Can I Be Shut Out of a Gas Unit?
If I don't lease to a company in East Texas, and they drill a gas well they tell me that I will be shut out of the production and will not receive any royalties.
I heard that in some states that I would receive 100% of my royalties, but they say that in Texas, I would not receive any percentage.
Is this true?
If it, is, then I would have to lase for a small bonus.
Please respond, I need your help.
I heard that in some states that I would receive 100% of my royalties, but they say that in Texas, I would not receive any percentage.
Is this true?
If it, is, then I would have to lase for a small bonus.
Please respond, I need your help.
Views: 14
Add a Comment
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Comment by TXsharon on February 26, 2009 at 12:28 -
If they drill under you, they have to pay you royalties. They use that threat to get people to agree to their terms. Please see a good oil and gas attorney. Please make sure you have provisions in your lease to protect the land and water.
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