MRP 124: What to Know About Becoming a Non-Consenting Mineral Owner
The Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands
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Show Notes
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.