Lease Capture

Can someone please help shed some light on the situation below:

 

I recently had a gas lease expire, so I thought,  at the end of 5 years without any activity. I later found out that  the acreage has been "captured" as a part of a larger, neighboring pool that does have a producing well.  

I continue to be listed as an unleased member of that new producing pool. 

 

I'm confused about my status in the new pool. 

 

Am I correct that my lease continues as it is now part of a new pool that has a producing well? 

 Am I leased or not? State paperwork shows me unleased but I have also been told that the acreage was captured in the new pool. 

  Am I entitled to participate in royalties?

 

 

Thanks in advance for any information.  


 

Views: 289

Replies to This Discussion

Permalink Reply by JR in VA on June 29, 2013 at 13:30

Let me clarify one point that becomes confusing in this.

I was originally shown as unleased in the producing pool, along with having my five year lease on adjacent property. Now, my acreage has been added to the producing pool where I was always listed as unleased.

What is my status if I have traditionally been shown as unleased, but have now been captured by the same pool?  

 

Permalink Reply by Andrew on June 29, 2013 at 15:54

JR, 

Post or message me the name of the unit in question and I could give you a more specific answer.

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