I'm not reading through this thread to see if this has been answered. But I will say from personal experience that if they set up a well on the property, they must pay you (the landowner) a fair value for the acreage being used for said well. However, any royalties will go to the holder of the mineral rights.

My family owns 800 acres of cane field in Louisiana with an active well from the previous owner who is getting those royalties, but my family gets a yearly lease that is renewable every couple of years. My family is not entitled to any royalties until the active well has not produced for 10 years. I'm no expert on the matter, but that is my understanding from personal experience.

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Posted by LSUGUMBO

Shreveport, LA

Member since Sep 2005

8585 posts

Posted on 11/1/13 at 1:50 pm to braindeadboxer

OK- I just looked at the sections surrounding section 17, and there is only one well producing, and it's in Section 20 (to the south). It's producing in the Wilcox formation, and it's an oil well. Looks like it's doing OK- drilled in 2010 to a little past 15000', and it's producing somewhere in the neighborhood of 2000 barrels/month.

I don't know much about the Wilcox play, so I don't know if it's in the beginning stages, but it looks like these are probably fairly expensive wells to drill, but 2K barrels/month is a pretty good return, I think. There are a few permits that have expired since this well was drilled, and a few dry holes drilled, but not much activity other than that.

CMLSU- 31-6S-4E has no drilling activity in that section or in any surrounding sections.

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