Jefferson County, OH leasing

According to Marcellus Drilling News, people in Jefferson County, OH are getting offers as high as $6000/acre and 20% for leases with Ascent and Gulfport.  These numbers are impressive and reminiscent of offers in the sweet spot during the boom.  Hopefully this is a good indicator of what's to come in the near future.  Thoughts?  Anyone who can confirm these numbers?

Views: 7240

▶ Reply to This

Replies to This Discussion

Permalink Reply by boop on September 14, 2017 at 2:56am
I agree with Dott. You will need an attorney to negotiate a good lease, and be careful of the attorney. I hear some are being paid off by the O& G companies.
Permalink Reply by Mike Sero on September 14, 2017 at 6:20am

I'm independent Landman who has a client/mineral owner who I negotiated for. I'm paid a % by the O&G leasing company, so it's in my best interest to lease for the highest amount of the mineral owner. If you have questions about leases or people buying contact me directly.

Permalink Reply by NETTIE b on October 15, 2017 at 11:22am

Has the amounts offered gone down drastically in Northern Jefferson county ohio? 

Permalink Reply by Darlene Nelson on January 2, 2018 at 9:10am

 Finally got our lease worked out. 6250 per acre bonus with 20% royalties and no deductions from the royalty checks. Lots of land protection for my family. With Ascent. Jefferson county,Cross Creek. Thanks for all the help GMS.

Permalink Reply by Mark Patrick on January 2, 2018 at 11:32am

Sounds like you got a pretty good deal! I am hoping to get an offer soon in Hanover twp.Washington county Pa. It seems as if activity is on the upswing in our area. It is not very far to Jefferson county Ohio either.It is strange how companies do not want to cross state lines though!

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service