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MRP 124:  What to Know About Becoming a Non-Consenting Mineral Owner

MRP 124: What to Know About Becoming a Non-Consenting Mineral Owner

FromThe Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands


MRP 124: What to Know About Becoming a Non-Consenting Mineral Owner

FromThe Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands

ratings:
Length:
29 minutes
Released:
Sep 30, 2021
Format:
Podcast episode

Description

In this episode, we discuss the concept of not signing an oil and gas lease when you are force pooled and deciding to not participate in the drilling of a well.  This is also referred to as going non-consent to the drilling of a well.  There is a lot to consider when becoming a non-consenting mineral owner. We discuss things to consider with the risk penalty that you will be assessed on the non-operated working interest that you now own, and what can happen if additional wells are drilled in the future. There is a lot to unpack in this episode so be sure to listen so you understand your options.  As always, this episode is being shared for educational purposes only and should not be construed as legal advice. As always, to find links to the resources mentioned in this episode go to mineralrightspodcast.com.
Released:
Sep 30, 2021
Format:
Podcast episode

Titles in the series (100)

Welcome to The Mineral Rights Podcast! I'm here to help you to make the most out of your oil and gas mineral rights and royalty interests. From the latest mineral rights news to featured guests, get the knowledge and resources you need to manage your minerals and royalties.