Bainville, MT

“Does the landowner who doesn’t own his mineral rights get screwed? Yes. No question about it. The landowner who does own his mineral rights– well, he’s got a little more leeway. But you still kind of get screwed. Say there’s a spacing unit that’s 1,280 acres, and you own 40 acres of the mineral rights. Which is most often the case. Mineral rights have gotten divided every which way over the years, so hardly anyone owns all of the minerals beneath them. So, anyways, let’s say you own 40 acres. If you don’t sign a lease on those 40 acres, the oil and gas companies will just force pool you. That means your minerals get drilled anyway, but you get a worse rate for them. So you have to sign, because otherwise you basically get penalized for not signing.”

Mike Wilson
Bainville, MT

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