BuckinghamGasMan
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Royalty structure in Pa
4 Replies

Started this discussion. Last reply by Rita McConnell Jun 22, 2009.

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Latest Activity

BuckinghamGasMan replied to Kenneth E. Williams's discussion 'Companies that buy mineral rights in Sullivan County, Pennsylvania.'
"Don't know Eagle, but a company called Master Mineral Holdings, Inc is buying in the state. 724-206-0016."
Apr 22
BuckinghamGasMan replied to The Hiker's discussion 'How does Antero split the pie when Consol has acreage in their drilling unit?'
"I'm not not answering because I am an expert but I would expect that a company can't create a Unit which would include land not under their control. Maybe they have flipped the acreage but not told the landlord?"
Apr 22
BuckinghamGasMan replied to hunter4440's discussion 'Real estate taxes on minerals'
"I think you need to tell us what State you're in -- that makes a difference. Also, each County in Pa has amazing latitude, mostly because you have to sue in each county to force them to comply with the state law. Are they doing this because…"
Feb 26
BuckinghamGasMan replied to Frank Walker's discussion 'Every landowner oppose PA Senate Bill 744 regarding royalty owner taxation'
"Regardless of whether or not this gets passed, the value of gas under unleased property should be valued the same as actual gas royalties. In other words, someone without a lease should also be taxed for the value of their gas even if they are not…"
Feb 11
BuckinghamGasMan replied to Frank Walker's discussion 'Every landowner oppose PA Senate Bill 744 regarding royalty owner taxation'
"Regardless of whether or not this gets passed, the value of gas under unleased property should be valued the same as actual gas royalties. In other words, someone without a lease should also be taxed for the value of their gas even if they are not…"
Feb 11
BuckinghamGasMan replied to Schnoozie's discussion '3.8 % of Oil and Gas Royalties for Obamacare'
"If you get me $200,000 in royalties in a year, I'll pay you (or the government) 3.8%"
Jan 28
BuckinghamGasMan replied to jb379's discussion 'Yoko & Sean visiting PA frack sites'
"Dogs wouldn't bother her -- professional courtesy."
Jan 21
Kris Park replied to BuckinghamGasMan's discussion 'Is there a minimum royalty rate in New York?' in the group New York Landowners
"NYS, like PA, has a state wide 12.5% minimum royalty due to the owner of the mineral rights. "
Jun 22, 2012
Thomas J Shepstone replied to BuckinghamGasMan's discussion 'New DRBC Regs' in the group Wayne County, PA
"The mystery regarding Governor Markell's holding the DRBC hostage:  http://eidmarcellus.org/marcellus-shale/the-markell-mystery-why-is-he-holding-the-drbc-hostage/"
Mar 1, 2012
BuckinghamGasMan replied to Kim D's discussion 'SO...NOW I HAVE NO MORALS?!'
"I understand completely. I have been called greedy for leasing my land by people who want no drilling to occur so that they can visit on weekends and enjoy the pristine view. My definition of greedy is people who want others to pay taxes and…"
Dec 21, 2011
brian kulp replied to BuckinghamGasMan's discussion 'New DRBC Regs' in the group Wayne County, PA
"great more procastination might be time to corbit why the drbc is telling us what we can do with are land just a ?"
Nov 20, 2011
BuckinghamGasMan replied to Daniel Treinkman's discussion 'Pike County Pa' in the group Penn Land Owners
"Pike has shale, but probably not gas. I think exploration there will be after all other gas is located in the Marcellus."
Nov 10, 2011
brian kulp replied to BuckinghamGasMan's discussion 'New DRBC Regs' in the group Wayne County, PA
"things are looking up about time thks for the info"
Nov 9, 2011
BuckinghamGasMan added a discussion to the group Wayne County, PA
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New DRBC Regs

Well, the long awaited DRBC regs may be here. They were posted late today. There will be no comment period, that is over. The DRBC Commissioners will vote on the regs on November 21. Anti drilling groups have already said that they will sue, regardless of what the regs say. See: http://www.state.nj.us/drbc/notice_naturalgas-draftregs.htm for the regs and a "fact sheet". At first blush, the permitting system seems to be…See More
Nov 8, 2011
BuckinghamGasMan replied to Joy F.'s discussion 'Land Leases - Cogan Station' in the group Lycoming County, PA
"Find out who has all the leases around you and see if that company is interested -- unless it's also Range. You might check with Range, maybe they don't think your lease expired."
Nov 2, 2011
BuckinghamGasMan replied to Hooch's discussion 'What is the forecast for Wayne Co.?' in the group Wayne County, PA
"From a personal point of view, I would not buy land in Pleasant Mount for gas speculation. I thjink it is too far south and too far west. It is close to the "Lackawanna Synclinorum" where mountain building changed the Bituminous Coal in…"
Oct 6, 2011

Profile Information

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

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Comment Wall (4 comments)

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At 4:22pm on March 15, 2010, Carolyn said…
I did not say one word about your land . I said that in Dimock where I own property, fifteen families have and their water ruined and yes it IS due to fracking. One person's well exploded. There was an 8000 gallon toxic spill. Cabot was fined by DEP but of course that does not stop the fracking. And the tired old line about how" unpatriotic" it is to have concerns about the environment. Give me a break ! I don;t care if you want to ruin your land but I do care when it impacts me, which it does. Who gave you the god given right to exploit the land at others expense? I would call that highly unpatriotic.
At 3:27pm on March 15, 2010, Carolyn said…
It is not unfounded fear in this case, my neighbors have poisoned wells! How can I put it more clearly! and so do many others in areas all across the country. The gas industry cannot just march into a populated area such as Northeast Pa and put in as many drill rigs as they want. Cabot told the people on Carter Rd that they would put up one well on 620 acres and would be gone in 3 weeks. Now there are dozens of wells in Dimock and many more permitted. I am not opposed to natural gas per se, I am opposed to international corporations running roughshod over a community of people who yes, need money but also need clean air and water. I need money too, I support myself but that does not mean I am willing to hand over my land to Halleburton or Chesapeake, or Range or any other of dozens of companies waiting to get the gas. Clean air and water are resources as much as energy is and they need to be safeguarded. I can assure you that is not happening in Dimock.
At 3:06pm on March 15, 2010, Carolyn said…
ps: you said my comments were " rife with inconsistancies" ( that's a cliche) but you failed to point them out. If you can show me data proving that hydrofracking is regulated by the federal Clean Air and Water Act, I will be happy to take back my words.
At 3:03pm on March 15, 2010, Carolyn said…
Sorry but I am not making this up. Hydrofracking does not fall under the auspices of the Federal Clean Air and Water Act because Dick Cheny had it exempted. Makes sense since he owns Halleburton. And sorry, known carcinogens are used in fracking. I have the list from the DEP. It includes benezene, tuolene, diesel derivatives and other biocides. These are all cancer causing substances that remain in used frack water. Whether you have them elsewhere in your home is a moot point. Even if they are used in .05 parts per gallon, when you figure that 4 million gallons of water are used to frack a well, the computes out to 20,000 gallons of toxins . Per well.
 
 
 

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