I have 19 wells located in the Permian Basin near Midland, TX.
In July gas was reported as 463,122 (Texas RRC) In August gas was reported as 989,800 (Texas RRC) 53381 (3), 53399 (3), 53431 (1), 53457 (3), 53495 (3), 53502 (3), 53536 (3)
My August payment for gas should have been 2x that of July, assuming gas prices stayed the same. My actual payment for August was just a little over what I got for July.
How do you go about finding which is correct? The RRC#'s or the statement #'s. I feel the #'s reported to the Texas RRC were GROSSLY over valued. Is Exxon required to correct the Texas RRC #'s if found that they are in error? Has anybody experience anything similar?
Note: I have sent an email to Exxon and am waiting on a reply. However, from previous experiences it could take months to get an answer.