Ohio Landowners
No Promo Zone. A place for Ohio landowners to discuss the Marcellus Shale.
Question about a Division Order we received today?
Received our Division order for the well that runs thru our land. It states that" unit gross acres is 608". and the drilling unit we are in states it is 211 acres which the plat map states. There are 4 wells on the pad.
I am not really versed in these items. So does this mean the 608 acres is for all 4 wells acreage.Does this mean we get royalities on the 608 acres or our small share of the 211 acres in the drilling unit we are in?
AT
There are 3 of 3 drilled wells that go north/northwest from the Hall pad which form the Hall North unit. You are not in the north unit and you will receive no royalties from any of the 3 drilled wells in north unit.
So far, there is 1 of 3 drilled wells that go south/southeast from the Hall pad which form the south unit. You are in the south unit and you will receive royalties from the 3 wells in the south unit. The Hall South unit is approximately 608 acres in size. The 1 drilled well in the south unit makes up 211 acres of the approximately 608 acre Hall South unit. You will receive royalty payments off the 1 well already drilled in the south unit as well as the 2 wells yet to be drilled in the south unit. Hope this helps.
Jun 6, 2016