Go Marcellus Shale

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Dan Brockett
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Latest Activity

George Brown left a comment for Dan Brockett
"Hi Dan I signed with Shell for $3250/acre and 18%.   Here are some ideas for addenda to a lease. Make sure the royalty is gross, at the wellhead rather than net after deductions Pugh Clause Restore premises to pre-drilled conditions Shut in…"
Nov 16, 2011
ShaleAdvice and Dan Brockett are now friends
Nov 5, 2011
Dan Brockett replied to Mary Jurcevich's discussion 'First Penn Oil and Gas Lease?'
"George - I'm in Irwin Township as well - I wasn't aware that Shell had made it up here yet. We have heard from Seneca. Can we swap notes?"
Nov 3, 2011
Dan Brockett replied to Mary Jurcevich's discussion 'First Penn Oil and Gas Lease?'
"What landowner group is this - in Irwin/Victory Township?"
Nov 3, 2011
Dan Brockett replied to Shaler's discussion 'Beaver County PA Land Groups'
"Interesting... I have only heard from Chesapeake and vague interest from East Resources."
Jul 12, 2010
Dan Brockett replied to Shaler's discussion 'Beaver County PA Land Groups'
"I think there has been a recent flurry of activity in parts of Beaver and Lawrence. The only company I have heard offers from is Chesapeake. There offer is $1,500/acre and 12.5%. There are a couple of small groups of landowners who have gotten…"
Jun 30, 2010
Dan Brockett is now a member of Go Marcellus Shale
Jun 30, 2010
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Profile Information

What is your role in the Marcellus?
Landowner, Other
Why are you here?
Networking, Learning, Leasing Your Land, Protecting the Environment, Business Opportunities
Which state(s) are you following?
Pennsylvania

Comment Wall (2 comments)

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At 8:36pm on November 16, 2011, George Brown said…

Hi Dan

I signed with Shell for $3250/acre and 18%.

 

Here are some ideas for addenda to a lease.

  • Make sure the royalty is gross, at the wellhead rather than net after deductions
  • Pugh Clause
  • Restore premises to pre-drilled conditions
  • Shut in limit, 5 years or less if you can get it.
  • Oil and gas only (not things like gold, uranium, copper, etc).
  • Lease release - just states that they need to provide you a written release if/when the lease is terminated for any reason.

Hope that helps.

At 10:25am on July 14, 2010,
LandownerKeith Mauck (Site Publisher) said…
I wanted to officially welcome you to the site! GoMarcellusShale.com isn't just a website - it's a network with tools that allow us to fully share our experiences in the Marcellus. Please be sure to fully check the site out. Be sure to note the following:

1. County Groups - Here you can connect with others in your neck of the woods.

2. Discussion Forum - Here you can take part in general discussions on the play.

3. Photos - Get a feel for the play with member generated photos and upload your own.

4. Videos - Check these out

5. Mineral Lease Offers - Track recent offers or add an offer to our excel spreadsheet.

6. Blogs - Add a blog and let us know what you think or share some of your expertise.

Great to have you on board and I hope this is a place you can jump right in and contribute. Have fun "shaling."

best,

Keith Mauck
Site Publisher
 
 
 

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