Selling oil/gas rights vs mineral rights and the confusing hydrocarbon deed to do so. - GoMarcellusShale.com2024-03-28T21:32:26Zhttps://gomarcellusshale.com/forum/topics/selling-oil-gas-rights-vs-mineral-rights-and-the-confusing?feed=yes&xn_auth=nogebralter
Dude, ya gotta try…tag:gomarcellusshale.com,2015-07-06:2274639:Comment:6836812015-07-06T17:53:53.998ZFrank Walkerhttps://gomarcellusshale.com/profile/FrankWalker
<p>gebralter</p>
<p>Dude, ya gotta try to lay off the sauce; it has begun eroding your cranial matter. I realize the hour was late and you were pretty far gone, but gosh . . . . . </p>
<p>And I'm sorry an obvious industry guy like you might not be doing all that great right now. But you know well your business is cyclical. Dry your tears. It'll come back.</p>
<p>Now regarding your rant, realize we're mostly all landowners here, not industry people. As landowners we are the people who OWN…</p>
<p>gebralter</p>
<p>Dude, ya gotta try to lay off the sauce; it has begun eroding your cranial matter. I realize the hour was late and you were pretty far gone, but gosh . . . . . </p>
<p>And I'm sorry an obvious industry guy like you might not be doing all that great right now. But you know well your business is cyclical. Dry your tears. It'll come back.</p>
<p>Now regarding your rant, realize we're mostly all landowners here, not industry people. As landowners we are the people who OWN the resource you need to exploit in order to make a living. Sorry for the inconvenience your industry suffers owing to the need to deal with us, and on occasion actually pay us. I know you would steal our gas if laws and circumstances permitted. All too often you invent ways to steal it regardless. </p>
<p>I acknowledge your industry's preference for FSD leases. You want to be able to do whatever you want, whenever you want, on OUR properties. And you don't want truth tellers like Gringo and me out here spreading the word about ways to limit your freedom of activity. Well, sorry dude, you lose. We are here and we are not going to remain silent. Deal with it and, once you have sobered up, I hope you have a nice day!!</p> Frank,
The notion of waking…tag:gomarcellusshale.com,2015-07-06:2274639:Comment:6834742015-07-06T02:22:28.603Z1xc6tw2xj1fwlhttps://gomarcellusshale.com/xn/detail/u_1xc6tw2xj1fwl
<p>Frank, </p>
<p><br></br>The notion of waking up to find a drilling pad in your back yard is completely ridiculous. First off, they wouldn't begin setting up a well pad overnight. Actually, first off they wouldn't just show up and start clearing period. There's a such thing as surface owner's rights and I have never heard of a company drilling a well without at least attempting to negotiate a surface use agreement. More often than not these agreements come to favorable terms to both sides to…</p>
<p>Frank, </p>
<p><br/>The notion of waking up to find a drilling pad in your back yard is completely ridiculous. First off, they wouldn't begin setting up a well pad overnight. Actually, first off they wouldn't just show up and start clearing period. There's a such thing as surface owner's rights and I have never heard of a company drilling a well without at least attempting to negotiate a surface use agreement. More often than not these agreements come to favorable terms to both sides to keep everyone happy. With that being said, if he's leased or unleased and they did decide to take the Frank Walker method of clearing someone's property at 1 am in stealth mode and setting up a rig by sunrise; how does the lease status affect anything? He sold his OGM for a lump sum payment. Had he kept his royalties it would be the same thing only he would get royalty checks (well whatever the company decides to give him, that is). Either way, the lesson of life is man up, don't be stupid and make the smart decision. 90% of people are incapable of doing this hence the reason attorney's exist. Selling mineral rights should go no further than financial sense. 10% of leases end up in production. Less than 1/10% of the land in Marcellus/Utica is disturbed by drill pad construction. Who knows what percent of royalties landowners are getting "screwed" out of. The smart landowners realized when prices were high to sell. They then invested that money and are no longer hoping that an oil company comes along to screw them harder. </p> No problemo, Gringo. What we…tag:gomarcellusshale.com,2015-07-05:2274639:Comment:6834592015-07-05T22:16:37.485ZFrank Walkerhttps://gomarcellusshale.com/profile/FrankWalker
<p>No problemo, Gringo. What we see on display here is the prototypical example of great minds thinking alike!! :-)</p>
<p>Seriously now, something that has amazed me for years is the scant use of NSD leases . . by people with nice homes and properties. It's as if they don't realize that some day they might have to sell . . . or their kids might have to sell. And often as not it makes little difference to the gas company, at least in terms of being able to access the resource. But if…</p>
<p>No problemo, Gringo. What we see on display here is the prototypical example of great minds thinking alike!! :-)</p>
<p>Seriously now, something that has amazed me for years is the scant use of NSD leases . . by people with nice homes and properties. It's as if they don't realize that some day they might have to sell . . . or their kids might have to sell. And often as not it makes little difference to the gas company, at least in terms of being able to access the resource. But if people do not know to ask about NSD, chances are the land man is not going to volunteer the information. At least that's how things were here where I live. Most everyone hereabouts signed a FSD (full surface development) lease. </p> Frank
Thanks for saving me th…tag:gomarcellusshale.com,2015-07-05:2274639:Comment:6834072015-07-05T21:18:25.224ZGringohttps://gomarcellusshale.com/profile/Gringo
<p>Frank</p>
<p>Thanks for saving me the typing.</p>
<p>Frank</p>
<p>Thanks for saving me the typing.</p> Robert
Your lease eradicates…tag:gomarcellusshale.com,2015-07-05:2274639:Comment:6834062015-07-05T18:48:52.233ZFrank Walkerhttps://gomarcellusshale.com/profile/FrankWalker
<p>Robert</p>
<p>Your lease eradicates my concern. Thank you for clarifying your situation.</p>
<p>If you had no lease, and for others, I was going to suggest a NSD (non-surface development) lease. It's too late for that now. But a NSD lease, properly constructed, can facilitate separation of O&G (subsurface) and surface. Given the existence today of horizontal drilling, an NSD lease can offer full access to one's O&G while enhancing the value of one's surface estate by ensuring no…</p>
<p>Robert</p>
<p>Your lease eradicates my concern. Thank you for clarifying your situation.</p>
<p>If you had no lease, and for others, I was going to suggest a NSD (non-surface development) lease. It's too late for that now. But a NSD lease, properly constructed, can facilitate separation of O&G (subsurface) and surface. Given the existence today of horizontal drilling, an NSD lease can offer full access to one's O&G while enhancing the value of one's surface estate by ensuring no operations thereupon. When the surface of an already-leased property eventually must be sold, buyers look more favorably upon land featuring absence of possibility of awakening one morning to find unexpectedly a drilling pad under construction in their back yard!</p>
<p>Good luck to you.</p> It is under lease w/ Rex who…tag:gomarcellusshale.com,2015-07-05:2274639:Comment:6832082015-07-05T17:42:10.598ZRobert Allinghamhttps://gomarcellusshale.com/profile/RobertAllingham
<p>It is under lease w/ Rex who bought out SWEPI lease. I am in a production unit but just rec'd division order and no royalties to date.</p>
<p>It is under lease w/ Rex who bought out SWEPI lease. I am in a production unit but just rec'd division order and no royalties to date.</p> Thanks you for the info Phili…tag:gomarcellusshale.com,2015-07-05:2274639:Comment:6834472015-07-05T17:06:53.859ZRobert Allinghamhttps://gomarcellusshale.com/profile/RobertAllingham
<p>Thanks you for the info Philip Brutz.</p>
<p>Thanks you for the info Philip Brutz.</p> Robert
My understanding is th…tag:gomarcellusshale.com,2015-07-05:2274639:Comment:6833062015-07-05T17:06:14.536ZFrank Walkerhttps://gomarcellusshale.com/profile/FrankWalker
<p>Robert</p>
<p>My understanding is that you hope to sell your oil and gas rights while retaining your surface rights. If that is the case, I don't like the way you appear to be going about this. But I cannot be certain because you have not yet answered Gringo's question (above) which for me, also, is absolutely <span style="text-decoration: underline;">pivotal</span>:</p>
<p>Is your land presently leased, or is it unleased?????</p>
<p>Robert</p>
<p>My understanding is that you hope to sell your oil and gas rights while retaining your surface rights. If that is the case, I don't like the way you appear to be going about this. But I cannot be certain because you have not yet answered Gringo's question (above) which for me, also, is absolutely <span style="text-decoration: underline;">pivotal</span>:</p>
<p>Is your land presently leased, or is it unleased?????</p> Thanks for your input Jack Yo…tag:gomarcellusshale.com,2015-07-05:2274639:Comment:6833022015-07-05T16:52:25.422ZRobert Allinghamhttps://gomarcellusshale.com/profile/RobertAllingham
<p>Thanks for your input Jack Young, I value your statements with a lot of weight. You took a load off my shoulders- appreciate it buddy. Have a great day.</p>
<p>Thanks for your input Jack Young, I value your statements with a lot of weight. You took a load off my shoulders- appreciate it buddy. Have a great day.</p> Contrary to what you were tol…tag:gomarcellusshale.com,2015-07-05:2274639:Comment:6832932015-07-05T03:01:10.126ZJack Younghttps://gomarcellusshale.com/profile/JackYoung
<p>Contrary to what you were told, PA law considers shale gas to be "gas", and it's not covered by the term "minerals". Perhaps the potential buyer isn't very knowledgeable in this case. There's no need for this sale to be a nightmare - just see a good oil and gas attorney. These deeds are very easy to draft.</p>
<p>Contrary to what you were told, PA law considers shale gas to be "gas", and it's not covered by the term "minerals". Perhaps the potential buyer isn't very knowledgeable in this case. There's no need for this sale to be a nightmare - just see a good oil and gas attorney. These deeds are very easy to draft.</p>