"Paul, These well units are very large - often more than 300 acres and can go up to 1,000. Even though the well head is not on your uncle's property there are probably laterals running under the property that is draining the oil and…"
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Harrison County, OH
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Potter-McKean
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Tioga County, PA
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Johnson and Lawrence Cou…
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David Cain's Discussions
Royalties per acre after 5 or 10 years
Started this discussion. Last reply by nc man Aug 23, 2024. 7 Replies 1 Like
Is there anyone out there that has been receiving royalties on a Utica well for 5 to 10 years that would be willing to share what they receive in royalties per acre per month after the 5 or 10 year…Continue
Rex J. Anderson Well Production Numbers
Started this discussion. Last reply by Philip Brutz Feb 20, 2014. 85 Replies 0 Likes
Rex just released the 5 day sales rates for the J. anderson wells.It states in part:The five-well J. Anderson pad, located in Guernsey County, Ohio, was placed into sales from its resting period at…Continue
Core Utica acreage worth up to $40k/acre to E&P
Started Dec 22, 2012 0 Replies 0 Likes
I just read an investment article that referenced a research analyst note stating that the "Utica acreage in the 'core of the core' of the wet gas play could be worth as much as $40,000/acre". Of…Continue
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David Cain replied to paul cavaliere's discussion 'advice on mineral rights and selling a property'"Paul,
I am from Ohio and don't know much about PA, but I'll give you my perspective for what it's worth.
Land Value - $500/acre seems low to me. I have acreage in SE Ohio and I would be had pressed to find anything for that…"
David Cain replied to keepthefaith's discussion 'Do Mineral Rights Inherited Intestate Really Belong to the One Who Inherited Them?'"keepthefaith,
I am not an attorney, but you may want to do some research on the Marketable Title Act (MTA). I think that could kick in after 40 years depending on the wording of the deeds between 1977 and 2017. This is assuming you are…"
"Yes, thank y’all!
Much appreciated for your time and info.
At least we have an idea of where we stand now.
ncman"
David Cain replied to David Cain's discussion 'Royalties per acre after 5 or 10 years'"Massey,
Thank you very much for sharing. I was not aware prices had dropped so much in such a short period of time. I had heard that production drops off dramatically and quickly. Your information helps paint a picture of what may…"
farmgas replied to David Cain's discussion 'Royalties per acre after 5 or 10 years'"Sounds like we all need to show patience for awhile until market prices improve. Unfortunately that might be a long time in coming. Signs seem to indicate the next few years will be better then the past few for prices. For the…"
Massey colt replied to David Cain's discussion 'Royalties per acre after 5 or 10 years'"I can give you information on wells that are 3 years old. However, royalty per acre is not just based on production, but also on price. Three years ago we were getting over $8.00 per unit (MBTU), now we are lucky to get over $2.00. So prices have…"
"David—
Hope all is well with you!Thank you so much for sharing your figures with me!I didn’t have a clue on any range, hopefully, one day, I might benefit with my mineral rights.
i will be most grateful for whatever, that might, be…"
David Cain replied to David Cain's discussion 'Royalties per acre after 5 or 10 years'"nc man,
I heard that there was a pad or two going in around skull fork road (Guernsey county Ohio) and thought of you. I hope you get drilled soon. At the beginning, I have heard people say they get anywhere from $500 to $3,000 per acre…"
"Yes, I, too, would like to know anything about royalties.
i have no idea what is paid, on the average, per month.I have yet to get drilled but maybe close to drilling.
I would really like to know an average figure that is paid for…"
David Cain posted a discussionRoyalties per acre after 5 or 10 years
Is there anyone out there that has been receiving royalties on a Utica well for 5 to 10 years that would be willing to share what they receive in royalties per acre per month after the 5 or 10 year mark? I know these wells drop off drastically after the first year. I am just curious as to how far down the curve these yields go and how quickly it happens. If you could compare that to the initial royalties and the type of lease your have (like 17% no deductions) that would be great. I don't…See More
David Cain replied to Philip Brutz's discussion 'Activity in Millwood Township (Guernsey)' in the group Guernsey County, OH"Philip,
I don't know about the Arick, but the 3 Rock Ridge units have just been approved by the ODNR. These units are on the Guernsey/Belmont county line. The pad is in place for these 3 units on Putney Ridge. There is also a pad…"
David Cain replied to doug baker's discussion 'Need a gas/oil attorney for Harrison County Lease problem'"Doug,
I have used KWGD out of Canton and have been happy with their work. I have also heard Emens and Wolper out of Columbus mentioned on this site before but I have no personal knowledge of them myself. Good Luck to you."
David Cain replied to adam sorell's discussion 'my 10 year lease expired with Ascent Landman called'"Adam,
Please ignore my last line above "Ascent didn't try to unitize these" - I don't know how that got in my response. I also want to clarify the $4,000-$5,000 signing bonuses that I am hearing about are for a 5…"
David Cain replied to adam sorell's discussion 'my 10 year lease expired with Ascent Landman called'"Adam,
I agree with Dott - she gives a lot of good information on this site. I don't know about Eastern Belmont county, but on the western side of Belmont the numbers I hear are in the $4,500-5,000 range. In the end, you should only…"
Profile Information
- What is your role?
- Landowner
- Which state(s) are you following?
- Ohio
- What shale plays do you follow?
- Marcellus, Utica
Comment Wall (9 comments)
- At 12:11pm on January 22, 2020, Brett said…
Hi David,
Montage did bail on my lease. Looks like the gas and oil glut has the industry spooked.
- At 2:47pm on December 16, 2019, Brett said…
Thanks David, I'll let you know if I hear from them or receive a check in January.
- At 6:25am on December 16, 2019, Brett said…
Hi David,
My annual with Eclipse, now Montage, is due up in January 2020. Have you heard anything about renewals? Are you still signed with them?
Thanks,
Brett
- At 11:23am on January 23, 2018, Brett said…
- Hi David, Eclipse sent my check FedEx 2 wks before the due date. Hope you see yours soon.
- At 10:23am on January 23, 2018, Brett said…
Hi David,
I just wanted to let you know that I too have signed with Eclipse and just received my second year bonus. My property is to the North/West of you just over the Oxford County line.Looks like if they ever run a lateral it will pass through both of our properties.
Brett
- At 8:15am on October 10, 2017, Rob Rotz said…
David,
I was talking with Jeff, he said you have the same problem as i do with the Corban ruling. eclipse said i dont own 70 of my mineral ac. do you have the same problem, if so are you trying to resolve ?
Rob Rotz
- At 11:36am on October 4, 2016, Soundcraft said…
- Hello David. I sent the request today. I've spoken with you in the past. Im part owner of the property to borders your land. Cameron, Lake, Alwine.
- At 2:17pm on March 7, 2012, Rob Rotz said…
- I'm going down this weekend to plant 9000 hardwood trees. Do you go down in the off season.
- At 2:44pm on December 21, 2011, Kim Parsell said…
You did fine Dave. :) Thanks for passing along the link to this site!
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