I am considering leasing my 30 acres in beautiful Monroe County Ohio. My property is beautiful with a stream ,waterfall, mature trees and I planned on building someday on this "park like setting". My question is; what will my property look like after fracking? Will they reclaim the land to they way it used to be or will it forever look like a construction zone. Will beautiful Monroe County end up looking like a bad dream eventually. I know we all need cash in this economy and myself being one of them but will my property be worthless and basically a nasty sight to behold if I allow fracking to take place. All with the hope that they "might hit gas" or "they might include all of my acres in the unit". This all sounds like a huge gamble for the hopes of some easy money. Kind of like the lottery and we all know of the horror stories attributed to the lottery.
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1.) leasing your land does not mean that they'll use any of it for surface operations
2.) it will be reclaimed but not with mature trees
3.) they'll stay away from natural water sources because they're just too much of a headache
4.) there's only a small possibility that you'll end up in a unit anytime soon; companies have hundreds of thousands of acres to drill
5.) between an upfront signing bonus and a string of big royalty checks you may be compelled to build a house somewhere else entirely
6.) if you doubts or reservations and the allure of the money isn't enough to alleviate them then don't do anything and continue to live your life as you did before all of this came around; peace of mind has no price
If they want it badly enough non-surface leases can be priced even above their offers for surface leases. I know, because CHK made me such an offer and offered neighbors considerably less. We did not sign. Carizzo just offered $5400 per acre 20% royalty for a nearby NONsurface lease = same as they offered for surface to their neighbors too!
If you are worried about your water and land get ALL assurances, such as nonsurface and regular testing and remediation IN the Lease Agreement.
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