Energy Industry (Oil & Gas)/oil/natural gas royalty payment

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Question
I have a oil/natural gas lease with Kenyon Energy L.L.C.  I live in Rumley Township, Harrison County, Ohio.  There is a oil/natural gas well (Fracking) exactly .5 miles from my residence.  Numerous other well in the area.  Do I receive royalties from this well?  What is the distance in which we receive payments?  Also, when are they required to pay landowners?  Thank you for your time and consideration!

Answer
Do you own the mineral rights within the spacing unit of one of these wells? If so, then yes, you will be paid royalty according to the terms of your lease. A company usually has six months or so to begin paying royalties on any well drilled but this differs by state law so you may want to check Ohio's.

If you're not sure you're in one of those units I'd call your lessee and ask them. They should be able to tell you.

Hope this helps you out.
Frederick M. "Mick" Scott CMM, RPL
www.mineralhub.com
The Mineral Hub  

Energy Industry (Oil & Gas)

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Frederick M. Scott

Expertise

Oil and gas leasing, lease negotiations, how to best deal with the oil and gas companies or their representatives, buying/selling mineral rights, forced-pooling, correlative rights, deeds and conveyances, and "post-production" costs. I am most experienced with Oklahoma properties and laws, but am able to answer questions concerning other oil and gas producing states in many cases.

Experience

I am a Certified Professional Mineral Manager (CMM) certified by the National Association of Royalty Owners (NARO) in Tulsa, OK. I am also a Registered Professional Landman (RPL) with the American Association of Professional Landmen (AAPL). I have managed my family's oil and gas properties in Oklahoma for over 10 years and have dealt with many landmen, title analysts, attorneys and other oil and gas professionals in the process. I have written articles of interest to mineral rights owners which have appeared in various industry magazines and newsletters. I have negotiated and drafted leases, prepared deeds, affidavits, and other legal instruments relating to my own minerals, as well as performed title, legal research, and curative work for same. I have acquired a good deal of knowledge on the subjects of oil and gas law, mineral appraisal, and land and title work over the past ten years, and have also worked as a professional landman. I've seen the business from "both sides" and therefore feel confident I can help out most of the folks who ask questions in this forum.

Publications
National Association of Royalty Owners "Action Report" (ROAR); NADOA Magazine, The Mineral Hub, Landman Magazine, and several royalty owner association group's newsletters.

Education/Credentials
Certified Mineral Manager (CMM), Registered Professional Landman (RPL)

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