What is going on with Telluron and what does it mean for land owners

I have interest in six wells in section 25-14N-10W in Red River parish. Telluron has been the operator but now we started receiving paperwork from BPX.. now we are hearing Athion is buying Tellurium out ?! I have not received a deposit this month for march production as well as other family members . I checked sonris and clearly all of the wells had nice production . I have called Telluron several times and left messages but no return call as of yet . Anyone that can shed some light on this very confusing situation would be greatly appreciated .

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Permalink Reply by Skip Peel - Mineral Consultant on June 1, 2024 at 2:35

What was the nature of the paperwork you received from BPX?

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Permalink Reply by Lisa Weaver Smith on June 1, 2024 at 10:26

W-9

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Permalink Reply by Lisa Weaver Smith on June 1, 2024 at 10:34

We received a paper check this month and last month for operator fees ? I called BPX because didn’t know why we received it anyway I was told we would still receive another check for NG from Telluron. So not sure what is going because neither is very forthcoming with information.

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Permalink Reply by Skip Peel - Mineral Consultant on June 1, 2024 at 12:25

I don't see anything in the well history that might explain this. And I've never heard of a payment to a mineral lessor for operator fees. Getting a straight answer out of any of these companies can be like pulling teeth. I suggest that the next time you call, get a name and an email address. That way you have a record of your communication.

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As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More

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