say thier is a well that has 3-4 650 acre pooling units in it and my unit only has 1 leg in it that is producing ,do i get payment from the 1 leg or do i get payment from all legs which are are producing from well pad ? i am confused on how this works ? thanks in advace .
thanks ! but, same company owns all 4- 650 acre plots from 1 well pad . when complete will have 26 legs their is 10 drilled but , only 5 fracked their are 3 legs in my 650 acre plot but , only 1 fracked so , i would guess i only get paid from 1 leg ? or do they use all legs for payment ?
so i only get paid from acrage in divsion order this was my thoughts but, someone said i was wrong so ,i was confused about it thanks again
well this is what came about i have never got to lease my rights when all this big money hit i have a 5 dollar and acre lease that has been bought and sold 6 times in 7 years their was extension clause in the lease so 10 years. till it was up! i know sucks ! but mind you i signed it before they new gas was here . and i come to find out it was bought again by a driller close bye, all my neighbors are in a plot everyone but me . i have seen those papers because my cousin is in it . so i contact them for a friend not even for me because he is not good with talking to people and they then tell me ohhh we own your rights as well ! we traded chevron for them . you will be getting royalties in march ? i wanted to ask more but, she said she was in a hurry couldn't answer bunch questions so ,here i set i have tried to call back but she don't answer or respond to e-mails i do know their is one leg fracked in my cousins unit which surrounds me i have yet to get any paperwork ?
boy i hope so, bad thing is my old lease was for all gases even methane and 1/8 royalties to boot ! i will never get to lease . i really could have used some extra money as i have 1 in college and another starting next year . just my luck i guess at the end of the string it seems. thanks for chatting with me about it
never did get a check e=mailed them now they say i have interest in Texas not pa? what a bunch wieners . i will give them few more weeks then i will get attorney on it >