I assume section 22 is a typo--- Specifically I have mineral rights in 1/4th of section 14 and 1/4th of section 22.
If you own 320 acres in section 14 and section 23, then you have a 1/4th interest in the well times your royalty rate in your lease. On Oct 30, 12:55 pm, Weazerman <[EMAIL PROTECTED]> wrote: > A "newbie" question. > Let's say a horiztonal well is drilled between two sections in a > township - north to south starting in section 14 and ending in section > 23 for example. The well is drilled and the pumps and tanks are > located in section 14 on land where I DO NOT own mineral rights, but > the drilling goes horiztontally under land in sections 14 and 23 where > I DO have mineral rights. Specifically I have mineral rights in 1/4th > of section 14 and 1/4th of section 22. That gives me 320 arces of the > total 1280 acres in these sections. Do I have royalty rights to 1/4th > of what's pulled out of this well? Do sections 14 and 23 need to be > in a drilling "spacing unit" or part of a "pool"? It seems to me that > if they have drilled horizontally under the land that I have mineral > rights that I should have some share of the royalties regardless if > the well/pumps/tanks are physically located on the land where I have > mineral rights --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Bakken Shale Discussion" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/bakken-shale-discussion?hl=en -~----------~----~----~----~------~----~------~--~---
