I have read a lot on here and it clears up some questions, but I wish someone could tell me what to expect here.

My M-I-L owns a very small, .1 acre lot, in Keithville. The land was never leased, but now CHP has a well under it, on line and producing . I talked with her neighbor and she said, she got a letter from CHP saying that in January they would receive papers explaining the royalty payments they could expect to start getting soon. A land man representing CHP called me this week wanting to lease the property for $100 an acre, so she would get ten bucks and 25% royalties. I just told him no, force pool her. Now I don't know what I have done.

Will she get more royalties being forced pooled?

Am I right she won't get anything until the well is paid for?

We don't have any paperwork with CHP now, what can we do to make sure she gets something?

I just thought with only a 10 buck bonus, it might be better to just wait it out and see if she wouldn't come out better this way. This is the well off the Mansfield road near the Keithville cemetery. T16 R14 S28 i think

There isn't enough to made off this tiny property ether way to justify going to a lawyer, so I am coming here to seek what ever advice you all might have to help her get as much as she can.
Thank you for all help.

Tags: force, pooling, royalties

Views: 189

Reply to This

Replies to This Discussion

not 100%, 100% less expenses and supervision.

RSS

Support GoHaynesvilleShale.com

Not a member? Get our email.

Groups



© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service