I live out of state but am aware of the activity up there. Just received the Seitel offer to 3D image the property.  My question to the group is it time to lawyer up or is the imaging no big deal?

Thanks everyone

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Yes, a big deal.   3D seismic is needed by the O&G companies to locate well pad sites.   Contact on 46 acres will be minimal, and work will be completed without damage to your property.   The opportunity to gain through gas royalties far exceeds any minor contact for seismic work.   Seitel is a reputable company concerned about public opinion of their operations.  They will adequately address any concerns you might have.

Sorry, farmgas, I disagree. Yes, it is a big deal, but if they drill holes 30 feet deep, there IS some surface disturbance, AND there is no guarantee of any gain on royaltys from the info they collect and sell to drillers for big bucks. Refer to my response to" Seismic testing in Hookstown...HELP?"  As far as reputable, I'm not so sure. They tried to get my elderly mother to sign AFTER I had already turned them down and when I was not present at the property. Sound reputable to you??

Jon, I hope you check things out thoroughly before makiong a decision.

Jeff.

Jeff, I believe 3D seismic is an important step in development of our NG  resource.  In some way it`s asking an O&G company to take many risks in developing natural gas in our area without the opportunity to verfiy if faults exists, or other obstacles which may hinder development, and  productive wells.  Yes, I`m willing to accept the minor disturbance caused by having 3D seismic done on my property.  From my personal experience, the seismic company (Seitel) was very accomodating  meeting my concerns  about their activities.  There is a proven track record of they, and other seismic companies doing quality work and  satisfying landowner needs.    Ultimately, we all will benefit from this natural gas development, and from my viewpoint, supporting the gathering of as much informaton possible, will enable the O&G companies to be successful, which in turn enable us landowners to enjoy the most revenue from our gas.   Actually, on 46 acres of land, there may be minimal disturbance from the drilling of shot holes.   The shot holes are drilled approx 220' a part, and are 30' deep.   The seismic company will share with you the exact number of shot holes and their  location.   Finally, check your gas lease copy.   The O&G company may already have the right to have 3D seismic work done on your property.  

 

Jon--if this property in Hopewell (pa?) provides you with the potential for gas royalties then consider how you might help the gas company  succeed, and in turn benefit you.  My approach has been to be positive and not fearful of wrongful motives of the O&G industry.  Give them the opportunity to be forthcoming with ideas and plans first, and then consider your options, which may involve an attorney.   Check out the Seitel website for information about their operations, and check out other blog websites for landowner discussions for O&G  concerns.....Merry Christmas!

Jon,

We just got through being seismic tested in our area by a company named D.A.S.

They bored a few shot holes in my woods and sent their thumper trucks down our local roads.

My experience was positive. No problems or issues whatsoever.

5.00/acre isn't much but I figure it was for a good cause and may help get us drilled and produced sooner.

As far as "disturbing the land" with a few shot holes , I guess it is a matter of personal choice or perspective as to what is considered disturbing to you.

The choice is yours but I can honestly say it was a rather benign process and I experienced no problems.

 

Hi Jon I live in Hopewell township myself to the north of old US 40. I haven't caught word around my neck of the woods yet . You might like to check out http://gomarcellusshale.com/profile/bics?xg_source=profiles_memberList

He has done a lot of mapping of the area that can be viewed in Goggle Earth. It might give you a clue as to what they may be looking for.

I am in between.  Seismic is a necessary part of the industry but you need to be sure to protect yourself. The contract must have certain protections in it like water issues repair to any damages to land, livestock, and structures,, access issues, and indemnification. I would never sign without a qualified attorney reviewing the contract.

...access issues, and indemnification

I get those on anything "They" want me to sign.

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