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Mickgyver's Discussions

Leasing activity in Belmont County

Started this discussion. Last reply by searcherone Apr 29. 5 Replies

     Has anyone gotten any leasing offers or lease extensions on previous leases in Belmont County that were originally created by the land groups . Please share any leasing terms and bonus offers…Continue

Oil and Gas Lease ,Controlling Addendum's Versus,Regular Lease Clauses and related issues.

Started this discussion. Last reply by Mickgyver Apr 15, 2013. 8 Replies

Some friends and I have been discussing lease controlling factors and would like to start a post for questions and answers from  other issues that have been experienced by our fellow readers related…Continue

Pipelines going through Somerset Township and Seismic Testing in Belmont County

Started Jun 20, 2012 0 Replies

Hello All does anyone know anything about proposed pipelines being installed through areas of Somerset Township in Belmont County by Murray Energy .I have been told by friends in that area they there…Continue

Natural Gas Liquids Pie Chart for good overview of various situations

Started this discussion. Last reply by Mickgyver Jun 14, 2012. 4 Replies

Here is a link with a chart and a detailed explanation of how the amount of Natural Gas Liquids affects the overall breakeven dry gas costs…Continue

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Latest Activity

searcherone replied to Mickgyver's discussion 'Leasing activity in Belmont County'
"Brett, If you are working in Ohio check the new regulations on who can and cannot buy/sell minerals.   Has nothing to do with the mineral owner, but are you qualified to do the transaction.    Just a heads up."
Apr 29
Deron replied to Mickgyver's discussion 'Leasing activity in Belmont County'
"Are you in any current land owner group trying to get leased?   At least a few of my neighbors with over 100 acres are in a group with me.  I was told we were offered 4000 about a month ago and turned it down.  It would be nice…"
Apr 24
Brett McCormick replied to Mickgyver's discussion 'Leasing activity in Belmont County'
"Hello, my name is Brett McCormick and I am the president of Monarch Minerals (www.monarchminerals.net). We help lease mineral owners property as well as help them broker their minerals, similar to a real estate agent. We have tremendous contacts in…"
Apr 24
drill0317 replied to Mickgyver's discussion 'Leasing activity in Belmont County'
"You have to remember leasing bonuses are driven by competition, if multiple companies are not in the area it does not behoove a company to just pay a large bonus.  Bonuses are great, but royalties are where it is at."
Apr 22
Albert Russell replied to Mickgyver's discussion 'Leasing activity in Belmont County'
"Gulfport extended our lease in Washington township Belmont county "
Apr 21
Mickgyver posted a discussion

Leasing activity in Belmont County

     Has anyone gotten any leasing offers or lease extensions on previous leases in Belmont County that were originally created by the land groups . Please share any leasing terms and bonus offers which have been accepted which may help guide others that have not had their leases extended yet . With any luck it would stand to reason when and if  the Cracker Plant  construction decision is finally announced this  should bring back competitive leasing offers that were being offered between 2012…See More
Apr 18
Mickgyver replied to Deron's discussion 'Is there any land owner groups in Belmont county still trying to get leased?'
"hello deron it appears that the leasing talks are going to start again .I got a call from a purple land mangement about my pro. in warren near Barnesville. With the cracker probably going to be built they will want the wet gas areas soon to tie them…"
Mar 21
Mickgyver replied to Mitchell R Holliday's discussion 'Selling Mineral Rights'
"hello mitchell ,how much property do you have and in what township and county ,i know some buyers that may be able to contact you"
Jun 28, 2018
Mickgyver replied to Mitchell R Holliday's discussion 'Selling Mineral Rights'
"Back in 2013 THEY WERE OFFERING 15,000 TO BUY THE MINERAL RIGHTS ,in Belmont County Chesapeake was leasing for $50 to $-6000 or so an acre and they sold a lot of leases to Total of France for $20,000 per acre . NOW with oil prices lower they are…"
Jun 27, 2018
Mickgyver replied to Mitchell R Holliday's discussion 'Selling Mineral Rights'
"check for area potential production and if you live near area being sold . the tax basis is better than royalty taxes but long term production could pay better . A friend of mine has 79 acres in a unit and he is in a throttled down unit producing…"
Jun 21, 2018
Mickgyver replied to Donald K. Taber's discussion 'Lessee Payments'
"hello i am in belmont county ohio but the 1/8 offer is about the minimum they are allowed tyo pay .Here in our county many received a lease with 20% royalty and ithe per acre price started small but I know the prices paid to many was $5000 per acre…"
Mar 6, 2018
Mickgyver replied to Zack Jameson's discussion 'Do friends and relatives view you as a piggy bank now?'
" Yes you are so right about some folks thinking you have had something handed to you even without a well being drilled . It is hard for some to understand that even though some people were blessed with a small windfall ,a lot of the reason this…"
Jun 8, 2015
Mickgyver replied to Zack Jameson's discussion 'Do friends or relatives view you as a piggy bank now?'
"Zack it is sad that the relatives come out of the woodwork when they want to help you spend your new found wealth ,but it is easy to remember how many times they could have  just called to see how you are doing .I am sure you will have the…"
Jun 8, 2015
Keith Mauck (Site Publisher) and Mickgyver are now friends
Feb 20, 2014
Mickgyver replied to Mickgyver's discussion 'Oil and Gas Lease ,Controlling Addendum's Versus,Regular Lease Clauses and related issues.'
"Hello Yes you may be right ,That would be a bad situation I am awaiting a legal reply to try to find out for sure . the O.O.P. appeared to be mandatory as I read it , I will say  a fried had all of their acres leased, and part of it was not…"
Apr 15, 2013
Kevin Senich replied to Mickgyver's discussion 'Oil and Gas Lease ,Controlling Addendum's Versus,Regular Lease Clauses and related issues.'
"As I thought about this, I felt obliged to let you know that if the notice provision of the OOP is mandatory (it likely is), you will have to give notice in order to enforce your rights under a 120 day default.  Although the lessee may be…"
Apr 15, 2013

Profile Information

Introduce Yourself
just learning for best informed results and trying to encourage others to take charge and get informed so we all do better as a state .
What is your role?
Landowner, Concerned Citizen
Which state(s) are you following?
West Virginia, New York, Ohio
What shale plays do you follow?
Barnett, Eagle Ford, Marcellus, Utica

Mickgyver's Blog

WET GAS in local counties more valuable than the dry gas

Posted on September 3, 2011 at 10:27am 1 Comment

here is some information to help informed decision for the value of the wet gas in our area . log on to site it has great information as well as a value of the wet gas  (here is the website)      

 

http://www.frackcheckwv.net/2011/04/01/%E2%80%98wet%E2%80%99-gas-worth-75-more-7-vs-4-per-thousand-cubic-feet/

Comment Wall (5 comments)

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At 5:53pm on May 23, 2012, matt jones said…

Hilcorp was the company

At 2:43pm on January 16, 2012, Rick C-73 said…

I thought that is what I did. You show up in friends box, new to this, am I missing something????

At 2:32pm on January 16, 2012, Rick C-73 said…

Mickgyver

Thanks for the help.  I only have about 2 acres on CR100 in Warren Twp but from what I have read in the last couple days, Smith-goshen group seeems to be a very repsonsbile group looking out for the landowner.  Any assistance you could provide would be very much appreciated. 

 

I have my parcel number, but I know the group is very busy and I haven't seen any meetings since about November.

 

At 6:04pm on January 13, 2012, James Kerns said…

Hey Mickgyver, Hows it going buddy?

At 10:50pm on September 19, 2011, Jim Harber said…

Mickgyver,

Wow, that is a long read.....but, you shared alot of really good information. Good Stuff, thanks for your input and I hope group members will listen to your thoughts on the subject matter covering alot of areas when needing the facts in whether to lease or not and holding the fort down, even when others are running out the gate. It is harder to hold together and hold the fort when the almighty buck is working its way into the what ifs or what should I do? We are still along way off from the top pricing, but that really isn't the key here; it is what is good for you and what is good overall for the group. Common sense goes along way during these times and should be thought out before anyone jumps ship. Keep on, keeping on is the best plan....just "Hold the Fort".

 
 
 

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