What's the procedure for getting an oil well set on your property?

Question

I have about 50 acres of land in Louisiana. A person on a neighboring piece of land about 400 yards over is having a well put in place on his land. I'm almost positive that there is oil and gas on my property as well. Testing has shown oil to be throughout the area. It follows a path once called the Tuscaloosa Trend. What is the best route I can take to have a well set up on my property to allow drilling?

Answer 1

Do you own the mineral rights?
There are people who make a business of leasing mineral rights. Talk to them. In that area of the country you ought to be able to find them in the Yellow Pages - probably under Oil & Gas - Leasing or some heading similar to that.