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Permalink Reply by Skip Peel - Mineral Consultant on July 25, 2024 at 7:42

Most operators of Haynesville units don't own all the working interests.  This is especially true where wells in production before the Haynesville Play were holding old leases in force but also in units covering sections with no current or historic production when the Haynesville kicked off.  Unless you are familiar with researching title records, you'd likely need an experienced landman or O&G attorney.  There is no way to do a simple search for Working Interests in a well.  Chesapeake knows who the other Working Interests are if you can get them to divulge that information.

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Permalink Reply by RONNY on July 26, 2024 at 5:30

Thanks for your reply Skip.  I believe Louisiana mineral code was revised a few years back to require the operator of record to pay royalty holders when they were leased by someone other than the operator and not being paid.  Does anyone know the particular statute that deals with this issue?  Thanks

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Permalink Reply by Skip Peel - Mineral Consultant on July 26, 2024 at 8:28

Click the link and read the article.

Louisiana’s “Risk Fee Statute,” La. R.S. 30:10

Louisiana Legislature to Consider Amendments to Forced Pooling Regime Requiring Operators to Pay Lessors of Nonparticipating Working Interest Owners Directly

https://www.theenergylawblog.com/2023/04/articles/business/louisian...

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Permalink Reply by RONNY on July 26, 2024 at 11:01

Thanks so much Skip.

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