What is the going rate for damages as a landowner of new drilling on said land? CLR is looking to expand a current well site and/or expand a pad for 2 new wells in Custer Co. OK. They’re saying 6.75 NMA’s out of the friends’ 160 is involved. Also, the landowner prefers the location to be different from what CLR is proposing. Their position, if any, on that aspect? Thank you in advance!
There was a similar thread to this in the last few weeks. Use this link. Surface Damage compensation
Landowner needs to get a good surface use attorney.
[Here is an example by OSU of a template to read ahead of time.
CLO Lease .pdf (268.4 KB)