Seismic survey on my property - future well?

CGG Veritas wants to do a survey on my property.  I have the agreement to sign, which is fine. They are giving me $15 per acre + damages.  My question is, if this survey results in a well being built on my property, what should I be aware of as far as a fair bonus and monthly payments from the well being on my property?  I will still get royalties for the mineral rights, but isn't this something completely different that would require a different contract?  Surface rights?  I don't know how all that would work.   

Views: 312

Replies to This Discussion

Permalink Reply by stephen c. robinson on October 18, 2010 at 11:14
cgg did a 6 hole charge on our property paid $80 /hole about 6 months later we got an offer for a pad site we did our homework and now we have a well on one corner also follwed with an row agreement, two nice checks, been in prod. for about 67 days turned to sales; no flow data yet on sonris. waiting on a check. been about a year since the cgg initial contact
patience is the key

RSS

Support GoHaynesvilleShale.com

Top Content 

1 "Rebalancing Volumes"

"Rebalancing Volumes"
2 BPX hits it out of the park with 3 Bossier Parish CULs

BPX hits it out of the park with 3 Bossier Parish CULs
3 Lithium Brine Lease letter from Red Oak East, LLC - Location Cass County, TX, near Naples, TX

Lithium Brine Lease letter from Red Oak East, LLC - Location Cass County, TX, near Naples, TX
4 Texas Smackover Lithium Play

Texas Smackover Lithium Play
5 Tariffs, Financial Uncertainty Complicate Data Center Development

Tariffs, Financial Uncertainty Complicate Data Center Development
6 Why powering data centers with gas fired electricity comes with problems

Why powering data centers with gas fired electricity comes with problems
7 Watch Skip Peel's Interview with the University of Minnesota on the Haynesville Shale

Watch Skip Peel's Interview with the University of Minnesota on the Haynesville Shale

Blog Posts

Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

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…

Continue

Posted by Char on May 29, 2025 at 14:42

Not a member? Get our email.

Groups



© 2025   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service