"Hi there, I know you should contact a tax advisor, but how much is lease money taxed on the federeral and state level? Does that need to be mailed in on a quarterly or just at the end of the year? Thanks for any input, Sean"
"If you are considering doing this as an individual, your best bet might be through your own dentist. Before Christmas, there were accounts of people going to store lay-away desks and, anonymously, paing off strangers' accounts.
Dear listers, it would be really encouraging to read about what folks are doing with portions of their money to help less fortunate people in our community. I have not yet received a big lease or royalty but I was thinking if I did it would be neat to help get started an outreach to help folks with dental work that cannot afford it in these tough economic times. Our church group gives clothes away every month and I am always pained to see the terrible condition of these peoples teeth! Any…See More
"I see that your moniker is NY Gas Rights. Pa does not have forced unitization (I believe that NY does). Is it possible that the rules you cite are NY rules and not PA rules? I very well could be wrong since I am not a lawyer (as though that's a…"
"Im not quite sure how you feel this is "unfair?" You chose you sign with the organization of choice, and your neighbors chose to sign with theirs. I would recommend talking to your adjacent land owners before you sign in the…"
"Yes there is law that requires the companies to deal with each other; and there is Contract Law that protects the landowners. Most people in a unit, or bordering one, get a notice of water consumptive use required by the SRBC as their…"
"Wrong Buckingham. If your land is included in a unit AND you have a lease, it makes NO difference where the bore holes are. You are entitled to royalties for every acre included and declared in the unit. You own your mineral rights, but you…"
Shell (formerly East) will file a Declaration of Pooling and Unitization in the Lycoming county courthouse. The document will have a map of the drilling unit and an exhibit that lists all the properties and leases included in the…"
I'm guessing that the lines go all around you, but not under you. If they don't go under you, I think the law is that they are not extracting your gas. Chief should really have traded your lease with Talisman. Maybe you can…"
"Thankyou Ellen for your reply, the unit is with Talisman and our property is signed with Chief. We talked to people from Chief and were told there was nothing we could do about it. We also talked to a lawyer in Bradford Co. and were told there was…"
I live in buttonwood and am pretty familiar ( I spend too much time in the courthouse....) with all the units here. If you can provide some detail or the unit you think you will be part of I can try and get you some…"
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.
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 ]