Even though my lease is with CHK, Petrohawk drilled the well. The well went into production in Sept of 2011. Petrohawk has not paid CHK royalties since Dec of 2011. Therefore, as CHK informed me, if we don't get paid, you don't get paid. What can I do?
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The operator is ultimately responsible for the royalty payments. They have contracts in place to sell all of the production and all of the money goes to them. The operator then disperses the money to the participants and royalty owners. The other companies who participate have no say in who or where the production is sold to. They are just along for the ride with no say in the operator's decisions. Some contracts on the sale of production can vary quite a bit. You can see why they are at each others throat.
Wouldn't you just go to court, sue them, get a Judgement and then shut the well down ?
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
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AboutAs 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 |
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