I Am new to this forum and have met some great folks, read a lot of helpful information, but I have another question,....again. Regarding the signed lease we have in hand for the West 1/2 of Section 2, T7N, R64W, 6th P.M. , I have found the mineral rights on the Weld County Assessors web site so I checked that with the lease papers and the land description matches. Our mineral interest is very small, just 6.681876 net acres and the royalty is 1/8.
I also looked at the COGCC data base and found our two St. James Energy wells are abandoned. However upon checking some more, I found two Noble Energy wells, API# 05-123-31495 & API# 05-123-30267. Both of these are in our 1/2 Section described above. We have nothing from Noble as yet but if the COGIS-Production Data are correct, the two wells have been producing. One is within 800 to a 1000 feet of our abandoned well.
By now I would think the cost of the wells have been paid by now and if that is the case, where does one go to verify information like this and to get the royalty issue resolved? (I have written to Noble) We're not experts by a long shot thus the question to more knowledgeable people on this forum.
Maybe I am missing something, probably am. Could it be that our little slice of the mineral rights are only for a specific hole in the ground?
Thanks in advance,
Bob in So Ca