How long can a operator hold lease after older well is shut-in? Question for Ben or anyone - GoHaynesvilleShale.com2024-03-29T01:29:33Zhttps://gohaynesvilleshale.com/forum/topics/how-long-can-a-operator-hold-lease-after-older-well-is-shut-in?groupUrl=knowyourrightstexasminerallaw&feed=yes&xn_auth=noAlvin,
"We have some wells on…tag:gohaynesvilleshale.com,2012-06-11:2117179:Comment:25746102012-06-11T15:31:50.718ZBen Elmorehttps://gohaynesvilleshale.com/profile/BenElmore
<p>Alvin,</p>
<p>"We have some wells on our place that aren't in production anymore, but are in a unit." Do you mean to say that your lessee is claiming to hold acreage in that unit with non-producing wells? That doesn't make sense. Only way to hold unit acreage/leases is with actual production or constructive production via shut-in payments. </p>
<p>Alvin,</p>
<p>"We have some wells on our place that aren't in production anymore, but are in a unit." Do you mean to say that your lessee is claiming to hold acreage in that unit with non-producing wells? That doesn't make sense. Only way to hold unit acreage/leases is with actual production or constructive production via shut-in payments. </p> Units do not hold leases in f…tag:gohaynesvilleshale.com,2012-06-11:2117179:Comment:25744712012-06-11T12:39:50.973ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Units do not hold leases in force without producing wells or wells which are shut-in and making shut-in payments under the terms of the lease. </p>
<p>Units do not hold leases in force without producing wells or wells which are shut-in and making shut-in payments under the terms of the lease. </p> Sorry I miss that post. Glad…tag:gohaynesvilleshale.com,2012-06-11:2117179:Comment:25741362012-06-11T03:31:06.396ZAlvin T. Kmiechttps://gohaynesvilleshale.com/profile/AlvinTKmiec
<p>Sorry I miss that post. Glad they terminated it. Some companies will hold on to it so they can go back and drill new well under the same lease. We have some wells on our place that aren't in production anymore, but are in a unit. Back when these wells were drilled they was given an 1/8 and now I hear 1/4-1/5 interest.</p>
<p> </p>
<p>Sorry I miss that post. Glad they terminated it. Some companies will hold on to it so they can go back and drill new well under the same lease. We have some wells on our place that aren't in production anymore, but are in a unit. Back when these wells were drilled they was given an 1/8 and now I hear 1/4-1/5 interest.</p>
<p> </p> My comment was in reply to Al…tag:gohaynesvilleshale.com,2012-06-11:2117179:Comment:25743032012-06-11T02:57:42.954ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>My comment was in reply to Alvin's above.</p>
<p>My comment was in reply to Alvin's above.</p> Skip--- see my post of May 28…tag:gohaynesvilleshale.com,2012-06-11:2117179:Comment:25742942012-06-11T02:23:53.200Zadubuhttps://gohaynesvilleshale.com/profile/adubu
<p>Skip--- see my post of May 28 :) have released since CHK lease terminated after 90 days of no activity</p>
<p>Skip--- see my post of May 28 :) have released since CHK lease terminated after 90 days of no activity</p> And if the well is indeed a u…tag:gohaynesvilleshale.com,2012-06-10:2117179:Comment:25737092012-06-10T12:49:42.283ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>And if the well is indeed a unit well, "they" will have to pay the mineral owner's proportionate share of production down to that last drop.</p>
<p>And if the well is indeed a unit well, "they" will have to pay the mineral owner's proportionate share of production down to that last drop.</p> It would also be good to chec…tag:gohaynesvilleshale.com,2012-06-10:2117179:Comment:25736192012-06-10T05:41:18.052ZAlvin T. Kmiechttps://gohaynesvilleshale.com/profile/AlvinTKmiec
<p>It would also be good to check and see if the well has been unitizatize. If so they can hold it unit ever drop is gone. Here is something to check on about unitization. <a href="http://library.findlaw.com/2003/Jan/30/132512.html">http://library.findlaw.com/2003/Jan/30/132512.html</a></p>
<p>It would also be good to check and see if the well has been unitizatize. If so they can hold it unit ever drop is gone. Here is something to check on about unitization. <a href="http://library.findlaw.com/2003/Jan/30/132512.html">http://library.findlaw.com/2003/Jan/30/132512.html</a></p> very nice.tag:gohaynesvilleshale.com,2012-05-29:2117179:Comment:25616232012-05-29T13:12:34.976ZBen Elmorehttps://gohaynesvilleshale.com/profile/BenElmore
<p>very nice.</p>
<p>very nice.</p> Ben--- have released my acrea…tag:gohaynesvilleshale.com,2012-05-28:2117179:Comment:25609212012-05-28T17:00:20.044Zadubuhttps://gohaynesvilleshale.com/profile/adubu
<p>Ben--- have released my acreage in the unit with XTO---$1200/20% royalty free---:)-- they will drill a Bossier shale by 3rd year of lease I am sure.</p>
<p>Ben--- have released my acreage in the unit with XTO---$1200/20% royalty free---:)-- they will drill a Bossier shale by 3rd year of lease I am sure.</p> thanks for info
--- Hope you…tag:gohaynesvilleshale.com,2011-12-01:2117179:Comment:22247702011-12-01T20:56:25.828Zadubuhttps://gohaynesvilleshale.com/profile/adubu
<p>thanks for info</p>
<p>--- Hope you have Merry Christmas</p>
<p>thanks for info</p>
<p>--- Hope you have Merry Christmas</p>