Started by Mike Murphy in General Shale Discussions 9 hours ago.
“Five brothers” versus “seven sisters”
More than half a century ago, five major oil producing countries – Iran, Iraq, Venezuela, Kuwait and Saudi Arabia – agreed to work together to deprive seven transnational companies – Exxon, RD / Shell, Texaco, Chevron,…Continue
Posted by Shon Mattox on April 19, 2016 at 10:04pm
I began getting offers for my land a few years back. I had spoken with friends of mine who had also received offers and decided to lease their property out well "the getting was good". I wanted to take a different approach. I wanted to hold out as long as possible (after all the price can only go up right?).
To make a long story short, the well that was in my area turned out to be a fluke and my mineral rights are worthless now. I could have been a couple hundred grand richer, but I…Continue
By Keith Mauck
Today's headlines are fearsome. Yet amid the bad news, there is hope for greater U.S. security through energy.
Gone are the days of stressing over OPEC and oil-supply disruptions; that 40-year nightmare is over. Today, we're experiencing an oil and natural gas boom that promises to strengthen the country.
Rising U.S. crude production generates huge economic benefits. Oil…Continue
Posted by Keith Mauck (Site Publisher) on February 9, 2016 at 11:30am
Here is an Action Plan from Texas for when your O&G Purchaser (Producer) files for Chapter 11. It might help you develop an action plan for your state when you stop receiving Royalty checks. The oil and gas will more than likely continue to be taken free.
Texas Land And Mineral Owners Association
WHEN YOUR OIL & GAS PURCHASER GOES BROKE
A Royalty and Mineral Owner’s Perspective and Action Plan for When
You Receive Notice from the United States Bankruptcy…Continue
Posted by Ron Hale on February 12, 2016 at 3:26pm
As upstream continues to face a challenging operating environment and opportunities open up in other segments of the industry, we've seen this question asked over again - whether on Linkedin or within our…Continue
Posted by Doug Stetzer on March 1, 2016 at 3:42pm
We own a tract of land that has had a gas lease since the middle 70's. It was renewed and had a Coal Bed Methane Lease added to the original along with modifications to the original gas lease in 2008. We conducted an audit in 2014 that actually did not start until 2015. Much to our surprise we found the lease had been totally mismanaged, and the terms of the lease were not being followed. Things such as royalties were being paid to the wrong person, Deductions were being taken that…Continue