"Curiosity here…..how many concrete trucks are making deliveries in the turbine area?
It is my understanding that the pads these turbines stand on require 100's of yards of concrete.
It might be a portable batch plant, but the stone and…"
"If it is true, and the producer only 'pays for horizontals that go under our acres', then it would be net beneficial for you. The amount of acres in the PU would be at a minimum, and your share would comprise a larger %.
I don't see…"
"So I am confused....in your post immediately below, it looks like you are in PA....is that not the case?
"are aprox 41 well permits in Springhill TWP. Greene CO. PA"
I am not well versed in OH gas, so I apologize for giving bad info."
If you have acreage in the Production Unit, I do not see how they can exclude you from being paid royalties, whether the well goes under your acreage or not. Have you seen a well plat, which shows the direction of the well(s) overlaid…"
Once the Production Unit is declared by the producer, any and all wells in that PU will contribute royalties to the owners of property in that PU, regardless of whether the wells actually 'go thru your property' or not. They…"
"Interesting question bo,
No expert here, but the owner of the subsurface rights (OGMs) has the final say on what happens below the surface. If you only own the surface, you have no say in what happens below that.
In our case as subsurface owners…"
"For many of the reasons you have stated, Bill Gates (yeah, that Bill Gates), a noted and vocal anti in the Green movement, has recanted and stated publicly that....(paraphrased) "Renewables are not cost effective or good for the planet. The…"
"How many turbines are they placing there? My concern would be the subsonic noise that will be generated and it's impact on the surrounding environs.....including the good people who live there.
When will this madness stop? We need Trump for…"
"Yes he is....but wishing for something, while disregarding the Laws of Physics, is a recipe for disaster.
Battery technology has reached it's virtual zenith....there will be no significant improvements in Li batteries....electrons do what they…"
"The concept of re-fracing wells has been around for a long time....so it begs a question:
Does anyone have knowledge of a re-frac process performed on an existing Marcellus or Utica well in the PA/OH/WV plays?
I would appreciate being pointed to…"
"Lots of moving parts in this question; any speculation determining the 'royalty per acre' will be just that....speculation..
Size of the PRODUCTION Unit
Number of your acres in the PU
IP of the well(s) is a big…"
bullfrex I'm not real good at math but I would think 16% with no deductions would be better for when the well starts to drop off after a year or so .with 18% with deductions it hard to tell what the deductions would be I probably would owe them lol ps I value your opinion thank you BILL
bullfrex I have another dumb question lol. I just got a letter they want to lease my land at my house .in your opinion would it be better to go 18% with deductions or gross royalty at well head at 16% with no deductions its only for couple acres thank you sir
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