Question We have a producing oil well in Burke County, ND. We started getting checks in the amount of $4200 - 5700 per month. In March it was only $2200. Is this normal? The well has only been active for 10 months. Will be see a rebound?
It depends on the well. Generally, they produce a lot at the beginning and taper off. Sometimes production will fall due to maintenance to the well, or the timing of the truck that hauls the oil away or other reasons. Unfortunately, I don't know enough about your particular well to know exactly why the royalty check was less this month.