"Just in case you haven't figured this out already, you'll want to request a release from Antero. Probably just call the Owner Relations line and leave a message. 303-357-6405. They usually get back within a few days, but…"
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Jim White
- Male
- Brooklyn, NY
- United States
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- Blog Posts
- Discussions (171)
- Local Groups (9)
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Jim White's Groups
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Doddridge County, WV
57 members
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Pleasants County, WV
40 members
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Belmont County, OH
425 members
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Trumbull County, OH
303 members
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Washington County, OH
160 members
Jim White's Discussions
Value of Minerals
Started this discussion. Last reply by Jim White Mar 4, 2020. 7 Replies 0 Likes
We sold some minerals to Antero this year. We need to find out what the value was in 1999 when we inherited the minerals so we can deduct that from our capital gains tax. Does anyone know of someone…Continue
Drilling Question
Started this discussion. Last reply by Jim White Dec 12, 2018. 13 Replies 0 Likes
I was searching around in that crazy new weekly report format looking for a well I knew was drilled. I found what I wanted, but on the same page was the information below on some other wells in which…Continue
Adverse Possession of minerals
Started Jun 26, 2017 0 Replies 0 Likes
I know that you can adversely possess minerals in WV. My question is this. Suppose you have 100 acres and find that 30 years ago, someone drilled a vertical well which is still producing. Suppose the…Continue
A Merry Christmas to all
Started Dec 4, 2015 0 Replies 0 Likes
The Oil Field Night Before ChristmasCourtesy of Bill Rodgers ‘Twas the night before Christmas, and all through the patch, Not a roughneck was stirring, not even to scratch. The drill pipe was…Continue
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Jim White's Page
Latest Activity
"Yea. I can't find that lease yet. Checked another Antero lease with a Pugh clause and it wasn't helpful. Will keep looking. Thanks."
Jonathan Cohen replied to Jim White's discussion 'Expired lease' in the group Tyler County, WV"You had previously posted about the sale to Antero on one of the GMS forums.In any event, your full lease should specify how to request a release pursuant to the Pugh clause. You'll likely have to send a letter in. "
"Curious how you knew about the sale. A one off. No, this is the Freeland Unit land/wells."
Jonathan Cohen replied to Jim White's discussion 'Expired lease' in the group Tyler County, WV"Hi Jim,
Are these the same minerals you sold to Antero earlier this year? "
Expired lease
Two questions.1. I just got a popup that said " Network At Risk Of Being Disabled". Can't remember. Do we need to pay for using GMS? Been a long while since I have been on.2. We leased 150 acres to Antero in Meade. They Unitized and drilled on only 40 acres. The 5 year lease is up. Don't they need to give me something showing that we now have the 110 acres unencumbered? The Pugh clause thing which we have in the lease. How does that work?Thanks! See More
"Thanks all. Answered my questions to the point I know what I need to do."
Dan replied to Jim White's discussion 'Value of Minerals'"With all the ambiguity involved I would say whatever is most advantageous for you tax wise. The IRS is understaffed and underfunded. They probably could care less what you say the value is. If they do I would let them call you out.…"
"True some of the released leases have gone from $5000 an acre and 20%
To a release of lease filed in the county courthouse and no offers to lease or buy the mineral
Guess for some the value is Zero and others who are needed to completed units…"
Tom Brian replied to Jim White's discussion 'Value of Minerals'"My thinking on this is the value was zero as in the 80s and 90s land was sold with no value placed on mineral valve only surface, after 2000 the value was an issue,,,,,,,,,, "
"There is a lot to valuing minerals
But it’s not that complicated if you know the proper valuation formulas typically used in the industry by those who perform evaluations
I had a neighbor who had to value her minerals at 1942 prices
They came…"
"Brett
Could you email me at jimdwhite@outlook.com. The value was confidential with Antero."
Value of Minerals
We sold some minerals to Antero this year. We need to find out what the value was in 1999 when we inherited the minerals so we can deduct that from our capital gains tax. Does anyone know of someone who can do that kind of work? Thanks.See More
Profile Information
- What is your role?
- N/A
- Which state(s) are you following?
- West Virginia
- What shale plays do you follow?
- Marcellus, Utica
Comment Wall (2 comments)
- At 5:35am on January 24, 2014, Jacob Fewx said…
- You may want to talk to goddard and wagnor in clarksburg about vortex.
- At 9:33am on January 21, 2014, Bob Donaghy said…
Jim, do you have news about Vortex and the Middle Island Landowners group? I haven't had any contact with any of the members since I dropped out in August.
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