What happened to Coal County wells?

I have holdings in several areas in Coal County. The biggest producer has been BP. The check from that company dropped 90% this month. Any info would be appreciated.

What is the date of the majority of the production, and are your properties mostly gas or a bit of both oil and gas (Coal can go both ways). I’m guessing you’re getting paid royalties for production in April now. If the volume/quantity of production on your check stub has not significantly reduced, then it’s all just the price drop the industry has seen now hitting. If there is also a significant volume reduction, then it’s likely they’re also shutting in wells that are marginal to produce (for them, after expenses are subtracted) at these commodity prices.

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