"Greetings,
I am unleased too. Once payout happens, will the operator mail out a check for all of the back revenue for the past say 4 years? Or will the check be for now?
Even though you do not receive any revenue until the well is paid off,…"
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Ken Boone
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Last View: 3:43PM, 17 Apr 13
Last On: 3:39PM, 12 Feb 13
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Ken Boone's Discussions
Who Determines how much an operator Sells your gas for?
Started this discussion. Last reply by Skip Peel- Independent Landman Jan 15. 35 Replies 0 Favorites
How can an operator sell your gas for $1.06 when it says the average is is selling for $3.25? And this is just an example, but I'm sure you get the point?And are there any organizations that oversee…Continue
Judgement of Posession
Started this discussion. Last reply by Max Jan 2. 2 Replies 0 Favorites
A small succession was filed at the courthouse. If a small succession is filed is it true that a JOP does not have to be filed?Will the oil and gas company require on before releasing money?Continue
Judgement of Posession
Started Dec 31, 2012 0 Replies 0 Favorites
A small succession was done and filed at the courthouse. Someone later mentioned that a JOP has to be filed. And that it should have been done at the same time.However, when I looked into the law, it…Continue
Hearing Notices
Started this discussion. Last reply by Skip Peel- Independent Landman Dec 12, 2012. 2 Replies 0 Favorites
Where do the Conservation office get their information on who has interest in certain sections?Do they hire a landman?Does this information come from the court house?And how accurate is the…Continue
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HBP replied to Ken Boone's discussion Who Determines how much an operator Sells your gas for?"Your subsidiary point is well founded.
I just want to mention something about when you use the phrase "wellhead price before any deductions are made". We have to remember that, for the most part, there is no market at the…"
Lerret replied to Ken Boone's discussion Who Determines how much an operator Sells your gas for?"I would say that the legislators should get involved to DEFINE A ROYALTY and to DEFINE THE POINT OF "MARKET VALUE"
First, a royalty should be FREE AND CLEAR OF ANY EXPENSES. Post production expenses should be OUTLAWED period. They have no…"
Larry G Smith P.E. replied to Ken Boone's discussion Who Determines how much an operator Sells your gas for?"That may be true that CHK invested in a gathering system, but, that is a Capitol Investment for them and should not be charged to the royalty owners. IF we are charged for Capitol Investment then WE own part of this investment and should be notified…"
Larry G Smith P.E. replied to Ken Boone's discussion Who Determines how much an operator Sells your gas for?"Well Federal court may help, local courts are all bought and paid for in advance. To answer your question about WHO, good luck on that they will not give you an answer. Then if they do it will not be a direct answer. Just like the money they…"
Andrew replied to Ken Boone's discussion Who Determines how much an operator Sells your gas for?"Adubu,
I share Skip's concern about about getting to close to giving "legal advice." Because every situation is different, a qualified lawyer really should be consulted when it comes to contract language, especially when it comes to…"
"I dont think you can blame them for trying to exploit every loophool. It is said but it is the standard of business today. I do think that it is wrong to continue to operate outside of a binding contract once the property owner notified the…"
"skip--- can you reply to question below"
Henry replied to Ken Boone's discussion Who Determines how much an operator Sells your gas for?"Jo Ann,
You don't need a national newspaper. Why not contact the Shreveport Times? This ought to make a great story for a reporter who wants to do some real investigative reporting. Local papers can do a great service for…"
"You know, without the comapanies we would not even have the royalties. I am thankful for them and the fact that they have helped our economy so much. Even though I am thankful, I do not feel as if they should just steal from us. I was hbp and my…"
"Skip-- did not know leases are under "patent" laws -- how would lessor ever know if he got good language in their lease if did not have any knowledge of different ideals -- do oil&gas attorneys share ideals in their Journals or…"
"Skip-- can you post a example of wording for lease that lessor should use to get the best net price paid for their royalty mineral production Nat Gas or Oil/Condensate without deductions or so call "Royalty Free Clause"- thanks…"
Henry replied to Ken Boone's discussion Who Determines how much an operator Sells your gas for?"GLO,
I could be wrong here, but my understanding is CHK invested heavily in constructing their own gathering system when the Haynesville Shale began. With the decline in gas prices, and the loss of rigs, the amount of gas going into their…"
HBP replied to Ken Boone's discussion Who Determines how much an operator Sells your gas for?"Agree with Skip, I've seen people for years now since the main Haynesville boom who kick the tires on professional services, but then go it alone on a lease or other issue. It's not worth it when land and/or minerals are…"
Andrew replied to Ken Boone's discussion Who Determines how much an operator Sells your gas for?"True, most ordinary people were not as educated when they signed their leases as they may be today, but I know more than a few career landmen who signed the same Bath lease with no clauses that the laymen did. But with an issue as complicated as…"
Andrew replied to Ken Boone's discussion Who Determines how much an operator Sells your gas for?"Hopeful, thank you for your kind feedback. I've added a blog post that reproduces my answers to Ken's questions. I will post a link to this thread once it is approved."
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Ken Boone's Blog
Division ORders
Posted on August 14, 2011 at 7:35pm 0 Comments 0 Favorites
I wanted to know when a family receives royalties, do each person receive separate division orders? OR do just one person for the family receive them?
Comment Wall (3 comments)
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Join Go Haynesville Shale: Leasing, Drilling and Mineral Rights
- At 11:56am on March 28, 2012,
Skip Peel- Independent Landman said… Ken, I'm swamped. I refer you to GHS member, Julie Freeman. (409) 584-1842 jifenterprises1@gmail.com
- At 10:49am on March 28, 2012, Skip Peel- Independent Landman said…
Without some detail, which may or may not be knowable, it is impossible to quote a price, Ken.
- At 10:17am on August 6, 2011,
Keith Mauck (Site Publisher) said… - Hello! I hope the site is a place for you to learn, network and contribute. My name is Keith and I started the site in June of 2008 to open up lines of communication between landowners. Since then, we have grown to over 13,000 members.
Because our network has grown word-of-mouth, I want to encourage you to invite your friends and family by clicking here.
Be sure to check out our tool bar. It will speed up your participation. Download our free toolbar
There are a couple things you should check out. 1) Check out current discussions. 2) Join in on the County and Parish Groups. By joining a County or Parish, you are networking locally with people who share similar concerns.
Be sure to read up on how to navigate the site HERE. This will help you get the most out of the site.
As a member, should you ever be on the recieving end of crudeness, rudeness or spam, let me know. The site is a peered monitored site and we need your assistance.
best,
Keith "Haynesville"
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P.S. Have fun SHALING!
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AboutAs 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 |
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