"If you pay a lwayer out of the royalties you are looking at possibly paying about $100,000 for their service which takes them about 10 minutes because they have done this so many times and already have a contract negotiated. Pay your attorney hourly…"
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Whitt
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Whitt replied to Oil and Gas nightmare's discussion 'lAYWERS PERCENTAGES whats fair?' in the group Greene County, PA
Whitt replied to Richard Evers's discussion 'Atlas vs Chesapeake' in the group Greene County, PA"I was only trying to emphasis that fact that most of these little players that are in the area don't have the means to drill a horizontal well that will get max production. As much as I would love to have a verticle well that is at a depth of…"
Whitt replied to Richard Evers's discussion 'Atlas vs Chesapeake' in the group Greene County, PA"I find it interesting that you would say that these smaller companies are the ones to go with. You are speaking of having the royalties to be the most beneficial part of signing a lease. Many of these smaller outfits will drill a shallow well that…"
Whitt replied to Richard Evers's discussion 'Atlas vs Chesapeake' in the group Greene County, PA"Atlas might be drilling on the adjacent property but it is probably a verticle well since that is all they really look to drill down here. They are just tying up as much acreage as they can because they have a lot of leases that are about to expire.…"
Steve left a comment for Whitt"Hi
You responded to a general question about a proposed severance limitation in Butler County that a landowner obtained in a lease offer. Is there a website or some other source that provides a general geologic strata map and estimated range of…"
Whitt commented on Butler, PA's blog post 'Depth Severance'"This depth severence seems to be pretty good. This will only allow the company to produce the Marcellus and it leaves you the option to both the shallow rights and the deeper rights. I am not real sure of the exact depths of these formations in…"
Whitt commented on Keith Mauck (Site Publisher)'s group 'Greene County, PA'"Does anyone have any information in regards to a company leasing by the name of Coldwater? I was approached with an offer from them but I am a little skeptical because I have not heard much about them. I don't know who there operator is or if…"
Whitt commented on Keith Mauck (Site Publisher)'s group 'Greene County, PA'"Obviously the lack of logic behind the majority of your comments have created multiple responses from a lot of the members in this community. I think some of the bigger players have been here for a long time. Range, Atlas, Chesapeake, and others.…"
Whitt commented on Keith Mauck (Site Publisher)'s group 'Greene County, PA'"So we have seen prices in the Barnett get upto 25K so I totally see where we are going to get to 35K. There is absolutely no logic behind this statement at all. There is supposed to be 3 times as much gas here but it is my understanding that the…"
Whitt commented on Keith Mauck (Site Publisher)'s group 'Greene County, PA'"I understand that the gas has been here for a billion years but I haven't been making anything off of it for that long. I know that it won't go anywhere unless I have someone develop it. I am waiting to see where the prices are going to go…"
Whitt replied to roy jones's discussion 'The most common accusations against shale exploration - and yes, ANSWERS'"I take it you don't have any rights to your minerals because all you look at are potential problems that rarely occur. You need to stop reading all the slander of gas companies that rarely hold any truth to them. I think you should take the…"
Whitt replied to Sinclair's discussion 'question on royaltiy allocation'"That is not how the royalty portion works. You will only receive royalties for the proportinant share of the property that is being developed. There is not going to be a company that will pay you royalties on acreage that is not being produced. You…"
Whitt commented on Keith Mauck (Site Publisher)'s group 'Greene County, PA'"Where is that Rice #1H well being drilled exactly? I have seen a few rigs in the area but nothing that looks like it is capable of horizontal wells."
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- At 10:32am on April 8, 2010, Steve said…
- Hi
You responded to a general question about a proposed severance limitation in Butler County that a landowner obtained in a lease offer. Is there a website or some other source that provides a general geologic strata map and estimated range of depths and thicknesses to various formations? Is there information that is publicly available with this information in various counties throughout PA?
Thanks.
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AboutWhat 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 ] |
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