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Weld County, CO - Oil & Gas Discussion

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Weld County, CO - Oil & Gas Discussion

Oil & gas discussion group for those interested in Weld County, CO. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.

Members: 244
Latest Activity: 13 hours ago

Discussion Forum

Mineral rights in TP 11N?

Started by TJ 13 hours ago. 0 Replies

I own approximately 800 mineral acres in TP 11N, R59W and 60W.  I might be interested in selling.  Does anybody have any info on activity in this area or what value these mineral rights might have?Continue

Approved Permits

Started by Tammy Underwood 17 hours ago. 0 Replies

Starting to get a little bit impatient and need some reassurance. We have a lease with Noble Energy and are currently receiving royalty checks for 2 wells. We have had permits approved for 9 more.…Continue

Mineral Rights in 7N-61W?

Started by Ed. Last reply by michelle Smith Oct 14. 4 Replies

We have been approached about selling our rights to 160 acres in 7N-61W. We are not currently under lease. I believe that drilling permits were requested a few years back, but I don't think anything…Continue

Anyone hear anything about township 10 North Range 64?

Started by Jerry Nestler. Last reply by Derek O'Donnell Oct 13. 3 Replies

I have mineral rights on 160 acres in section 26 an I am wondering what is expected up in that area.  My lease runs out in Jan 2015 and I have had a phone call already about leasing the rights.  What…Continue

Keywords: weld, county, amount, leasing, rights

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Comment by r w kennedy on October 1, 2014 at 5:42pm

Mike Oberwise, permits are generally cheap to get. It probably cost the state more to process the permit than the fee covers.

Comment by Linda Scott on October 1, 2014 at 3:36pm

Derek, seriously $1 per acre per year in compensation for $thousands in lost royalties. Why do they even bother?

Comment by Derek O'Donnell on October 1, 2014 at 11:55am
Linda,

It depends on what the lease says. They are usually paid $1 per acre shut-in per year. But each contract is different.

Derek
Comment by Linda Scott on October 1, 2014 at 11:40am

Can anyone explain to me how shut in payments are calculated? We had the majority of our wells shut in for most of this year, yet we are recieving pathetic payments as low as $11 on one well.

Comment by Derek O'Donnell on September 29, 2014 at 10:27am

Mike,

Email me at derekod57@gmail.com if youd like so we can talk more about this, I check my email far more often than this website. In short, sometimes companies will apply for permits months before they begin to lease because the permitting process can take so long. What Sec/Twn/Rng are you in?

Comment by Mike Oberwise on September 28, 2014 at 10:41am

I am hoping someone can explain why several oil companies in my area have recently been applying for permits to drill when they do not have the lands leased where these wells are to be drilled. There are also several cases where more than one oil company has applied for a permit and spacing order in the same sections. Some have also not notified the owners as required by WY statute. This activity seemed to accelerate at the end of August of this year. Anyone have an explanation for this behavior? I live about 4 miles north of the Weld County, Colorado border, in Laramie County, 12/63. Thanks,

Comment by michelle Smith on September 28, 2014 at 7:34am

Jan, I live and work in Colorado and am the President of the National Association of Royalty Owners. I am happy to help answer your questions. I am also a landman and have been for 35 years. michelle@quiatcompanies.com

Comment by Jenna H. Keller on September 27, 2014 at 10:40am

As Gary mentioned - often times when the companies cannot reach an agreement, then one company will utilize COGCC process to proceed with drilling a well and it could be Synergy's lease interest being pooled.  It is important for you to go through and figure out what is going on with your lease and interest, especially before you send in any money to anyone.  Many companies send out blanket letters these days in Weld County, and there is a distinct possibility that the request for the money is not directed to you and additionally is not appropriate for you to send in. 

The information is for general information purposes only. This should not be substituted for legal advice and should not be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or reading does not constitute, an attorney-client relationship. You are encouraged to contact an attorney for legal advice concerning the information provided.

Comment by Jason Haack on September 27, 2014 at 12:38am
Jan R I sent you a message.
Comment by Jan R on September 26, 2014 at 6:18pm

Gary, Jason, and Jenna; I found out some more information. The actual well will not be on our lease, it will be just west of our lease and will be drilled horizontally into our area. Does this make a difference in the reason for the $6000 payment? Since Synergy has the lease, wouldn't they take care of it all? I tried to read the Interests of Parties in Costs and Production. The legalize is beyond me!! However, my brother is looking for an attorney to help sort this all out. Anyone know a good attorney in the Greeley/Ft Collins area?

 

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