70’s contract & release of lease

#1

Our family has 160 acres of interest in Canadian County, which currently produces very little oil/gas. Has anyone had luck obtaining a release of the least based on low/no production? Are there any law offices known for obtaining a release?

Thanks in advance!

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#2

It can be quite difficult to get a release of lease unless you have the financials to back up the “uneconomic” requirement. If you post the section, township and range, then folks can comment on surrounding activity.

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#3

The location I believe is, 9 12 6sw corner. The section has just 1 functional well and it’s not producing much if any.

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#4

Do you have any recommendations for lawyers that tend to be more successful than others at obtaining releases?

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#5

There are attorneys listed in the Directory above, but I am not sure if that is their specialty.

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#6

If you don’t have a conflict and can afford the fight, try:

Michael Jerome Novotny

Bar Number: 14920

9658 N. May Avenue

Suite 200

Oklahoma City, OK 73120-2714

UNITED STATES

(405) 848-1944

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#7

Thanks, will look into it.

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#8

In Texas, you can file a good faith claim complaint with the Texas Railroad Commission stating that the well is no longer producing in paying quantities to justify expenses . Find out all info about your property like…is there a pooling agreement that might be holding production. Contact the operator and find out what their intentions are in reworking the well. Production history reports are good to have to show a history of low to no production. Look at your lease and see if there is a cessation clause that states if production stops for so many months then the lease is terminated.

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