Deborah Sherrod
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Anyone have EQT lease with no deductions?

Started this discussion. Last reply by Nancy Mosley Nov 8, 2017. 5 Replies

Wondering if anyone has signed a lease with EQT for no deductions. Recently received a lease with them but I am reluctant to sign as I have had issues with a lease of mine they purchased from another…Continue

First royalty statement from Antero

Started this discussion. Last reply by Deborah Sherrod Sep 1, 2015. 3 Replies

Finally received my first royalty statement from Antero (but only for current month, back pay still being processed). I was more than a little shocked to see 50% of my royalties going to fees!!!  I…Continue

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Nancy Mosley replied to Deborah Sherrod's discussion 'Anyone have EQT lease with no deductions?'
"Great advice, and a good O&G Attorney may be able to get you leased with another company, who could make an arrangement with EQT at drilling time. Your better lease with the other company would prevail for your payments."
Nov 8, 2017
Victoria Smith replied to Deborah Sherrod's discussion 'Anyone have EQT lease with no deductions?'
"There are deductions and then there are reductions.    If there are no deductions, how much are they reducing the base, what are they including in the reductions, before they calculate your royalty?    /"
Nov 8, 2017
John Sala replied to Deborah Sherrod's discussion 'Anyone have EQT lease with no deductions?'
"Wow, how can anyone make such a blanket statement. Turning down a lease with any provider without knowledge of the specifics is horrible advise. A lot depends on how much land you have, who all is playing in your area, active well pads nearby, etc.…"
Nov 8, 2017
DSFS replied to Deborah Sherrod's discussion 'Anyone have EQT lease with no deductions?'
"They may be the worst. Have multiple leases and they have maybe treated me the worst of all. DO NOT sign a lease with EQT."
Oct 31, 2017
JK replied to Deborah Sherrod's discussion 'Anyone have EQT lease with no deductions?'
"You might want to have an O&G attorney review it."
Oct 30, 2017
Deborah Sherrod posted a discussion

Anyone have EQT lease with no deductions?

Wondering if anyone has signed a lease with EQT for no deductions. Recently received a lease with them but I am reluctant to sign as I have had issues with a lease of mine they purchased from another company. Thank you!
Oct 30, 2017

Profile Information

Introduce Yourself
I have absolutely no experience. I live in Wisconsin and was contacted recently by a representative from PetroEdge Energy regarding 81.89 acres, of which I apparently own a small %. They have sent me a lease and contacted me repeatedly about signing but I am not comfortable with it and I am searching for information.
What is your role?
Landowner
Which state(s) are you following?
West Virginia

Deborah Sherrod's Blog

$1500/acre or $300/acre????

Posted on April 19, 2012 at 1:44pm 2 Comments

PetroEdge prospective lease ... I was told their signing offer was $1500/acre and when I asked about the rental payment if they don't drill - I was told the $1500/acre price was for five year lease (paid up)- so basically it's $300/acre per year for five years... is that standard?  I've ready so many things about being sure the rental payment is in the lease, in case they don't drill... maybe I just wasn't understanding what I was reading, I don't know.  But no where have I read that…

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PetroEdge Energy and prospective leases in Harrison County, WV

Posted on April 3, 2012 at 8:34pm 4 Comments

Does anyone have any experience with them? 

I live in Wisconsin and on March 2nd I was contacted by one of the company's representatives because they want to drill in the Sardis district of Harrison County, WV and apparently, I own a small portion of the mineral rights of one of the properties.

I received a copy of the proposed lease 2 weeks later and have concerns about it as well as the issue of past due property taxes I may owe.  I was told by the county assessor's office to…

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