# Doddridge County, WV - Oil & Gas Discussion archives

**URL:** https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444
**Category:** Doddridge County, WV
**Created:** [May 28, 2011, 6:31pm UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444 "2011-05-28T18:31:45Z")
**Posts on this page:** 20
**Page:** 41

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### Author: ![Jim\_Greaver](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/jim_greaver/32/1166_2.png) [@Jim\_Greaver](https://www.mineralrightsforum.com/u/Jim_Greaver)
#### Post date: [April 7, 2015, 12:05pm UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1147 "2015-04-07T12:05:00Z")

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Finally got our first check! Woohoo!

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### Author: ![Jacqueline\_Gum](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/jacqueline_gum/32/1763_2.png) [@Jacqueline\_Gum](https://www.mineralrightsforum.com/u/Jacqueline_Gum)
#### Post date: [April 7, 2015, 2:09pm UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1148 "2015-04-07T14:09:00Z")

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Darin… I got my check about a month after I sent the signed DO back. Jim… WooHoo!!! It’s kind of other-world, isn’t it? Laugh! Seems like it will never happen and then it does! Congratulations 🙂

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### Author: ![Jim\_Greaver](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/jim_greaver/32/1166_2.png) [@Jim\_Greaver](https://www.mineralrightsforum.com/u/Jim_Greaver)
#### Post date: [April 7, 2015, 2:43pm UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1149 "2015-04-07T14:43:00Z")

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Jacqueline, yes it is good to finally have the waiting pay off!

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### Author: ![anna](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/a/779978/32.png) [@anna](https://www.mineralrightsforum.com/u/anna)
#### Post date: [April 8, 2015, 11:55am UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1150 "2015-04-08T11:55:00Z")

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US is World’s #1 gas producer…Thanks to Fracking 🙂

[http://news.yahoo.com/us-worlds-largest-oil-gas-producer-2014-215505699.html](http://news.yahoo.com/us-worlds-largest-oil-gas-producer-2014-215505699.html)

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### Author: ![Darin\_L\_Dotson](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/darin_l_dotson/32/805_2.png) [@Darin\_L\_Dotson](https://www.mineralrightsforum.com/u/Darin_L_Dotson)
#### Post date: [April 7, 2015, 7:28pm UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1151 "2015-04-07T19:28:00Z")

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Congratulations Jim! Just sent back my second division order! Three to go…

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### Author: ![Katrina\_Posey](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/k/9de0a6/32.png) [@Katrina\_Posey](https://www.mineralrightsforum.com/u/Katrina_Posey)
#### Post date: [April 8, 2015, 8:38am UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1152 "2015-04-08T08:38:00Z")

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Does anyone have any information on the ANTERO well they are to be drilling in the McLean District and the well will be BANER and TABOUR, I think in the spelling. Thanks!!

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### Author: ![Katrina\_Posey](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/k/9de0a6/32.png) [@Katrina\_Posey](https://www.mineralrightsforum.com/u/Katrina_Posey)
#### Post date: [April 8, 2015, 2:28pm UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1153 "2015-04-08T14:28:00Z")

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LOVE that!! Keep Calm and FRACK ON!!

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### Author: ![Buck\_Davis](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/buck_davis/32/3392_2.png) [@Buck\_Davis](https://www.mineralrightsforum.com/u/Buck_Davis)
#### Post date: [April 14, 2015, 10:40am UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1154 "2015-04-14T10:40:00Z")

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Is there any drilling yet in the Greenbriar Prospect? Includes the Conley and Snake Units.

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### Author: ![Jim\_Greaver](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/jim_greaver/32/1166_2.png) [@Jim\_Greaver](https://www.mineralrightsforum.com/u/Jim_Greaver)
#### Post date: [April 14, 2015, 11:52am UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1155 "2015-04-14T11:52:00Z")

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As far as I know, all we ever received were modifications, no new leases that I know of, but I was not originally involved enough until I realized I should be!

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### Author: ![Buck\_Davis](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/buck_davis/32/3392_2.png) [@Buck\_Davis](https://www.mineralrightsforum.com/u/Buck_Davis)
#### Post date: [April 14, 2015, 12:24pm UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1156 "2015-04-14T12:24:00Z")

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Tax decision - do you use Schedule C or D to report royalty income?

Thanks for the other very helpful info presented in this blog.

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### Author: ![Buck\_Davis](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/buck_davis/32/3392_2.png) [@Buck\_Davis](https://www.mineralrightsforum.com/u/Buck_Davis)
#### Post date: [April 14, 2015, 5:27pm UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1157 "2015-04-14T17:27:00Z")

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And where do we take the 15% Depletion Allowance someone told me to take?

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### Author: ![Jim\_Greaver](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/jim_greaver/32/1166_2.png) [@Jim\_Greaver](https://www.mineralrightsforum.com/u/Jim_Greaver)
#### Post date: [April 14, 2015, 7:33pm UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1158 "2015-04-14T19:33:00Z")

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OK, we were just contacted today by EQT wanting to get us to sign off on a modification to drill horizontally. The drilling will be near Meathouse Fork. Our acreage is 165, with a net of 49 acres. Our interest is 3/10s (anyone know what this translates to in decimals?). He offered $19,800! I am thinking we might be in good shape to negotiate much more. What does anyone else think?

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### Author: ![Kyle\_Nuttall](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/kyle_nuttall/32/3250_2.png) [@Kyle\_Nuttall](https://www.mineralrightsforum.com/u/Kyle_Nuttall)
#### Post date: [April 13, 2015, 12:29pm UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1159 "2015-04-13T12:29:00Z")

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Congratulations on getting checks back! That’s great!

Would any of you mind letting us know how much per acre you’re getting in royalties? And your royalty percentage? And whether you are getting gross or net? It would be ridiculously helpful to those of us who are negotiating leases. Thanks in advance if you do share.

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### Author: ![Nancy\_Mosley](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/n/3bc359/32.png) [@Nancy\_Mosley](https://www.mineralrightsforum.com/u/Nancy_Mosley)
#### Post date: [April 13, 2015, 8:16pm UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1160 "2015-04-13T20:16:00Z")

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Yes please share what you can. I echo Kyle’s sentiment. Maybe create a fictitious name if you want to be anonymous!

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### Author: ![Nancy\_Mosley](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/n/3bc359/32.png) [@Nancy\_Mosley](https://www.mineralrightsforum.com/u/Nancy_Mosley)
#### Post date: [April 14, 2015, 4:18pm UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1161 "2015-04-14T16:18:00Z")

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Buck, I am not an accountant, but I use TurboTax, and Schedule E is the place for royalty income. It is also the place for bonus payments (no depletion for that). Working Interest income goes on Schedule C.

At least that is how I understand it.

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### Author: ![Arnold\_L\_Stuart](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/a/b2d939/32.png) [@Arnold\_L\_Stuart](https://www.mineralrightsforum.com/u/Arnold_L_Stuart)
#### Post date: [April 14, 2015, 5:14pm UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1162 "2015-04-14T17:14:00Z")

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Buck, I have been using a CPA for years (same guy) he has not got me in jail yet. We use Schedule E for royalty income, it’s also a place for bonus payments.

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### Author: ![Stephanie\_P](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/stephanie_p/32/1024_2.png) [@Stephanie\_P](https://www.mineralrightsforum.com/u/Stephanie_P)
#### Post date: [April 14, 2015, 6:02pm UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1163 "2015-04-14T18:02:00Z")

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Does anyone else feel like this is a never ending uphill battle? I just lose track in everyday life…and then feel racked with guilt that I neglected it for a while.

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### Author: ![Robin](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/robin/32/1347_2.png) [@Robin](https://www.mineralrightsforum.com/u/Robin)
#### Post date: [April 14, 2015, 6:13pm UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1164 "2015-04-14T18:13:00Z")

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Stephanie: I hear ya, sister! Couldn’t agree more. This forum is my lifeline and encourager!

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### Author: ![Stephanie\_P](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/stephanie_p/32/1024_2.png) [@Stephanie\_P](https://www.mineralrightsforum.com/u/Stephanie_P)
#### Post date: [April 14, 2015, 6:33pm UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1165 "2015-04-14T18:33:00Z")

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Thanks Robin.

So, Nancy, all these legal fees, maps I pay for etc, will come off the capital gains I have to pay on any royalties I might never see. =) Sorry, sarcasm is the word of the day. lol

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### Author: ![Jim\_Greaver](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/jim_greaver/32/1166_2.png) [@Jim\_Greaver](https://www.mineralrightsforum.com/u/Jim_Greaver)
#### Post date: [April 14, 2015, 7:34pm UTC](https://www.mineralrightsforum.com/t/doddridge-county-wv-oil-gas-discussion-archives/1444/1166 "2015-04-14T19:34:00Z")

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We’d also appreciate any input as to what we should be sure is in the contract!

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