After research, I found that there is an operator in Oklahoma that spud and completed a producing well in 2011 without a lease or royalty rate on one of our properties where we have mineral interest ownership. No royalties have been paid.
I’ve already contacted the operator with proof of ownership. What steps should I take? There is no lease or royalty rate on our property, the property is not NPRI, it is mineral interest ownership.
Thank you in advance. Any help is greatly appreciated.
Depending on cost of the well and operator financial strength. They might have decided to roll the dice and just not pay anything to mineral owners.if the title is extremely confusing and there are hundreds of owners the odds of someone getting a title opinion done shrinks.
As a mineral owner you would have to provide it.
Being from Louisiana I have seen it happen a lot in old fields.
We are in the same situation with inherited mineral rights where there are producing wells. How do I find out who the Division Order Analyst is for our rights in Utah?