"Water testing may or may not indicate inclusion in a unit. Go to the courthouse and check to see if any unit declarations has been filed on your property. If it has you will find a document and a map of the lease indicating the direction…"
"While there is a possibility that your father's lease could expire I would make a good bet that CHK will
be able to extend the lease by various means. Part of the key to this would be found in the lease and how it addresses the term and…"
"The rate for Geokinetics is typically around $5.00 per acre. The main thing you want the agreement to say is a liability release for any worker. You also want to make sure it states they will repair or reimburse you for any surface…"
"Well done Penny. The reason gas companies want you to sign to increase the unit size is because it will benefit them, not you. Do not give up your Pugh clause either. Your attorney gave you sound counsel. Your lease could…"
"So you are in fact getting $13000 per disturbed acre? $6500 per acre PER Each pipe? If not why is the water pipe FREE?
You confirm my point about "fresh" water. You have a definition and I guarantee the gas…"
"One other thing to consider when discussing a pipeline ROW. Ch 16 did a story a few days ago where they interviewed a land owner who had just signed a ROW with Laser Midstream (Laser also develops gathering lines for CHK and other gas…"
"Bob, be very careful with any pipeline agreement. Be sure you understand how many pipes, gas, water ect will be allowed on the right of way. If you are dealing with AMS regarding the pipeline I would be particularly careful.
"I recently had several meetings with Chief. Chief is not selling leases to CHK in Sullivan County. Chief and CHK have signed an AMI (Agreement of Mutual Interest) to develop Sullivan County NG assets together. This agreement is for…"
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 ]