" SAH, Hello. I've been contacted twice by Chesapeake in the past two weeks (I'm in Monroe Township) as they want to consolidate my unit from 640 to 1280. They are attempting to tie up more properties faster before…"
"Hi all. Any suggestions? chesapeake came acalling today; wants to amend our lease, which expires in a year, to 1280 ac. We are in a proposed well unit. I thought if we were to consider it, I'd expect no held by…"
"Babs,We received a letter from CHK as well. We were able to speak to the land man over the phone once and when we went to set up a face to face meeting he would not return our call. He was requesting a lease modification.Further more, friends of…"
"Chesapeake is highly active & aggressive in Carroll County and is looking to tap every acre I am told. We have pads being set up surrounding my area. TSG aka Cougar have been knocking on peoples door daily for seismic…"
"I would not sell my royalties if you're in Carroll County. From a few wells surrounding me in Carroll County, they have produced - if what is being reported is accurate. The below production is provided by the…"
I agree. They were not willing to negotiate anything other than me signing their ammendment with promise to have 6 wells ONLY if the initial line produces. Not promising. Interesting they never sent copy of…"
If they ask you to increase your Production Unit (PU) size then you ask them to guarantee that all 6 wells are drilled and producing within 1 year. Won't 3 wells on a 640 acre PU going NW and a 3 wells on a 640 acre PU going…"
Interesting. It never occured to me that one reason for the oil companies to increase pooling size was to lock-up the lease thus not have to resign (and pay signing bonus in five (5) years). Good info…"
Sign on was not as significant as what people are getting $5k an acre, however royalty percent is decent enough to where I'm not going to complain. Chesapeake never did send the amendment back to me since I told them I would…"
At this point and time the Chesapeake agent indicated Chesapeake would not negotiate for more money. So we will not sign. The gentleman stated he would send the amendment anyway for us to review, but I've…"
"of course the oil co. Wants to makethere units as large as possible for one reason it benefits them. They only plan on putting one horizontal line off of each well. This will tie up the ground. If you haven't signed a contract to be part of a…"
Hi, I need an answer to a BIG question?
Mineral rights are in Rose twp Carroll
, Mineral rights for 200 plus acres, was inherited by
( number at this time 2013) 18 different people. The county sends one tax statement for the grand total of acres to one person and that person needs to collect from all 18 or pay the total in full.
The county says they will not divide the tax bill?
each of the heirs has a separate lease with the Oil and Gas Companies.
Would you know the answer for WHY the county would be giving this answer to us.
This has been going on since 1979 and we are given the same answer, We will not do what you want????????
Thank you PMD
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]