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Permalink Reply by James Foster on June 14, 2014 at 11:12am

Look in recorders office to see details of transfer. You have royalty interest in the well. There is also working interest in wells. Chesapeake may have sold off all its interest in the well and are no longer operator of record. I don't know if you can look at well cards online in pa like in ohio. Owner is listed there. Or they may have kept royalty interest and also get checks from Anadarko etc. Working intetest owners get percent of production on wells and must pay percent of expenses. Royalty interest get percent of production and while there may be deductions for expenses you would never be asked to make payment on a well that was not making money.

Your other question about other wells. That depends on unit size and you division order. If you are in 640 acre unit there is potential for three laterals all in one direction. 1280 could be six, three in each direction. You should have gotten a copy and should also be filed in recorders office. We live in Ohio. Someone from pa can correct me if pa is different about filing requirements.

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Permalink Reply by James Foster on June 14, 2014 at 11:20am

Sorry on smart phone .. So you want to find out who had working intetest and who just has royalty intetest. You would not receive money from another royalty owner ... just like you are not responsible for paying anyone. You receive payments from those with working interest. Sorry if first post was clear as mud.

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Permalink Reply by john jacobson on June 14, 2014 at 4:34pm

Thanks for your input. Sorry I couldn't reply sooner we were watching two of our grandchildren at my daughters house and I do not know their password. I have division orders from Anadarko,Mitsui and our decimal interest from both which is correct. I checked Landex and found all the oil lease assignments and their percentages are also correct and agree with Anadarko and Mitsui check stub showing that they own 50% and the other 50% is owned by CHK and Statoil and as I said we have not yet received checks from CHK and Statoil, I guess they are just slow payers.   I have a drawing of the field which is 805 acres. It is a large rectangle with a long finger out one side. The well goes down this long finger which is about 1/3 of the field, the rectangle makes up the other 2/3 of the field and there is nothing in it. I would think they plan to drill another well in the rectangle. My question is will they make a new field for the second and maybe third well? Or do they use the same field as the first well.

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