# Since we seem to have a surplus of gas & oil

**URL:** https://www.mineralrightsforum.com/t/since-we-seem-to-have-a-surplus-of-gas-oil/7205
**Category:** Wetzel County, WV
**Created:** [April 18, 2015, 1:17pm UTC](https://www.mineralrightsforum.com/t/since-we-seem-to-have-a-surplus-of-gas-oil/7205 "2015-04-18T13:17:45Z")
**Posts on this page:** 2
**Page:** 1

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### Author: ![Ancel\_Smith](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/ancel_smith/32/806_2.png) [@Ancel\_Smith](https://www.mineralrightsforum.com/u/Ancel_Smith)
#### Post date: [April 18, 2015, 1:17pm UTC](https://www.mineralrightsforum.com/t/since-we-seem-to-have-a-surplus-of-gas-oil/7205/1 "2015-04-18T13:17:45Z")

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Hello! Does anyone know if wells are being capped, or plans delayed, or is production of your well steady and going to market (and royalties received)? Any opinion of the near term?

EX: A coworker said his friend had his well capped in Fayette County, Pennsylvania. It was estimated to pay him $30k/month. Production isn’t happening under current market conditions (thus no royalties).

EX: Are well(s) producing but not going to market (hence no royalties)?

Also, are state/federal typically taxes deducted from royalty payments?

THANK YOU for any comments.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 11:46pm UTC](https://www.mineralrightsforum.com/t/since-we-seem-to-have-a-surplus-of-gas-oil/7205/2 "2018-08-14T23:46:22Z")

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