Any advice on getting a well pad on your property?

Should we sign the letter of intent ?

Requesting compensation for the pad, Royalties for the unit, not just your acreage or any pipelines. Pipeline and storage was removed from original contract to be negotiated if required. Any advice or direction is appreciated. Thanks !!! Location of proposed well is ok. What about clean up post the well drilling and the footprint left behind.

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I'd have it documented that all the acreage of the well pad site would be included in a unit or they could put the well pad somewhere else.
I have been told some companies like to only include the horiztal part of the laterial in the producing unit leaving the vertical and the bend not included.
So figure about 150' from the northwest unit and 150'from the southeast unit not producing.
So ask yourself how you would like a 300' wide by 3000' long never to pay any royalties?
I just had to say a couple of years ago you're question would have gathered pages of comments some good advice and some not so good.

When we signed the lease, we prayed there would'nt be a well pad on our land. The extra money for loosing the 5 acres was nothing. Loss of forest, the road and all the diversion ditches, a fenced in area with traffic for as long as we are alive and still pay taxes on land we can never have back, not worth it. We are still in a unit, A pipeline goes to the pad through our property that the wildlife injoys. I'm glad it wasn't me.

I bought a double wide trailer because of the tax structure in Pa years ago.
I told the company that I leased to for a small fee if their geologist said that was the spot I would have my house moved to another area of the farm.

mornin mike h
the way I understand it there offer for a well pad is somewhere around 25k and you will have pipelines no way to "beam" the gas out of the ground which means more ground disturbance and maybe you will have a compressor station lots of stuff to consider best of luck and wisdom in your decision

Thanks for your comments

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