BuckinghamGasMan
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Royalty structure in Pa

Started this discussion. Last reply by Rita McConnell Jun 22, 2009. 4 Replies

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BuckinghamGasMan replied to Mark McGrail's discussion 'Please e-mail or call Governor Corbett'
"I thought that this law would affect only property owners who had already sold or leased their mineral rights and the units would be a way of accessing the gas which was leased/sold. I further thought that no one is being forced to sell their gas…"
Jul 8, 2013
BuckinghamGasMan replied to Kenneth E. Williams's discussion 'Companies that buy mineral rights in Sullivan County, Pennsylvania.'
"Don't know Eagle, but a company called Master Mineral Holdings, Inc is buying in the state. 724-206-0016."
Apr 22, 2013
BuckinghamGasMan replied to The Hiker's discussion 'How does Antero split the pie when Consol has acreage in their drilling unit?'
"I'm not not answering because I am an expert but I would expect that a company can't create a Unit which would include land not under their control. Maybe they have flipped the acreage but not told the landlord?"
Apr 22, 2013
BuckinghamGasMan replied to hunter4440's discussion 'Real estate taxes on minerals'
"I think you need to tell us what State you're in -- that makes a difference. Also, each County in Pa has amazing latitude, mostly because you have to sue in each county to force them to comply with the state law. Are they doing this because…"
Feb 26, 2013
BuckinghamGasMan replied to Frank Walker's discussion 'Every landowner oppose PA Senate Bill 744 regarding royalty owner taxation'
"Regardless of whether or not this gets passed, the value of gas under unleased property should be valued the same as actual gas royalties. In other words, someone without a lease should also be taxed for the value of their gas even if they are not…"
Feb 11, 2013
BuckinghamGasMan replied to Frank Walker's discussion 'Every landowner oppose PA Senate Bill 744 regarding royalty owner taxation'
"Regardless of whether or not this gets passed, the value of gas under unleased property should be valued the same as actual gas royalties. In other words, someone without a lease should also be taxed for the value of their gas even if they are not…"
Feb 11, 2013
BuckinghamGasMan replied to Schnoozie's discussion '3.8 % of Oil and Gas Royalties for Obamacare'
"If you get me $200,000 in royalties in a year, I'll pay you (or the government) 3.8%"
Jan 28, 2013
BuckinghamGasMan replied to jb379's discussion 'Yoko & Sean visiting PA frack sites'
"Dogs wouldn't bother her -- professional courtesy."
Jan 21, 2013
Kris Park replied to BuckinghamGasMan's discussion 'Is there a minimum royalty rate in New York?' in the group New York Landowners
"NYS, like PA, has a state wide 12.5% minimum royalty due to the owner of the mineral rights. "
Jun 22, 2012
Thomas J Shepstone replied to BuckinghamGasMan's discussion 'New DRBC Regs' in the group Wayne County, PA
"The mystery regarding Governor Markell's holding the DRBC hostage:  http://eidmarcellus.org/marcellus-shale/the-markell-mystery-why-is-he-holding-the-drbc-hostage/"
Mar 1, 2012
BuckinghamGasMan replied to Kim D's discussion 'SO...NOW I HAVE NO MORALS?!'
"I understand completely. I have been called greedy for leasing my land by people who want no drilling to occur so that they can visit on weekends and enjoy the pristine view. My definition of greedy is people who want others to pay taxes and…"
Dec 21, 2011
brian kulp replied to BuckinghamGasMan's discussion 'New DRBC Regs' in the group Wayne County, PA
"great more procastination might be time to corbit why the drbc is telling us what we can do with are land just a ?"
Nov 20, 2011
BuckinghamGasMan replied to Daniel Treinkman's discussion 'Pike County Pa' in the group Penn Land Owners
"Pike has shale, but probably not gas. I think exploration there will be after all other gas is located in the Marcellus."
Nov 10, 2011
brian kulp replied to BuckinghamGasMan's discussion 'New DRBC Regs' in the group Wayne County, PA
"things are looking up about time thks for the info"
Nov 9, 2011
BuckinghamGasMan added a discussion to the group Wayne County, PA
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New DRBC Regs

Well, the long awaited DRBC regs may be here. They were posted late today. There will be no comment period, that is over. The DRBC Commissioners will vote on the regs on November 21. Anti drilling groups have already said that they will sue, regardless of what the regs say. See: http://www.state.nj.us/drbc/notice_naturalgas-draftregs.htm for the regs and a "fact sheet". At first blush, the permitting system seems to be…See More
Nov 8, 2011
BuckinghamGasMan replied to Joy F.'s discussion 'Land Leases - Cogan Station' in the group Lycoming County, PA
"Find out who has all the leases around you and see if that company is interested -- unless it's also Range. You might check with Range, maybe they don't think your lease expired."
Nov 2, 2011

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Landowner
Which state(s) are you following?
Pennsylvania

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