Replies to This Discussion

Permalink Reply by JK on October 30, 2017 at 7:15am

You might want to have an O&G attorney review it.

• ▶ Reply

Permalink Reply by Nancy Mosley on November 8, 2017 at 3:14pm

Great advice, and a good O&G Attorney may be able to get you leased with another company, who could make an arrangement with EQT at drilling time. Your better lease with the other company would prevail for your payments.

• ▶ Reply

Permalink Reply by DSFS on October 31, 2017 at 2:06am

They may be the worst. Have multiple leases and they have maybe treated me the worst of all. DO NOT sign a lease with

EQT.

• ▶ Reply

Permalink Reply by John Sala on November 8, 2017 at 6:37am

Wow, how can anyone make such a blanket statement. Turning down a lease with any provider without knowledge of the specifics is horrible advise. A lot depends on how much land you have, who all is playing in your area, active well pads nearby, etc. If you have more than a couple acres it is worth finding a specializing gas and oil attorney that knows your area. That’s what I did and my attorney secured a no deduction lease with EQT. I have been in production with eqt for 6 months now. No issues, they pay fast compared to other producers (45 days) and my acreage production is 5 times what I was told to expect 3 years ago when I signed. Couldn’t be happier!

• ▶ Reply

Permalink Reply by Victoria Smith on November 8, 2017 at 7:53am

There are deductions and then there are reductions.    If there are no deductions, how much are they reducing the base, what are they including in the reductions, before they calculate your royalty?    /

• ▶ Reply