All things about Austin Chalk in Louisiana: Horizontal drilling, improved seismic testing, and liner casing are offering hope for the deep minerals in the Austin Chalk which runs from Austin, Texas through parts of Louisiana to Biloxi Mississippi.See More
"What is the prescription time on overpayments to royalty owner? Not sure my self, but I've seen one major go back more than 10 years - and subtract from mineral royalty owners on unrelated then producing wells (no justice in this…"
"If you're receiving royalty from Samson and Samson goes bankrupt, you'd best file a claim. True or False.
If you don't file a claim and you never get paid, can cancel the lease after timely demend. True…"
"Thanks Skip for the guidance. It seems to me that I've seen this language in both Royalty Deeds and Cash Sales, but after searching high and low, just couldn't find it. Thought the clause might be standardized enough to the end that a…"
"I think I placed this email in the wrong "topic". Is there a way I can move this to a more appropriate topic? Or if the moderator could do this, I would appreciate it.
When I posted, I couldn't figure out how to bring up a…"
I'm selling my producing royalty in Louisiana. However, over the last 3 years I was never paid by the oil company on some production. I would like to include in the sale language that would give the royalty purchaser the right to sue to recover the unpaid and underpaid royalty --- that was due me while I owned the royalty. The clause should also make the purchaser the sole owner of that unpaid royalty. I have been under the impression that in Louisiana, if you don't transfer the right to sue…See More
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.
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