There are many fine comments about royalties/bonus signup payments/pad size/payment deductions etc. but the bottom line always comes down to what's in the pot after all is said and done, for the landowner. There are also many issues about right of ways/contract language/misunderstanding etc., all reflecting the final amount left in the pot.
What I don't see enough of is the concerted effort to address the wrongs, to band together to speak with one voice, to make/take a stand about…
ContinueAdded by daniel cohen on September 24, 2013 at 2:45pm — No Comments
An extremely hot issue at the present time involves post-production costs or “deductions” that landowners are seeing subtracted from their gas royalty checks. Typically, boilerplate Oil and Gas Leases offered to landowners clearly permit the gas company to deduct post-production costs for the cost of producing, gathering, storing, separating, treating, dehydrating, processing, transporting and marketing the oil and gas.
In the 2010 Pennsylvania Supreme Court’s…
ContinueAdded by Douglas A. Clark, Esq. on February 12, 2013 at 12:00pm — No Comments
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