NickC6648
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  • Morgantown, WV
  • United States
  • Gas Professional
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NickC6648 replied to John's discussion 'Why'
"John,  I would certainly not sign any oil and gas lease until you completely understand what your signing. It doesn't matter what Trump will do after February. Here are certain things you need to modify in a lease. Terms- A lot of times…"
Monday
NickC6648 replied to John's discussion 'Leasing'
"John,    After looking at a few maps, I find Jay Bee Oil and Gas North of the county and Cunningham Energy in Wood Co, around the middle of the county. Nothing in your area. You may want to call Jay Bee or Cunningham and see if…"
Jan 14
NickC6648 replied to John's discussion 'Leasing'
"John, Whats your Tax Map Parcel #? I can look for you."
Jan 10
Nancy Mosley and NickC6648 are now friends
Jan 6
NickC6648 replied to william george allison's discussion 'Expiring leases'
"Thanks Nancy!"
Jan 4
NickC6648 replied to james milleson's discussion 'Today's Utica value'
"Frank, This is good, but the mineral buying companies or investors now are becoming more detailed in their search on buying. For example, the 20% for $8000 an acre, need a little more detail on this now. If it is 20% with a post production cost, I…"
Jan 3
NickC6648 replied to james milleson's discussion 'Today's Utica value'
"Jim, your best bet is to put a mineral acreage packet together listing all properties, unleased and leased, companies who have the leased acreage and units, areas including twp and county, tax map parcel numbers and maps. Find the top 5 mineral…"
Jan 3
NickC6648 replied to james milleson's discussion 'Today's Utica value'
"Jim,    It's tough to give you any pricing on oil and gas minerals as there is so many scenario's to buying mineral rights. For ex Is the acreage leased?  if so, is it a bad or clean lease?, is the lease pooled and…"
Jan 3
NickC6648 replied to william george allison's discussion 'Expiring leases'
"My buddy is doing curative work for SWN in Brooke, they should be renewing you. When is your lease up?"
Jan 3
NickC6648 replied to Ron Hale's discussion 'The Future of Oil & Gas For Ohio and US Landowners'
"I guess Ron is not familiar with a "Shut in" Clause and a post production cost in gas leases, SMH!"
Jan 3
NickC6648 replied to william george allison's discussion 'Expiring leases'
"If your main 5 year term of the lease is getting ready to expire, it's up to the company if they want to extend the lease. Just because you have an extension clause in your lease doesn't mean the company has to honor it.  If it is…"
Jan 3
NickC6648 replied to Ron Hale's discussion 'The Future of Oil & Gas For Ohio and US Landowners'
" @Keith Mauck Please remove this forum. "
Dec 25, 2019
NickC6648 replied to Carol Joan Chancey's discussion 'Easement and Agreement Proposal'
"Carol, I would not sign this until you get legal advise. . Any document that speaks of "Storage" in oil and gas, you most certainly will want  to contact an attorney. "
Dec 20, 2019
NickC6648 replied to Lori Huber's discussion 'Royalties Plummeting at a More Rapid Rate - EQT Improvement under Rice Mgt?'
"Ok, Just checking to make sure you did a cost fee or non post production. That can be a big decrease in royalty checks."
Dec 17, 2019
NickC6648 replied to Lori Huber's discussion 'Royalties Plummeting at a More Rapid Rate - EQT Improvement under Rice Mgt?'
"Lori,    Did you sign a lease with a post production cost? "
Dec 17, 2019
NickC6648 replied to McC. Jim's discussion 'PAD $'
"Back in 2011 Williams/ WPX Energy paid $4500 an acre and $1000 for each well leg drilled off the site, plus cost free at 18.5% with Hold Harmless, Marcellus only, 5 yrs only, shut in was $75.00 an acre plus a lot more taken out of the lease in…"
Dec 11, 2019

Profile Information

Introduce Yourself
18 year oil and Gas Professional here to help others out.Owner of Appalachian Mineral Company, LLC
What is your role?
Gas Professional
Website:
http://appalachianmc.com
Which state(s) are you following?
Pennsylvania, West Virginia, Ohio
What shale plays do you follow?
Marcellus, Utica

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