What costs for drilling, completion, production, etc. can be charged to unleased mineral owners?

I have property in a unit with a well that went on-line last month and am unleased. I have sent certified letters to the operator asking for itemized cost reports and have only received statements showing tangible/intangible costs; nothing specific. Do I need a professional to audit cost reports, and if so, can someone recommend one? Thanks!

Views: 670

Reply to This

Replies to This Discussion

Based on what I have been told by those who have gone before you a would suggest you place a limit on the amount of money you are willing to spend to accomplish your objective before authorizing the professional to represent you and have a clear understanding all charges including expenses they expect the client to pay for the services rendered.  In this case Goliath is wearing a helmet.  I can give you names of others in the same situation if can be of help as I do support you and understand the frustration you feel.

RSS

Support GoHaynesvilleShale.com

Blog Posts

The Lithium Connection to Shale Drilling

Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…

Continue

Posted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40

Not a member? Get our email.

Groups



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

Badges  |  Report an Issue  |  Terms of Service