Does anyone know the reason that CHK, took over as operator in Sec 28 16N-10W.
Unit was granted to HK last year and Permit was originally submitted by HK. Last information on Sonris, ChK is operating well.
If lease agreement is with HK, who is responsible for royalty payments?? Any help appreciated.
Larry T
Views: 74
Permalink Reply by Les Bamburg on Larry, the operator has changed for several units for various reasons.
Petrohawk has primary responsibility to pay lessor royalties. The lessee (Petrohawk) can enter into an agreement with the unit operator to make royalty payments to Petrohawk's lessors on their behalf - essentially acting as the lessee's agent.
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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