landowner

Lease expiration - general question

The lease I executed with Chesapeake on my small acreage in DeSoto Parish (Sec. 29) expires shortly.  Does anyone have information about whether Chesapeake is renewing outstanding leases (no automatic renewal allowed in my lease) and if so, when they typically contact the lessor?  I know that they are drilling in the section adjacent to my land.  I understand that if they do not contact me about renewal, I should notify them to file a lien release on my acreage so that other companies know my land is available for lease. 

 

I appreciate any information others can provide- this site is so beneficial to those of us who reside far away and don't have "boots on the ground"!

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landownerPermalink Reply by Henry on July 25, 2011 at 6:59

T. Andrews,

If you share your Township and Range, you might find people who can offer more info that is particular to your section. 


landownerPermalink Reply by T. Andrews on July 25, 2011 at 7:33
Thanks, Henry! 

Oil & Gas ProPermalink Reply by The_Baron on July 26, 2011 at 4:00
Does that mean you aren't going to tell us? There are a lot of section 29's in Desoto.
Permalink Reply by BirdDawg, plain ole' idiot on July 28, 2011 at 15:15

Baron,

A very valid question. Still no answer. How can anyone respond to (his ) her question?


landownerPermalink Reply by T. Andrews on July 28, 2011 at 15:27
Please see my follow-up posts - Sec 29, 11N 11W.

landownerPermalink Reply by Don Barrett on July 27, 2011 at 5:26

Our lease with XTO was about to expire and I was notified 4 days before expiration.

XTO offered too low so I contacted CHK and leased to them at twice XTOs offer.

 

Permalink Reply by Roy on July 27, 2011 at 6:28
If in fact they do pick up the renewal demand a cashiers check. Otherwise they most likely will not pay you as they have many others. CHK always offers more money then make excuses not to pay the bonus money. SO a bird in the hand is better then 2 in the bush. And a cold draft is not a good thing.

landownerPermalink Reply by T. Andrews on July 28, 2011 at 15:04
Thanks for all the info from everyone.  BTW, my land is Sec 29, 11N 11W in DeSoto.  We still have a bit of time before expiration, so we'll see. I don't believe any wells have been permitted in this T/R, but if anyone has other info, much appreciated.

Oil & Gas ProPermalink Reply by The_Baron on July 29, 2011 at 5:19

There is several in this t/r

 

Nearest is in Sec 30 (less than one mile away.

 

It was ip'ed at 17 mmcf/d but has never made near that, IT only made 61011 mcf for the month of april.

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