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Why is the oil price on your Royalty checkstub less than published rates?

Like most commodities, crude oil is produced in widely differing “qualities.” For example, much of the crude oil produced in the field contains sulfur – sometimes in very high quantities. To refine this high-sulfur crude oil obviously costs more than for what is termed “sweet crude oil” and this incremental refining cost is deducted from… Read More

October 20, 2013 • midstream/transportation, Oil and Gas, oil and gas royalties, Pricing, Uncategorized

Estate Planners
Individuals
Financial Advisors
& Trust Officers
Energy Industry
Professionals

John, you and Russ were so helpful and clear. You really assisted us with your knowledge and kind advice. We really appreciate it.

Anne and Jon, California

I can’t say ‘thank-you’ enough for all you have done, for all your time and effort on my behalf.

Martha Louisiana

Thank you for treating me fairly in this process. My family thanks you.

EdithOklahoma City

Thanks for all your help in this matter. I don’t think my sister could have made it through all this mess without your help.

JohnFlorida

Thank you for all your efforts to negotiate a successful deal between us…It was a blessing and a tremendous help.

Lyn, Texas

Thank you for working with us on this. You have helped us smooth out a very complicated issue for our client.

Danita, Washington

John, I received the copy of the filing papers for the oil leases. Thanks for all of your help.

Kathy, Virginia

Thank you so much for your part in cutting the law firm’s invoice down to a workable number…you and Russell Rudy are Remarkable in today’s market.… Read more

Rick, Texas

Thank you and John for everything…your company is great…so professional, helpful at every turn and so patient!!

Dani, New Mexico

John, thank you for sending the recorded deed transferring oil royalties. I, and my family, appreciate your assistance and guidance in this matter.

Barbara, Florida

Fast Fact:

Russell T. Rudy Energy LLC

The United States is the world’s second largest natural gas producer. Only Russia produces more. However, we are also the world’s fourth largest natural gas importer (behind Japan, Italy and Germany).

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Russell T. Rudy Energy LLC

The United States is the world’s third largest crude oil producer. Only Saudi Arabia and Russia produce more.

Russell T. Rudy Energy LLC

The United States is second only to China in coal production, and the fourth largest exporter (behind Indonesia, Australia, and Russia.

Russell T. Rudy Energy LLC

Hydraulic fracturing (fracking) technology has been successfully used since the 1940’s.

Russell T. Rudy Energy LLC

In spite of the shale gas boom, in 2011 the U.S. still imported about 8% of its natural gas consumption. The vast majority of these imports were via pipeline from Canada and Mexico.

Russell T. Rudy Energy LLC

Almost 76% of France’s electricity is generated by nuclear facilities, as opposed to slightly more than 19% in the United States.

Russell T. Rudy Energy LLC

Over 42% of U.S. crude and products imports are from Canada. Saudi Arabia is a distant second with less than half that much at 17%.

Russell T. Rudy Energy LLC

In 2011 world-wide oil production was approximately 87 million barrels per day, 17 million (about 20%) of which passed through the Straits of Hormuz. Fortunately, most of this was destined for markets other than the U.S.

Russell T. Rudy Energy LLC

There are more than 10 million natural gas powered vehicles in the world, but only about 1% of them are in the United States.

Russell T. Rudy Energy LLC

The top sixteen oil companies in the world based on reserves are all foreign and state owned. ExxonMobil is #17, BP #19, Chevron, Shell and ConocoPhillips are #’s 21-23.