"I don't think that Ohio is any different from any other State on deductions, it has been an industry trend, nationally, for a while now.
Market enhancement clauses are worthless deductions, the produced product has to be matched to the…"
"Ron, I like Trump too, but the stuff you are writing about is lunacy. O&G companies are going to be taken over for corruption by the feds and their assets placed in the treasury - all by executive order? C'mon man, come back down to earth."
"+1 NARO is a great organization, even though I primarily work within the O&G industry, I have been a member for a couple years now myself. They tend to be a little behind the curve in leasehold trends as they are on the receiving end rather than…"
"Deductions tend to be legal and fine depending on lease language, post production deduction clauses are generally only somewhat to not effective at all and generally lack enforcement language. I have never heard of indictments, sealed or otherwise,…"
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 ]