"Received a certified letter form CHK today asking for consent to assign our lease to Southwestern. Our lease allows for this, but we have to be contacted so we know who owns our leases. It asks for a response in 15 days or a non…"
"The acreage in Lackawanna county was part of the Wyoming county land owers group (39,000 total) that CHK leased in oct 2009, I dont know of any other leases by CHK in this county. Chk paid $5,750.00 and 20%, and did a JV with Statoil for about…"
"At the beginning of this play in N E Pa. Penn State U claimed that there was $500,000.00 worth of recoverable gas per acre in the Marcellus Shale, so at 20% that would be $100,000.00 per.
We are in N E Lackawanna county and nothing been drilled down…"
"mark, i'm glad you like the numbers, i certainly do too.
but would you mind verifying them?
if you get royalties now, run your numbers and see what you come up with, that's what i did when my checks started coming.
if you dont get checks,…"
"in most cases with township and state roads, the landowners own to the center of the road. the road is just a right of way across the property.
i think some interstates and other major highways may be different. but i'd betya that if your land…"
"They (the state) took 50ft. or so along one edge of my property and thats what the deed shows, so when I leased thats what I got paid for. If I dont get paid on the gas and the state don't get paid, then I guess the the driller would keep the…"
"great article! i wondered when that old trolley line would be sorted out.
and there's more than just the land/mineral dispute in that article.
this: "How much is an acre worth in royalties? According to a MarcellusGas.org, under a standard…"
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 ]