I have producing minerals in McClain county that are held by production by Ovintiv horizontal well and a bays vertical well in section 8 township 6n range 4w. I know Casillas/Validus has filed for multi unit spacing, increased density and location exception applications and was hoping I might be able to get off the 3/16 royalty rate. Requested some lease terms with land man Kevin Manning with Validus to include a 1/4 royalty rate but he says because I am hbp that my terms including the royalty rate cannot be changed. Any recourse I might have to get to the 1/4 rate? Ovintiv has had my lease since 2019 and never drilled a well. They have only maintained the Alvis well started by newfield in 2015
Thanks Dennis