Does anyone know how the infill well system is doing around section 1-11N8W? M_Barnes helped me identify them previously, thanks again! This is what she stated the names are.. Camino has four permits in those sections. HMB 1108-1-212-132WXH, 3MXH, 4MXH, 5MXH. #4 & 5.
We own a 1% ORRI on a good portion of one of these sections with the common source supply. (First)Payment is supposed to be scheduled for late this month. Camino won’t divulge anything.
Thank you so much. I was able to find production reports up until July from April that is helpful! My next question is I own just over a 1% ORRI on 345NMA in Section 1. Those wells are a multi-unit common source supply infill well system and each are allocated 33% to section 1. Is there an easy formula to determine if your, for example, total production was $100 in sales for a month how much could I (roughly) expect to see that month?
I was given this but it doesn’t make sense: Your royalty will be based upon your % interest interest in Sec. 1 x 33% x your royalty % interest.