I have a letter from an operating company in Shreveport asking that I sign ratification of an oil, gas, and mineral lease dated June 23, 1940. The minerals are located in Caddo Parish, Pine Island. I've never seen anything like this before. What is it?
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I suspect that the royalty is going to a family member, likely a mother or father. Or that person is recently deceased and the operator is asking for a ratification prior to changing their pay deck to pay the new owner (heir). That would comport with the ratification instruments I see in the public record.
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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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 |
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