We receive checks from XTO for our mineral rights in midland county. Chevron has recently sent us pooling agreements to sign for horizontal wells they want to drill. Since XTO has our lease, can another company drill wells. And does anyone know how to talk to a person at XTO and not the digital computer generated loop? Thanks in advance for any help you can offer.
First, Mineral interests will often be leased to different companies, whether in the same tract or in the multiple tracts being put together for a well. The lessees need to agree which company will be the operator and which company or companies with be non-operating working interests in the well. Second, your lease may have been assigned or farmed out to Chevron with respect to the depths or formation for the proposed horizontal well, instead of XTO (Exxon) participating. An assignment would be filed in deed records. You can email your question to owner relations at both companies, keeping in mind that large companies are slow to respond. Look at the cover letter and contact the named sender for quickest response.
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I forgot to thank you for your quick reply. I appreciate the information very much.
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