CHK + Access Midstream? = non-payment of Royalties for July

I was told today by the land man who works directly for CHK in OKL, that we were not paid royalties in July because "our purchaser didn't pay us".

I asked who is the purchaser and he said "Access Midstream".

I said I thought they were a subsidiary of CHK.

He said 'no they are not'.

Hmmm, news to me.

He said "You will probably be paid in your August check".

I said this is not what our contract says.

He says, "what contract?"

I said, our lease contract agreement!!

"Oh, I don't know what your lease says." 

I said, we have payment terms and this does not comply.

So then I asked for his supervisor then asked for the vice president's name.

Looks like a letter is going to go out..

Views: 916

▶ Reply to This

Replies to This Discussion

Permalink Reply by James Foster on August 12, 2014 at 9:04am

He is correct Access Midstream is no longer a subsidiary of Chesapeake. Too many leases in area had clause no selling to subsidiary so it was sold off. Are we still getting screwed by them probably. If they did not sell the product or in this case get paid how could you be paid. I am guessing you would lose this battle in court or it would cost more than its worth fighting. What does your lease say specifically?

Permalink Reply by wishing well on August 16, 2014 at 4:14am

Pa landowners filed a 5 billion suit against Chesapeake and Access Midstream. See the Shale Gas Reporter that was in the Farm& Dairy this week. I think they will go down over this and be no more! 

Permalink Reply by fandango on August 16, 2014 at 5:46am
Permalink Reply by wishing well on August 16, 2014 at 6:36am

Thank you fandango for the link to the article! 

0ym9x5ag7ury2Permalink Reply by 0ym9x5ag7ury2 on August 16, 2014 at 3:32pm

JK,

    Find the Failure To Pay Royalty clause in your lease and use the guidance to write your producer a Certified Letter, Return Signature Required, to notify them of their failure to comply with your lease.

I have a lengthy example that I'm sending to my producer next week. If you need a good format let me know.

RSS

Top Content 

1 Thoughts..Opinions,,Comments on Trump's Implementation of "Drill Baby Drill"

Thoughts..Opinions,,Comments on Trump's Implementation of "Drill Baby Drill"
2 Those Pesky Martians – Who Knew They Were Contributing to Climate Change Here on Earth?

Those Pesky Martians – Who Knew They Were Contributing to Climate Change Here on Earth?
3 Environmental groups trying to shut down Seneca.

Environmental groups trying to shut down Seneca.
4 The Infancy of a Monumental Discovery – Ohio’s Utica Shale

The Infancy of a Monumental Discovery – Ohio’s Utica Shale
5 Evaluating a Potential Shale Prospect

Evaluating a Potential Shale Prospect
6 Is Nuclear War Imminent? Energy Publications Reveal a Legitimate Threat

Is Nuclear War Imminent? Energy Publications Reveal a Legitimate Threat

Latest Activity

paleface replied to paleface's discussion 'Environmental groups trying to shut down Seneca.'
25 minutes ago
paleface replied to paleface's discussion 'Environmental groups trying to shut down Seneca.'
36 minutes ago
paleface posted a discussion

Environmental groups trying to shut down Seneca.

1 hour ago
2 Comments
Nancy Mosley replied to Bill Simpson's discussion 'Thoughts..Opinions,,Comments on Trump's Implementation of "Drill Baby Drill"'
Tuesday
john w. howard replied to Bill Simpson's discussion 'Thoughts..Opinions,,Comments on Trump's Implementation of "Drill Baby Drill"'
Monday
Nancy Mosley replied to Bill Simpson's discussion 'Thoughts..Opinions,,Comments on Trump's Implementation of "Drill Baby Drill"'
Dec 14
john w. howard replied to Bill Simpson's discussion 'Thoughts..Opinions,,Comments on Trump's Implementation of "Drill Baby Drill"'
Dec 14
john w. howard posted a discussion

Those Pesky Martians – Who Knew They Were Contributing to Climate Change Here on Earth?

Dec 14
0 Comments

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service