Hi Im new here I own property in South Ft Worth there is a horizantal well locaed about 5 blocks away from the property according to TRC web site,But I have had to contact from the well operators.
Juan:
The question you are asking in your post is not exactly clear, but if you are asking if the horizontal leg of a well located off your property can extend under your property, then yes it can if the property is under lease.
Thanks for the reply after looking at my post I realized it seemed unclear,My question is I have property in south ft worth near the property are horizontal wells Im wondering how close they need to be inorder to be included in that well?
I have a link to the property where it says here.
http://i716.photobucket.com/albums/ww162/jag4575/property.gif
Juan:
It depends on the size of the spacing unit as to whether your minerals would be included. First, do you own the minerals on your acreage? If so, have you leased your minerals in the past? Most likely, everyone included in this well has a lease with an operator.
Thanks, No I do own the minerals,And no I have not leased in the past,this is a estate and owned by my brothers and sisters,So I suspect they have not tried to contact us as a result of not being unable to locate us .
As I am the excutore we aggreed to allow my brother to live there, So I know there have been no offers or any contact.
According to the TRC the well encompasis 330 acres.(not my property)
This is the weekend so I would have just called the gas company to find out, but you cant beleive what they tell you over the phone.
Juan:
Make sure that the minerals are properly recorded at the County Clerk office (Tarrant County if this is where the minerals are located). In the future, if a landman wants to contact you in regards to leasing, the information is correct and properly filed.
Charles thanks Im going to ft worth tomorrow and make sure as I now live in east TX.Thanks for you're reply and help.
Talked to the land man and he seemed evasive he asked for the probate number which I gave him, then I asked what the royalty would be he said he couldnt tell me and that there would be no signing bonus.
This seems strange because he said they were holding the royalties in reserve for me,That should have been paid for the last four years. Shouldnt they also have signing bonus in reserve.
Anyone have any thoughts?
Juan:
If I understand your statement, a landman has contacted you in regards to leasing your mineral rights but advised that there would be no signing bonus and the royalty amount would not be devulged. This seems like an unlikely situation as these are two of the most important parts of a lease. Please post further if I am not understanding what you are saying.
juan garcia said:
Talked to the land man and he seemed evasive he asked for the probate number which I gave him, then I asked what the royalty would be he said he couldnt tell me and that there would be no signing bonus.
This seems strange because he said they were holding the royalties in reserve for me,That should have been paid for the last four years. Shouldnt they also have signing bonus in reserve.
Anyone have any thoughts?
No I contacted cheseapeke and told them I have property in an area where a well is located,They said yes I do and it is a four year old well.
The land man that contacted me asked for the probate case # which I gave him.I called him the next day and asked what the royaltys would amount to he said he could not say and that there would not be any signing bonus because the bonus was intended as a incetive at the time of signing.
Juan:
Sounds like you never had a lease in the first place and the well was drilled and has been producing. According to what you say, it sounds like you will be participating in this well. You might be better off seeking legal assistence if this is case in order to assure you recieve all revenue that might be due you. If you participate in a well, there is no bonus and the royalty is based on your amount of acreage. Not sure how Texas handles well participation so you might want to seek some info regarding this matter. In regards to the probate case #, this landman may be referring to paperwork supporting the fact that you legally own these minerals.
juan garcia said:
No I contacted cheseapeke and told them I have property in an area where a well is located,They said yes I do and it is a four year old well.
The land man that contacted me asked for the probate case # which I gave him.I called him the next day and asked what the royaltys would amount to he said he could not say and that there would not be any signing bonus because the bonus was intended as a incetive at the time of signing.
Thanks charles,Your right and thanks for your responce.