my gas bill vary?
Frequently Asked QuestionsSeasonal weather conditions have the most impact on the amount of natural gas you use. When it's cold outside, your furnace goes on more frequently and runs longer to warm your home. Your water heater also stays on longer to heat the colder incoming water. Aside from weather-related and other changes in your gas appliance usage patterns, your bill may vary due to changes in wholesale natural gas prices, which change based on market conditions. See similar questions...
What are oil and gas mineral, royalty and overriding royalty interests?
FAQ - Legacy Royalties - Oil and Gas Abbreviations, Oil and ...Oil and gas minerals, royalties and overriding royalties are similar in that they all receive revenues from the production of oil and gas from a well, and they do not pay for the drilling or monthly operating expenses of the well. Often you will see the term "royalties" used interchangeably to mean either mineral interests, royalty interests or overriding royalty interests. See similar questions...
How do I know if I have oil/gas on my property?
Frequently Asked QuestionsIndividuals may contact the Division of Oil and Gas at (614) 265-6922 or the Division of Geological Survey at (614) 265-6576 to obtain information regarding any past or current drilling/production on or near their property or within their county. More detailed information would have to be obtained from professional consultants and individuals experienced in developing oil/gas resources in the private sector. See similar questions...
How do I obtain the oil and gas database?
Frequently Asked QuestionsContact the Division of Oil and Gas at (614) 265-6922 and request the RBDMS database. It requires a minimum of Windows 95, is driven by MS-ACCESS software and is available on CD-ROM for $15.00. It can be updated over the Internet. See similar questions...
Oil and Gas Where can I find information on oil and gas in my county?
WVGES Frequently Asked QuestionsElsewhere on our Web site, you can check the list of publications for our county-based oil and gas reports, summary data and drilling statistics, counts of available well data, or counties at a glance. Or, contact our Oil and Gas Section geologists. Several public and academic libraries in West Virginia maintain some of our publications in their collections; check with your library for availability. See similar questions...
How often are royalty checks mailed out?
photography frequently asked questions - PictureStock.comRoyalty checks and statements are mailed out on the 10th of each month for the previous month's picture sales. If the 10th of the month lands on a weekend or holiday, the checks are then mailed out on the following business day. All royalty checks are mailed out by regular air mail in US funds. Photographers living in any country outside North America will receive an international money order in US funds which can be cashed anywhere worldwide. See similar questions...
How do I obtain a permit to drill or plug an oil/gas well?
Frequently Asked QuestionsPermits to drill or plug wells are issued to entities registered with the Division of Oil and Gas upon verification that (1) the applicant's registration filings are current and the applicant is in good standing with the Division (no major outstanding violations to Ohio's oil and gas law); (2) the appropriate forms and fees are submitted; and (3) the application for permit meets all statutory requirements. See similar questions...
How can I obtain oil and gas well location maps?
Frequently Asked QuestionsTownship maps of oil and gas wells are available for purchase from the Division of Geological Survey. Cost per map is $4.00 and they may be ordered by calling (614) 265-6576. See similar questions...
What county has the most oil and/or gas wells?
WVGES Frequently Asked QuestionsThe Survey has records for more than 11,300 wells drilled in Ritchie County. Other densely-drilled counties include Doddridge, Harrison, Kanawha, Lewis, Pleasants, and Roane. See similar questions...
What if I have signed a lease with an oil and gas operator on my property and a dispute arises?
Frequently Asked QuestionsThe Division of Oil and Gas has no legal authority to become involved in landowner lease disputes. This a private matter between the landowner and the oil and gas well company and settlement must be reached between the parties involved or via legal counsel.. Yes. If the new owner is not registered (assigned an owner number) with the State of Ohio, the Form 7 cannot be accepted. Also, until the Form 7 is processed, the well(s) will continue to appear under the previous owner's list of wells. See similar questions...
Q. Why do the amounts of my checks vary?
Injured Worker FAQsA. There are many reasons why the amounts of your workers compensation checks may vary. Generally, workers compensation benefits checks are paid in two-week increments. Sometimes due to the beginning and ending dates on the form completed by your physician, there may be a variance in the amount of the checks received. Also, after the first 12 weeks of temporary total the rate usually changes, and this will cause the check amount to be different. Rule 4123. See similar questions...
How do I calculate my oil royalty interest?
FAQ - Legacy Royalties - Oil and Gas Abbreviations, Oil and ...Take the number of mineral acres you own within a well's producing unit, divide it by the total acres within the well's unit, and multiply this by your royalty interest as listed in your oil and gas lease. For example, let's say you own 8 net mineral acres out of a well's 640 acre unit, and that your lease states that you have a 1/5th royalty. Thus, your oil & gas royalty interest in the well is (8/640) x (1/5) = 0.0025. See similar questions...
What is the gas-to-oil ratio for the Ventmaster saw?
Tempest Technology CorporationThe mixture should be 50:1 using a good quality petroleum-based oil such as that offered by Husqvarna. Never use synthetic oils in the fuel/oil mixture. See similar questions...
What oil and gas fields are located in my area?
WVGES Frequently Asked QuestionsThere are 385 named oil and gas fields in the State (as of April 2003), and wells have also been drilled in areas between fields or in areas in which fields have not yet been named. Contact our Oil and Gas Section geologists for more information. See similar questions...
What formations produce gas and/or oil in my area?
WVGES Frequently Asked QuestionsCheck our county-based oil and gas reports (see the list of publications), The Atlas of Major Appalachian Gas Plays (1996, Survey publication V-25), recent drilling activity tables, or contact our Oil and Gas Section geologists for more information. See similar questions...
How much gas and oil does West Virginia produce?
WVGES Frequently Asked QuestionsFor many years, West Virginia was the largest producer of natural gas east of the Mississippi River. In recent years, it has still produced significant amounts of natural gas in the Appalachian Basin. Reported production in 2001 was 191 Bcf (billion cubic feet) of natural gas and 1.607 million bbl (barrels) of oil. We have seen published illustrations of drilling and production activity in the Burning Springs area of Wirt County from the late 1850s. See similar questions...
What is the primary term on a federal oil and gas lease?
Leasing FAQsNoncompetitive leases have a primary term of 10 years. Competitive leases issued prior to the Energy Policy Act of October 24, 1992, have a primary term of 5 years. Section 2509 of this act changed the primary term of subsequently issued competitive leases to 10 years. See similar questions...
What are the filing fees associated with oil and gas leases?
Leasing FAQsThe fees for filing a Noncompetitive offer are a $75 filing fee and the rental of $1.50 an acre (remember to round up your acreage). If you are filing an Assignment of Record Title, transfer of Operating Rights, or Overriding Royalty, there is a $25 filing fee for each lease you are filing on. See similar questions...
Do oil and gas operators have to mark their facilities?
Frequently Asked QuestionsFacilities used in oil and gas production that are located on unplatted land or are located outside of the corporate limits of a city are exempt from the requirement to provide locates. See similar questions...
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