You are here:

Oil/Gas/Questions

SubjectDate AskedExpert
Oil and Gas Lease2/8/2012David Traugott
  Q: I know this isn't your primary area, but I hope you may have some insight on this matter anyway. We ...
  A: The state regulatory agency will determine the spacing requirements for the wells in your area; ...
Oil in Orange County New York?2/7/2012David Traugott
  Q: I was just wondering if there is the possibility of oil finds in Orange county New York. If yes, ...
  A: Seismic data is collected when sound waves are sent into the earth and the time it takes for them to ...
Sale of O&G Working Interest2/5/2012Laura M. FitzGerald, CPL
  Q: I own 66.67% interest in the SW/4 of Sec. 9,T36N 71W, Converse Co, WY. This is a Federal lease held ...
  A: James, I would like to be able to help you with an answer, but there are economic evaluations that ...
Barrels per day in pecos Texas2/1/2012Frederick M. "Mick" Scott
  Q: I'm a new royalty owner. I know the amount of oil & gas with flucshiate month to month... But still ...
  A: Depends on the well. In most cases, a well will have it's best production during the first and ...
mineral rights question2/1/2012Frederick M. "Mick" Scott
  Q: I read your response to a december 16th, 2011 question about mineral rights in a similar location to ...
  A: There are two producing wells on that section currently. Not great wells, but not bad. Both produce ...
leasing 140 acres in Dimmit Co Texas1/31/2012Laura M. FitzGerald, CPL
  Q: my family owns 100% of the minerals in 140 acres in southwest Dimmit Co. No one seems interested in ...
  A: Linda, I have been active in Dimmit County, Texas and do in fact own 20 mineral acres there myself. ...
mineral interests1/30/2012Frederick M. "Mick" Scott
  Q: Mr. Scott, Thanks so much for all of your help. I have learned very much, just by using your ...
  A: If you are due money, but cannot be located for some reason, the company will put it into a ...
Kingfisher County Leases1/30/2012Frederick M. "Mick" Scott
  Q: Mick, Over a year ago I sent you a message about marketing leases in Kingfisher County. Since ...
  A: What the State gets is not necessarily what you should expect. They have more bargaining power for ...
Purchasing of mineral rights1/29/2012Frederick M. "Mick" Scott
  Q: Mr. Scott, this is going to sound kind of strange, but my mother-in-law wants to sell me her mineral ...
  A: Your mother-in-law can of course will her minerals to anyone she likes, so no need to worry about ...
royalties1/27/2012Frederick M. "Mick" Scott
  Q: If there are other wells drilled those sections, do we get royalties from those wells,too? These are ...
  A: You will receive royalties from any well whose unit spacing includes your minerals. A horizontal ...
No Bonus Offered on Oil and Gas lease1/25/2012Frederick M. "Mick" Scott
  Q: Pottawatomie County, Oklahoma 80 acres Township 7 North, Range 4 East, Section 01: S/2 NW/4 I am ...
  A: It's not typical. I wouldn't lease for no bonus here, especially with 80 acres. It's probably some ...
Lease Assignment1/24/2012Frederick M. "Mick" Scott
  Q: Mr. Scott, I have a lease with El Paso in the Eagle Ford west of Cotulla, Tx for a 2600 acre ...
  A: Negotiating the lease terms in an oil and gas lease is much like negotiating any other contract. ...
all or any part of the leasehold - whether owned by lessee or others1/23/2012Frederick M. "Mick" Scott
  Q: Mr. Scott I own 180 acres in Carroll County, Ohio which sits on the Eastern most side of Ohio. My ...
  A: If the acres they are wanting to lease are not held by production, then the pooling clause in your ...
Limited term Royalty Conveyance1/21/2012Frederick M. "Mick" Scott
  Q: Mick, I received a letter from Principle Energy LLC, stating they are offering landowners $300 per ...
  A: Susan, a "royalty conveyance" with a term of five years means that you are granting to the buyer any ...
Pugh Clause/No Deductions1/20/2012Frederick M. "Mick" Scott
  Q: While negotiating for more favorable lease terms as the lessor, I asked that the Pugh Clause and No ...
  A: The versions you supplied will protect as well as any really, though you might want to see if ...
mineral rights1/20/2012Frederick M. "Mick" Scott
  Q: My family has mineral rights in Carter County Oklahoma. 15 acres in section 15 where xto drilled the ...
  A: There's a producing well in 15 (the Berwyn) so if you own 15 acres in that section you should be ...
Mineral rights in Le Flore County, OK1/18/2012Frederick M. "Mick" Scott
  Q: I own mineral rights including oil, gas, coal, asphalt and all other minerals located at Quarter ...
  A: The <a href="http://www.occeweb.com/Orawebapps/OCCOraWebAppsone.html"> Oklahoma Corporation ...
Coal county Oklahoma oil lease1/18/2012Frederick M. "Mick" Scott
  Q: My sister-in-law and I own mineral rights in section 3, T1N-R9E, located in Coal county Oklahoma. ...
  A: Negotiating the lease terms in an oil and gas lease is much like negotiating any other contract. ...
Viscosity1/16/2012William Hawk Howes
  Q: I am in the field of supplying pumps. I want to calculate friction loss in a piping to select a ...
  A: Moideen Viscosity Section 9 http://www2.mpsi20.org/msds/gasoline.pdf When you say ...
Mineral rights in Montana1/15/2012Frederick M. "Mick" Scott
  Q: I am writing you in regards concerning property in Hill County, Montana. The location of this ...
  A: CSG Partners has been buying leases in the are for about $10/acre recently for leases from the ...
mineral lease1/13/2012Frederick M. "Mick" Scott
  Q: I just received a mineral lease for E/2 NE/4 Sec23-10N-10E. I have taken over my deceased father's ...
  A: Yes, the two sections are adjoining, and it's possible your dad owned in both even though you have ...
White City, Wilbarger County , Texas1/12/2012Frederick M. "Mick" Scott
  Q: Mr Scott, I was wondering if you could provide me with any information regarding leasing of minerals ...
  A: The <a href="http://www.rrc.state.tx.us/data/online/index.php"> Texas Railroad Commission </a> has a ...
leasing minerals1/12/2012Frederick M. "Mick" Scott
  Q: I received a a letter from a company to lease minerals under land we have in crowley county colorado ...
  A: You can ask the lessee, or your attorney, to explain what all the terms they offered you mean if you ...
renewal of oil and gas mineral lease1/11/2012Frederick M. "Mick" Scott
  Q: My mother had an oil and gas lease in 2006 that was for three years with a renewal option for two. ...
  A: The company can lease from one owner, but as I mentioned in my previous answer, if they actually ...
Lease1/9/2012Frederick M. "Mick" Scott
  Q: Offered $200/acre for 4.22222 acre w/ 3/16th in Payne County. Other family members have received ...
  A: Each owner can lease on their own without the others if they wish, though by joining together you ...
Jackson County1/8/2012Frederick M. "Mick" Scott
  Q: Mr. Scott, I'm the recipient of shares of mineral rights in Jackson County, Oklahoma, Section 14, ...
  A: Attached is a <a href="http://www.drillinginfo.com"> Drilling Info </a>map showing the leasing ...
Swabbing1/7/2012David Traugott
  Q: we plan to restart our Oil well with swabbing operation, could you pelase explain me if this ...
  A: Any time you are dealing with a high concentration of H2S the situation is dangerous. Everyone on ...
net vs. gross1/7/2012Frederick M. "Mick" Scott
  Q: I just received an gas/oil lease for property in Oklahoma (Woodford Shale Johnston Co area). ...
  A: Net proceeds means your royalty will be based on the sale price AFTER deducting for expenses such as ...
renewal of oil and gas mineral lease1/6/2012Frederick M. "Mick" Scott
  Q: My mother had an oil and gas lease in 2006 that was for three years with a renewal option for two. ...
  A: The mineral rights are an "undivided" interest, meaning that each heir owns a portion of each ...
TERMINOLOGY1/3/2012Carl Alexander
  Q: I am reading the ND Industrial Commission Oil and Gas Div. monthly production report. There is a ...
  A: I am not 100% sure of this, N.D. may be referring to something else such as the number of truck ...
leasing1/1/2012Frederick M. "Mick" Scott
  Q: What happens if I donot sign a lease on a producing well in Texas? Royalties and such.
  A: If it's already producing, then they've probably just left you out of the unit because they couldn't ...
lease offer on small property in Greeley, CO1/1/2012Laura M. FitzGerald, CPL
  Q: I live in the city of Greeley and have just received an offer for an oil and gas lease from Mineral ...
  A: Cathy, I hope that some of the questions I have answered for others have been helpful to you. I'm ...
Oil, gas & Mineral Right12/29/2011Frederick M. "Mick" Scott
  Q: In the past 6 years we have had the duty of managing the passing of three of our four parents. My ...
  A: The <a href="http://www.rrc.state.tx.us/data/online/index.php"> Texas Railroad Commission </a> has a ...
oil lease advertising12/26/2011Laura M. FitzGerald, CPL
  Q: We leased 200 acres of minerals (OK- 23-3S-10E) to a company that went bankrupt in 2008. (Somerset) ...
  A: Martin, The public records will provide any interested company who wants to lease your minerals with ...
How can I tell if I'm entitled to royalties on natural gas12/20/2011Laura M. FitzGerald, CPL
  Q: my family owns the mineral rights on some land in Oklahoma. In 2008 XTO energy offered us a sum ...
  A: Via, I am sorry you are having such a hard time trying to obtain information about your minerals on ...
Oil/Gas lease proposal12/16/2011Frederick M. "Mick" Scott
  Q: Scott, Four members of my family, all living in CA, own 2 acres of land located at: Township 11, ...
  A: 1. I live about a mile from here. There is a rig up and drilling right now; has been for about a ...
Division Order Question12/14/2011Frederick M. "Mick" Scott
  Q: I'm working with an attorney to deed an oil interest from a trust to a beneficiary. The attorney ...
  A: The people who are paying the royalty (or were paying) would have a copy of the division order. ...
Alfalfa county minerals offer12/14/2011Frederick M. "Mick" Scott
  Q: Need a little advice. My sister & I own an undivided quarter section of land that we recently sold ...
  A: Sandridge is planning to drill a couple of wells adjacent to your section 28. One is in 27 and one ...
Royalty calculation12/13/2011Frederick M. "Mick" Scott
  Q: I read them all religiously. I have a question that I have not seen addressed on this forum ...
  A: If your MINERAL RIGHTS are included in their production unit, then you will be paid based on your ...
Oil's economic Impact12/13/2011William Hawk Howes
  Q: I am currently writing a paper on Oil's economic impact and I need to use an interview as a source, ...
  A: http://www.api.org/Newsroom/upload/Industry_Economic_Contributions_Report.pdf Excerpt The oil and ...

Page:   1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10  |  Next      All

Oil/Gas

All Answers


Answers by Expert:


Ask Experts

Volunteer


Frederick M.

Top Expert on this page

©2012 About.com, a part of The New York Times Company. All rights reserved.