"Companies are no longer leasing to lock in land. From what I am seeing in our area the only leases they are interested in is what they need to finish out a unit that they plan on drilling in the next 24 months, with that most of them are proposing a…"
"Latest I have seen is 2,000 to 2,500 an acre for 3 year lease and 16% royalty with the right clause for no deductions (very important to get the correct language) This was for Harrison county both Cadiz and Stock township....Also it seems that…"
"I have one good 18% lease with -0- deductions and a smaller 15% lease on 30 acres that deducts about 1.90 per 1000ft on Natural gas but not too much on the liquids. When gas was lower I owed them money on the 30 acres but now that prices have…"
400 plant products, gallons
"EAP has been paying 1,000 per acre per year on the lease so if they are looking for a 2 year lease you should get $2,000 per acre and also push for 16 or 17% as they have been agreeing to that as well. Make sure you have the no cost royalty…"
"Not sure how you are looking at it but typically they deduct so much per 1,000 qft or so much per barrel etc...those costs stay pretty consistent but the prices they get for the product fluctuate greatly month to month, so the higher the…"
"I have one lease with market enhancement clause that I signed before I new what was going on, with the prices being low I get nothing in royalties due to all the deductions. I have another lease with the clause below with the same company and I…"
The Harrison County's picture is of Scio, Ohio circa 1898 and represents the boom of days past. This site is dedicated to the sharing of information with all concerned in oil and gas leasing in Harrison County today. Join us and prosper. Please join this group to participate.Lease Offers (view / list) …See More
"Buyers base the price on getting a 4-5 year return on investment so #1 they are not likely to chase land that will not be developed soon #2 you will never "make out" by selling your minerals in the long term. The only way it remotely makes…"
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What 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 ]