Fred Brown
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Introduce Yourself
Family owned Va. property in the coal & gas region of SW Virginia
What is your role?
Landowner
Which state(s) are you following?
Pennsylvania, West Virginia
What shale plays do you follow?
Marcellus

Fred Brown's Blog

Adherence to gas leases

Posted on February 8, 2016 at 3:21pm 3 Comments

We own a tract of land that has had a gas lease since the middle 70's.  It was renewed and had a Coal Bed Methane Lease added to the original along with modifications to the original gas lease in 2008.  We conducted an audit in 2014 that actually did not start until 2015.   Much to our surprise we found the lease had been totally mismanaged, and the terms of the lease were not being followed.  Things such as royalties were being paid to the wrong person,  Deductions were being taken that…

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