So our property has finally been put into a proposed unit. The hearing for the Withey NE and NW units are scheduled with the Ohio DNR in December. Based on other units in the area, if the schedule is similar, royalty checks should start to come in within the next 12-18 months. What should I being doing to prepare? Are there steps that I can take to reduce our tax burden? Also, I have heard many people on this site state that you should never sell your mineral interest. However, I have received what I consider a good offer of $17,000 per acre on a 17% no deduction lease. If we were to sell we would only sell 25%-50%. Should I get an oil/gas appraisal for the property and what should I expect to get from that as a result? A lot of questions, and there are probably some important ones that I haven't even considered. Any input/advice would be appreciated. Thanks.
Tags:
© 2025 Created by Keith Mauck (Site Publisher).
Powered by
| h2 | h2 | h2 |
|---|---|---|
AboutWhat makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen. [ Read More ] |
Links |
Copyright © 2017 GoMarcellusShale.com