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shut-in royalties

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Read more about the article MRP 242:  Can a Shut-in or Plugged Well be Reopened?

MRP 242: Can a Shut-in or Plugged Well be Reopened?

  • Post published:April 25, 2024

You may see that one or more of the wells on your property is listed as "shut-in" or "plugged and abandoned" on the state oil & gas commission website and…

Continue ReadingMRP 242: Can a Shut-in or Plugged Well be Reopened?
Read more about the article MRP 53: Negative Royalties and What to Do When Your Well Gets Shut-in

MRP 53: Negative Royalties and What to Do When Your Well Gets Shut-in

  • Post published:April 21, 2020

Everyone will have seen the news by now that the price for WTI crude oil for May delivery went negative for the first time ever on April 20, 2020 and…

Continue ReadingMRP 53: Negative Royalties and What to Do When Your Well Gets Shut-in
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