Chevron Offer - GoMarcellusShale.com2024-03-29T07:22:35Zhttps://gomarcellusshale.com/forum/topics/chevron-offer?commentId=2274639%3AComment%3A771636&xg_source=activity&feed=yes&xn_auth=noThe gas company can't just ke…tag:gomarcellusshale.com,2018-01-26:2274639:Comment:7717562018-01-26T19:18:26.065ZJames T Monyakhttps://gomarcellusshale.com/profile/JamesTMonyak
<p>The gas company can't just keep paying more for a lease. They have to draw a line in the sand on how much money they are going to offer.</p>
<p>The gas company can't just keep paying more for a lease. They have to draw a line in the sand on how much money they are going to offer.</p> They care much less about the…tag:gomarcellusshale.com,2018-01-25:2274639:Comment:7716572018-01-25T23:06:15.905ZFreestarhttps://gomarcellusshale.com/profile/Freestar
They care much less about the unleased tracts than the shape of the Unit. All of the newer units are very long and skinny to accommodate for the longer laterals being used.<br />
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More and more people will be left out or have partial acreage in a unit based on how narrow the units are formed. Trust me, if they wanted you leased you would be.
They care much less about the unleased tracts than the shape of the Unit. All of the newer units are very long and skinny to accommodate for the longer laterals being used.<br />
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More and more people will be left out or have partial acreage in a unit based on how narrow the units are formed. Trust me, if they wanted you leased you would be. I doubt they would drill arou…tag:gomarcellusshale.com,2018-01-24:2274639:Comment:7718302018-01-24T21:43:23.670ZTusc-county-manhttps://gomarcellusshale.com/profile/paulmartinelli355
<p>I doubt they would drill around to save 3K</p>
<p>I doubt they would drill around to save 3K</p> Don't hold out. They will ju…tag:gomarcellusshale.com,2018-01-23:2274639:Comment:7716422018-01-23T22:35:01.667ZJames T Monyakhttps://gomarcellusshale.com/profile/JamesTMonyak
<p>Don't hold out. They will just drill around your property.</p>
<p>Don't hold out. They will just drill around your property.</p> if they NEED the parcel....al…tag:gomarcellusshale.com,2018-01-23:2274639:Comment:7716362018-01-23T19:25:45.898ZTusc-county-manhttps://gomarcellusshale.com/profile/paulmartinelli355
<p>if they NEED the parcel....all the more reason to ask for/hold out for larger bonus</p>
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<p>Tell em, sure I'll sign......see how fast they get to you...the faster they get there...the higher you hold out for.</p>
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<p>if they NEED the parcel....all the more reason to ask for/hold out for larger bonus</p>
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<p>Tell em, sure I'll sign......see how fast they get to you...the faster they get there...the higher you hold out for.</p>
<p></p> If he has only 2.5 acres and…tag:gomarcellusshale.com,2018-01-23:2274639:Comment:7713122018-01-23T15:45:09.612ZJim Litwinowiczhttps://gomarcellusshale.com/profile/JimLitwinowicz
<p>If he has only 2.5 acres and a house on it, any reasonable setback would mean no surface activity at all. They may be willing to stipulate in the lease that there be no surface activity on that small a parcel.</p>
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<p>With that small a piece of property I wouldn't argue much over the signing bonus. I would try to get the biggest royalty I could. They would not be negotiating with him on a parcel that small unless they are planing on putting in well/unit there.</p>
<p>All just my…</p>
<p>If he has only 2.5 acres and a house on it, any reasonable setback would mean no surface activity at all. They may be willing to stipulate in the lease that there be no surface activity on that small a parcel.</p>
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<p>With that small a piece of property I wouldn't argue much over the signing bonus. I would try to get the biggest royalty I could. They would not be negotiating with him on a parcel that small unless they are planing on putting in well/unit there.</p>
<p>All just my opinion.</p>
<p></p> While I agree that the offer…tag:gomarcellusshale.com,2018-01-22:2274639:Comment:7713032018-01-22T19:00:44.973ZJonathan Hhttps://gomarcellusshale.com/profile/JonathanHall
<p>While I agree that the offer is lower than I would expect, in line with what offers were at the bottom of the market in 2015/ 2016, with 2.5 acres he isn't going to end up with a huge amount, so for him the details are more important than the money - if I were in his shoes, the most important factor to me would be surface access and the clauses dealing with how far away they keep pipelines, access roads, and other disruptions.</p>
<p>I don't know what Chevron leases include, but here in Ohio…</p>
<p>While I agree that the offer is lower than I would expect, in line with what offers were at the bottom of the market in 2015/ 2016, with 2.5 acres he isn't going to end up with a huge amount, so for him the details are more important than the money - if I were in his shoes, the most important factor to me would be surface access and the clauses dealing with how far away they keep pipelines, access roads, and other disruptions.</p>
<p>I don't know what Chevron leases include, but here in Ohio the leases I have seen recently had language keeping these disruptions a minimum number of feet away, starting at 250 and going up from there; check to see what disruptions are included - some leases cover wells and pipelines but not access roads or seismic testing.</p> Will Chevron just drill aroun…tag:gomarcellusshale.com,2018-01-17:2274639:Comment:7714352018-01-17T18:51:28.835ZJames T Monyakhttps://gomarcellusshale.com/profile/JamesTMonyak
<p>Will Chevron just drill around your property if you don't accept their terms? I know there are people who didn't sign and now they receive 0 dollars monthly royalties while their next door neighbor is receiving a 14% royalties. You can't do anything thing about it.</p>
<p>Will Chevron just drill around your property if you don't accept their terms? I know there are people who didn't sign and now they receive 0 dollars monthly royalties while their next door neighbor is receiving a 14% royalties. You can't do anything thing about it.</p> Jason - what township are you…tag:gomarcellusshale.com,2018-01-15:2274639:Comment:7712202018-01-15T21:21:12.376ZRJWITT1https://gomarcellusshale.com/profile/RJWITT1
<p>Jason - what township are you in? </p>
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<p>Jason - what township are you in? </p>
<p></p> It’s encouraging to hear some…tag:gomarcellusshale.com,2018-01-15:2274639:Comment:7713142018-01-15T20:49:57.958ZJasonhttps://gomarcellusshale.com/profile/Jason935
It’s encouraging to hear something going on in SW Pa. Our lease with Chevron expired this past fall. I’m hoping to see someone show up again soon.
It’s encouraging to hear something going on in SW Pa. Our lease with Chevron expired this past fall. I’m hoping to see someone show up again soon.