Replies to This Discussion

Permalink Reply by Steve P on August 23, 2010 at 7:33

I'm in a similar situation with a well that began producing in March. My understanding is that there are not enough O&G attorneys available to meet the demand for doing Divison Order Title Opinions, so there's a huge backlog. You can always make demand for payment, but that isn't necessarily going to speed things up.

Maybe somebody else on this site has other ideas.

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Permalink Reply by linda on September 10, 2010 at 11:20

What do you mean by Division Order Title Opinions?

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Permalink Reply by Two Dogs, Pirate on September 10, 2010 at 12:23

Linda, the abstractors go in and do a complete run of the land and mineral title, that goes to the examining attorney to render a title opinion, a division order is made from the title opinion. If the title opinion has open holes then a landman goes in to try to fix the holes in title. If the holes can't be fixed then the royalty payments will be put in a suspended mode.

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Permalink Reply by The_Baron on August 23, 2010 at 7:35

here we go again, try using the search feature, this has been discussed amy times at length

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Permalink Reply by JD on August 23, 2010 at 9:52

T1, Look at the Petrohawk.com website. There is a landowner link. On that link you will find their royalty hotline phone number as well as their email address. You should probably have the well serial # handy.

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Permalink Reply by Trickyone on August 23, 2010 at 9:59

I did that a week or so ago. If you call, you won't get a person, only a voice mail that says it will take up to 90 days (!) to respond. I sent an e-mail and haven't heard anything. The e-mail contained the serial # as well as the API number. The real punch line to this (not funny) joke is that the title work was all done 3 months ago--I helped the lady doing the work put the last piece in the puzzle. My main question should have been "Who can you call to put pressure on the Company to turn loose of the money they owe royalty interest owners?" Thanks for your try at a helpful response. More than some people are doing, if you look at the post before yours.

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Permalink Reply by smith1 on August 23, 2010 at 10:33

Just go to TALK SHALE at top of the page and do the search for royalty payments and you should get many responses/helpful replies. I do this all the time and it is a fabulous feature.

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Permalink Reply by Trickyone on August 23, 2010 at 11:15

Thank you!

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Permalink Reply by keb on August 23, 2010 at 11:21

Trickyone, this wouldn't happen to be a well in section 32 would it?if i may ask, how long ago did you sign your lease agreement and for how much. we are in the process and want to know how much they are offering at this time.

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Permalink Reply by Trickyone on August 23, 2010 at 11:27

No, it isn't. The lease was signed a few years ago before the bonanza! Good luck in your negotiations.

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Permalink Reply by Two Dogs, Pirate on August 23, 2010 at 11:47

The work that the abstractors do goes the the attorney doing the title opinion. Problems will be tagged and sent back to the landmen to fix. This may go back and forth a couple of times. Attorneys have to get the deal right, this is not a real estate abstract, it is a mineral and real estate abstract. This is the chance for the attorney to make a mistake that could cost millions of dollars and ruin the reputation of the attorney.

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Permalink Reply by Trickyone on August 23, 2010 at 12:04

Understood and you're correct as far as the statement goes. However, I haven't heard from either the landman or the lady who did the title work. It would obviously be disastrous to pay someone royalties who didn't own them. However, I know the title work that was done was for the minerals, not just the surface real estate. Not only that, but basic title work is done when the lease is signed. It really seems to be just a matter of covering the title from the time the lease was signed 'til production commences. Everyone is busy, if you know what I mean. I know I am even though I've spent a good bit of time on this board today! It looks like one of those little loopholes that allows the operators to hang on to all the money--instead of only most of it--for an undetermined length of time. Thanks very much for your input.

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