My lease expired a week before the drilling company obtained a permit to drill in late August. My neighbors have leases that have not expired and will be held by production. I contacted a landman who had leased in our unit and was told I would be contacted when they were ready to renew my lease. I was contacted September 6th by mail with a sample lease and got a follow up phone message on my answering machine September 8th. I called back and left a message, but have not heard anything further. Drilling apparently began in my unit on September 9th or 10th. I have attempted to call the drilling company to ask about a lease but the local phone number I was given for Cohort Energy is always busy. My question is : Is it possible to negotiate a lease at this time? I only have 1/2 of an acre.
Also what are the pros and cons of not having a lease?
Any suggestions/advise would be appreciated.

Views: 37

Reply to This

Replies to This Discussion

You can always lease, there are professionals, (I am not one) on this site that will give you advice. Were you leased with J-W Operating? I am asking because that is who I am leased (old lease) with, and Cohort Energy is owned by J-W Operating or vice-versa, I believe. To get better advice from the professionals on here please post your township, range and section for them.
Mr. Krow, when you replied that they have already failed to properly notice the landowner, what does that mean in this case. When and how would proper notice be expected?
The reason I ask is because I am in a similar situation, the well being drilled in my section is almost finished and I still have had no notification nor contact for a serious lease offer and was wondering what proper notice should have been and what to expect next. Thanks for your input.
Jim, Thanks for your reply, I respect your experience and your opinions.
KB and Jim, thanks for your input on this subject. KB, I know you have covered and discussed the codes alot on this site and I have accessed and gained much info from some of your previous post and thank you for them.
I agree with your idea that a L/O apparently will have to make demands of the O&G's to get things done and I intend to do that, but one thing I don't understand is what if a L/O is not here in the area, let's say they are far out of state or overseas and own property, be it out right ownership or heir property; if the state doesn't abide by LA RS 30:10 A(a) and issue notice to L/O's of orders requiring force pooling (which they didn't for me) and then the operating company drilling the well choses not to elect to notify the L/O (which they didn't for me) as allowed in LA RS 30:10 A(a)(i) and the landowner has not idea what is going on back home nor that they are suppose to have the option to participate, then how can the landowner know that they have to edify themselves and take actions to make the needed demands if they aren't even made aware of the terms and conditions of what is happening back home around their land?
I am fortunate in that I am sitting here looking at the drilling rig and I know some of what is going on and I intend to take the actions ya'll have recommended, but as taxpaying citizens, we should be able to count on the LA DNR to do the things their own codes require them and the O&G's to do, otherwise, many local and distant landowners will be left unnotified and unknowing of what is going on until late in the game.
Thank you for a wealth of information...references of earlier discussions as well as your expertise. As for my situation, I received notice regarding forced pooling and fully expected that the drilling company would drill before my lease expired, however, there apparently were delays. On the day my lease expired, the drilling site had been cleared of trees but the pad was not yet prepared nor was there a rig on site. I have not received any correspondence from the drilling company since my lease expired last month. It has been 2 weeks since drilling began. I will be reading/ studying regarding this issue tonight in order to decide how to proceed. Thanks again.

RSS

Support GoHaynesvilleShale.com

Not a member? Get our email.



© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service