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MRP 15: They are Going to Drill on my Land - How Long Before I Start Getting Paid Royalties

MRP 15: They are Going to Drill on my Land - How Long Before I Start Getting Paid Royalties

Episode 15 Published 7 years, 4 months ago
Description

In this episode, Justin Williams joins me again to provide the individual mineral owner's perspective. We discuss the typical lifecycle of an oil and gas well and how long it takes from when they start breaking ground until you start getting paid royalties. We also talk about Texas statutes that exist to protect royalty owners and provide certain timeframes for operators to respond to written requests. Be sure to stay tuned until the end because I also answer some common questions that mineral owners often have.

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