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Jefferson County, OH leasing

Started this discussion. Last reply by Mark Patrick Jan 2. 66 Replies

According to Marcellus Drilling News, people in Jefferson County, OH are getting offers as high as $6000/acre and 20% for leases with Ascent and Gulfport.  These numbers are impressive and…Continue

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Latest Activity

G.H. replied to Joe's discussion 'Help with royalty rights in Greene County PA'
"Correct, it is hard to know exactly what you could get for it without actually knowing what you own, but a price of $2500 per acre seems low.  The 30 days could be a pressure tactic, but it could also be because the company would want to…"
Jun 6
G.H. replied to Marci Feustel's discussion 'Help'
"That response from the broker is laughable.  If you aren't going to be able to lease it to anyone, why do they want to buy it?"
May 23
G.H. replied to Chris Shaleman's discussion 'Ball park for mineral value regarding selling MR's'
"David, I don't really disagree with your points of view.  I agree, with the caveats that sure money today is worth more to some people than "maybe" money in the next few decades, there is always a slight chance that your property…"
Mar 11
G.H. replied to Chris Shaleman's discussion 'Ball park for mineral value regarding selling MR's'
"I agree with you Deutchen, to not even consider selling (for the right price) is, to me, foolish.  If you consider it and then come to the conclusion that it's not for you, then that is one thing.  Tossing aside a GOOD offer without…"
Mar 9
G.H. replied to Donald K. Taber's discussion 'Lessee Payments'
"It's common to add an addendum to amend the royalty.  I believe it's so that they don't have to go through and change the full document every time.  They are proposing to pay you 15%.  There are usually two options,…"
Mar 6
G.H. replied to Donald's discussion 'lease over lease, has anyone done this?'
"As others have said, yes, you can do it.  If the original lease is still in effect it will be considered a top lease, to take effect when the original lease has expired.  The question is whether the underlying lease/original lease is still…"
Jan 29
Mark Patrick replied to G.H.'s discussion 'Jefferson County, OH leasing'
"Sounds like you got a pretty good deal! I am hoping to get an offer soon in Hanover twp.Washington county Pa. It seems as if activity is on the upswing in our area. It is not very far to Jefferson county Ohio either.It is strange how companies do…"
Jan 2
Darlene Nelson replied to G.H.'s discussion 'Jefferson County, OH leasing'
" Finally got our lease worked out. 6250 per acre bonus with 20% royalties and no deductions from the royalty checks. Lots of land protection for my family. With Ascent. Jefferson county,Cross Creek. Thanks for all the help GMS."
Jan 2
G.H. replied to deutchen's discussion 'How much royalties per acre?'
"I've always said that if you are on the fence about selling your minerals that selling a portion is a very good option.  You get a nice chunk of money now and you also get some royalties if and when a well is drilled.  You could also…"
Dec 30, 2017
G.H. replied to deutchen's discussion 'How much royalties per acre?'
"I also think that $50,000-$60,000 is very optimistic."
Dec 30, 2017
G.H. replied to David Allen Lilly's discussion 'What President Trump's tax reform might mean to royalty owners'
"There is some real news out there, I think.  You just have to READ it, not watch it.  Pretty much all TV/cable news is garbage."
Dec 27, 2017
G.H. replied to David Allen Lilly's discussion 'What President Trump's tax reform might mean to royalty owners'
"Yeah, pretty sure Obama was not a socialist.  Name calling doesn't really add anything to an intelligent conversation.  If you really get to keep "a lot" more of your royalties then you must be making a ton of money, good…"
Dec 27, 2017
G.H. replied to David Allen Lilly's discussion 'What President Trump's tax reform might mean to royalty owners'
"Hmm, fake news?  I wish we could all stop regurgitating the president's "fake news" line and look at things objectively.  I looked at Wikipedia real quick (I know, anyone can edit it, burn me at the stake now), it states…"
Dec 27, 2017
G.H. replied to Matt Williams's discussion 'Lease Backout'
"There's probably a clause in the contract that you signed that says the property has to pass a title check.  If another company has a shallow well, that shallow well most likely holds all depths of the property under a lease.  If that…"
Dec 4, 2017
G.H. replied to Sam Moore's discussion 'Gulfport in Trouble?'
"I think you'll get the checks if you wait, but totally understand your frustrations."
Dec 1, 2017
G.H. replied to Sam Moore's discussion 'Gulfport in Trouble?'
"To be honest, all that stuff takes a long time.  I'm not saying that what they are doing is right, or legal/permissible under your lease, but it's possible they are actually working on it."
Dec 1, 2017

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What is your role?
Landowner
Which state(s) are you following?
Ohio
What shale plays do you follow?
All Shale Plays

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