THEY ARE NOT DONE RIPPING US OFF?
I just got an e-mail from the landman who leased my 280 acres for $200 per acre a year ago. They want me to sign a road r/w for $25 per rod (16.5) feet. I thought that they would throw me a bone because they ripped me off so much to begin with. I have read on this site the going rate is $200 per acre. So they are going to pay 1/8th of the going rate if I let them.
THIS IS FOR A ROAD TO ANOTHER SECTION. THEY AREN'T EVEN GOING TO PUT THE WELL IN MY SECTION.
He even had the audacity to tell me that it is in my lease for an access road. I have already explained to him my lease doesn't pertain to access another section where I don't own property.
PLEASE let me know if you have had any success dealing with this sort of thing or if you know someone who has.
THIS IS FOR A ROAD TO ANOTHER SECTION. THEY AREN'T EVEN GOING TO PUT THE WELL IN MY SECTION.
He even had the audacity to tell me that it is in my lease for an access road. I have already explained to him my lease doesn't pertain to access another section where I don't own property.
PLEASE let me know if you have had any success dealing with this sort of thing or if you know someone who has.
Views: 158
Replies to This Discussion
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Permalink Reply by Bobi Carr ("parker") on
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I imagine they had to pay someone for the road right of way agreement. That is what I am negotiating with them now on my property.
I agree whole heartedly on the issue that surface owner should retain some interest. They are the ones that have to suffer the nuisance when drilling occured. A few years ago, a well was drilled close to where I lived. The noise would have sounded more like music if I were getting a mailbox check.
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Permalink Reply by Bobi Carr ("parker") on
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Here Ray.
Look at this.
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Permalink Reply by Jay Evans on
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Your blog caught my attention because this has happened to someone I know. I would deal with the oil company as best as possible because they always have the upper hand unfortunately. They have very large bank accounts not to say yours are not large aswell but if they are why bother? This has happened to a friend of mine. Similar situation. He would not let the oil company come through his place to drill because he wanted his drilled first and the right of way though another route. This group sued the oil company. WRONG MOVE. The oil company sued back for many things. such as per drilling day cost and subject to income from wells that were lost due to market conditions that drove oil/gas prices down, that were higher at the time the suit was filed, court cost, damages, etc, etc, etc. Not to mention the lease had no out for the land/mineral owner anyway. These oil companies have been doing this for a 100 years and have the best attorneys in the business writing the best leases/contracts. We cant out smart them or bully them. As much as I hate to say it, they will win in every way. Sir my suggestion is to save your time and money, and just get along with them. The guy I know is still suffering this while his neighbors are not. Just count your blessing they wanted your land anyway. You could be completely out of the shell, then who would you be fighting. wish I was in your shoes.
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Permalink Reply by Bobi Carr ("parker") on
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Thank you. I know they have the upper hand. No big bucks yet or I wouldn't be so iritated.
I just want to be fairly compensated.
Like I said in another forum, I once lived close to a well. If I had any mineral rights there it would have sounded like music instead of noise.
I know in the long run - it should all be gravy. But in the mean time I am still struggling like most.
I do count my blessings though. Both those financial ones that I hope to have "one" day and the other more meaningful blessings that won't change whether this hits or not.
Thanks for you advice. I really was trying to be light hearted. I guess my sense of humor is odd.
Got to try to laugh, though.
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Permalink Reply by SAM Cd2 on
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Jim,
The O & G company is using a private road to access a well situated off of my lease and out of my unit. To my understanding this private road is the dividing line between the two sections and belongs to the property owners from both sections on each side. I've been told by the company that my lease gives them the right of ingress and egress not only to drilling in my section, but in any other section. If this is indeed the case, should we still be compensated for the inconveniences associated with the operations?
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Permalink Reply by SAM Cd2 on
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Will I have to retain an attorney to get this matter resolved. I have already sent a request to the O & G company for compensation, and haven't heard anything other than that they have the right of ingress and egress per my lease agreeement. Thanks for your help.
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Permalink Reply by Bobi Carr ("parker") on
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I am not an attorney but even if they have the right for ingress and egress from your lease, they would have to compensate you unless your lease stated that compensation was by the bonus. I think that I read such a statement in a lease.
Who is the O & G?
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