I inherited a farm in Fayette County in 2007 and the family gas lease that went with it. It is a rental gas lease that pays $100/year. It was signed by my family in 1906 and is 3 paragraphs long and very vague. The lease was eventually purchased by Atas in 2004 and they quickly drilled 3 shallow wells. There was no additional paperwork signed by all owners of the lease, if any. My question is has anyone seen a company drill a deep well under such an old lease? My concern is that the lease does not provide adequate surface protection. Has anyone challenged Atlas about similar situations? I asked the company to provide the lease they operated under and they sent a copy of the 1906 lease. My calls to Atlas go unanswered or are bounced around the company. At this point, all I am asking for is a dialog about the lease. They have perfected the art of stonewalling! Now they want ROW (which thankfully is not allowed under my lease) and seismic testing rights. Do I have any options?
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]