Is it reasonable to request a no deduction clause that states:
All oil, gas or other proceeds accruing to the Lessor under this lease or by state law shall be without deduction for the cost of producing, gathering, storing, separating, treating, dehydrating, compressing, processing, transporting, and marketing the oil, gas and other products produced hereunder to transform the product into marketable form. In no event shall Lessor receive a price that is less than or more than the the price received by Lessee or any Lessee affiliates thereof.
Is a two consecutive year statement in a shut-in policy a standard policy or can one year be asked instead?
Seems like my siblings want to back off and use what we used to have in a former lease exhibit A because they are anxious for the good bonus offer and the royalty. If it is based on the old, then they may not have the no post-production paragraph or a good no deduction paragraph in regards to "enhancing" as determined by the lessor.
Up to now, we have tried to stick together on what we request but I think my siblings are folding. Does this put me in jeopardy if they don't want to go along with me and add the above listed "no deduction" clause and the "shut-in policy" changed to one year? I think the siblings may be sacrificing and wouldn't it possible for this to make a big difference in the future if they were to drill a producting well?
A few weeks ago, because I asked to see a new copy in order to study it before making a decision, the company called back within five minutes and told me that since I was not willing to work with them they were not interested anymore. I was flabbergasted and felt like it was a strong-arm tactic. I did not respond but when my sibling talked to them they seemed to say I was still included. I have mixed emotions on this. I would hate to see my siblings not get what they think they want by having to back down on things I think are reasonable. I had consulted and paid for an attorney and a former landman to help me get a reasonable lease exhibit. Now, I feel like if I don't go along by reverting to their demands, am I likely to get shoved to the side and then later pooled instead of receiving the bonus and royalty my siblings are going for.
Any advice? Should I wait to see what they send and then call them back. Are they just trying to rush and might it still be possible to take some more time on this matter?