Just received a division order on Della #1… Anyone out there have any info on this for me?
Hi Patti -
Which company is the Lessee? Which survey?
Cml Exploration…McMahan Survey…
Patti, your question is not specific enough. What do you want to know? Are you wanting to know what the well is producing? CML may not have filed a completion report yet. It takes some work, but you can go to the Texas RRC and look up the completion report after it is filed, as well as the monthly production reports by operator and then by well. They do not always sell all of the oil they produce each month and may have some on hand.
I am drawing royalty on several other wells drilled by CML. Once CML receives your executed division order, they will issue your royalty check on the 10th of the month. If they receive your DO on the 11th, you will not issue a check until the 10th of the following month. Your first check is usually the largest because the production is greater in the beginning and it takes a while for them to get the division orders sent out and get them back to process for payment.