Oil/Gas/land owner rights to gas and oil
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Question
Is there a standard amount of gas and oil that the landowner receives and is there a limit to this if the production of the well drops off? What is the standard rate of cubic feet for the landowner?
Dear Mary:
There is no standard rate. A commonly used amount is 200 MCF/year (200,000 cubic feet), typically will heat a single family house.
The range s from zero to "unlimited".
Yes there us a limit if the well drops off related to physical, ecoomic and contractual
matters.
AHC
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Answers by Expert:
Alan H. Coogan
Expertise
Ohio geology, oil and gas fields and reservoirs leasing and mineral rights.Oil/water well contamination
Experience
50 years geologist, 30 yrs attorney
35 years in Ohio fields
Organizations
AAPG, AIPG. Ohio Bar Ass.
Publications
Bul. AAPG, AIPG, Northeastern Geology,Ohio geol. Survey, J. Paleontology, Revista Geol. Mex. Akro Law Review
Education/Credentials
PH. D., geology; J.D.
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