Modification of oil and gas lease in regards to "pooling"

I own the mineral leasing rights on a 90 acre piece of property in WV, but do not own the mineral rights.  This 90 acres was originally part of a 172 acre tract which was sub-divided into two land tracts and sold as such.  There has been a shallow gas producing well which was drilled under the original lease but is on the 82 acre piece that was sold separately.  That gas company sold the deep well leasing rights to Antero and they are starting a fracking well site using 5 acres of our property and another 5 acres from an adjoining property.  The vertical well heads themselves will be just off our property line.  Antero has sent us papers to sign for gas well pooling modification and are wondering how much compensation is considered reasonable for this modification?  As we have no mineral rights we do not have any incentive to sign these papers and if we don't, they will have to go around our property to run the fracking horizontal lines.    

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Permalink Reply by Barry D on August 2, 2015 at 4:01pm

If you own the leasing rights you own the compensation for leasing.

So your incentive is to require the company to pay you for signing a lease.

Just sayin'

Permalink Reply by Philip Thackray on August 3, 2015 at 12:17am

Do you own the surface leasing rights (you said you own the mineral leasing rights??)?

Phil

Permalink Reply by Stephen Bush on August 3, 2015 at 5:22am
The mineral leasing rights but the shallow well gas Co already has that lease tied up with the operating well on the other piece of property

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