October 2011 Blog Posts (9)

Beware of Marcellus Shale Oil and Gas Lease Addendum “Headings”

Not All Terms are Created Equal

 

Many landowners who have familiarized themselves with the Marcellus Shale natural gas leasing process have learned certain “key phrases” or “key terms” that are valuable to the landowner when evaluating an Oil and Gas Lease Addendum.  However, landowners must be aware that ALL ADDENDUM HEADINGS ARE NOT CREATED EQUAL.



As an example, one of the most important landowner friendly terms to be included…

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Added by Douglas A. Clark, Esq. on October 28, 2011 at 12:30pm — 4 Comments

US vs OPEC

There is much talk and hope that all this shale oil and gas will get the US freed of dependance on OPEC oil.  The Bakken, Eagle Ford, Utica and more have great oil potential. The Marcellus, Utica, Hainesville, Barnett and more have great gas potential, especially if we convert  major portion of our transportation to natgas. All of these should help us wean ourselves off of foreign oil and gas, which would fantastic for the country.

But one problem with that scenario is competitive…

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Added by Jim Litwinowicz on October 28, 2011 at 10:47am — No Comments

A Chat with Rick Smead about Natural Gas and World Shale

 

Rick Smead is a veteran in the natural gas industry. If you have read anything on shale gas reserves, you have have probably read something that he had a hand in creating. This come-lately niche has led to 100 speeches on the topic over the last 3 years. Rick was holed up in a Washington D.C. law firm for a few days serving as an expert witness. I went in and met with him to discuss his…

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Added by Keith Mauck (Site Publisher) on October 27, 2011 at 10:18am — No Comments

To late to lease?

Just found out yesterday what I have suspected all along, We are tyed up in a lease with no well untill 3/14/2012,When it runs out.What do I do about leasing again? Anbody have any suggestions?  THanks.

Added by Richard.A. Bichard on October 23, 2011 at 7:03am — No Comments

Hess Oil

Are there any lease holders,  who signed with Hess Oil? In my lease, Hess has until 2016 to produce, or I can get out of lease?  Is this the general lease, which is used, or  am I not reading the lease correctly?  

Added by Lynn Grant on October 13, 2011 at 4:13pm — No Comments

What is the biggest gripe

I get the impression that the members of this group arent concerned about the environment as much as their pocket books.

Am I wrong?  I have not been to or lived in W.Va. for quite some time.  I reside in Hana, Hawaii and travel to California on business quite often.   

Added by Donald E. Moran on October 9, 2011 at 1:39pm — 2 Comments

Missing the Point: In response to Douglas A. Clark, Esq.

I find it odd the Mr. Douglas Clark Esq. fails to mention the most important consideration in selling one’s minerals. The dollar amount one receives per acre.  If that amount is higher than what his percentage is in what a typical well makes in the trend over its lifetime, one should sell.  This is true for a number of reasons including the Net Present Value of Money and that Risk in drilling a well.

Added by Stephen W. Hodgkins on October 6, 2011 at 2:15pm — No Comments

Should I Sell My Marcellus Shale Rights?

Many landowners across Pennsylvania are receiving solicitations by companies, partnerships, and even hedge funds seeking to purchase their Marcellus Shale natural gas rights.  It is critical to understand whether these solicitations are for a permanent purchase of your Marcellus Shale gas rights, or whether you have received an offer to lease your Marcellus Shale gas rights.

 

Many individuals may be confused when they receive these…

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Added by Douglas A. Clark, Esq. on October 4, 2011 at 4:00pm — No Comments

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FERC Shouldn't Be Picking Energy Winners and Losers

Posted by Thomas J Shepstone on October 22, 2017 at 6:26am 0 Comments

FERC has no business picking energy winners and losers. Sadly is what DOE seems to want and is now proposing.

On Friday, September 29th, the Department of Energy released a Notice of Proposed Rulemaking proposing…

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