Mary C's Discussions
Gloster Louisiana
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Started this discussion. Last reply by danny meyers Oct 8, 2008.
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Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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Force pooling is just a way to account for all of the mineral owners within a "unit". If you are leased you will be paid royalties from a well that produces in the unit. If you are not leased you will be paid your pro-rata share of the proceeds from the well after expenses. Several of the experts have stated that if you are unleased you will need to keep a closer eye on the company to make sure that the items they are claiming as expenses are valid.
I hope this helps.
GOOD LUCK!