Our company owns a non-operating working interest in a well in Ector County, Texas. Until about a year ago, Conoco/Phillips was purchasing the oil and paying us directly for the revenues. Sometime last year, the operator began distributing the oil revenues from the well. We were unaware of this change, but posted an inquiry to Phillips when we stopped receiving revenues. Phillips directed us back to our well's operator.
On inquiry, the new operator told us that it received the paydeck from Conoco/Phillips shortly before that company's restructure, that the paydeck did not include our name or decimal interest, and that the operator would go back to Phillips and right the situation then send us an accounting. That exchange was in March of this year. Since then, we have heard nothing from the operator and cannot get anyone within the organization to answer our inquiries about progress. Meanwhile, we continue to receive joint interest billings from this operator for our share of the well costs.
I would like to know if this is a common experience these days, now that operators and purchasers are changing so frequently, if anyone else out there has experienced this, and what avenues we may have for redress. The amount of money involved is not huge, but the frustration factor sure is.
Thanks for any advice you all may have.
Robin Hogan