When Trinity Operating took over operations from Petroquest in January, 2017, the first year or so the total percent of deductions was in the neighborhood of 27%. This has climbed to over 43% and in fact, for this year deductions are just over 43% of the gross. Is anyone else experiencing this re royalty checks from Trinity Operating?
All the leases I have executed in the last three years have a no deductions clause in them but I have no idea of where to start or who to talk to in investigating this. Does the Oklahoma Corporation Commission (or any other organization for that matter) have resources to look into these matters. Or, or am I on my own here.
Any advice appreciated.