We have wells in Burleson County, Texas operated by Daylight Petroleum and now Magnolia Oil & Gas Operating on a small portion of our land. There have been no producing wells on this property for years except the ones now held by Magnolia. We have an old lease with various “Partial Assignments and Conveyances” to various operators throughout the years with Chesapeake and now WildFire being the latest ones. Chesapeake drilled new wells on property near ours that we are pooled into. My question is: Since there was no production for so many years, do we have any grounds to try to secure a new lease, and if so, can we do this after Chesapeake included our property in wells without our knowledge. I will contact an attorney regarding this issue, but I just wanted to see if it was worth pursuing. Thank you for any input.
Go back and read your original lease and check all of the language for pooling and production. If the current well that is producing is still keeping the old lease active or the nearby pooling included your lands and was allowed by the lease, then you may not re-negotiate.
Very complicated business. The people that sold land for dfw airport tried to go back and sue the buyers when they found gas on the airport land
Dealing with the Government agencies during the acquisition process varies due to the purpose of the acquisition. There are a number of lakes where, in the 50’s and 60’s, the Corp of Engineers condemned/purchased only surface rights for lake purposes. Thought process was they would never permit a drill rig on a platform in the middle of the lakes. Landmen earned their keep when horizontal drilling came into play and those prior owners’ rights needed to be leased. The same has occurred with some city, county, state and federal roadways.
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