Is there any way to find out all the owners in a particular well?
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As with almost everything related to O&G, it depends on the specifics. In LA every well and unit has a recorded plat. Excepting units with a considerable number of very small tracts, such as residential lots, the plat includes the tracts constituting the unit and the owner of each at the time the document was approved and placed on file or in the database by the state. Obviously that was a snap shot in time and does not reflect any later conveyances.
If you know the name of the well, the location by section-township-range and/or the serial number, post it.
A little. Do you know approximately when it would have been drilled?
The operator of the well would help also.
That's more like it. I'll get back to you.
Use this link, go to the last page which is the plat. Zoom in and read the names of the tract owners. There are some very small interests that are not listed on the plat. You can also go to the District 6 office on Fairfield Ave. in Shreveport and make a copy of the paper record on file there. That record will include the Interested Party list that will have all the names and their addresses that were considered current at that time.
http://ucmwww.dnr.state.la.us/ucmsearch/UCMRedir.aspx?url=http%3a%2...
I was told that they cannot disclose the owner of wells, however by doing a little research on my own and with a tremendous amount of aid from some of the 'smarter' people on this site, I have been able to uncover the majority of owners involved. Then I take that information to the County offices and uncover the land holdings or mineral that that person owns.
However, I still cannot always figure out the percentage of the well to match what some of the leasing companies say it is. Several times I have been 'dead on' with the figures... other times the Leasee says my share is far under my calculations. And more often than not, the amount it is off is because other family receive more or less than on other wells even while using the same calculation figures. We did have one that was WAY off on the part of the Leasee (Drilling/well operator) where on a 640 acre plat that our family held the majority of, yet the Leasee was only giving us a small percentage (0.00025) for our Royalty share. After hammering them multiple times, they said they found an 'error' in their books and adjusted to the correct percentage stating they had reversed who owned what. The correction actual amount was far more (0.025) and immediately cut us checks to correct. I always was left wondering if they really made an error or if they just hoped we wouldn't catch on.
If you do find out a quicker way, please bring me on board because the way I did it took almost four months and hours of work.
Darnetta:
1) Is the property under lease, or is it unleased?
2) Have you filed successions on the property that would create a continuous chain of ownership from the original family purchasers (great-grandparents or great-great-grandparents) down through all children, grandchildren, nieces, nephews, cousins, etc.?
If the well has not reached payout, that revenue could be paying for inflated well costs. Until you get a sworn statement of costs from the company, you won't know the true cost of drilling and establishing production. Then there is the matter of operating costs
Cheap shot:
True, but if the company does not possess sufficient evidence that one is an owner (merely saying so without the backing of record title is not enough), the company is not going to release that information either. Statutes provide for that data to be provided to an owner upon notice given by certified or registered letter, not just anyone. If this is the case with Darnetta, sending a request or demand at this stage will just result in a letter back saying (rough paraphrasing) "we don't show you as an owner, upon supplying proof through documentation that you are an owner, we'll be more than happy to send you the requested information". Only after receiving the statement can one begin to evaluate as to whether costs are justified, inflated, conflated or otherwise.
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