September 4, 2017   updated Feb 6, 2018

Hello people interested in the Keyser Partnership.
The following is an analysis of revenues over the last year from our best producing properties.
We have 3 wells in Culberson County Texas: Bronco, Bronco 2H, and Harrier. 
These wells are all operated by ConocoPhillips and the well operator pays us our royalty.
We are typically paid once per month for production that has been recorded in the last month.
ConocoPhillips [CP] cuts their check on the 25th of the month.

Over the last year, from September 2016 to August 2017 we have seen the revenues drop by half. (Jan.: Fortunately we have seen a significant rebound in the last 2 months, November and December 2017. )

Notice that the biggest month is November 2016, when we had a check for over $11,000. (Above graph is stacked so total revenue is represented at the top of revenue from all products)

For the purposes of this analysis, the following data is in percent using Nov. 2016 as the reference point, 100%.
In other words, all months are expressed as percent revenue and percent volume with November  2016 = 100%.
Over the last year the prices have been about the same (Jan: Oil is up.) The drop in revenue is volume related. Here's the volume line added:

Culberson Co rev by product
Culberson Co rev and volumes

In September, I contact CP with regards to the drop in volume and they felt is represented a normal decline curve for horizontal wells. CP said they were struggling and did not anticipate stimulating the wells.