How often do the oil and gas productions get announced?
I think horizontal wells are updated quarterly and vertical wells annually, sometime in March.
I am still new at this, when do they normally send monies aka royalties to the “owners” of the rights? Tyia
Royalties come when companies have enough money to send. For a small interest, it might be yearly. For a large interest, it probably will be monthly. If you have in your lease that it needs to be sent on a certain schedule, then that should be what happens.
I think there might be a new law about payment of royalties but am not sure.
I was answering your question above about the schedule for when the companies report the amount (volume) of gas, oil, and natural gas liquids to the state of WV.
Thank you so much!! Getting answers from the company is like finding needles in a haystack.
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