My siblings and I share royalties from five wells in South Benbrook, Tarrant County, Texas, Barnett Shale area. The royalties come from Encana and were averaging $300 to $400 a month for each of us until April when production was ceased. We were told that Devon was fracturing nearby and causing problems and they didn't know when things would get back to normal. I understand from a spokesperson with Encana that a lot of royalty owners have been inquiring about the shutdown.
It is now almost the end of July and we haven't heard anything. While we accept the fact that these royalties are not guaranteed, we are a little confused at the situation. Does anyone have any idea what might be going on there or are going through the same confusion? Encana just tells us that it will take several months to get things going and that was back in April.
Would you assume production will be shut down permanently? It is just frustrating not to know or understand what these people are doing when you have an interest (while limited). Thanks for any advice.