Replies to This Discussion

Permalink Reply by Arnold L Stuart on October 7, 2010 at 10:47am

Rob: I have signed two different leases, one by Chk, the other by EQT, both were for $500.00 an acre and 1/8 Royalty. Both interest were in Doddridge County WV.

Arnold

Permalink Reply by Mark Baker on December 8, 2010 at 3:58am

Rob: $500 per acre in Doddridge maybe, but I have not heard of this in Ritchie, I could very well be wrong though as things change daily. Right now $250.00 seems to be standard with your common 1/8 royalty, if you have property in this county and are interested in leasing let me know. I could see what I could do for you. Thanks

Permalink Reply by maag man on November 5, 2013 at 5:33pm

and who do you work for mark?

Permalink Reply by Jim White on September 12, 2011 at 12:53pm

Just wondering what anyone knows about Pleasants. Got offer of $350/acre with 1/8 Royalty for 2500 acres. Any opinions?

Permalink Reply by Jim White on September 12, 2011 at 2:22pm

Sorry, that was obviously $350/net acre.

Permalink Reply by Nancy Mosley on December 24, 2012 at 1:37pm

$1500 an acre in Clay district. 

Permalink Reply by Arnold L Stuart on December 25, 2012 at 5:21am

If we are talking deep well,(Marcellus), the price has gone up considerable in the last two years.  $15-1800 an acre and 14-18% Royalty. I am talking Doddridge, Harrison, Tyler, Richey. LET'S ALL KEEP IN TOUCH WITH EACH OTHER, AND DISCUSS THIS ISSUE AS PRICES CONTINUE TO GO UP,IT'S THE ONLY WAY WE CAN GET AN IDEA HOW TO NEGOTIATE. IF YOU ARE IN A WET GAS AREA,THE PRICE YOU ASK MAY BE EVEN HIGHER.

 

ARNOLD

 

Permalink Reply by DSFS on January 1, 2013 at 12:05pm

Who is leasing in the Ritchie,Wirt, Wood County areas right now that you are aware of? Thanks

Permalink Reply by Nancy Mosley on January 1, 2013 at 3:17pm

Antero, EQT, Noble (with Consol/CNX) are the ones I am aware of. All in the Clay and Union Districts of Ritchie County.

Permalink Reply by D L T on January 11, 2013 at 3:46am

We have an offer in Clay district for 1500 an acre  and 15%.  Trying to get lease language to our liking.  I have a question:  The land agent got one of the heirs to sign their lease. (ouch)  Does anyone on here know if there is any time limit for the heir to change there mind and cancel out the signing.  We want to sign as a family but, the agent contacted the weak link after we told the heir that we are still negotiating.

Permalink Reply by maag man on November 5, 2013 at 5:32pm

what is the company?

Permalink Reply by maag man on November 5, 2013 at 5:29pm

2500 in ohio..