A few months ago my aunt, sister, and I each received letters from a company offering to buy what they are calling a combination of “oil and gas rights and non-participating royalty rights” for…Continue
"Debra, how much research have you done on your title at the court house (seems like you have some details based on your post).
Also seems like there is quite a bit of confusion as to whether there is production or not. The well…"
I have been running title for more years than I care to count.
I have worked for large corporations and for individuals. In general I believe
that a title search with attorney title opinion would cost more than $6,000.
However, the company…"
"Have a similar situation here. Leased 54 acres with Rice/EQT 5 years ago this Nov. Landowners have executive rights and rents. Our family has 100% royalties. We signed, recorded , notarized leases in Greene County Coutrthouse in 2013. Went back to…"
A few months ago my aunt, sister, and I each received letters from a company offering to buy what they are calling a combination of “oil and gas rights and non-participating royalty rights” for property in Greene County, PA. It is a total of 44 acres among the three of us.The letter contained portions of a chain of title (field notes from the company’s title agent) showing that in the 1970s a friend of the family left the rights to my grandparents (who died in the 1980s), and that subsequently…See More
"LandmanDad. Yes. We figure that it might be the gas companies themselves that might want to buy the NPRI cheaply and thus have to pay out less in royalties.
Overall though, being at the mercy of the executive owner seems to limit…"
"I haven't read the full chain below, but there is a great chance that the NPRI carved out in the 70s is not mentioned in any wills/probates and you inherited via intestate succession. Do you know if this is the case? Title work is great, but it…"
"Thank you Nancy Mosley. I had not found the Greene County Register yet. (I'd been doing more research on mineral rights in general.)
Thank you also carp. I know a person who does title work for a law firm. I was…"
"You can have a title abstract done without an attorney, I had an attorney who reccomended the abstractor who did their title searches for them, he had been doing searches for over fifteen years when I contacted him, he charges by the hour and…"
"Hi Joe, have you tried to find any online records for Greene County? I did a search and found Greene County Register and Recorder's Office and Pensylvania Land Records - Greene County
Worth looking and seeing what you…"
"Thanks for all of the information. Very helpful.
Bullfrex -- the whole concept of NPRI was new to me as well. From what I read, creation of NPRI was designed to allow a cash strapped land owner to raise cash without having to sell…"
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 ]