camterra leased my 6 acres and a well was drilled

we got a check for jan.,feb,march, april and may in june 2010. then the next one

was for 2 months. and next 1 was for 1 month. then camterra sold some of their wells to

newport. we missed a month. then we got 2 more checks from cheaspeake.

then in jan. 2011 we got a 5.83 check and a letter telling us that we are"shut in"

from jan. 2011 to jan 2012. no more checks for a year. the reason being that the

well is prevented from producing due to lack of market. this little check is to

hold our lease for this year that they specify. my neighbors and i are not cashing

this check or signing and sending this agreement back to them. (they said to do

so right away. but neighbors are checking in to it.

 

is there anyone else in the area of sect.1 15n 14w experiencing the same thing??

please let me know what you know about this "shut in" and how many more

cheasapeake has done this to. This was helping us supplement our little

social security income. PLEASE LET ME HEAR FROM YA'LL. THANKS

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Permalink Reply by Linda Whatley on January 28, 2011 at 15:00

Leatrice,

 

Your topic has already been discussed in the DeSoto Parish Group.  It appears there is a problem with the pipeline/ gathering lines, and Chesapeake is working to fix the problem.   The shut in royalty is for a year, but it probably won't take that long.   Hopefully, they will have everything up and running before too long...

 

Linda 

Permalink Reply by CypressKnees on January 29, 2011 at 2:32

Hello, Leatrice-

That information about the discussion group in Desoto parish from Linda is very helpful.

Are you in Desoto parish?

It is very interesting that the reason you were given for the shut-in was lack of market-seems as though there are varying reasons? But all are Camterra?

This website is wonderful because information is shared-thank you Mr. Mauck, et al!

Permalink Reply by LEATRICE M. KAY on January 29, 2011 at 13:11

Thanks Linda and Mr. mauck,et al!

Hoping and praying that it won't take long. But something smells mighty fishy!! Linda,

did you get a little (as in  $5.83, and did you cash.) because some people says that if you do,

then your lease could extend to 3 more years. LETS HEAR FROM ALL THAT GOT A TINY CHECK

AND WANT YOU TO" DEPOSIT AND RETURN SIGNED CONFIRMATION AT ONCE." EVERY BODY

HELP!!!! THANKS LEATRICE

Permalink Reply by LEATRICE M. KAY on January 29, 2011 at 13:18
YES I AM IN DESOTO PARISH. SECT. 01/15N/14W.
Permalink Reply by Linda Whatley on January 29, 2011 at 16:19

Hi Leatrice,

 

I don't have anything in Sec l T15 R14, but my cousin does.  He received a shut in royalty payment of $4.17 for his 4.17 acres.  His lease allowed a $1.00 per acre for shut in royalty, so that's what he got.  They have to pay you for one year even if it doesn't take a year to fix the problem.  Just hang in there and the gas will be back up and running before you know it.

 

Good luck to everyone who has been affected by the shut in.

 

Linda

Permalink Reply by LEATRICE M. KAY on January 30, 2011 at 5:45

THANKS LINDA

Permalink Reply by Skip Peel - Mineral Consultant on January 31, 2011 at 3:02
Leatrice, you are confusing a shut-in payment with an extension clause.  As production has been established an extension clause, if one existed, would be moot.  The payment you receive and the length that the well may be shut-in are specified in your lease.  There will be a separate "Shut-in" clause.  If you do not understand it, post it here so we can help you understand it.
Permalink Reply by MLE on January 31, 2011 at 5:42
Exactly. I would guess, Leatrice, that your tract is 5.83 acres and you are being paid $1 per acre for a shut in well.

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