Petro-Chem Operating & AIX
It looks like Petro-Chem Operating is taking over many of AIX's wells in Claiborne Parish.
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Permalink Reply by William M. Dickson on
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AIX and NextEra were partners in the Claiborne Parrish wells. In August 2014 they divided up the wells, with AIX to continue to operate them. In early 2015 Petro-Chem took over operation of the NextEra wells with Petro-Chem being responsible beginning in March 2015.
I am speculating here, but I assume NextEra switched to Petro-Chem because AIX was not paying royalties to the landowners. AIX still owes us for royalty payments from November 2014 to February 2015.
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