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michael alexander
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Drilling unit?
2 Replies

Im not real sure how this is suppossed to work if it takes 640 acres to make a drilling unit does that mean all property in the unit has to be leased by the same O&G company?

Started this discussion. Last reply by Steven Gardner Aug 28, 2011.

multible leasing
3 Replies

I was contected by a landman wanting to lease my farm mineral rights only offered $20.00 per acre but said they where interested in a shallower formation then the marcellus.He even told me I would be…Continue

Started this discussion. Last reply by Jim Litwinowicz Aug 15, 2011.

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michael alexander replied to Hal Whitlatch's discussion 'Wishgard is paying in Wood County, WV' in the group WV Land Owners
"800.00 per acre and 15% royalties"
May 15
michael alexander replied to Hal Whitlatch's discussion 'Wishgard is paying in Wood County, WV' in the group WV Land Owners
"wishgard man called me at home and said they are offering 600.00 per acre and 15% dont believe his reason for not posting bonus and royalty payments on here. hope this helps you."
May 15
michael alexander replied to Hal Whitlatch's discussion 'Wishgard is paying in Wood County, WV' in the group WV Land Owners
"How much is Wishgard offering as bonus money and royalties in wood county? I own 106 acres in southwestern wood county and have offers from Cabot oil and gas recently"
May 14
Hal Whitlatch replied to michael alexander's discussion 'wood county' in the group WV Land Owners
"Wishgard is paying $600 per acre and 15% royalty in all of Wood county"
Jan 2
Rockport replied to michael alexander's discussion 'wood county' in the group WV Land Owners
" Cabot and Wishgard are asking , I know of two people who were offered $25 acre by Cabot. Wishgard is better at $600 acre and  %15 royalty .This is in the Rockport area in the last week."
Dec 11, 2011
Steven Gardner replied to michael alexander's discussion 'Drilling unit?'
"I would think so unless its some kind of joint venture but I think that would be an unusual case. 90% of the drilling units I've seen permited in Ohio are around 180 acres. I've been told these will be re-permited to larger units as more…"
Aug 28, 2011
FXEF replied to michael alexander's discussion 'Drilling unit?'
"Michael, It does not always have to be leased by the same O&G company, however it will make things a lot simpler and easier to get your royalty payments. Usually agreements can be worked out, but I have heard of cases where the lessor has been…"
Aug 27, 2011
michael alexander posted a discussion

Drilling unit?

Im not real sure how this is suppossed to work if it takes 640 acres to make a drilling unit does that mean all property in the unit has to be leased by the same O&G company?
Aug 26, 2011
2 Comments
Jim Litwinowicz replied to michael alexander's discussion 'multible leasing'
"Having different companies lease different strata can be problematic. It will mean that the different companies will construct more drilling pads instead of using the same one for different wells.  They will probably have to use more pipelines…"
Aug 15, 2011
Terry W. replied to michael alexander's discussion 'multible leasing'
"My addendum is written with a dept severance clause. The oil and gas companies are leasing to drill horizontal, not vertical."
Aug 15, 2011
jb379 replied to michael alexander's discussion 'multible leasing'
"My two cents is to make sure there is a depth severance clause that is well defined.  From what I have seen, having a shallow lease on your property should not scare anyone off from leasing the deep.  I guess you could say this way you get…"
Aug 15, 2011
michael alexander posted a discussion

multible leasing

I was contected by a landman wanting to lease my farm mineral rights only offered $20.00 per acre but said they where interested in a shallower formation then the marcellus.He even told me I would be free to lease deeper with another companey if i wished too.What I would like to know is would leaseing the shallower stuff would it make my farm less attrative to an O&G companey interested in marcellus or utica ?
Aug 15, 2011
3 Comments
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Jul 29, 2011
J Nestor replied to michael alexander's discussion 'wood county' in the group WV Land Owners
"It seems to me they are waiting on Charleston to get the new laws passed."
Jul 28, 2011
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Jul 17, 2011
michael alexander added a discussion to the group WV Land Owners
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wood county

Anybody now if there companies interested in leasing mineral rights in wood county WV? If so what kind of monies and royalties are they offering land owners? See More
Jul 1, 2011
3 Comments

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What is your role in the Marcellus?
Landowner
Why are you here?
Learning
Which state(s) are you following?
West Virginia
What shale plays do you follow?
Marcellus, Utica
Tell us your story...
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