Recent Offers in the Marcellus Shale

State your

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

Views: 14276

▶ Reply to This

Replies to This Discussion

Permalink Reply by Frank Stabryla on January 13, 2011 at 4:05pm
We use Doug Clark of The Clark Law Firm out of Peckville, Pa. Very knowledgeable and reasonable!
0l1a6laz7smpfPermalink Reply by 0l1a6laz7smpf on January 13, 2011 at 5:28pm
Thomas...if you only want them to look at your existing lease ...I suppose to define it to you....perhaps it would behoove you to bring the items that you don't understand on your lease into discussion at this forum...you may find that much easier to understand what you have.   There are several discussions in both the main and county groups that help define clauses and terminology....and people will freely share their experiences also to help understand even better.....then when time to renegotiate your lease you will be much wiser in interviewing for an attorney if needed.
Permalink Reply by Thomas Brian Morton on January 26, 2011 at 9:01am

Janice, Frank & VG,

 

Thanks all very good information. I have contacted Greevy. Had a good chat over the phone. Left me with several options. Very good suggestion to take the lease to the forum. I'll have to write down what exact questions I need answered. Thanks again

31u232c1dthmcPermalink Reply by 31u232c1dthmc on January 26, 2011 at 11:29am
thomas, you might want to check with jim monyak at Advance Royalty Solutions. he is one of the leading experts in the state on marcellus gas as well as leasing. he is very easy to talk to and he will walk you through any questions that you might have.
Permalink Reply by JK on January 12, 2011 at 3:14pm

I would like to know if anybody here knows where to find the maps or any info showing where the gas lines are located from the wells?

Chesapeake drilled a well, set it completely up, then told us they did not put a gas line in from the well for it to produce.  They drilled 12 wells, 3 are still producing but at much lower volumes now.  These wells were drilled years ago in the 80's.  A year ago they drilled down another 8000 feet to expand the production on one of the wells. 

Does anybody know who to talk to concerning future plans of these wells on my land?

I am tired of dealing with the district rep who tells me any thing he thinks I want to hear.  He told me they will come to Mon County in a year and that all of their rigs are in PA now.

I want to get some straight answers from somebody higher up in authority!  The rep has such a huge WV territory and is totally overwhelmed with his duties. 

Thank you.  I appreciate your comments.

 

0l1a6laz7smpfPermalink Reply by 0l1a6laz7smpf on January 26, 2011 at 4:59pm

I don't know what county you are in....but see if this map helps...or maybe you can contact them and see where a map for your county can be obtained.   Thank the member that provided this map link...it was in a Sullivan county discussion.

http://www.sullivancounty-pa.us/files/planning/SullCoGas_Web.pdf

Permalink Reply by Oleg Chmyr on January 25, 2011 at 9:02pm

PA

Bradford County

Smithfield Township

23 acres

2000 per acre

18%

5+5 no addendums

0l1a6laz7smpfPermalink Reply by 0l1a6laz7smpf on January 26, 2011 at 4:54pm

Hi Oleg and welcome,

 

have you already leased?   you say 'no addendums' and most have addendums to protect their interests as lessor.

Permalink Reply by Oleg Chmyr on January 27, 2011 at 6:06pm

Good Day, I would like to inform my story with Chesapeake company.

In December land man S. C. call in my house located Bradford county offered 4000 per acre and 18%

I agreed upon meting,but decided to shop around called G.W. another land man to see if he can give

better offer. G.W. set the meting and offer 2000 per acre and 15%.I stated I disagree with the offer and

prefer sign offer with other Land man. G.W.stated :No one can sign with You I will hold your parcels.

We call back S.C. He stated I cant talk to you, because Your G.W. clients.

I called Chesapeake head quarters and they transferred me to other land man K.W.C. Who stated:

You have to call back Senor land man G.W. I refute to do so for following reasons:

This is my land and I do have rights to shop around

What legal right G.W. have to hold my parcels without verbal or written agreement

Even contract is void on January 14 ,if we didn’t sign.

K.W.C. Contacted V. P. called me back with response :

We want to have good relation with landowners S.C. Will call you soon and case will be transfer to him.

S.C. Called us back and made meting date.I took time off from work.

Monday S.C. Call us back to confirm appointment for Wednesday and next Tuesday he called back to canceled appointment and said may it take approximately one week ,because no one spoke to G.W.

I called back Chesapeake quarters left massage on K.W.C. What S.C. said.

Next day no answer ,but representative from Chesapeake company stop by to inform me they will test

water because drilling operation is half a mile from my land, I said, I haven’t sign lease nor with you or any other company.They said it doesn’t matter some one will contact You soon.

I called back Chesapeake and spoke to R. R. stated ,that G.W. doesn’t work for Chesapeake company ,

than transferred me back to K.W.C.

I haven’t mention my neighbors next to my property sigh for higher price in December, 5 times smaller

passel and in January 21 other neighbors sign 5000 per acre and 20% same size parcel.

I feel my rights are violated.

Sincerely Bradford County Landowner.

My name is Alex.

Permalink Reply by Oleg Chmyr on January 29, 2011 at 3:45pm
Thank You.
Permalink Reply by Joe Smith on January 27, 2011 at 11:52pm
Sounds like the normal process to me when you negotiate and hold out.  Landmen will be more than happy to sign you up for 12.5% and low amount.  Landmen pretty much did the same thing here in Jefferson County.  You call it violation and they call it business.  For fun over here, we have a photo of a porcupine wearing a gas mask with a subscript, landman.  Yes, he will prick you if you don't take your time.  Time is on your side.  Many occasions I have stated on this site that the CEO's of different gas companies have been quoted as saying that the bargain buying for leases are right now, upfront in the play.  Gas companies will be paying around 20k/20%+ latter.  Its part of the maturation process of a gas play.
Permalink Reply by Mike Knapp on January 28, 2011 at 3:10am

20K/20%?  I wish I had a crystal ball..... 

 

Can I borrow yours Joe?

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service