We did not get any royalty checks for our (small) holdings. Apache told us that since the amounts dropped below $100 for each share, they don’t issue checks. When they total $100, they will combine them and send. I guess this is due to the severe drop in oil prices? Or is it to a reduction in production?
Definitely a combination of both.
You can also change that minimum amount by sending a letter to the Division Order department requesting $50 or $25.
1 Like
This topic was automatically closed after 90 days. New replies are no longer allowed.