question regarding unleased land charges for plug and abandon costs
Happy Thanksgiving everyone. We have some unleased land that has a well that has been plugged and abandoned and the producing company has sent us a large bill for our portion of the cost, is this common practice?
Chuck
Views: 236
Replies to This Discussion
-
Permalink Reply by Skip Peel - Mineral Consultant on -
If you are the lessor (leased owner of the minerals), no. If you are a Working Interest in the well, probably. I am much more familiar with the rights and obligations of lessors and unleased mineral owners. We have members that could probably answer from experience and maybe one of them will chime in. Did you receive an AFE (Authorization for Expenditure) prior to the P&A?
Support GoHaynesvilleShale.com
Top Content
Blog Posts
The Lithium Connection to Shale Drilling
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
ContinuePosted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40
Not a member? Get our email.
Groups
-
San Augustine, TX
386 members
-
Miller County, Arkansas
27 members
-
Sabine Parish, LA
455 members
-
South Caddo Parish Group
440 members
-
Natchitoches Parish
400 members
-
Bienville Parish, LA
244 members
-
Fayetteville Shale
149 members
-
North Caddo Parish
358 members
-
Central Texas Gas
63 members
-
Cass County, TX
119 members
© 2024 Created by Keith Mauck (Site Publisher).
Powered by
