Comment

Comment by Robin Fehrenbach Scala on March 19, 2010 at 3:37pm

Landowner groups also tend to get better deals. For instance, the lease offers on the list that are $5750. per acre and 20% royalty were from the Wyoming County Group negotiations. Once the offers were brought up to that level it was more likely that good areas would receive similar or even higher offers. For instance, there are now offers over $6000. per acre and 21% royalty, and I believe it is because the landowner groups were able to get the numbers higher to begin with.

Comment by Keith Mauck (Site Publisher) on March 16, 2010 at 3:53pm

I cant answer that question, you are going to need to figure out what is going on locally. I believe the unit size is 640? Please confirm. If so, you really need to shoot for half that amount to have a real bargaining chip - so that may mean a pool of land between you and neighbors.

Check with neighbors, people hanging out at the local diner - check the clearfield county group here...

Comment by Randy Taylor on March 13, 2010 at 9:05am

So if we have approximately 100 to 150 acres in Clearfield with some interest by gas companies, is there are a target range for lease and royalty rates to consider for negotiation with gas companies based on current business environment?

Comment by Keith Mauck (Site Publisher) on March 12, 2010 at 5:21pm

no, that would be sujective and probably take a much larger sample to get an idea of. You can check with the state and see what they have been getting for larger tracts. That may be your best bet.

Comment by Randy Taylor on March 9, 2010 at 2:07pm

Do you have any lease info on how lease rates are impacted by size of tract....50 acre, 150 acre, 1000 acre?

Comment by Keith Mauck (Site Publisher) on March 9, 2010 at 2:03pm

only private? yes.
larger tracts no doubt recieve better offers.