"Thanks for clarification. There is a wealth of info on SONRIS but hard to understand and navigate for an amateur. "
Quattro's Discussions
Mineral Prescription scenario
5 Replies
Started this discussion. Last reply by Skip Peel - Mineral Consultant Aug 14.
Two Questions - Prescription/Reversion of minerals and ownership of pad sites
6 Replies
Started this discussion. Last reply by Quattro Sep 4, 2023.
A few questions
16 Replies
Started this discussion. Last reply by Quattro Oct 28, 2022.
Quattro's Page
Latest Activity
"The section map says “Mid-Bossier Proposed Laterals”.
Not sure if this link will…"
"If I am reading correctly, (and there is a better than average chance I am not) it looks like Chesapeake has a permit for a couple of mid- Bossier wells in section 30 & 31 11N 12W. JUR RA SUG and JUR RA SUF. In May (they slightly amended…"
"Same here showed up pending on Friday."
"I am interest to hear where mid-Bossier is relevant.
My family has several smaller tracts in Desoto.
One tract is relatively undeveloped for Haynesville.
Another near where I believe mid-Bossier was recently permitted."
"Thank you both for the reply.
Skip I got my answer. I went back and reviewed. I missed a small amount of production in 1997 from one of the “old” wells that would have reset prescription. Scrolling on an ipad too…"
"Absent any other oil and gas activity, the minerals will prescribe to the current surface owner 10 years after the reservation.
So on June 16, 2003, Party C will own 100% of the minerals in your scenario. "
Mineral Prescription scenario
Who would own the mineral rights in this scenario:Party A sells a 10 acre tract of land to Party B on June 15, 1993.At the time of the sale, Party A owns 100% of the mineral rights and there is no production since 1982.As a part of the sale of land Party A conveys 1/2 of the mineral rights to Party B.So at June 15, 1993 Party A owns 50% of the mineral rights and Party B owns 50% of the mineral rights and the surface tract.On April 1, 1995 - Party B sells the 10 acre tract and conveys their 50%…See More
Comment Wall (1 comment)
- At 14:32 on June 1, 2023,
Skip Peel - Mineral Consultant said… You can email me at hpeel@haynesvilleminerals.com
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