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Ohio county WV

Started this discussion. Last reply by Wv loving Jun 29. 4 Replies

Hello. Does anyone know the going rate perAcre in Ohio county WV? I have confirmed $5500 is doable but would like to know the cap. Thanks for your time.Continue

Be careful about lawyer fees

Started this discussion. Last reply by Jon Dec 16, 2017. 2 Replies

Just a friendly heads up to people lawyer shopping to negotiate their leases. I’ve noticed a huge price fluctuation in what lawyers will try and charge to negotiate a contract. The best advice I have…Continue

oil and gas lawyer fees??

Started this discussion. Last reply by Chris Shaleman 4 hours ago. 13 Replies

Hello.  Does anyone know the average price a lawyer should charge to negotiate a lease?   Is there a stand range for a flat fee or a percentage of a bonus ?  Thanks for your time.Continue

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Wv loving replied to Wv loving's discussion 'Ohio county WV'
"I understand.    We have negotiated 18% royalty with no deductions and our oil gas lawyer has double checked the fine print  just curious about bonus amount per acre.  Thanks "
Jun 29
WV Mineral Owner replied to Wv loving's discussion 'Ohio county WV'
"I would suggest you worry more about the terms of the contract than the bonus.  I prefer a lesser bonus payment with NO Deductions and other favorable clauses."
Jun 29
Wv loving replied to Wv loving's discussion 'Ohio county WV'
"Yes to lease sorry should of mentioned that.   It looks like the city of wheeling was able to get $6000 per acre and a 18.5% royalty for over 300 acres.   Appreciate the quick reply "
Jun 29
jason irvine replied to Wv loving's discussion 'Ohio county WV'
"I assume your referring to leasing not selling. We have 80 acres located on the wetzel tyler county boarder. The appx. Btu between 1250 to 1275 in the marcellus and dry utica. We just signed for 5k acre bonus after our first lease expired. We were…"
Jun 29
Wv loving posted a discussion

Ohio county WV

Hello. Does anyone know the going rate perAcre in Ohio county WV? I have confirmed $5500 is doable but would like to know the cap. Thanks for your time.See More
Jun 29
Jonathan H replied to Wv loving's discussion 'oil and gas lawyer fees??'
"My lease does NOT have market enhancement clause; my lawyer felt they gave the company too much leeway to make deductions."
Mar 9
Inchworm antenna replied to Wv loving's discussion 'oil and gas lawyer fees??'
"How many lawyers negotiated leases that included market enhancement clauses?  "
Mar 9
Daniel Riemenschneider CPA replied to Wv loving's discussion 'oil and gas lawyer fees??'
"As a CPA, I believe professionals should be charging you for value delivered and you should be willing to pay for that value.  Generally that can be tied to an hourly rate.  My guess attorney fees would range from $200 to…"
Dec 20, 2017
Jonathan H replied to Wv loving's discussion 'oil and gas lawyer fees??'
"I would say that it depends on how much they are doing for you; a simple lease review may be a couple of hours at $250/ hour, but if they are doing the negotiating or other services, such as clearing title and old claims, it will go up quickly from…"
Dec 16, 2017
Jon replied to Wv loving's discussion 'Be careful about lawyer fees'
"Believable"
Dec 16, 2017
JK replied to Wv loving's discussion 'Be careful about lawyer fees'
"I've noticed this also. Just say no.. Then tell them what you want.."
Dec 15, 2017
Wv loving posted a discussion

Be careful about lawyer fees

Just a friendly heads up to people lawyer shopping to negotiate their leases. I’ve noticed a huge price fluctuation in what lawyers will try and charge to negotiate a contract. The best advice I have is to pay a lawyer by the hour to negotiate a lease. Pay no more that $200-250 per hour and a maximum of ten hours. Any lawyer taking longer than that is milking a relatively simple job. Don’t let them work for a percentage of a bonus or royalties. Buyer beware because there are some shady guys out…See More
Dec 15, 2017
A discussion started by Wv loving was featured

oil and gas lawyer fees??

Hello.  Does anyone know the average price a lawyer should charge to negotiate a lease?   Is there a stand range for a flat fee or a percentage of a bonus ?  Thanks for your time.See More
Dec 15, 2017
Wv loving replied to Wv loving's discussion 'oil and gas lawyer fees??'
"Very helpful info guys"
Dec 11, 2017
Jon replied to Wv loving's discussion 'oil and gas lawyer fees??'
"Hahahaha. Yeah! Seriously!"
Dec 11, 2017
Freestar replied to Wv loving's discussion 'oil and gas lawyer fees??'
"Giving an attorney a percentage of the bonus offer is not a good idea. I would say an Attorney should be able do everything your asking about for $1,000 or less. You could be handing them tens of thousands of dollars for no reason."
Dec 11, 2017

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What is your role?
Landowner
Which state(s) are you following?
West Virginia
What shale plays do you follow?
Marcellus, Utica

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FERC to Constitution Pipeline: A Year Means A Year, You Shoulda Fought

Posted by Thomas J Shepstone on July 20, 2018 at 8:31am 0 Comments

Sadly, FERC has once again refused to help Constitution Pipeline avoid the consequences of letting itself to be double-crossed by Gov. Andrew Corruptocrat.

FERC, in a decision released yesterday, has denied…

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