I have 3 properties with 4 leases. Since inherited years ago I have no idea when they expire or what the lease agreement is. How can I find info on this? thanks mark
It would help if you give a section, township and range or abstract location along with the state and county. Each state is different as to how to find them.
If they are producing, you contact the operator that is sending you the checks. Once a lease is productive, it goes into its secondary term and remains active as long as production continues under the terms of the lease.
Thank you. The properties are all in Pecos County Texas. Blck 114 Trct 1 Abst # 6041 A RIGGS Sec 2 Acrs 40 NE/4 SW/4, block 114 section 2
Blck 114 Trct 2 Abst # 6042 A RIGGS Sec 4 Acrs 200 NW/4 NE/4, energen now diamond back 161 acres ft stockton tr 11 api A Riggs - 4237130466 (Mongoose Energy) Ft Stockton Unit Tr 11 4237133351 and 4237133355 (Diamondback)
Blck 146 Trct 3 Abst # 8263 T&STL Sec 8 Acrs 80 W/2 SE/4, ernmar 80 acres riggs b
Blck 146 Trct 4 Abst # 8263 T&STL Sec 8 Acrs 80 E/2 SE/4, chevron 703 acres little mexico / 650 acres riggs e gomez RIGGS, E. GAS UNIT 1 GOMEZ (ELLENBURGER) CHEVRON U. S. A. INC. 050985
XTO Exxon GOMEZ DALCO UNIT 2 GOMEZ (ELLENBURGER) XTO ENERGY INC. 102124
I guess the easiest would be to contact the operator?
I noticed other saying that lease usually have a finite time.
If they are paying you, then contact the operator for a copy of the lease. If they are not paying you, then the lease will expire after its term-usually three years, but could be shorter or longer.
ok thanks for the info