Replies to This Discussion

Permalink Reply by Debbie Bartolo on February 14, 2021 at 10:35

I just found this on this website. As I am new to this site and not very familiar many of its functions. I do receive a check from Comstock. As I inherented, I know my Mom used to receive from Chesapeake. Feel free to respond at anytime. I will try to check frequently. 

Permalink Reply by Skip Peel - Mineral Consultant on February 14, 2021 at 10:47

Debbie, kudos for exploring the website.  There are many group pages with good information.  By scrolling through all the Groups, in the far right column, lower page, you can review which might be of use to you.  Most drilling units have an operator and one or more Working Interest individuals or companies.  Working Interest owners hold leases from mineral owners.  They are termed, Lessees.  Mineral owners are lessors.  Working Interests have the option to have the unit operator pay their lessors or pay them their selves.  Smaller companies like Enduro, mentioned in the discussion title, often choose to have the unit operator pay their lessors.  It is less usual for larger operating companies such as Chesapeake and Comstock to split the royalty payments.  Some units, and their lessors, received royalties from Chesapeake, then from Covey Park after that company acquired the unit from Chesapeake and finally from Comstock that acquired Covey Park's units.  So, details matter.  If this doesn't answer any question you may have, post another.