Replies to This Discussion

Permalink Reply by RichR on January 15, 2013 at 1:24pm

If your property would be a key parcel in completing a drilling unit, like the remaining piece in a puzzle, your leverage would increase in negotiating a lease.

Permalink Reply by RichR on January 16, 2013 at 2:20am

Good point!

Permalink Reply by RichR on January 18, 2013 at 6:00am

Have any other companies put out this type of proposal?  I haven't seen it mentioned anywhere the other forums.

Permalink Reply by RichR on January 19, 2013 at 9:55am

I got it today, if I only had a birdcage to line.  I may not be the smartest person in the world, but I'm certainly not the dumbest. $750/acre/year, 15%net, 5years.  Boiler plate wording. 

Permalink Reply by Berk on January 19, 2013 at 11:14am

Sounds like same dam one I got back in October. There must be land owners signing them or they would be raising the offer.   

Permalink Reply by RichR on January 19, 2013 at 12:11pm

That is what happens when there are no landowner groups to band together.  Keep the people separated and uninformed, and they will sign.

Permalink Reply by Tim Tarr on January 16, 2013 at 8:35am

They can capture the gas but cann't frac the shale over that line. That's why usually stay 250 feet away, the frac comes to the line but not over. Something they also have to consider is the shape (directions) of your property lines in relation to the well pads.

Permalink Reply by Oliver Perry on January 16, 2013 at 10:42am

That makes sense Tim. It may be legal to drill alongside an unleased  property, but it wouldn't seem functional or ethical to do so. 

Joe,

If you know of a specific well in PA where they drilled right down along an unleased property line would you provide that information? Thanks

Permalink Reply by Berk on January 20, 2013 at 5:01pm

Please read section six. I believe this should help clear things up.

http://law.psu.edu/_file/aglaw/SummaryOfOilAndGasConservationLaw.pdf

Permalink Reply by Robert W. Sandera on January 22, 2013 at 11:15am

 A Titusville Atty sued them for 28 million for ripping us off. I've had a good standard gas well NON-unitized with them for years means I am paid way more then others. What you want to know. I am a Federal Law Specialist and wrote my lease with 5 amendments protecting my land, water etc.  I can tell you what you want and what not to do. I just sent them an email yesterday about doing another standard well they wanted and a marcellus and utica well as I am over both and they know my property is like something they never seen before my hill grows in elevation.  I'm in Guys Mills. I'm also going. to be a serious Presidential Candidate in 2016 and may chose Jesse Ventura as a tag team effort. I've actually invented two new forms of free energy for electric and fueling cars because I'm sick of wall street destroying this Country Rob Sandera

Permalink Reply by Martha Stevens on February 5, 2013 at 1:22pm

So, has anyone had any luck negotiating with Range?  They are still handing out the same lease.  I think I remember someone on a different thread saying they signed but were only paid for 1 year, and that Range cancelled the lease about 1 week before the next bonus payment was due.

Also, with this kind of "per year" wording, doesn't that make the primary term of the lease 1 year? So that essentially the landowner is granting Range 5 primary terms????

• ‹ Previous
• 1
• 2
• 3
• Next ›
• Page