"If your producer has filed for bankruptcy, you might not be considered a creditor.
Do as search for the following:
Texas Land And Mineral Owners Association
WHEN YOUR OIL & GAS PURCHASER GOES BROKE
Be careful, it says not for internet use but is…"
"Wow, slam dunk Skip!
Sorry, just got my $15 per month per acre royalty, I must have lost my head when you said
"There should have been a much greater number of bankruptcies and mergers and acquisitions before now with an accompanying decrease…"
"JHH, you must be talking about Sabine because I got my check in today's mail. I am sure tc knows what he is talking about and 80% may be fair, but my question is, why were we not being charged 80% before Sabine filed bankruptcy!…"
"80% is perfectly fair if the operator is paying the same amount for its gas. For most operators the transportation charge (and other 3rd party charges) has a per mcf rate, but they also have a fixed minimum amount that must be…"
Let's say you have a terrible lease... allowing an O/G producer to deduct all kinds of expenses... transportation... compression... whatever? How much is too much. I won't mention the company... it's not Chesapeake... deducting as must as 80% in…See More
"They could put new wells in on my land yesterday as far as I'm concerned. With all the new gas fields being found/developed all over the world its Starting to look like the market is headed to the gutter."
"Skip, I think you may be right. But just like the S&L crisis and other "bubbles" the realization usually takes a little time to get to "actualization", I am just interested to see when the dominoes start to fall. …"
"I truly am a neophyte compared to Skip and folks like Joe and others on these type of things and I don't know the O&G business well at all, I want to get that out there.
But I do have a some experience and knowledge of how lenders will look…"
17 hours ago
iduaolunwa is now a member of GoHaynesvilleShale.com: The Haynesville, Tuscaloosa & LSBD
This what I've said from the beginning. The Saudi's were concerned that the US was going to allow exporting of oil because of the shale production. They wanted to maintain market share at any cost. Its a true production war. "We…"
"Comstock has four bores planned right behind my pond dam in the adjoining section on a new pad for such an approach. CHK has no plans for Section 15 where I am, but may sell some water. CHK is turning the Stonewall area into Swiss…"
"Don't forget that landowners royalties have been "Adjusted Down", some landowners have been told they were overpaid, and some have stopped receiving royalties due to being throttled back to zero, but no one checks valve positions in…"
"The below interview states that landowners have been shorted all but 10% of their royalties by Chesapeake. Your 12.5% royalty will be more like 1.25%. No doubt that’s what we are seeing in Ohio with $16 to $150 per acre per month for the past…"
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More