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Oklahoma Message Board

Not getting paid my working interest royalty

  • 08/20/2012 1:12 PM
    Message # 1051696
    Anonymous
    I have a working interest in an oklahoma well. It was passed to me when my mother passed away. We have never been able to get the man in charge to send us a copy of the contract nor will he pay us on a regular basis. I have to continuously call and he makes excuses or says a check is in the mail. I have asked for info on the well numerous times and he will not send it.  I have a feeling he is using the money for the well to invest in other wells because he is always looking for new investors but does not pay the ones he has. What can I do to solve this problem??? Thanks, Debra
  • 08/21/2012 8:41 AM
    Reply # 1052372 on 1051696
    Anonymous

    If you have provided all of your mothers probate documentation showing you are now the owner, you have a couple of options.  You first need to obtain the state production records to determine approx. how much your short and then determine if the dollars justify the cost of an attorney.  The second option is more of the same.  Be aware as a working interest owner you would be part of any litigation, if the operator is sued for issues with this well and secondly if he were to abandon the well you might be subject to your share of plugging costs.

     

    Revenue or not it may be worth the legal cost to sell your interest to the operator and remove yourself from the situation.

  • 09/19/2012 3:28 AM
    Reply # 1076318 on 1051696
    Anonymous
    How do I obtain the state records? I don't have an API number just the well name and county. Thanks for reply. 
  • 09/19/2012 8:57 AM
    Reply # 1076489 on 1051696
    Anonymous
    What is the name of the well and the county of location?
  • 09/20/2012 7:53 AM
    Reply # 1077577 on 1051696
    Anonymous
    It is Azure Glade #5 in Logan County. 
  • 09/20/2012 9:31 AM
    Reply # 1077660 on 1051696
    Anonymous

    The Azure Glade #5 was drilled and completed by Titan Oil & Gas and is located in the North half of the Northeast quarter.  API: 35-083-23618, Spud: 9/10/02, Completed: 11/7/02, Vertical depth: 6,351 feet, last twelve months production (also includes production from the 5-2 & 5-3) Gas: 15,485 MCF's, avg 1,290 MCF per mo, Oil: 3,977 barrels, avg per mo 331 barels.

     

    In case your also part of the other Azure Glade wells, the following are the names and API's: #1, 35-083-23570, #5-2, 35-083-23700, #5-3, 35-083-23701, #4 plugged 5/12/04. 

  • 09/25/2012 9:49 AM
    Reply # 1082781 on 1051696
    Anonymous
    Wow! Thanks so much for all the information! I don't know how you did that but I sure do appreciate it!
 
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