Hello, I recently took over ownership of my mothers royalties from a well in the Desoto-Parish area, I have a question about leases. Can terms be renegotiated after a certain period? Or are they locked in. Our well has been passed to at least three different companies. I'm not even sure how to see the original contract at this point. Any help would be appreciated.
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As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More