Crescent announced a merger with Vital in August, though it may not have been finalized until December. Vital stopped paying our trust gas royalties late last year, though it continued paying oil royalties. Crescent has continued this practice, and denies owing the royalties withheld by Vital. (Note that this is a merger, so I don’t think this is true.) Anyway, is anyone else having this problem with Crescent? I see from forum searches Crescent has done this before but I don’t know the outcome.
Vital final check was Dec 2025 Oil and Nov 2025 Gas & NGL. Crescent first check is Jan 2026 Oil and Dec 2025 Gas & NGL. The residue gas (after removal of NGL / plant products) had negative value for multiple months in late 2025. The royalties for residue gas and NGL products have to be netted together to see what you are being paid for gas production. Do you checks only report oil and no residue gas and no NGL products? First check to see if gas volumes are being reported to TX RRC and sales to CONG. Then ask for the reason why no gas and no NGL are being paid.
Thank you! Only oil is on the checks. Vital stopped reporting gas/NGL to us beginning in August, though it did report gas/NGL to Texas RRC. Still checking about sales. We got our first check from Crescent (included no gas/NGL) and I can’t find Crescent production reports yet. Thanks again.