Dishonest Nat Gas Company

Discussion in 'Energy' started by madintx, Jul 1, 2010.

  1. madintx
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    madintx Rookie

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    My family has been in a law suit for years with an infamous energy company. Kentucky landowners just won a law suit with this cheat. The things they do to cheat people out of their property is despicable for example of drilling a vertical well(nat gas wells are drilled horizontal) so to lock in 3000 acres to a well that never produced on it own. More diesel fuel was used to keep the well on life support than this well ever produced. Our family's lease expired before this so-called well was ever drilled. Yet they held on to our mineral rights. This is where the government/laws need to be more involved to stop these energy companies from stealing and destroying property. More law suits have been recently filed because this company has polluted drinking water. We would like to see this particular company get bought and the CEO fired.
    M-TX
     
  2. Mr. H.
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    Mr. H. Diamond Member

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    Next time read the fine print. Oil and gas leases aren't that complicated.
     
  3. Charles_Main
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    Charles_Main AR15 Owner

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    I love it when people get duped because they didn't do any research and then blame the big mean company that did it.

    To funny.
     
  4. Old Rocks
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    Old Rocks Diamond Member

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    I love it when Repubs make statements like those above.
     
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  5. Mr. H.
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    Mr. H. Diamond Member

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    Including mine? If so, why?
     
  6. Mr. H.
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    Mr. H. Diamond Member

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    Checklist For Reviewing Lease Forms

    http://www.rmmlf.org/AI50/Checklist.doc

    1. Granting Clause
    • Description of leased substances
    • Cover project objective: coalbed methane, helium, CO2 or other commercial gases
    • Describe the leased substances consistently throughout the document
    • Did you intend to include all “other minerals”
    • Description of leased premises
    -- Properly describe depth limitations
    -- Provide surface access and subsurface easement rights related to the severed depth limitations
    -- Mother Hubbard clause
    • Easement and access rights
    -- Are the access rights specifically described
    -- Consider whether lease is taken from a split estate or the owner of the fee estate
    -- Specific access rights to consider: canals, roads, ditches, ponds, levees, dams, fences, buildings, yards, pipelines, telephone and power lines, compressors, dehydration facilities, tanks, batteries, pits, meters, waterlines, and water disposal facilities
    -- Coordinate the access rights with any later reversion or partial termination provisions in the lease
    -- Have you provided for operations on the leased premises which may benefit adjacent lands
    • Rights of the lessor
    -- Surface use obligations related to lessor’s operations or restricting lessee’s operations, such as set-backs or depth of gathering or flow lines
    -- Reclamation of surface facilities, including addition of surface damage provisions
    2. Term
    • Is the habendum clause a “fee simple determinable” under state law
    • Automatic termination -- are saving clauses adequate
    • Consider definition of paying quantities
    • Partial termination provisions or Pugh clause
    3. Royalty
    • Value
    -- Market value
    -- Proceeds
    -- Fixed price
    -- Affiliate sales
    -- Definition of affiliate
    -- Amounts actually received
    • Quantity
    -- Measurement point
    -- Lost or used gas on and off leased premises

    (entire checklist at link)
     
  7. Middleman
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    Middleman Defender of the month

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    I saw an expose' on TV that this horizontal drilling is have deleterious effects on well water and people's health.

    "Gasland" . NOW on PBS
     
  8. editec
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    editec Mr. Forgot-it-All

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    Ah yes...

    That GOLDEN RULE that American lives by.

    He who has the gold, rules.
     
  9. Middleman
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    Middleman Defender of the month

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    And America is somehow unique in this? :confused:

    I think not...
     

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