Hello! I hope the site is a place for you to learn, network and contribute. My name is Keith and I started the site in June of 2008 to open up lines of communication between landowners. Since then, we have grown to over 10,000 members.
Be sure to read up on how to navigate the site HERE. This will help you get the most out of the site.
Lastly, be sure to check out our BLOGS and contribute when you so desire. This site is a network of many voices and we need your's added to the mix.
As a member, should you ever be on the recieving end of crudeness, rudeness or spam, let me know. The site is a peered monitored site and we need your assistance.
Do you own 100% of the minerals in the unleased tract? If so, it should not be included in the unit. If not, if the operator has leased any of the other interests in the tract, it can pool the entire tract.
The question then becomes - is the well on the tract or another tract in the unit? If the well is on your tract, you are an unleased co-tenant and am entitled to your entire share of the production after pay-out minus operating expenses. So, if you have a 1/2 interest in a 100 acre tract and the well is on that tract, you are entitled to 50% of the well's production after pay-out minus operating expenses. But if the well is not on your tract, you are not entitled to anything from it.
It is true that operators' accounting is certainly going to have the operator over the unleased co-tenant but "funny math" will only get the operator so far. The State doesn't offer any specific protections for this situation above what the law already affords - suits for conversion, accounting, etc.
Feel free to message me personally if you would like to discuss this further.
Keith Mauck (Site Publisher)
Check out current discussions HERE.
Be sure to read up on how to navigate the site HERE. This will help you get the most out of the site.
Lastly, be sure to check out our BLOGS and contribute when you so desire. This site is a network of many voices and we need your's added to the mix.
As a member, should you ever be on the recieving end of crudeness, rudeness or spam, let me know. The site is a peered monitored site and we need your assistance.
best,
Keith "Haynesville"
Site Publisher
P.S. Have fun SHALING!
Jun 29, 2009
Eric Camp
Do you own 100% of the minerals in the unleased tract? If so, it should not be included in the unit. If not, if the operator has leased any of the other interests in the tract, it can pool the entire tract.
The question then becomes - is the well on the tract or another tract in the unit? If the well is on your tract, you are an unleased co-tenant and am entitled to your entire share of the production after pay-out minus operating expenses. So, if you have a 1/2 interest in a 100 acre tract and the well is on that tract, you are entitled to 50% of the well's production after pay-out minus operating expenses. But if the well is not on your tract, you are not entitled to anything from it.
It is true that operators' accounting is certainly going to have the operator over the unleased co-tenant but "funny math" will only get the operator so far. The State doesn't offer any specific protections for this situation above what the law already affords - suits for conversion, accounting, etc.
Feel free to message me personally if you would like to discuss this further.
Best,
Eric C. Camp
Jun 30, 2009