McCabe Land Company LP
Overview
Review the contract terms, the discrepancies identified, and the original records supporting each issue.
Documented charges
Deductions charged to MLC
$276,682.60Non-tax owner costs after credits. Repayment depends on the governing lease and period.
Finding & evidence Conditional estimateAddie royalty-rate discrepancy
$46,199.43Eligible Addie gas and gas-derived royalties reconstructed at 12.5% versus the 14% modification.
Finding & evidence Investigation amountUnexplained revenue difference
$288,322.15Property gross × paid decimal differs from owner gross. Cause and recoverable portion are unproved.
Finding & evidenceSeparate amounts; no combined recovery total. Taxes, additional interest and uncalculated claims are excluded.
Start with the documents
All 145 files2016 Doddridge modification14% royalty, no-cost language and pooling authoritySummary2013 Ritchie modification13.5% royalty and separate depth limitsSummary75-acre lease · LB154/P376Original lease, 2010 pricing terms and later modificationAbstractAddie amended declarationComplete copy; acreage and timing questionsSummaryMLC ownership scheduleJanuary 2016 · working ownership inputsPDFRoyalty calculation ledger14,298 lines with statement and page referencesCSV
Statement coverage · 80 payments · 2016–2026
2025 has 12 distinct payments. 2026 covers January–March. Payment coverage and well production coverage are separate.