sarah--if you have clean title to your minerals from your Dad and the minerals are undivided minerals and not with a piece of land with the minerals 100% with that piece of land I don't think Devon can cut you out. Talk again with your attorney he owes you detail explanation if can not I would go to another board cretified Oil & Gas attorney for another opinion. In mean while I would contact royalty owner relation department with Devon sending certified letter with copy of documents supporting your ownership of minerals (legal description plus copy of father will leaving minerals to you) in the unit. If necessary get the adminstrator of your father will to cut you a mineral deed for the minerals and record same in Shelby Count record office
Sarah, thanks for the feedback. I am happy to continue doing the update but just was trying to gauge if it was really being used. We do the same thing at work. I am sorry I can't do the same thing for Texas but it is too difficult to identify the Bossier (Haynesville) Shale wells.
Sarah. The picture is of my father. He was a professional baseball player. He played in the major leagues for the St. Louis Cardinals, the Philadelphia Phillies and the New York Giants. He was a member of the Giants 1933 World Series team. He is a member of the Texas Baseball Hall of Fame, the Texas League Hall of Fame and the Shreveport-Bossier Sports Museum of Champions. He passed away in 1996 at the age of 93. He was a very humble and gentlemanly guy. And I was very proud of him.
Yes will be glad to , he's in Athens, Tx., please send email to firstname.lastname@example.org,, for name and #, when I am on this site, I get bumped constantly as site is so large, old pc can't handle the site volume. As a result, I don't get in here like I used too, u have been getting a lot of good replies/info. Tom (orig. from Neosho-NewtonCo,
Sarah. Yes I delete comments after I have answered member's questions. And I have had to start moderating my page to avoid the personal attacks that I receive. That's a shame but just how the site seems to work these days.
An operator can apply for a drilling and production unit when 75+% of the land is under lease. When you see the term, "force pool", that is the legal means by which the LA. state Department of Natural Resources requires other companies holding leases in a unit to cooperate with the operator in order to fully develop the minerals. Landowners read "force pool" as being aimed at them. It is not. And it is quite usual for a unit app to be made with some landowners not leased. Once a unit order is approved, the operator will make an effort to get all landowners leased. They will not ignore you. As a basic business principle, they would like to have 100% participation by way of a lease agreement. And will delay development if they do not have 90+% in most cases. If you choose not to sign a lease, you are not done away with. LA. mineral law provides you some protections. If you go unleased, you will still receive royalty payments. Instead of a 25% share of your minerals provided for in most current leases, you will get 100%. But the operator is allowed to recover 100% of their cost to drill a well before you receive a payment. If you are thinking that a Haynesville Shale well may be drilled in the unit including your property, that pay out may not take too long. Say about 6 to 9 months after your neighbors start receiving their royalty checks if the well is a horizontal by a good operator. And if they are leased at 25%, you will receive four times their amount per acre. You will read many comments about shady operators and unfair practices on the site and they do occur. But the vast majority of operators are honest and conscientious. As current regulations allow for a maximum of 8 HA wells per section, if you are unleased you will go through the same process for each well. As to Jim Krow's comment, well, his answer has some validity if your property is in TX. And Jim is very experienced if a little crusty. If your property is in LA., then I stand by my answer. Hope this helps, Regards, Skip
You are very welcome Sarah. I always vote for who is right as best I can figure it out and Barack is not the choice. If GB was really so smart he wouldn't have to look so hard at barack to see he is wrong for America.Higher Taxes and Bigger Government is never good for the middle class.
God Bless You and Yours Sarah.
Thank you Sarah for responding to me so quickly.. I know it will all work out... I guess my 1st step will be the RR commission. I am just so far away... Alabama ~ TN line... It will all work out... I am not in charge anyway GOD is..... LOL ,So why Stress.... Well lets see..( WHY STRESS TONIGHT) five hundred and 44 copies of all these papers from 1880, that, I just ran through my printer.... (COULD HAVE DONE IT) No, really it was only 100 hehehehe, I am just trying to keep it lite.... like I said thanks so much for the encouragement.. hope to talk to you soon.... Shelley
Kay, can't figure out how to mail you, silly me! Just my same offer from a couple of weeks ago, which is apparently still negotiable. I am not going to be surprised if I don't hear from another o/g company with an offer. I think between the inheritance bit, and not a large amount of acreage...it might be too much work for them right now. IF Center gets hot in the play, it may be a different story then. Everyone keeps saying hold out...hold out til when? I think that holding out maybe isn't in everyone's best interests. Depends on what kind of gambler one is I suppose. I'm thinking the offers could possibly dissappear as fast as they arrived, and I'm not sure I'm in a position to risk not picking up the found money at all. What do you think?
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