Replies to This Discussion

Permalink Reply by J B Nabors on November 25, 2011 at 9:33

First: The lease on the 20 acres of severed mineral ownership ***may*** not have prescribed. If any well was Initiated--with the serious intent of mineral production--prior to the 10-year prescription of MO2's mineral ownership, the prescription is interrupted and must start anew. You may need to review your lease carefully to determine what constitutes "Drilling operations".

Second: if MO2's mineral ownership has prescribed, it would seem likely that MO1 would effectively hold two leases--the one he signed on his 20 acres, and the one MO2 signed on his severed 20 acres. The terms of the two leases may be identical, or they may bear no similarity to each other.

Permalink Reply by James on November 25, 2011 at 9:54

I checked SONRIS and didn't see any wells in the adjacent sections on all four sides so I should be in good shape.  The section in question is T8N-S15-R12W.  I'm pretty sure both leases are identical.  Thanks for the reply, I really appreciate it.....