Beaver Co. Renewal - GoMarcellusShale.com2024-03-28T20:26:20Zhttps://gomarcellusshale.com/forum/topics/beaver-co-renewal?groupUrl=beavercounty&commentId=2274639%3AComment%3A696945&x=1&feed=yes&xn_auth=noWe live in Darlington Twp. in…tag:gomarcellusshale.com,2015-09-15:2274639:Comment:6969452015-09-15T04:50:09.693Zmarilyn nesbitthttps://gomarcellusshale.com/profile/marilynnesbitt
<p>We live in Darlington Twp. in northern Beaver County, in fact we are so far north our mail comes out of Lawrence Co.Our lease was renewed about a month before it ran out. I might not be exact on the dates.</p>
<p>We live in Darlington Twp. in northern Beaver County, in fact we are so far north our mail comes out of Lawrence Co.Our lease was renewed about a month before it ran out. I might not be exact on the dates.</p> CHK is not renewing leases th…tag:gomarcellusshale.com,2015-09-15:2274639:Comment:6968652015-09-15T00:55:01.297Zcraighttps://gomarcellusshale.com/profile/craigsmith
<p>CHK is not renewing leases that are East of 376 on the the North side of the Ohio River.</p>
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<p>CHK is not renewing leases that are East of 376 on the the North side of the Ohio River.</p>
<p></p> do you mean to say they are r…tag:gomarcellusshale.com,2015-09-14:2274639:Comment:6968252015-09-14T15:01:23.611ZFrank Nesmithhttps://gomarcellusshale.com/profile/FrankNesmith
<p>do you mean to say they are renewing leases in your area? What area, if I may ask?</p>
<p>What areas are they not releasing in, too, if you know?</p>
<p>do you mean to say they are renewing leases in your area? What area, if I may ask?</p>
<p>What areas are they not releasing in, too, if you know?</p> Thank you Marylyn!tag:gomarcellusshale.com,2015-09-08:2274639:Comment:6960702015-09-08T18:14:07.359ZTrapperhttps://gomarcellusshale.com/profile/GlennArmstrong
Thank you Marylyn!
Thank you Marylyn! The whole issue comes down to…tag:gomarcellusshale.com,2015-09-08:2274639:Comment:6961472015-09-08T15:23:32.785ZMichaelhttps://gomarcellusshale.com/profile/MichaelRuth
<p>The whole issue comes down to the politics in Washington. It was too much that the U.S. was becoming independent in the energy sector and relying less on the Arabs and everyone else involved. So, a deal was made with the devil to lower their oil prices and to thus hurt us in our energy production, oil, gas, you name it. It's like anything else, if you're on the bleeding edge you reap the big rewards, but after awhile it all dwindles down.</p>
<p>The whole issue comes down to the politics in Washington. It was too much that the U.S. was becoming independent in the energy sector and relying less on the Arabs and everyone else involved. So, a deal was made with the devil to lower their oil prices and to thus hurt us in our energy production, oil, gas, you name it. It's like anything else, if you're on the bleeding edge you reap the big rewards, but after awhile it all dwindles down.</p> Sure Trapper I don't mind. As…tag:gomarcellusshale.com,2015-09-08:2274639:Comment:6959822015-09-08T03:28:43.650Zmarilyn nesbitthttps://gomarcellusshale.com/profile/marilynnesbitt
<p>Sure Trapper I don't mind. As I said months ago or maybe even years ago we got the original amount of $1500 @ acre. That might not seem like a lot but it is money we didn't have before.We had had no contact with CHK & all of a sudden here came a check just like the first one. CHK was true to their word. We'll someday see what happens or maybe we won't be her to see, but our kids will. We're senior citizens now, maybe we won't even get to see the drilling of the well. Hope everything…</p>
<p>Sure Trapper I don't mind. As I said months ago or maybe even years ago we got the original amount of $1500 @ acre. That might not seem like a lot but it is money we didn't have before.We had had no contact with CHK & all of a sudden here came a check just like the first one. CHK was true to their word. We'll someday see what happens or maybe we won't be her to see, but our kids will. We're senior citizens now, maybe we won't even get to see the drilling of the well. Hope everything works out for everyone.</p> What a difference 5 years mak…tag:gomarcellusshale.com,2015-09-08:2274639:Comment:6959792015-09-08T01:55:23.283ZTrapperhttps://gomarcellusshale.com/profile/GlennArmstrong
What a difference 5 years makes. Then we were in high demand with offers escalating. I signed with Shell for double what East was offering the year before and others got even more in subsequent months.<br />
Here we sit 5 years later and find ourselves in low demand. Never saw such a fickle industry! My fear is the good terms we enjoyed the first time around have been swept into the dust bin of history and future offers will be laughable in comparison. I guess it was a fun ride while it lasted.
What a difference 5 years makes. Then we were in high demand with offers escalating. I signed with Shell for double what East was offering the year before and others got even more in subsequent months.<br />
Here we sit 5 years later and find ourselves in low demand. Never saw such a fickle industry! My fear is the good terms we enjoyed the first time around have been swept into the dust bin of history and future offers will be laughable in comparison. I guess it was a fun ride while it lasted. Thanks for the real oil and g…tag:gomarcellusshale.com,2015-09-08:2274639:Comment:6961292015-09-08T01:15:39.986ZToddhttps://gomarcellusshale.com/profile/ToddSmith
Thanks for the real oil and gas world example Craig. Unfortunately, even a bullet proof lease by the most skilled of oil and gas attorneys has the chance of having your royalty % to be taken advantage of. I hope the PA Supreme Court wakes up and realizes they should support their citizens' property rights over corporations' exploitation of "post-production costs" and any other deductions that drop an "at the wellhead" lease below 12.5% gross.
Thanks for the real oil and gas world example Craig. Unfortunately, even a bullet proof lease by the most skilled of oil and gas attorneys has the chance of having your royalty % to be taken advantage of. I hope the PA Supreme Court wakes up and realizes they should support their citizens' property rights over corporations' exploitation of "post-production costs" and any other deductions that drop an "at the wellhead" lease below 12.5% gross. Marilyn, your post did not cr…tag:gomarcellusshale.com,2015-09-08:2274639:Comment:6958072015-09-08T00:41:37.437Zcraighttps://gomarcellusshale.com/profile/craigsmith
<p>Marilyn, your post did not <strong>create</strong> the feelings some of us have for CHK. </p>
<p>Your post allowed me to post feelings based on facts.</p>
<p>Here's why a lot of CHK royalty owners are upset....</p>
<p>I just received my royalty check for June's production. The deductions taken off my royalty check were exactly 47.7% of the total...deductions not taken just a few short years ago.</p>
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<p>Marilyn, your post did not <strong>create</strong> the feelings some of us have for CHK. </p>
<p>Your post allowed me to post feelings based on facts.</p>
<p>Here's why a lot of CHK royalty owners are upset....</p>
<p>I just received my royalty check for June's production. The deductions taken off my royalty check were exactly 47.7% of the total...deductions not taken just a few short years ago.</p>
<p></p> even if you did not get re si…tag:gomarcellusshale.com,2015-09-07:2274639:Comment:6960472015-09-07T22:24:51.686ZRichard Mhttps://gomarcellusshale.com/profile/RichardMeola
<p>even if you did not get re signed. you know the gas is here and they will be back when things get better and they will be back. those of us that were drilled within the last year will never get another signing bonus because we are being held buy production. and they are selling our gas real cheap</p>
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<p>even if you did not get re signed. you know the gas is here and they will be back when things get better and they will be back. those of us that were drilled within the last year will never get another signing bonus because we are being held buy production. and they are selling our gas real cheap</p>
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