Know & Capture Your Mineral Rights Full Value
Ensure Your Royalty Payments are Determined As Per Your Lease Agreement
We help you verify your royalty payments so you get paid fairly.
Have an Existing Lease?
We help you get paid fairly
A land agent came to your door, offered you a lease and you signed. But how do you know if they have upheld their end of the deal? How do you ensure you have been paid for what they are producing?
That is where we come in. We will audit your royalties and verify that you have been compensated according to your lease agreement. Through this process, we review what has been produced from your land and ensure your royalty payments reflect it. This ensures you are not missing out on royalty revenues that could be flowing to your bank account, not to the energy company.
Whether There is a Well on Your Property or Not
Wells on Lease and Offset Wells
Well on Your Lease
Depending on your lease, you could be eligible for different royalty payments. From straightforward extraction on your land to offset wells that could be draining your mineral rights — we review your lease, verify what is being produced and ensure you are paid correctly and fairly.
Offset Producing Wells
In the case of an offset well, issuing a notification of offset obligations under the lease terms could force the extraction company to drill on your land or pay you compensatory royalties for any offset well drainage that is occurring.
Either way, we help you hold them accountable to pay you what you are entitled to under your lease agreement.
Have Confidence in Your Lease Payments
Verify Your Royalty Payments
At Mineral Web, we have over 40 years of experience in production accounting and production engineering. We use that experience to offer you a simple, three-step process for verifying and calculating your royalties.
On your behalf, we will:
Review your lease
Producing Wells
Well on Your Lease: verify the production of the well on the lease
Offsite Well(s): verify the production of any offset well(s)
Final objective: you get paid more!
Turn Your Lease into a Lucrative Paycheck
Lease Vintages & Your Lease Review
Lease Agreement Vintages:
CAPL 88 (1988)
CAPL 91 (1991)
CAPL 99
CAPL 2014
SLL SK 88 — Scott Land Lease Sask. 1988 (CAPL 88 Sask)
CAPL 91 SK
Pre-1988 — every agreement is unique
We will review your lease and ensure your terms and conditions are being met.
Lease Review
We will review your existing lease paying close attention to the specifics of your lease terms in the following areas:
Review existing lease(s)
for royalties and offset wells to maximize your royalty revenues.
Audit royalty payments
to verify your current royalty payments and ensure they are determined fairly, and support your efforts to have the producing company correct historical errors.
Review production from any offset wells
If there is offset production, we will provide a procedure to trigger the Offset Wells clause and calculate the compensatory royalties.
Review provincial mineral taxes
and work with the producing company to ensure these are paid on time and correctly on your behalf.
Support estate and inheritance planning
handled by your agent.
Provide compulsory pooling
technical and business support you may require.
Learn More About Your Freehold Mineral Lease and Royalties
Contact us
wayneolson@mineralweb.ca
403-861-7295
156 Arbour Ridge Circle NW,
Calgary, Alberta, T3G 3V9
Submit the form below and we’ll get back to you within 3 business days.