Recent Offers in the Marcellus Shale

State your

1. State
2. County
2. Lease Bonus Offer
3. Royalty %
4. Terms (length of the lease)

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Permalink Reply by tomcats58 on December 9, 2010 at 5:52am
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The rule of capture or law of capture is common law from England[1], adopted by a number of U.S. jurisdictions, that determines ownership of captured natural resources including groundwater, oil, gas, and game animals. The general rule is that the first person to "capture" such a resource owns that resource. For example, a landowner who extracts or “captures” groundwater, oil, or gas from a well that bottoms within the subsurface of his land acquires absolute ownership of the substance, even if it is drained from the subsurface of another’s land.[2] A corollary of this rule is that a person who drills for groundwater, oil, or gas may not extract the substance from a well that bottoms within the subsurface estate of another by drilling on a slant.
Permalink Reply by Kelly Fink on December 9, 2010 at 9:02am
Jim Monyak owns it and it's called Advance Royalty Solutions jmonyak@advanceroyaltysolutions. They find investors and buyers.
Permalink Reply by Daniel Rupert on December 9, 2010 at 12:17pm

call me@ 312-695-4481...I can help

Permalink Reply by Sam Douglass on December 11, 2010 at 10:38am

They will contact you - eventually

Imagine what they think when you call them !

Permalink Reply by MonBel O & G Landowner Watchman on December 9, 2010 at 9:26am
Reported this week!

Ohio
Monroe/Belmont Border
2000 per acre minus 8% ($1840 with $1 down and four plus months for the leasing agent to resell)
15.5 percent royalty, minus .5%
Ugly top to bottom 5 year lease with numerous landowners signing their names on the line.
Permalink Reply by Josh Gasber on December 10, 2010 at 3:04am

RL

 

I heard about this lease but not in the manner you stated it.

Are you saying that the agent is really just signing up to create units and will resell?

 

and what do you mean "ugly top to bottom..."

 

Thanks for the help.

Josh

 

Permalink Reply by MonBel O & G Landowner Watchman on December 10, 2010 at 8:57am

Hello Josh, as the subject lease was sent to me, I and others have determined it is not something for which we would have interest. When we lease our mineral rights, do we want to sell the Marcellus, the Utica, the Black River, etc.,  or all of the cows in the herd to the center of the earth? What is the actual produced value of each and has there to date been any risk involved the costs of drilling here in Appalachia for the past three years? 99+% success and even if a company drilled a dry hole, that dry hole would now have great value for the current and massive plan to inject brine as well as CO2 Storage (NACCSA). One large landowner group of thousands of acres in WV is now placing their holdings in the global market which is already here with more investors coming. 

Permalink Reply by Sam Douglass on December 11, 2010 at 10:42am

For people who really need a little money now to get through some problems

Permalink Reply by David Logan on December 9, 2010 at 11:58am

1. PA

2. Butler - Jackson TWP

3. $2,000 per acre

4. 15%

5. 5 years

 

I just sent the proposed lease to an attorney for review.

Permalink Reply by Monty on December 9, 2010 at 12:28pm

what company?

Permalink Reply by David Logan on December 10, 2010 at 11:35am

The company is Rex Energy.

 

I misspoke (or mistyped) - the current offer is $1,500 per acre.

Permalink Reply by Sam Douglass on December 11, 2010 at 10:45am

See what they offer next year - or the year after that.

 

At some point yur property will be needed - Current offer suggests no hurry on drilling.

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