"I think there may be an OH law stating an expired lease should be released of record, however, it is only a formality and once the primary term expires and there is no event to perpetuate it the secondary term then it's toast. The release being…"
"Very common issue - could be any number of things. Could be reworking the well, working on another well on the pad causing the others to be temporarily shut in for safety reasons, could have reconfigured the unit causing you to go into negative…"
"I haven't read the full chain below, but there is a great chance that the NPRI carved out in the 70s is not mentioned in any wills/probates and you inherited via intestate succession. Do you know if this is the case? Title work is great, but it…"
"Just to clarify, there is no requirement that an operator provide everyone in the unit with a copy of the DPU. Since it is filed of record most companies will provide them if requested. Even if it states in your lease that you are to receive a copy…"
"This map is about 6 years old, but it does show some Marcellus Shale development. I think this county is likely to far west to see any real leasing and oil and gas development. Also, a good portion of the county is either national forest or state…"
"The pooling provision in your oil and gas lease will provide specifics on your question. Typically, a pooled unit is formed around multiple wellbores (some side by side, some north/south) and everyone in the unit will receive a royalty from each…"
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 ]