Aren't You Glad She Ain't YOUR Royalty Owner?

Or, in any case, aren't you glad you don't have to deal with these old facilities?  Just an example of what you can find yourself buried neck deep in when you participate in a divestment package from a major.  I wish that we, as an industry, chose to respect our royalty owner partners, even when they choose not to respect all we do for them.  We will pay dearly for our high-handed approach.  Worse, our country AND the royalty owner community will pay dearly for not hanging together.

In this example, the royalty owner rented a gas detector camera to check out ExxonMobil meters and facilities.  The sound track is excellent!

To check out more of her work, go to http://rancholosmalulos.com/

Comments

[Jim]

I have had landowners save me a lot of money and grief by finding and letting me know about leaks and equipment failures. Seems to me Exxon is dropping the ball here. I have many friends that have made millions by buying neglected leases from majors and large independents. This (on the surface of it at least) looks like just such an opportunity. It could also be just as bad for the acquiring company, if the landowner is constantly "sniffing" about...