My dad was contacted by a company Ascent (who has gone out of business since) and now is Tribune also Marcellus I believe. He signed a lease in 2016 or 17 for a royalty of 14%. He has not received a dime. It shows the wells have been active since 2002. We later found out on a separate piece of property oil is being extracted as well since 2004. I am not sure or aware of any leases signed from prior relatives who have passed. (Again we just found out abt all of this in 2016.)
My dad has paperwork and documentation stating he has 98.9 acres in Tyler county and all mineral rights have been passed down to the living heirs. Which would be my dad. We are being told by Tribune he has a fraction or partial ownership on this one well.
So my question is if it was my great great great grandfather who had sole ownership of the farm it currently sits (mineral rights only) how is it we only have a fraction. It’s been passed down within the family and my dad is the oldest living heir. Also we are not aware of any leases signed prior to 2016 and drilling has been going on since 2002. No royalties have been paid ever.
Can someone please provide any feedback? We would also like to find some resources to show amounts of oil and gas extracted. I have the parcel numbers and would like educated as to how he would only own a fraction of mineral rights. We are seriously considering contacting an attorney. I have tried contacting Tribune for answers and can’t get anyone to answer. Thanks!