"2000 with 15% has been common lately . If you dont care about what is done with the land ,its not an issue but if you do I would try for a lease that protecks the property from well pad, compressor stations , holding ponds , pipe line right of ways…"
I would guess you were offered a 5 year lease at $1500 per acre with a 15% Royalty. Knowing what I know now, I would have tried harder to hold out for more. If you are in a situation where you can wait, then it might be…"
Hi I'm new and i posted but not sure where. anyway I live in CA and have 47 acres in Tioga County near Morris on one side state of PA on the other State Forrest. I received an unsolicited lease from SWEPI LP and am trying to determine what current Lease prices are in the area. I have only been to the property once in 1972 it was mountainous with a stream near it and the Lewis cemetery nearby been in family 100 years or so.Any help would be appreciatedRalph LewisSee More
"I am new here so pardon my ignorance I live in CA but own land 47 Acres in Tioga County near Morris and have received an unsolicited lease from SWEPI LP for the Oil and Gas rights I have the state of Penn on one side and the state forest on…"
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 ]