"Susan: Yesterday, we communicated about Leases in Morgan County, I believe. I don't see them on this site now.. I am never confident of how to manipulate these websites. Maybe , Keith, moved them since they might have belonged on a…"
All things pertaining to the Marcellus & Utica Shale
-
William A Thorman Jr
- Landowner
- Blog Posts (1)
- Discussions (12)
- Events
- Local Groups
- Photos
- Photo Albums
- Marcellus Videos
William A Thorman Jr's Discussions
Shallow Well -Deep Shale Drilling
21 Replies
I originally posted these questions in the "Blog" and got no response. A member graciously suggested I post it on the Shale site. I hope I am in the right place now. Thanks,'Being new to the group,…Continue
Started this discussion. Last reply by Kathleen Apr 19, 2012.
Gifts Received
William A Thorman Jr has not received any gifts yet
William A Thorman Jr's Page
Latest Activity
William A Thorman Jr replied to Keith Mauck (Site Publisher)'s discussion 'Membership Moratorium'"I joined to find information and to find folks who were helpful and collegial. I am and probably will be for some time a novice in the world of mineral rights and exploration but I have found some folks on this site who never treat a question as…"
A blog post by William A Thorman Jr was featuredBasic questions about Shallow Well vs Deep Well issue
'Being new to the group, I have some learning to do. I am selling my surface land and retaining all mineral rights. I want to allow the buyer to have rights for a gas well for his home use and to share half of the royalties if any from that well. I understand that the deep well/shale drilling production does not present gas useable for surface owner use. If that is correct, would limiting drilling to a shallow well level for his purposes affect my right to deep well gas leasing? Also, if no…See More
Kathleen replied to William A Thorman Jr's discussion 'Shallow Well -Deep Shale Drilling'"Here's a link to your county discussion group. http://gomarcellusshale.com/group/morgancountyohio
There isn't a ton of activity but it seems that last month a landowners group was having meetings. I would read a lot of those discussions…"
William A Thorman Jr replied to William A Thorman Jr's discussion 'Shallow Well -Deep Shale Drilling'"I just saw this link and wondered if we possibly are talking about Oil rather than Gas in the Utica area,, even on the outer fringes of the rock,,(Morgan County, Ohio)? Just curious. …"
William A Thorman Jr replied to William A Thorman Jr's discussion 'Shallow Well -Deep Shale Drilling'"I live near Cincinnati but the property in question is in Morgan County, Ohio. Any thoughts about the potential there? I realize the maps and data I have been reading put it on the outer edge of the high potential area. BTW where are you…"
Kathleen replied to William A Thorman Jr's discussion 'Shallow Well -Deep Shale Drilling'"Just curious where do you live. Just state and county would be enough, I'm not looking for your address :0)."
William A Thorman Jr replied to William A Thorman Jr's discussion 'Shallow Well -Deep Shale Drilling'"I , too, can understand a buyer's reluctance not to have the mineral rights transferred with the land but it does appear that is going to be a "thing of the past" in areas with potential exploration. I would think…"
William A Thorman Jr replied to William A Thorman Jr's discussion 'Shallow Well -Deep Shale Drilling'"Your point is well taken. I have had a longtime friendship with the buyer and want to be sensitive to his expectations but not foolish about the transaction. I feel he is getting the land at a very attractive price and I am willing…"
Finnbear replied to William A Thorman Jr's discussion 'Shallow Well -Deep Shale Drilling'"Easiest thing is to sell the land and keep the oil/gas/mineral interest. Sharing that interest with someone else is a hassle at best and more likely a recurring nightmare. I'm in that situation on some ground I have and would not advise anyone…"
Kathleen replied to William A Thorman Jr's discussion 'Shallow Well -Deep Shale Drilling'"I wonder how long it will take the market in this part of the country to understand the minerals are separate? As a future buyer I would not want to buy the surface with this size acreage not knowing if or when something I did not want or benefit…"
"Take into consideration that the manner in which matters are handled will potentially have ramifications that could outlive you, I and everyone who views this post.
There are people here who are dealing with issues associated with leases that…"
William A Thorman Jr replied to William A Thorman Jr's discussion 'Shallow Well -Deep Shale Drilling'"Drill Baby Drill, you and apparently most of the members who have commented to my posting agree that complete separation of the Mineral Rights from the Land Surface Sale is best for both the Buyer and the Seller. I am going to try to negotiate…"
William A Thorman Jr replied to William A Thorman Jr's discussion 'Shallow Well -Deep Shale Drilling'"Your comment about working with a high level of trust between the buyer and seller is very important. I think I would be better able to negotiate a lease with a company and provide something benefiting both of us.. I think we can agree to…"
William A Thorman Jr replied to William A Thorman Jr's discussion 'Shallow Well -Deep Shale Drilling'"Wow,, Jack, that is so clear and helpful.. I feel fortunate to have you and some of the other members take time to educate this "newbie." I must think carefully and revisit this issue with the buyer. I feel he will work…"
"I feel the need to chime in.
When the time comes to negotiate a lease, your life will be sufficiently complicated - you will not want any further complications.
You would like to selll the surface; yet retain control of the…"
Profile Information
- What is your role in the Marcellus?
- Landowner
- Why are you here?
- Learning
- Which state(s) are you following?
- Ohio
- What shale plays do you follow?
- Marcellus, Utica
- Tell us your story...
- Observer
William A Thorman Jr's Blog
Basic questions about Shallow Well vs Deep Well issue
'Being new to the group, I have some learning to do. I am selling my surface land and retaining all mineral rights. I want to allow the buyer to have rights for a gas well for his home use and to share half of the royalties if any from that well. I understand that the deep well/shale drilling production does not present gas useable for surface owner use. If that is correct, would limiting drilling to a shallow well level for his purposes affect my right to deep well gas leasing? Also, if…
ContinuePosted on April 5, 2012 at 6:50pm — 3 Comments
Comment Wall
You need to be a member of Go Marcellus & Utica Shale: Leasing, Drilling & Mineral Rights to add comments!
Join Go Marcellus & Utica Shale: Leasing, Drilling & Mineral Rights
- No comments yet!
Local Groups
-
United Shale Owners of A…
97 members
-
Bradford County, PA
419 members
-
Venango County, PA
178 members
-
Beaver County, PA
151 members
-
Wetzel County, WV
112 members
-
Lycoming County, PA
168 members
-
Belmont County, OH
292 members
-
Sullivan County, PA
187 members
-
Tioga County, PA
320 members
-
Fayette County, PA
88 members
Like Us
Follow Us
Subscribe
Join our listsTop Content on GMS
© 2013 Created by Keith Mauck (Site Publisher).
| h2 | h2 | h2 |
|---|---|---|
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 ] |
Links |
Tools & Apps |
Royalty Calc for iPhone
Royalty Cal for Blackberry
Oil and Gas Royalty CalcCopyright © 2012 GOMarcellusShale.com
