Well folks, We have had issues with Chesp off & on. They resolved one in that they were taking prod costs out & was not in our lease...they corrected WHEN WE CALLED IT TO THEIR ATTENTION & refunded us. Next, there was some less % they pulled out of the next checks & said it was something with partners & would not last long-nothing we could do! Then, we found out that they are selling the gas to their own entity! Thus, we get lower prices because they sell to their entity cheaper! There was nothing we could do about that either because it is LEGAL in LA like other questionable practices are. LESSON LEARNED...don't do business with Chespeake. However, we didn't lease to them, we leased to Sendero and lease was sold to Chesp. so we had no control over it. If a class action would do it, we would join it!
ALSO, production seems to be slowing in the Haynesville Shale or at least our check this mo was 2/3 less than last mo. Oh well, was good while it lasted. SAM
Tags:
Replies are closed for this discussion.
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
10 members
688 members
246 members
359 members
121 members
193 members
146 members
400 members
101 members
150 members
© 2025 Created by Keith Mauck (Site Publisher).
Powered by
h2 | h2 | h2 |
---|---|---|
AboutAs 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 |
Links |
Copyright © 2017 GoHaynesvilleShale.com