Help with royalty rights in Greene County PA - GoMarcellusShale.com2024-03-28T12:00:04Zhttps://gomarcellusshale.com/forum/topics/help-with-royalty-rights-in-greene-county-pa?commentId=2274639%3AComment%3A779386&feed=yes&xn_auth=noBarry
do you still run title…tag:gomarcellusshale.com,2018-07-02:2274639:Comment:7815712018-07-02T06:17:53.106ZJeffrey Beunierhttps://gomarcellusshale.com/profile/JeffreyBeunier
<p>Barry</p>
<p></p>
<p>do you still run title? and if so what areas do/can you cover? I'm always looking for some help</p>
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<p>regards</p>
<p>Jeff</p>
<p></p>
<p>Barry</p>
<p></p>
<p>do you still run title? and if so what areas do/can you cover? I'm always looking for some help</p>
<p></p>
<p>regards</p>
<p>Jeff</p>
<p></p> this would make sense - you c…tag:gomarcellusshale.com,2018-07-02:2274639:Comment:7813882018-07-02T06:12:26.496ZJeffrey Beunierhttps://gomarcellusshale.com/profile/JeffreyBeunier
<p>this would make sense - you can actually buy a copy of the title card for a parcel on the Greene County website relatively cheaply and then pull down the relevant documents to research the title.</p>
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<p><a href="http://www.co.greene.pa.us/secured/gc2/depts/lo/RR/rr.htm" target="_blank">http://www.co.greene.pa.us/secured/gc2/depts/lo/RR/rr.htm…</a></p>
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<p>this would make sense - you can actually buy a copy of the title card for a parcel on the Greene County website relatively cheaply and then pull down the relevant documents to research the title.</p>
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<p><a href="http://www.co.greene.pa.us/secured/gc2/depts/lo/RR/rr.htm" target="_blank">http://www.co.greene.pa.us/secured/gc2/depts/lo/RR/rr.htm</a></p>
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<tbody><tr><td bgcolor="#6E6E6E" align="left"><font color="#FFFFFF" face="Verdana, Arial, Geneva, Helvetica, sans-serif" size="3"><b>Online Access to Recorded Documents:</b></font></td>
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<tr><td valign="top" align="left"><font face="Verdana, Arial, Geneva, Helvetica, sans-serif" size="2">Pennsylvania is divided into 67 recorder districts or a corresponding office with an elected Recorder of Deeds responsible for each office. Documents related to the ownership of real estate within the district are recorded at the Recorder of Deeds.<br/><br/>Recorded documents are assigned a sequential identifying number (known as the book and page number) and are then scanned into the Recorder’s Office computer system. The resulting images are available for viewing and printing from public access terminals at the Recorder’s Office and at home or the office over the Internet. All original documents are returned to land owners or their attorneys. To assist customers in finding relevant documents, the Recorder’s Office creates a searchable index that contains the names of all parties to a document and the property address.<br/><br/>To access and view a document, customers must first register/subscribe. A small fee will be charged to access the online service prior to accessing any records.<span> </span><br/></font><ol>
<li style="list-style-type: none"><ol>
<li>To register/subscribe for years from June 6, 1925 through present, simply visit<span> </span><a href="https://pa.uslandrecords.com/palr2/PalrApp/index.jsp" target="_blank" rel="noopener">Pennsylvania Land Records Online</a>. Once registered, customers will be able to search and view documents during those years.<span> </span><i>Instructions for use are available on the websites</i>.</li>
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<li>To register/subscribe for years 1796 through 1941, go to:<span> </span><a href="https://cotthosting.com/PAGreeneExternal/User/Login.aspx?ReturnUrl=3D%2fpagr=" target="_blank" rel="noopener">Cott Systems online</a><span> </span>to login, register, and access land records. Variable accounts are available for a fee.</li>
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<font face="Verdana, Arial, Geneva, Helvetica, sans-serif" size="2">All scanned records are unofficial copies but can be used for verification, personal or professional records, documentation backup or other uses. For questions or additional information, please contact the Recorder's Office at 724-852-5283.</font></td>
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</table> sorry looks like I'm late in…tag:gomarcellusshale.com,2018-07-02:2274639:Comment:7814732018-07-02T06:10:37.231ZJeffrey Beunierhttps://gomarcellusshale.com/profile/JeffreyBeunier
<p>sorry looks like I'm late in responding to your post above and sent duplicate information...my apologies.</p>
<p>sorry looks like I'm late in responding to your post above and sent duplicate information...my apologies.</p> Debra, how much research hav…tag:gomarcellusshale.com,2018-07-02:2274639:Comment:7814702018-07-02T06:10:00.175ZJeffrey Beunierhttps://gomarcellusshale.com/profile/JeffreyBeunier
<p>Debra, how much research have you done on your title at the court house (seems like you have some details based on your post).</p>
<p>Also seems like there is quite a bit of confusion as to whether there is production or not. The well doesn't necessarily have to be located on the property as horizontal lateral can go a mile or two from the well head. I would be happy to map your parcel versus current wells if it would help you (you may have already done this). let me…</p>
<p>Debra, how much research have you done on your title at the court house (seems like you have some details based on your post).</p>
<p>Also seems like there is quite a bit of confusion as to whether there is production or not. The well doesn't necessarily have to be located on the property as horizontal lateral can go a mile or two from the well head. I would be happy to map your parcel versus current wells if it would help you (you may have already done this). let me know..</p>
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<p>regards</p>
<p>Jeff</p>
<p></p> Bullfrex - http://www.mineral…tag:gomarcellusshale.com,2018-07-02:2274639:Comment:7813842018-07-02T06:06:47.312ZJeffrey Beunierhttps://gomarcellusshale.com/profile/JeffreyBeunier
<p>Bullfrex - <a href="http://www.mineralweb.com/non-participating-royalty-interest-npri/" target="_blank">http://www.mineralweb.com/non-participating-royalty-interest-npri/</a></p>
<h2>What is a Non-Participating Royalty Interest?</h2>
<p class="first-child"><span class="cap" title="A"><span>A </span></span><strong>Non-Participating Royalty Interest (NPRI)</strong><span> </span>is an interest in oil and gas production which is created from the mineral estate. Like the plain “royalty interest”…</p>
<p>Bullfrex - <a href="http://www.mineralweb.com/non-participating-royalty-interest-npri/" target="_blank">http://www.mineralweb.com/non-participating-royalty-interest-npri/</a></p>
<h2>What is a Non-Participating Royalty Interest?</h2>
<p class="first-child"><span title="A" class="cap"><span>A </span></span><strong>Non-Participating Royalty Interest (NPRI)</strong><span> </span>is an interest in oil and gas production which is created from the mineral estate. Like the plain “royalty interest” it is expense-free, bearing no operational costs of production. The term “non-participating” indicates that the interest owner does not share in the bonus, rentals from a lease, nor the right (or obligation) to make decisions regarding execution of those leases (ie no<span> </span><a title="Executive Rights Definition" href="http://www.mineralweb.com/library/oil-and-gas-terms/executive-rights-minerals-definition/">executive rights</a>). The owner of a NPRI has fewer rights than does the ‘regular’ royalty owner, who participates in at least one, if not all, of the aforementioned activities.</p>
<p class="first-child"></p>
<p class="first-child">Essentially the grantor that assigned the minerals to his grandparents (or someone prior in the chain of title) broke the minerals into participating and non-participating ans assigned the non-participating out. It's most likely not the executor of the estate. If his description is accurate, he is not entitled to a bonus nor is he entitled to negotiate the terms of the lease. </p>
<p class="first-child">$10,000 for a title search isn't unheard of, and depending on complexity it could very well be cheap, however, you can probably chain the title via Green County's recorder site (more specifically the site they contract out to). I think it would make sense to look at the area where the minerals are located to see if there are permits, etc and then decide how to proceed.</p>
<p class="first-child">If there is drilling eminent, then a couple thousand per acre maybe cheap - depends on lease terms....if there is no activity, then it still maybe cheap, depending on where in Greene the minerals are located - Greene does sit on both Marcellus and Utica. With EQT's acquisition of Rice, they will be pushing development in the area</p> Joe,
I have been running tit…tag:gomarcellusshale.com,2018-06-23:2274639:Comment:7808392018-06-23T22:58:02.154ZBarry Dhttps://gomarcellusshale.com/profile/BarryDyngel
<p>Joe,</p>
<p></p>
<p>I have been running title for more years than I care to count.</p>
<p>I have worked for large corporations and for individuals. In general I believe</p>
<p>that a title search with attorney title opinion would not cost more than $6,000.</p>
<p>However, the company will perform the work for free.</p>
<p>As for the offer, it's about half what it should be.</p>
<p>Although I do not currently work for a mineral buyer, I did some work for one</p>
<p>several years ago. I know…</p>
<p>Joe,</p>
<p></p>
<p>I have been running title for more years than I care to count.</p>
<p>I have worked for large corporations and for individuals. In general I believe</p>
<p>that a title search with attorney title opinion would not cost more than $6,000.</p>
<p>However, the company will perform the work for free.</p>
<p>As for the offer, it's about half what it should be.</p>
<p>Although I do not currently work for a mineral buyer, I did some work for one</p>
<p>several years ago. I know the company is still active in Greene Co. If you are</p>
<p>interested I can get you contact info. Very reliable people.</p>
<p></p> Have a similar situation here…tag:gomarcellusshale.com,2018-06-12:2274639:Comment:7800252018-06-12T21:25:31.427ZDebra Lynn Pennellhttps://gomarcellusshale.com/profile/DebraLynnPennell
Have a similar situation here. Leased 54 acres with Rice/EQT 5 years ago this Nov. Landowners have executive rights and rents. Our family has 100% royalties. We signed, recorded , notarized leases in Greene County Coutrthouse in 2013. Went back to visit oroperties last Nov. Pipline is in. According to landowners no drilling yet. Then the landowners questioned how we thought we even had any rights at all. Very upsetting since deed, leases, are all recorded in Greene county couthouse. Was all my…
Have a similar situation here. Leased 54 acres with Rice/EQT 5 years ago this Nov. Landowners have executive rights and rents. Our family has 100% royalties. We signed, recorded , notarized leases in Greene County Coutrthouse in 2013. Went back to visit oroperties last Nov. Pipline is in. According to landowners no drilling yet. Then the landowners questioned how we thought we even had any rights at all. Very upsetting since deed, leases, are all recorded in Greene county couthouse. Was all my great grandfathers land and minerals. Cover letter from Rice said landowners were getting royalties already. How can that be if they arent drilling? I think we are getting screwed. Third parcel is 111 acres and has a small well that has been producing from 1800. Folks are real nice on that property and live in my great grandfathers house. Not leased yet for Marcellus. Landowners say they are only getting hoise gas. Deed is there no lease that we have found for smallcwell. Then the Holbrook Storage Field gets thrown up as an excuse for not drilling. EQT sent us a letter when they took over Rice. Have not heard from them since. My gut feeling is that the landowners convinced us to sign with Rice 5 years ago, and we have been getting the run around ever since. Live here in Virginia now but retired so I can come to Pa if need be. Just very frustrated. Thanks. Debbie E&Ps purchase royalty rig…tag:gomarcellusshale.com,2018-06-11:2274639:Comment:7799402018-06-11T13:49:56.512ZAllyhttps://gomarcellusshale.com/profile/AllyM
<p>E&Ps purchase royalty rights all the time. Many have mineral buyer subsidiaries or related companies. </p>
<p>E&Ps purchase royalty rights all the time. Many have mineral buyer subsidiaries or related companies. </p> I would be pretty surprised i…tag:gomarcellusshale.com,2018-06-10:2274639:Comment:7797362018-06-10T00:42:43.967ZLandmanDadhttps://gomarcellusshale.com/profile/LandmanDad
<p>I would be pretty surprised if it was an E&P company that wanted to purchase your NPRI. My guess would be a mineral buyer. The E&P company would be after the executive rights owner.</p>
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<p>I would be pretty surprised if it was an E&P company that wanted to purchase your NPRI. My guess would be a mineral buyer. The E&P company would be after the executive rights owner.</p>
<p></p> LandmanDad. Yes. We figure…tag:gomarcellusshale.com,2018-06-09:2274639:Comment:7799302018-06-09T01:42:52.904ZJoehttps://gomarcellusshale.com/profile/Joe677
<p>LandmanDad. Yes. We figure that it might be the gas companies themselves that might want to buy the NPRI cheaply and thus have to pay out less in royalties. </p>
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<p>Overall though, being at the mercy of the executive owner seems to limit the value.</p>
<p>LandmanDad. Yes. We figure that it might be the gas companies themselves that might want to buy the NPRI cheaply and thus have to pay out less in royalties. </p>
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<p>Overall though, being at the mercy of the executive owner seems to limit the value.</p>