"Actually, every budget that this administration submitted to Congress included sharp reductions in renewable energy research. But like every budget that every administration submits to Congress, it is only partly responsible for the final…"
"well, the story first quoted is from the WSJ, less that a week ago. The article was about a particular project, partially financed by DOE, that didn't work out and cost taxpayers money. Those are facts that are neither right nor…"
"well, the article presents facts that were presented in Court, so I don't think we can dismiss this episode because the buzzwords "Obama" and "Solyndra" were used. The company building the plant clearly had numerous…"
Tonapah Solar Energy was operating a thermal solar energy plant that used molten salt to store energy so that the plant could operate 24/7. The plant never managed to produce the expected annual output. In fact it never produced that expected yearly output over its entire life. This is another Obama-Era "Renewable Energy" failure like the infamous Solyndra.…See More
I'm 84 years old, retired aerospace engineer, so I don't have any contacts in the oil and gas industry and only know what I read plus insight from the RRC site. I've seen the estimate that 75 or 80% of the gas is produced in the…"
"I did a back of the envelope estimate of what royalty owners could expect in Western San Augustine county where there have recently been some good wells drilled in both the Haynesville Shale and Bossier Shale. I tried to identify all assumptions so…"
"Einstein died in 1955 so it is impossible to know what he would have thought of the current debate on catastrophic anthropogenic global warming/climate change. We do know that he was not impressed by consensus. He was a theoretical physicist, and we…"
"Here is a paper by Mark Mills of the Manhattan Institute discussing the myriad of problems related to the proposed "Green Energy Revolution," including the impracticality of using battery energy storage to enable a "renewable"…"
Do you own 100% of the minerals in the unleased tract? If so, it should not be included in the unit. If not, if the operator has leased any of the other interests in the tract, it can pool the entire tract.
The question then becomes - is the well on the tract or another tract in the unit? If the well is on your tract, you are an unleased co-tenant and am entitled to your entire share of the production after pay-out minus operating expenses. So, if you have a 1/2 interest in a 100 acre tract and the well is on that tract, you are entitled to 50% of the well's production after pay-out minus operating expenses. But if the well is not on your tract, you are not entitled to anything from it.
It is true that operators' accounting is certainly going to have the operator over the unleased co-tenant but "funny math" will only get the operator so far. The State doesn't offer any specific protections for this situation above what the law already affords - suits for conversion, accounting, etc.
Feel free to message me personally if you would like to discuss this further.
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