We live in NC and have property in Tyler Co. so sort of out of the loop. We've leased with Antero. Any drilling done by this company? They seem ok, but keep asking us about selling our mineral…Continue
"It's also magical for the buyer the well should last much much longer than 5 years, and then there's the possibility for additional formations. I always say....if you need to see, find a local landowner who is already getting…"
"If people wish to sell why not just sell half of the minerals if cash is what some are looking for? Oil and gas is definitely a long game. There are lease holds from the 1800 that still arent producing. Let that sink in"
"Sorry to butt in; but it may be this is what the oil&gas co.s are up to. Keep short changing royalty owners to the point of it looking like it may be better just to sell the rights now. Then they can open up the choke and cash in ALL the money!"
"William Dotson, that sounds about right. $137.93 per month or ~$1655 per year. Over 5 years (and assuming no decline curve-which is a bad assumption mind you) that comes out to $8275 over 5 years. Taxed at 30%, you get…"
"You should look into selling your minerals only . If they offer you 7200 , shoot for 8k a acre. After your land is added to a unit, they will take such big deductions , it will take years or a life time trying to get 320k back. Just make…"
"Once you put the minerals in your name, Tyler Co. will tax the property. They use a minimum value of $200 and at that valuation you would pay $4.74/yr. Then you are taxed on production by the county as well. Basically, they use the production to put…"
"Thanks for this information. We've had a couple of other companies contact us too. Pikewood out of Morgantown and Alpine Energy I believe out of Pittsburgh. Antero said that $7200 is their highest offer. We live in NC so kind of out of the loop."
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 ]