Interesting response from the owner relations department over at Trinity Operating in response to our inquiry into the pay status of the 3 new Beaver Mountain wells in 20-8N-20E. PUN details make it clear all three wells became in pay status as of November of last year triggering I would assume statutory time tables for timely distribution of division orders and pay checks. Their boiler plate response was “We have received your inquiry. The analyst working this area is waiting for a revised Division Order Title Opinion in order to set up the pay checks. I do not have an estimate on when this will be completed at this time. Please contact us if we can be of further assistance.”
I’m not particularly worried about eventually getting our due royalties but just how long are they able to put off distribution before getting sideways with OCC?