Greetings from BS34, S183. Anyone else dealing with Jetta and get a payment at end of April that seemed way light considering the per barrel price these days? Our April payment from Permian for the same area was literally 12 times more than usual but the Jetta check was the same as it’s been for the past year or so. The Jetta owner relationship department has been totally unhelpful as usual.
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Hello Neighbor! I am in Blk 34 Sec 172. I can’t answer your question but in our area I’ve read Jetta is expanding in and around our sections. Best of luck getting your issue resolved
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Look carefully at your check detail from both companies, specifically the price of oil for March production month to see if there is really a significant difference between the prices. Most checks seem to be in $89-$92 range. There is simply no way the Permian check can be 12 times more than the prior month unless there are new wells, perhaps for multiple months of production, or massive adjustments of underpaid volumes or if a well was worked over and production vastly increased. If volumes and wells are relatively unchanged, the oil price would have to have gone from about $60 to $720 and that has not happened.
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Good advice; thanks. Will take a closer look.
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See what happens in the next month or so. Might have been due to fracking in nearby wells and they shut in yours briefly to protect them. I see all sorts of permits on either side of you.
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