I was looking through the Montana Oil and Gas Assoc site this am have not looked at it for a few months on 11-08-12 a new well was approved for my section 21-26N-59E in Richland Co the company being granted the approval was Brigham now my current royalty cks come from Slawson but my understanding is they have some sort of partnership the new well's name is Berry and again it's on 21-26N-59E the well i currently get my royalty ck's from is the Arrowhead Federal if any one can give me any and all insight as to how the ck's will be if this new well does produce i guess just any input Thank you all and Happy Holidays...... Theresa
Theresa, I think it likely that your checks will come from Brigham as the operator. If it's a new well in an existing spacing, the time from production to division order and firs check could be short as title work may have already been done. Congratulations on the new well. I think Brigham does an excellent job of getting production from their wells, not that other companies don't but Brigham seems to use more frack stages and better propant to hold the fractures open. I think this is part of Brigham's business philosophy. I wish Brigham had drilled my wells. I think you have something good to look forward to. Now for a disclaimer, I don't own any stock, much less oil stock. My opinion of Brigham comes from looking at hundreds of wells drilled by Brigham and others and the Brigham well appears to have better production than the other wells and looking through the well logs it usually turns out that Brigham had more frack stages than others in close proximity that I was comparing them to. I hope you have some nice mailbox money coming.
Thank you for your knowledge i sure hope so..... Good luck with your wells and Have a Merry Christmas and a Happy New Year with LOTS of oil Production..... Thanks again, Theresa
r w kennedy said:
Theresa, I think it likely that your will come from Brigham as the operator. If it's a new well in an existing spacing, the time from production to division order and firs check could be short as title work may have already been done. on the new well. I think Brigham does an excellent job of getting production from their wells, not that other companies don't but Brigham seems to use more frack stages and better propant to hold the fractures open. I think this is part of Brigham's business philosophy. I wish Brigham had drilled my wells. I think you have something good to look forward to. Now for a disclaimer, I don't own any stock, much less . My opinion of Brigham comes from looking at hundreds of wells drilled by Brigham and others and the Brigham well appears to have better production than the other wells and looking through the well logs it usually turns out that Brigham had more frack stages than others in close proximity that I was comparing them to. I hope you have some nice mailbox money coming.
Thank you Theresa, and a Merry Christmas to you also. I meant to say your check would most likely come from Brigham. I'm pretty sure your new well is going to be a good one since someone has already poked a hole in the ground there and someone wants to do it again. I wish you a gusher and a bountiful new year.