"Ask the Landman for proof of the neighbors lease and ask the landman why he is so determined to lease your land. He should be an honest person and explain these things to you in detail. If not do not sign with him and contact the company he is…"
"That's why its a good idea to test all water before operations start and test again when complete. Then we know who is to blame and there is no denying it.
Make sure an addendum is in your lease for "third" party water testing."
"Pay someone based off of Royalty commission and make sure its an override above the agreed royalty that you will accept. The Energy company has to eat that cost. Then the "negotiator" doesn't get paid until the unit is drilled and…"
Well it sounds as if you are interested in learning and you are smart for being an informed land owner and not being lured by the large bonus into signing away.
Keep in mind drilling commitments are rare and the only ones I have been able to…"
You are correct, getting a 300-600 acre group together is better than your 80 but it depends on who is leased around you and with whom they are leased as well as many other factors. Also like many have stated I would rarely represent a…"
"Greene county is the highest paying area... Are you aware of what the going rate is? Also for the thousandth time, lease bonuses are based on supply, demand, competition, price of Gas, New state taxes, how much land the company already has under…"
This sounds like a problem I heard on the radio a few Sundays back, you should call into the natural Gas radio show on Sunday and explain this problem on the air... Seems as if they get results pretty quick for the listeners,,, good luck"
Its not really an extension it just allows them to be able to drill a shallow well on the property. Once a shallow well (or any well) is drilled you begin receiving royalties. Once you begin making royalties your "lease" remains…"
Just wanted to touch base with you. Hope things are well and that this is a site where you can dive in and begin contributing. Please be sure to check out our county groups and see if there is a county you can participate in. Have fun "shaling."
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 ]