As energy companies move into our area, homeowners will be approached by individuals associated with oil and gas operations. Here are some simple steps you can take to protect yourself from a dispute over damage in the future:
Know Your Rights
GeoKinetics Form 10-K that is filed with the Security & Exchange Commission (SEC) are highly regulated and provide present and potential investors/shareholders with detailed information about a publicly traded corporation. The section below is from the disclosure of Risk Factors.
“Our seismic data acquisition operations could be adversely affected by our inability to timely obtain access to both public and private land included within a seismic survey. We cannot begin surveys on property without obtaining permits from certain governmental entities as well as the permission of the parties who have rights to the land being surveyed. In recent years, it has become more difficult, costly and time-consuming to obtain access rights as drilling activities have expanded into more populated and protected areas. Additionally, while land owners generally are cooperative in granting access rights, some have become more resistant to seismic and drilling activities occurring on their property and stall or refuse to grant these rights for various reasons. In our multi-client services business, we acquire data sets pertaining to large areas of land. Consequently, if we do not obtain land access rights from a specific land owner, we may not be able to provide a complete survey for that area. The failure to redact or remove the seismic information relating to mineral interests held by non-consenting third parties could result in claims against us for seismic trespass. In addition, governmental entities do not always grant permits within the time periods expected. Delays associated with obtaining such permits and significant omissions from a survey as a result of the failure to obtain consents could have a material adverse effect on our financial condition and results of operations.” -- GeoKinetics SEC 10 K filing. https://www.last10k.com/sec-filings/314606#s673CD9989FFCEE796713D83C131B209D
How to protect your property against damage & trespass
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Document The Activity
We suggest you document the condition of your property before seismic testing occurs in your neighborhood by taking photos with a camera that can time stamp. Take pictures of your foundation before testing. If cracks show up in the future, you will have proof of conditions before and after testing.
If you own your gas rights:
If you are approached by a seismic testing company and you own your gas rights, you do not have to allow them on your property. See our template letter, which you can download and send to the testing company to deny access to your property. We suggest that you consider sending a certified letter to ensure you have proof of receipt. If you do not allow seismic testing on your property and the company continues to harass you, call police to report it.
If you do not own your gas rights:
If you are approached by a seismic testing company and you do not own your gas rights, or are unsure if you do, use the template letter below to deny access until the company proposing testing can prove they have identified the oil and gas owner, and that owner has hired the company to perform seismic testing on your property. Here is a website suggested by our lawyer with more information on seismic testing.
We suggest that you consider sending a certified letter to show have proof of receipt. If you do not allow seismic testing on your property and the company continues to harass you, call police to report it. Please contact us with any questions or email us any pictures at email@example.com