Oil/Gas/Questions Answered by Expert Frederick M.
| Subject | Date Asked |
| Barrels per day in pecos Texas | 2/1/2012 |
| 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 question | 2/1/2012 |
| 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 ... | |
| mineral interests | 1/30/2012 |
| 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 Leases | 1/30/2012 |
| 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 rights | 1/29/2012 |
| 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 ... | |
| royalties | 1/27/2012 |
| 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 lease | 1/25/2012 |
| 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 Assignment | 1/24/2012 |
| 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 others | 1/23/2012 |
| 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 Conveyance | 1/21/2012 |
| 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 Deductions | 1/20/2012 |
| 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 rights | 1/20/2012 |
| 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, OK | 1/18/2012 |
| 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 lease | 1/18/2012 |
| 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. ... | |
| Mineral rights in Montana | 1/15/2012 |
| 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 lease | 1/13/2012 |
| 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 , Texas | 1/12/2012 |
| 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 minerals | 1/12/2012 |
| 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 lease | 1/11/2012 |
| 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 ... | |
| Lease | 1/9/2012 |
| 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 County | 1/8/2012 |
| 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 ... | |
| net vs. gross | 1/7/2012 |
| 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 lease | 1/6/2012 |
| 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 ... | |
| leasing | 1/1/2012 |
| 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 ... | |
| Oil, gas & Mineral Right | 12/29/2011 |
| 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/Gas lease proposal | 12/16/2011 |
| 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 Question | 12/14/2011 |
| 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 offer | 12/14/2011 |
| 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 calculation | 12/13/2011 |
| 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, gas & mineral lease | 12/13/2011 |
| Q: I have just (Dec.2011) received word that I am owner of 1/6 of 50% of the mineral rights in Fisher ... A: On this one I will refer you to an answer by expert David McCall, who addressed the ratification ... | |
| Reading meters on oil wells | 12/11/2011 |
| Q: We have lease with one of the major players in the Eagle Ford. Do you feel it is prudent for us to ... A: Unless your lease gives you permission to "read the meters" it would likely be considered ... | |
| OFFERS ON MINERAL ACRES RIGHTS | 12/11/2011 |
| Q: MY QUESTION IS HOW MUCH IS THE MINERAL ACRES WORTH IN HOCKLEY COUNTY, TX IT IS DRYLAND FARAMLAND. I ... A: The best way to find out the true market value for your mineral rights (assuming you want to sell ... | |
| Increased density drilling | 12/8/2011 |
| Q: How have you been? I have some new information about my Smith 1-17H well (Apache Corporation) in ... A: Normal for production to increase? Not usually, but I'm sure you're not complaining, right? Could be ... | |
| royalty question | 12/7/2011 |
| Q: Testing positive for a main vein which was completed in March of 2011-signed contracts for use of 50 ... A: I assume you are talking about a lease bonus payment (down payment) that hasn't been paid. They ... | |
| mineral rights | 12/7/2011 |
| Q: i and my siblings inheriated some minerial rights from our father, we have leased them in the past. ... A: The <a href="http://www.occeweb.com/Orawebapps/OCCOraWebAppsone.html"> Oklahoma Corporation ... | |
| mineral interest value | 12/5/2011 |
| Q: My siblings and I inherited the mineral rights to approximately 65 acres in Alfalfa County OK. The ... A: Continental is fixing to drill another well in that section, which is probably why you received the ... | |
| releasing minerals with dry hole on it | 12/3/2011 |
| Q: Mick, would a oil company be interested in leasing minerals on propery that has a salt water ... A: It's possible, especially if they wanted to drill to depths than had not been drilled in the ... | |
| identify drilling and completion around leases | 12/2/2011 |
| Q: We own O&G leases in East Texas. How does one identify activity that is affecting the individual ... A: The <a href="http://www.rrc.state.tx.us/data/online/index.php"> Texas Railroad Commission </a> has a ... | |
| mineral rights activity lease renewal not renewed after decline purchase offer | 12/1/2011 |
| Q: I own mineral rights in Oklahoma,for the last 20 years or so every 3 years we have renewed a ... A: The <a href="http://www.occeweb.com/Orawebapps/OCCOraWebAppsone.html"> Oklahoma Corporation ... | |
| Jackson County Oklahoma | 11/30/2011 |
| Q: Mr Scott, I have mineral rights leased in Jackson County to OKKI Energy since April 2010. The land ... A: There are no producing wells currently in your section or any of the surrounding sections. "PA" ... | |
| Oil and Gas Lease Offer Creek County | 11/30/2011 |
| Q: I was offered a $57/acre bonus on my 28 mineral acres I own in Creek County in Section 28-19N-8E. ... A: Negotiating the lease terms in an oil and gas lease is much like negotiating any other contract. ... | |
| Lease strategy/Force pooling in Texas | 11/29/2011 |
| Q: Your site has been most informative and appreciated 1. When the lessee is in the process of ... A: Your #1 assumption is not correct in most cases. In Texas in fact they can just leave you out of ... | |
| Cross Unit Well | 11/22/2011 |
| Q: Mick, We have a few wells on our property in Cleburne County, Arkansas. I received a division order ... A: A cross unit well means that the drilling and spacing unit includes parts or all of more than one ... | |
| Minerals | 11/22/2011 |
| Q: My 2 brothers and I have inherited some minerals located at (section 16 - township 17N - Range21W ... A: $1000/acre is probably about the average being paid in this township so I wouldn't feel too bad ... | |
| how much royalty will I receive? | 11/21/2011 |
| Q: Scott,My family leased 200 acres in eddy co.NM.,Of which we own 25% of the minerals in 160 acres sw ... A: You'll share in any well that's drilled according to your ownership in the drilling and spacing ... | |
| Mineral and Oil Lease Payments | 11/20/2011 |
| Q: We purchased land in Kansas (E1/2 of W1/2 NE1/4 Section 21 Township 25 South Range 4 West of 6th ... A: You cannot lease mineral rights you do not own, however if they end up drilling a well there, you ... | |
| timeline of oil/gas royalties | 11/18/2011 |
| Q: Greetings! My family and I have some mineral rights here in Montana and we had a company do a lease ... A: All states have an agency that oversees oil and gas production and/or collects the taxes due the ... | |
| Payne county OK leasing bonus? | 11/18/2011 |
| Q: I own 40A ( all oil rights and land) in 18N 02E of Payne County OK. As yet we do not have a oil ... A: The <a href="http://www.occeweb.com/Orawebapps/OCCOraWebAppsone.html"> Oklahoma Corporation ... | |
| Chesapeake in Washita, Okla. | 11/17/2011 |
| Q: Your thoughts, Please. The Chesapeake IPO (initial public offering) for $468 million dollars states ... A: Have you considered just selling HALF of the mineral rights? Perhaps that way your family wouldn't ... | |
| culberson county | 11/17/2011 |
| Q: I own 40 acres in culberson county texas. I was approached by Dawson Geophysical for performing 3d ... A: Become a geologist, or wait for their client to drill a well. They are not going to share the ... | |
| Fair offer for OGML | 11/15/2011 |
| Q: ! Was offered a Paid up OGML in the Sophia Dean League Survey Abstract #16 in Jefferson County ... A: Negotiating the lease terms in an oil and gas lease is much like negotiating any other contract. ... | |
| property evaluation | 11/14/2011 |
| Q: I need a valuation, for an estate in New Jersey, on oil and gas properties in Texas and Oklahoma. ... A: Mineral rights evaluations are kind of specialized, which is why it's difficult to find anyone ... | |
| Oil and Gas Leasing | 11/14/2011 |
| Q: I have 160+ acres mineral rights which has been leased for 3 years. The lease has expired and I have ... A: The <a href="http://www.occeweb.com/Orawebapps/OCCOraWebAppsone.html"> Oklahoma Corporation ... | |
| An offer to lease min rights | 11/11/2011 |
| Q: I have a 3/16 interest in 10 net acres in Blaine County, OK. (18 17n 10w NE quarter). My sister ... A: Negotiating the lease terms in an oil and gas lease is much like negotiating any other contract. ... | |
| Oil Lease Royalty Checks | 11/9/2011 |
| Q: I have two years left on an oil & gas lease. It is a 3/16ths lease on 160 acres. I have been ... A: For non-producing mineral rights, it's all about "location, location, location," much as it is in ... | |
| JOINT OPERATING AGREEMENT | 11/9/2011 |
| Q: I want to know if it is possible and how to get a copy of an A.A.P.L Form 610 agreement and any ... A: JOA's are not public record, but if you are a working interest owner in a well your rights are ... | |
| oil lease | 11/9/2011 |
| Q: I have a small mineral interest in Caddo county, Ok. section 25-t6n-r9w,I.M. tract 6. I would like ... A: Not much going on there right now, leasing wise, so I doubt you'll do much better than $250 right ... | |
| royalties | 11/8/2011 |
| Q: I have been tracking the barrel price of oil on several websites. Why is there such a difference in ... A: Prices at the wellhead will usually be lower than the prices you see on TV as the ones on TV are the ... | |
| Selling Royalities in Foard County Texas | 11/8/2011 |
| Q: I have interest in Foard County, Texas (Mineral/royalty) Unit: Rasberry 6100' CADDO U 21A Rasberry ... A: If you own mineral rights in this unit, multiply the average of your last six months checks by ... | |
| Recent Drilling Activity in Dewey County Oklahoma | 11/7/2011 |
| Q: Mr. Scott, I am the owner of 75 mineral acres in the W/2 Section 34, T16N,R14W, Dewey Co. OK and ... A: The <a href="http://www.occeweb.com/Orawebapps/OCCOraWebAppsone.html"> Oklahoma Corporation ... | |
| Oil Lease Royalty Checks | 11/7/2011 |
| Q: I have two years left on an oil & gas lease. It is a 3/16ths lease on 160 acres. I have been ... A: With 160 acres on a 3/16 lease in a 640-acre spacing unit your "decimal share" of the production ... | |
| Information on Pittsburg County Oklahoma Drilling & Location of Records | 11/6/2011 |
| Q: Well I have inherited some mineral rights from my dad & mom's estate that are located in Pittsburg ... A: The <a href="http://www.occeweb.com/Orawebapps/OCCOraWebAppsone.html"> Oklahoma Corporation ... | |
| JOINT OPERATING AGREEMENT | 11/5/2011 |
| Q: I want to know if it is possible and how to get a copy of an A.A.P.L Form 610 agreement and any ... A: You can find that form online pretty easily. Just Google it. As to one that pertains to your area, ... | |
| Gas Leases | 11/4/2011 |
| Q: I live in the Ringgold La area and was approached at the first of the year to lease at a low amount. ... A: If you own mineral rights in the unit, they will have pay you. Since you didn't lease, you were ... | |
| Oil Lease Offer | 11/3/2011 |
| Q: I was contacted by phone to lease my five acre property in Seminole County Section 9, 7N, 6E. Three ... A: Negotiating the lease terms in an oil and gas lease is much like negotiating any other contract. ... | |
| Mineral rights-Leasing | 10/30/2011 |
| Q: I was approached to lease my mineral rights on Section 3, Block E, EL & RR Sy - Terry County, Texas. ... A: Negotiating the lease terms in an oil and gas lease is much like negotiating any other contract. ... | |
| I.D. of Oklahoma O&G Purchasers | 10/29/2011 |
| Q: Is there a source of information to identify the gross production purchasers of crude oil and gas ... A: I would contact the OTC for that information, though it seems you've had no luck with them. If you ... | |
| seismic, eminent domain | 10/28/2011 |
| Q: Recently a seismic company came to us (we are in Okla) wanting to conduct seismic work on our ... A: Well, I don't know if $7/acre is fair, but it certainly isn't much is it? I wouldn't agree to that, ... | |
| recieving oil checks | 10/28/2011 |
| Q: My sister and I have 20 acres in Grady county we have leased.In Oklahoma Mineral Owners ... A: If you own 20 acres, and they're all in the same spacing unit (all drained by the same well) then ... | |
| Selling Mineral Rights | 10/26/2011 |
| Q: I am planning on selling my mineral rights to my family in OK. Before I approach them, I would like ... A: Unleased? Perhaps $2000 to $2500/acre. Recently leased at 3/16 or better? Perhaps $1500 to ... | |
| oil lease | 10/26/2011 |
| Q: We have 105.00 net acres in section 15&22-18n-21w located in Ellis Co. Oklahoma. We have been ... A: Negotiating the lease terms in an oil and gas lease is much like negotiating any other contract. ... | |
| gas lease agreement | 10/25/2011 |
| Q: We signed a gas lease agreement back in March 2011 and was told we would get money for the lease in ... A: Yes, they should have paid you by now if they agreed to pay you by August (which in itself is a long ... | |
| Division Orders/Royalties | 10/25/2011 |
| Q: Good news....I finally received my oil & gas division order from Apache(Smith 1-17H well, Beckham ... A: Gee Susan, if this guy Flaherty really works FOR Apache, I must say I am disappointed in them for ... | |
| royalty deed | 10/24/2011 |
| Q: So many questions where do I start... I recently discovered papers that my mother had 20 acres of ... A: Sorry about that. My bad. Yes, just substitute Colorado for all the places I said "Oklahoma." I ... | |
| royalty deed | 10/24/2011 |
| Q: So many questions where do I start... I recently discovered papers that my mother had 20 acres of ... A: If she died in a state other than Oklahoma her estate will need to be probated in Oklahoma because ... | |
| How to Check Drilling Activity in Oklahoma | 10/23/2011 |
| Q: Are they drilling any where around chicken wing prospect #031-10 section 31-10N-07W in Grady county ... A: The Oklahoma Corporation Commission is the oil and gas regulatory body for the state of Oklahoma, ... | |
| royalty deed | 10/22/2011 |
| Q: So many questions where do I start... I recently discovered papers that my mother had 20 acres of ... A: If she didn't pass away in Oklahoma (and perhaps even if she did,) you'll need to have her estate ... | |
| figuring royalty pay outs | 10/21/2011 |
| Q: North Dakota, McKenzie County T150N R99W. I own mineral rights on 200 acres in sec. 9. pooled with ... A: 200/1280 X .125 X .125 = .00244141 decimal (participation) interest. Use the decimal interest to ... | |
| general questions re | 10/21/2011 |
| Q: I found out 2 weeks ago that my Grandmother left her mineral rights to "We" 6 distanced cousins. ... A: Power in numbers? Yes, usually. It helps to save the company some acquisition costs, so in many ... | |
| leasing/selling mineral rights in Lincoln County, Oklahoma | 10/20/2011 |
| Q: The family has just inherited mineral rights in Lincoln County, Oklahoma. (South Half (s/2) of ... A: Leasing? Probably between $100 and $200 per acre. Selling? Perhaps three times that IF they are ... | |
| Why the Leasing Interest? | 10/20/2011 |
| Q: Novice question. I have been approached about leasing mineral rights on a half section of land in ... A: The best thing you can do to improve your negotiating position with a potential lessee and therefore ... | |
| Division Orders/Royalties | 10/19/2011 |
| Q: Good news....I finally received my oil & gas division order from Apache(Smith 1-17H well, Beckham ... A: Susan, Rather than signing the one they sent you, just send them a the NADOA standard form ... | |
| lease | 10/17/2011 |
| Q: I own 40acres section 36-14N-6W Candian County, Oklahoma. Chesapeake as offered $400 per acre how ... A: You cannot really find out (other than from them) if the company has paid any of your neighboring ... | |
| Oil and Gas Lease | 10/13/2011 |
| Q: I've been offered a lease in Nobel County; it's in the West Half of the Southeast Quarter of Section ... A: You can check the activity in your general area by going to the Oklahoma Corporation Commission's ... | |
| Surface only verbage on deed | 10/12/2011 |
| Q: I am reviewing a family deed that my grandparents who owned both the surface and minerals deeded ... A: "Surface Only" means they did not convey any mineral rights into their living estate. They only ... | |
| Executive Rights - Partial | 10/12/2011 |
| Q: We own part of the executive rights. We think we own 50% and another gentlemen owns 50%. Does that ... A: I think you could each lease 50% of the tract you own the executive rights to, with or without the ... | |
| pipeline easement | 10/11/2011 |
| Q: We own real estate in Section 22-T12N-R6E, Lincoln County, Oklahoma. Five years ago we granted an ... A: It would only be a hazard to your property if the pipeline leaked. Apparently the easement is good ... | |
| Oil - Mineral rights question for Grant County, OK | 10/11/2011 |
| Q: Scott, My friend has 40 net mineral acres in Grant County, Oklahoma. She just received a letter ... A: $1000/acre sounds like a good offer considering they were leased for only $125/acre last year. In ... | |
| oil drilling in alfalfa county, ok | 10/8/2011 |
| Q: Scott, My mother owns farmland and maintains the mineral rights to all of our property. We ... A: You can check the <a href="http://www.occeweb.com/Orawebapps/OCCOraWebAppsone.html"> OCC Website ... | |
| who's paid to the new owners | 10/7/2011 |
| Q: we recently buy a property from hud. (it was a foreclosure) under this circustances the prior owner ... A: Likely the "3 stations" do not include the mineral rights under your property, or you would have ... | |
| 2009 Value of Minerals | 10/5/2011 |
| Q: Good morning to you and thank you in advance for taking the time to answer my question. I inherited ... A: I would estimate these were worth about $3000 to $3500/acre back in early 2009 assuming they were ... | |
| taking over lease | 10/3/2011 |
| Q: We leased our royalty rights to chapparal energy at the beginning of this year. Was told today by ... A: They are likely either going to sell the lease to the other company outright, or are "going in" with ... | |
| Pottawatamie County Lease Offer | 10/3/2011 |
| Q: Just heard from the land man on the Pottawatomie lease question you helped me with on 9/14/11. (My ... A: If they want five years, it's likely because they don't feel they'll have time to drill all the ... | |
| Drilling activity in Ellis Co, OK | 9/29/2011 |
| Q: Our Family owns mineral right in the following Townships. 19N 21W, 18N 22W, 18N 24W, 18N 25W. ... A: I can't predict when they will drill, though I'm sure the lessee has some sort of drilling schedule ... | |
| Division Order Questions | 9/29/2011 |
| Q: Scott, I am writing you again regarding Apache's Smith 1-17H well in Beckham county. I have own 20 ... A: Trust me, I feel your pain ha ha! I've got a well I'm waiting on results for also and even though I ... | |
| Ownwership of Well Bore | 9/28/2011 |
| Q: In the state of Texas, when a well bore has been plugged and abandoned, and the oil and gas lease is ... A: The answer below is actually from the guy who asked me the above question in the first place. He was ... | |
| Roger Mills (Marmaton Formation) | 9/27/2011 |
| Q: Laredo is planning on drilling in 2012 in our sec. 27-13N-25W in Roger Mills county in the Marmaton ... A: There is a lot of activity in that township from Laredo currently, which indicates a well will ... | |
| lease question | 9/26/2011 |
| Q: Land in Atoka Okla is still in a deceased Relative name and has never been probated. There are many ... A: To find out if it's been leased, you can check the records at the county clerk's office in the ... | |
| FORCED POOLING HEARING | 9/22/2011 |
| Q: I have leased my mineral rights in Oklahoma and expect that the lessor will "Force Pool the ... A: If the judge and attorney for the applicant don't mind, I'm sure you could be heard, though I don't ... | |
| Oil lease in Lincoln County, OK | 9/21/2011 |
| Q: Out of the Blue, we have been offered an oil lease for $125/acre on our 80 acre track of land in ... A: Most of the activity nearby is to the north of you so in my opinion $125/acre (assuming 3/16 ... | |
| So close yet so far. Economy scuttled lease agreement | 9/20/2011 |
| Q: Mr. Scott, My family owns the mineral rights to roughly 3,000 acres in Montana's Crazy Mountain ... A: Nothing really happening in Park County these days, you are correct. I would just wait until they, ... | |
| Integrated section | 9/20/2011 |
| Q: Will an operator integrate a section and then not drill it? I am in the Fayettville Shale. Seeco ... A: More often than not if a company force-integrates they do end up drilling. It may be that they ... | |
| mineral lease bonus and royalty | 9/19/2011 |
| Q: Several adjacent property owners have recently signed lease agreements in Morehouse Parish (Section ... A: Devon has a permit to drill a well in 31-22N-5E, but that's the only one in the area I see. Not much ... | |
| OFFER TO BUY MINERAL RIGHTS | 9/18/2011 |
| Q: I have an offer to purchase my mineral rights for $1000 per acre in SEC2 9N 9W Caddo County ... A: Continental is doing a lot of leasing in Section 2 this year. Not sure what they're going for but ... | |
| oil leas vs production | 9/16/2011 |
| Q: I have had my mineral rights in Beckham county under lease for the past few years with a 3/16 ... A: A decimal interest of 0.01757813 indicates to me that you own 60 acres of mineral rights in their ... | |
| Beaver County | 9/15/2011 |
| Q: I'm glad I stumbled on to this site--I've been going through your Q & A posts and have found them ... A: I always tell people that when they receive an unsolicited offer to buy their minerals out of the ... | |
| Lease Offer - Pottawatomie County | 9/14/2011 |
| Q: I received an inquiry phone call offering a lease on 5 acres in Pottawatomie County, OK -- Section ... A: $75/acre is about the going rate in this area, in fact it's a bit higher than average in my opinion. ... | |
| Activity In Caddo County, Oklahoma | 9/13/2011 |
| Q: I own mineral right to 15.866 acres in SEC 2 9N 9W. I have an offer to purchase for $1000 per acre. ... A: No drilling permits or recent completions in or near your Section 2, however Continental Resources ... | |
| Pittsburg County, OK Lease Offer | 8/31/2011 |
| Q: Mick, welcome back from vacation. I greatly appreciate your contributions to this board. My sister ... A: I would insist on at least $500 and 3/16. Frankly I'd ask for $700 and 3/16 and if (when) they balk ... | |
| Washita County Gas Lease Offer | 8/30/2011 |
| Q: Mr. Scott I own mineral rights to 60 acres in SE/4, SEC.7-10N-20W in Washita Co., Oklahoma. I would ... A: That permit is for a different drilling and spacing unit than your minerals are in, so no, you will ... | |
| 50% interest in mineral rights | 8/30/2011 |
| Q: We purchased a property in Kansas approximately 17 years ago. The seller of the real estate retained ... A: The seller can lease the mineral rights for as long as he owns them, even if the lease ends up ... | |
| Washita County Gas Lease Offer | 8/30/2011 |
| Q: Mr. Scott I own mineral rights to 60 acres in SE/4, SEC.7-10N-20W in Washita Co., Oklahoma. I would ... A: $1500/acre and 3/16 (or $1200 and 1/5) is not a bad offer really. With 60 acres though you might be ... | |
| Fair mineral lease | 8/10/2011 |
| Q: I have been contacted by several land men and wanted to know if this is a competitive lease offer: ... A: I'm not that familiar with the leasing bonus amounts in your area, but I can tell you it's probably ... | |
| Dewey & Cimarron counties | 8/5/2011 |
| Q: Hey Mick, long-time reader, first-time question-asker. And pardon me, but I've got a three-parter. ... A: Not much going on in 18N-19W these days, drilling wise. Most of the current permitting activity is ... | |
| Commencement of Drilling Definition | 8/5/2011 |
| Q: The mineral rights lease from Continental Resources will be up in Oct. 2011. Do they have to have a ... A: Unless you have a clause in your lease similar to the one below, they do not have to actually begin ... | |
| Surface vs Mineral rights and drilling | 8/3/2011 |
| Q: If I buy a property and the current owner conveys the surface rights to me but retains the mineral ... A: The mineral estate is the dominant estate, therefore, unless the lease has a "no drill" clause you ... | |
| Can I Sell and Still Keep Royalty? | 8/2/2011 |
| Q: If I lease and then sell my property before lease has expired(not reserving interest) do I still ... A: No, you will not continue to receive royalty payments unless you reserve a royalty interest when ... | |
| Dewey County, OK Activity | 8/2/2011 |
| Q: Scott, We have 3.92 acres in Dewey county Sec 7 17N-15W on lease with Jackord Land Inc and am ... A: There is a lot of activity in the area. They'll likely get around to drilling your lease before it ... | |
| Searching Mineral Rights | 8/1/2011 |
| Q: What protocols would I use to determie mineral rights located in Matagorda County, Texas? Over the ... A: <a href="http://www.texasfile.com/"> Texas File </a> is one site that contains many of the Matagorda ... | |
| Calculating royalty payments | 8/1/2011 |
| Q: When calculating royalty payments do you divide by the actual number of acres of the lease property ... A: The size of spacing units is decided by the oil and gas regulatory bodies of the states. For ... | |
| Calculating royalty payments | 7/30/2011 |
| Q: When calculating royalty payments do you divide by the actual number of acres of the lease property ... A: To calculate how much royalty you might receive from 160 acres each month you'd need to know how ... | |
| Lease Offer | 7/30/2011 |
| Q: I'm dealing with a landman who seems to be less than forthcoming. She says lessee is "a fortune 500 ... A: If you can get your friend's clause in there I'd say go for it. It's unlikely they will accept such ... | |
| Pugh clause | 7/29/2011 |
| Q: Going to sign a lease next week with a vertical Pugh clause in it. I have a few questions about it. ... A: The answer to your first question depends on what TYPE of "vertical Pugh clause" you are talking ... | |
| Lease | 7/29/2011 |
| Q: We own over 17 acres in 3-11N-25W in Roger Mills County and the lease will expire in one year. How ... A: Chesapeake has no permit currently for your section, but they are currently drilling a well in ... | |
| Oil and Gas Lease In Canadian County | 7/28/2011 |
| Q: I was contacted this evening about renewing a lease of the 5 acres of mineral rights I inherited. I ... A: You're looking at closer to $200/acre now, and with Chesapeake being the only one leasing in this ... | |
| Oil and Gas Lease In Canadian County | 7/27/2011 |
| Q: I was contacted this evening about renewing a lease of the 5 acres of mineral rights I inherited. I ... A: I think $500/acre would be more in order here. There are several companies leasing here currently, ... | |
| Where do I start? | 7/24/2011 |
| Q: My father passed away about a year ago. While going through some papers I found a stack of deeds ... A: The best way to determine if these properties are still owned would be to visit the courthouses in ... | |
| Well spacing in Ellis County | 7/24/2011 |
| Q: Mr. Scott, I am going to inherit some mineral rights in NE 1/4 section 17 19N 24W in Ellis County. ... A: Short answer: "Yup, they will." I assume you are referring to the Chesapeake well? FYI that section ... | |
| Buy/lease offers on new wells | 7/23/2011 |
| Q: Good evening Mr. Scott, I have truly appreciated your input regarding questions about my mineral ... A: Susan, These companies are in business to make money just like any other business so it's no ... | |
| Temporarily Abandoned Well | 7/22/2011 |
| Q: We inherited royalty interest in a well, Winsted HE 1-20 in Beaver County, that is temporarily ... A: Wells, especially gas wells, can be temporarily abandoned or "shut in" due to low gas prices. Other ... | |
| Spacing Unit Questions | 7/12/2011 |
| Q: Scott, My husband and I have been writing you recently about our oil and gas well (Smith 1-17H ... A: Good to hear from you again, and please accept my apologies for taking a few days to respond this ... | |
| Family oil and gas interest | 7/11/2011 |
| Q: My grandfather and great uncle accumulated several thousand acres of leases during the 1960's and ... A: In most cases if anyone wants to lease your mineral rights, you will be contacted (perhaps to the ... | |
| Shut In Payment | 7/10/2011 |
| Q: Mr. Scott- I have a lease contract with XTO Energy for 3 years that started June 19, 2008 with a ... A: Unfortunately, you will not be receiving the extension bonus because it appears they drilled a ... | |
| oil/gas lease Love County , Okla | 7/10/2011 |
| Q: My three siblings and myself have been offered a oil and gas lease on a 238.8 AC parcel of land in ... A: A lease bonus can be thought of as a "thank you for granting us the right to drill and develop your ... | |
| oil/gas lease Love County , Okla | 7/9/2011 |
| Q: My three siblings and myself have been offered a oil and gas lease on a 238.8 AC parcel of land in ... A: You did not specify whether they offered you a bonus or not, and if so, what it was. A five-year ... | |
| Ellis County, OK O&G Rights Question | 7/8/2011 |
| Q: I inherited, mineral/oil/gas rights in Ok, 10-19N-23W, 15 acre,in Ellis county, OK. I currently ... A: Glad I could help out Kelley. Oil and gas are classified as "depleting assets" because they are a ... | |
| Ellis County, OK O&G Rights Question | 7/8/2011 |
| Q: I inherited, mineral/oil/gas rights in Ok, 10-19N-23W, 15 acre,in Ellis county, OK. I currently ... A: In theory that will eventually be true, however knowing WHEN a field will be finally depleted is ... | |
| Ellis County, OK O&G Rights Question | 7/8/2011 |
| Q: I inherited, mineral/oil/gas rights in Ok, 10-19N-23W, 15 acre,in Ellis county, OK. I currently ... A: $1000/acre lease bonus means the company paid $1000/acre for a three year lease. If you want to ... | |
| Oil and Gas Royalties | 7/8/2011 |
| Q: My wife and I just reviewed a completion report on our horizontal well in Beckham County Oklahoma ... A: Yes, the figures you supplied indicate a good well. A very good well actually. With 20 acres at 3/16 ... | |
| Ellis County, OK O&G Rights Question | 7/7/2011 |
| Q: I inherited, mineral/oil/gas rights in Ok, 10-19N-23W, 15 acre,in Ellis county, OK. I currently ... A: I would think the going rate for leases about the time you leased last year was between $1000 and ... | |
| Oil and Gas Lease in Logan County | 7/7/2011 |
| Q: A land company acquiring Oil and Gas Leases has offered two terms for my property in Section ... A: $125/acre and 3/16 has been paid a lot in this township, but if you own more than ten acres or so ... | |
| Mineral Rights Offer | 7/6/2011 |
| Q: I have a question regarding mineral acquisition. I have mineral rights to 80 acres in Canadian ... A: While it's true that you can negotiate with a potential buyer to some degree, $4000/acre is not a ... | |
| Oil/Gas Lease | 7/6/2011 |
| Q: Can a lease that has produced oil but with has no producible natural gas, be classified as a shut-in ... A: It's more common for gas wells to be shut in, but oil wells can also be shut in temporarily for ... | |
| Mineral Rights (Oil / Gas) in North Dakota | 7/5/2011 |
| Q: I have reserved mineral rights on properties within the city limites of Williston and Watford City ... A: Yes, it's probable that if a profit could be made that an oil company would attempt to obtain ... | |
| Canadian Co. OK Lease | 7/4/2011 |
| Q: We have an offer to buy a three year lease of mineral rights on 40 acres in Canadian Co. OK, Section ... A: They're reasonable, considering there is hardly any leasing activity in that immediate area ... | |
| Payne County Ok | 7/4/2011 |
| Q: Has there been a well drilled in Sec 32-18N-4E during the last year? I leased acreage there but ... A: No drilling yet, but the SE/4 of Section 32 was force-pooled in 2010 for $150/acre and 3/16 royalty; ... | |
| Top Lease | 6/23/2011 |
| Q: North Dakota.The oil Co. I have a lease with has started drilling. Does this mean I cannot top lease ... A: If you are near the end of your lease, no one will want to top lease you until it is determined the ... | |
| Oil and Gas Lease | 6/22/2011 |
| Q: If you signed a 3 year lease in Desoto Parish, LA and the well starts producing prior to the end of ... A: If the lessee begins drilling a well prior to your lease expiration, and it proves productive, the ... | |
| drilling history on a piece of inherited property | 6/21/2011 |
| Q: I got a phone call last spring from a man offering to buy mineral rights I had inherited. I was ... A: There is currently no producing well that includes mineral owners in the E/2 of the NE/4 of Section ... | |
| Expired Lease in Caddo County | 6/13/2011 |
| Q: My parents has a family life estate lease in Caddo county (Sec. 30, Township 6N, Range 12w. They ... A: It's likely you would have been contacted already if anyone was interested in leasing this right ... | |
| Selling mineral rights | 6/12/2011 |
| Q: My family owns approx. 30 acres of mineral rights in Section 3 T20N R3E Payne County Oklahoma. A ... A: There is some drilling activity in the general area, but nothing real close to you actually. The ... | |
| Oil/Gas Royalties | 6/12/2011 |
| Q: I own 20 net mineral acres in Beckham County, Oklahoma.Recently (this year), Apache spudded an ... A: The well was "spud" on February 12, 2011. Likely they had "commenced operations for drilling" prior ... | |
| Oil & Gas Lease in Alfalfa Co. | 6/11/2011 |
| Q: My siblings and I own half the mineral rights for Alfalfa Co. section 1-25N-12W. We've been offered ... A: I wasn't aware anyone but Chesapeake was leasing in that immediate area. RK Pinson has bought a ... | |
| Gas royalty payments | 6/10/2011 |
| Q: We own the mineral rights on 22 acre in Pittsburgh county, McAlester, OK Continental Drilled about ... A: The well started producing in July of 2010, and has produced at least 600,000,000 cubic feet of gas ... | |
| Oil and Gas Value for Estate Purposes | 6/6/2011 |
| Q: My parents, one who is recently deceased have several producing oil and gas leases in Stephens ... A: I would talk to an accountant first. I think IRS has a formula they use to evaluate producing ... | |
| SECTION 13 TOWNSHIP 16 NORTH RANGE 22WEST OF THE IM ROGER MILLS COUNTY, OKLAHOMA | 6/4/2011 |
| Q: I EVIDENTLY JUST INHERITED THE MINERAL RIGHTS TO LAND LOCATED IN SECTION 33 TOWNSHIP 16 NORTH RANGE ... A: Depends on your needs as to whether leasing or selling is the better option. Selling would get you ... | |
| lease offer | 6/2/2011 |
| Q: I had a company offer to lease my 2 acres of land for $500.00 per acre with 1/5 royalty in ... A: I'm not that familiar with Nacogdoches County lease bonus amounts so can't tell you for sure if it's ... | |
| Latimer County OK | 6/2/2011 |
| Q: Its been a year since I asked a question. Thanks for the past replies...I have mineral rights to ... A: It's pretty dead in that area currently. Some recent permitting activity to the west in 5N-20E and a ... | |
| OIL/GAS LEASE | 6/1/2011 |
| Q: I OWN 103 ACRES OF MINERALS IN CLAY COUNTY TEXAS WEST OF DEERCREEK. I'VE BEEN APPROACHED BY A ... A: You could just offer to lease to them for ONE year and thus avoid the problem. Tell them you will be ... | |
| Well Production | 6/1/2011 |
| Q: I have enjoyed reading your posts, and have learned a great deal. My family has a interest in a ... A: The OCC is the best place to find free information on production, drilling, permits, etc. and is ... | |
| Mineral Rights in Beaver County | 5/23/2011 |
| Q: We inherited mineral rights in Beaver County. One 60 acres we have mineral rights has a producting ... A: FirstThe lease will not expire until the well (or a future well completed while this one is still ... | |
| Fair Lease | 5/23/2011 |
| Q: First off thank you for your time and expertise. We bought our house as a foreclosure in Mansfield ... A: Likely the $17,000/acre bonus amounts are at least a couple of years old. You cannot expect to get ... | |
| Payne County Oklahoma Lease Activity | 5/20/2011 |
| Q: My brothers and sisters and I recently inherited a mineral lease in Payne County 9-20N-02E. My ... A: I'd shoot for $250/acre, 3/16 royalty, and nix the two-year extension. They may go for that, they ... | |
| Fair Price for an offer in Caddo County | 5/7/2011 |
| Q: Mick - My mother owns some mineral estate located on 5 acres in the Southwest Quarter (SW 1/4) of ... A: $1500/acre is better than others in that township have been receiving. If however the offer is $1500 ... | |
| mineral rights offer, is it enough. | 5/6/2011 |
| Q: I own 38.4 acres of land in White county Arkansas. I have an offer of 2000 dollars per acre for my ... A: Not a bad offer based on current production from that well of about 4000 mcf of gas per month. Note ... | |
| Mineral Rights - Fair Offer | 5/4/2011 |
| Q: Mick, Thanks for answering the question. As a novice in this leasing process I need a little ... A: Chesapeake is doing a lot of leasing in this area currently. Capital Land Services is as well. They ... | |
| oil mineral rights | 5/4/2011 |
| Q: Mr. Scott, My grandparents owned 80 acres, with the oil and mineral rights, at there death,one ... A: I'm sorry for your loss. If your father's will had a "residual clause" in it then the minerals would ... | |
| Oil & Gas Lease offer | 5/3/2011 |
| Q: We have been offered a lease on land in Pawnee county OK (Section 29, Township 22N, Range 7E, ... A: The "$10" thing is standard fare on most leases and deeds so don't worry about that. They should ... | |
| Ongoing oil lease | 5/3/2011 |
| Q: Our family signed a lease with oil companies over 15 years ago. We have 3 oil wells in Lee County ... A: A lease, if production is found during its primary term, will be extended for as long as the ... | |
| Unit Size of Gas Well | 5/2/2011 |
| Q: I originally had a royalty interest in a Gas Well. The well stopped producing and no shut in ... A: You'd need to contact your state's oil and gas regulatory body to see about getting "proof" of the ... | |
| Selling Mineral Rights | 5/2/2011 |
| Q: I own mineral rights in Beckham County Ok, Section 30 - 11N -26W. S&M Energy has current lease. ... A: SM Energy completed a well three miles E/SE of you in section 34 in 2010. It was nothing spectacular ... | |
| Payne County Oklahoma Lease 20-18N-3E | 5/1/2011 |
| Q: I own 5 acres of mineral interest in the E/2 SE/4 of the above. The offer is $175 per acre, 3/16, 3 ... A: Based on recent offers submitted to me by other mineral owners in the area I'd say that's a bit more ... | |
| Oil Gas Lease | 4/30/2011 |
| Q: We really were not hold outs but waited too long to respond to a lease offer in the Barnett Shale ... A: Unless you are in the drillsite tract (i.e. you own in the tract they plan to put the rig on) you ... | |
| What happens if potential Lessee gets my net acres wrong? | 4/30/2011 |
| Q: A company has made me a proposal for an oil and gas lease for 3yrs for property I am part owner in. ... A: In most states, except perhaps Kansas (which has no forced-pooling,) a company can drill a well that ... | |
| Unit Size of Gas Well | 4/29/2011 |
| Q: I originally had a royalty interest in a Gas Well. The well stopped producing and no shut in ... A: If the unit size was reduced and no longer includes your property, then you are not entitled to any ... | |
| Bank Draft | 4/28/2011 |
| Q: A bank draft was offered for an agreed upon bonus payment for a lease of my rights in Logan County ... A: Most lessees want you to mail the signed lease back to THEM, and put only the DRAFT through your ... | |
| Overriding Royalty Interest | 4/28/2011 |
| Q: I was granted an ORRI in property in Beckham County, Oklahoma, back in 1981, which I had forgotten ... A: You can check with the Oklahoma Corporation Commission, or check their web site at ... | |
| Canadian County, OK Drilling Application | 4/27/2011 |
| Q: i am an owner of mineral rights in sec 35 township 13 north range 9 west canadian county ok. have ... A: Shale wells tend to decline fairly rapidly in their first couple of years (as much as 70%,) and then ... | |
| Canadian County, OK Drilling Application | 4/26/2011 |
| Q: i am an owner of mineral rights in sec 35 township 13 north range 9 west canadian county ok. have ... A: There is no drilling in section 35 yet, but I'd say there's a good chance there will be before your ... | |
| Property Status/Royalty payments | 4/7/2011 |
| Q: I own mineral rights under certain properties which have been sold to different operators over the ... A: The CO Brown #1 is the only well producing in the SW/4 of the section. It's operated by a guy named ... | |
| Gross vs. Net Acres on Lease? | 4/6/2011 |
| Q: My sisters and I signed a 3 year lease w/a landman, five of us with 12 acre mineral interest each, ... A: The 160 acres are the "gross acres" in the tract they leased. Your 60 "net acres" are not listed on ... | |
| oil&gas lease | 4/6/2011 |
| Q: When a oil an gas lease is negotiated does it usually specify as to how deep the finished well will ... A: The drilling permit issued by the state will actually determine how deep each well can be, but you ... | |
| doing separate leases for shallow (oil), deep (oil) and natural gas | 4/5/2011 |
| Q: We currently own 150+ acres on the Beaver county/Allegheny county line in western Pennsylvania. ... A: It's not uncommon to ask for a "depth clause" or even lease only specific formations, either method ... | |
| existing gas line rights | 4/5/2011 |
| Q: I have recently purchased some land in Corry, PA (Wayne Township) there is an existing gas line that ... A: It's likely SOMEONE gave them a right-of-way (ROW) across this land, and if not the former owner, ... | |
| Lease to expire soon | 4/4/2011 |
| Q: My siblings and I have mineral interests in 7-15N-6W, Kingfisher County, OK. We signed a three year ... A: If Chesapeake wants to renew or extend your lease, they know where to find you. If they don't ... | |
| Royalty Payments | 3/30/2011 |
| Q: My family owns land in Desoto Parish Louisianna, T14N-R15W Section 33 West Half of Southwest Quater ... A: The operator of the well, or eventually the state's unclaimed property fund is who holds suspended ... | |
| mineral leasing | 3/24/2011 |
| Q: Mineral InterestI have been ask to lease my interest in 100 acres to an oil comapany. Is this a fair ... A: Basic truisms for leasing are the more activity there is in an area, the more competition there will ... | |
| Lease in Roger Mills County | 3/23/2011 |
| Q: My lease expired in March for 160 acres in Sec 3-13N-23W. What companies are leasing in that area ... A: The major lessees in this immediate area are Chesapeake Energy, Mewbourne Oil Company, and Sandollar ... | |
| About net and gross acres clarification | 3/23/2011 |
| Q: Good Morning, I have followed some discussion on the matter of gross acres and net acres, as I am a ... A: 1. Seismic surveys are usually done and then evaluated by a geologist or petroleum engineer to ... | |
| Oil & Gas Lease Love County Oklahom | 3/22/2011 |
| Q: Mr. Scott, I recently a mineral rights lease proposal on my 3/4 undivided mineral interest on 79 ... A: Summit Resources, Inc. seems to be the major lessee in this township, which basically means they ... | |
| Lease Offer - Washita County | 3/21/2011 |
| Q: Mr. Scott, I have enjoyed reading yours and other responses on this site to people's questions ... A: Chesapeake has been doing a lot of leasing in 9N-14W, with the most recent being in sections 3, 25, ... | |
| Bonus Payment | 3/18/2011 |
| Q: Would you happen to know what the going rate for a lease bonus in McClain Co., OK, Section 23-7N-4W ... A: Offer is not too far off base, but I'd still shoot for $150. If you can get it, go for it, if not, ... | |
| Payne County, OK | 3/17/2011 |
| Q: 1st I want to tell you how much you helped me concerning a Royalty interest my family had in the ... A: $125/acre, 3 years, and 3/16 (and less) is about the going rate in your part of Payne County ... | |
| Mineral Rights purchase offer | 3/16/2011 |
| Q: Mr.Scott, My parents have mineral rights in Section 32 11n 26w of Beckham County. Of the two wells ... A: No current permits for this section, though Chesapeake is drilling a well in section 28 as we speak, ... | |
| funds in suspense | 3/16/2011 |
| Q: You recently helped me find an attorney to help start the procedure of clearing the cloud on ... A: Below is all the production info I have for the Stan 1-5H well in 2010. All numbers are in mmcf ... | |
| Payne County, Oklahoma | 3/15/2011 |
| Q: My family has leased 40 acres in Sec 14 T19N R3E in Payne County Oklahoma ($150/acre and 3/16 ... A: Interested in drilling and interested in leasing are two different animals. Just because two ... | |
| Offer to lease in Woods Co. | 3/15/2011 |
| Q: We recently received an offer of $500 per acre and 3/16 royalty to renew a lease for three years for ... A: The lack of activity around there leads me to believe that this may well be the best offer you can ... | |
| lease bonus | 3/14/2011 |
| Q: this concerns sec.6 23-23 in Ellis co. ok. i have been offered 250.00 an acre with 3/16 royalty for ... A: I'd say it's a fair offer, as long as the lease is for no more than three years (including any ... | |
| value of funds in suspense | 3/14/2011 |
| Q: I have Funds in suspense for the following well, tED 1-5h,located in Hughes county OK, section 5 5N ... A: The Ted well may be shut in, or it could also be that the Corporation Commission's website has not ... | |
| OK Mineral Deed Automatic Term Limit? | 2/23/2011 |
| Q: Does a Mineral Deed have term limits in the State of Oklahoma if there are no limits specified in ... A: In Oklahoma a mineral deed is "perpetual" (no time limit) unless otherwise noted on the deed itself. ... | |
| old mineral deeds | 2/23/2011 |
| Q: Mick, After my dad had a stroke, my 2 siblings and I found 4 old mineral deeds in his safety-deposit ... A: One thing I'd recommend doing is confirming he didn't later sell these interests. With deeds that ... | |
| How to contact current operator of well | 2/21/2011 |
| Q: i was receiving a payment for lease in grady ok i moved and company sold how do i find out who to ... A: You can call the Oklahoma Corporation Commission's "owner assistance hotline" and give them the ... | |
| Value of Interests | 2/20/2011 |
| Q: I have just a few acres in Creek County,OK in SE/4 SW/4 and S/2 NE/4 13-16N-9E; W/2 NW/4 6-17N-10E; ... A: I've attached a map showing leasing activity in Creek County over the past six months The map is ... | |
| Oil & Gas Lease, Payne County, OK | 2/11/2011 |
| Q: I am receipt of a Paid-Up Oil & Gas Lease, with Red Fork (USA) Investments, for 22.4 acres of ... A: 20N-4E is actually one of the "dead zones" in the area currently. There are current drilling permits ... | |
| Possibility of producing well. | 2/10/2011 |
| Q: Scott, I have an ailing father who owns I believe a quarter section of land in Tillman CO, OK. This ... A: Not a good area currently. Attached is a map (used with permission) showing drilling permits issues ... | |
| Alfalfa County, OK Intent to Drill | 2/9/2011 |
| Q: 23-28N-12W was put in the paper as intent to drill on Jan 26, 2011 (Sandridge). My family owns an ... A: No rig has been moved on location yet that I can tell, though Sandridge is drilling a well currently ... | |
| mineral rights lease in Ellis county, OK | 2/8/2011 |
| Q: We have about 84 mineral acres in 20-19N-26W in Ellis county, OK that is about to go up for a new 3 ... A: $1000/acre is on the high end of "average" in this PART of 19N-26W. You might get more, but I've ... | |
| lease ratification | 2/8/2011 |
| Q: 6 years ago I leased a small interest in Yoakum Co. for 3 years. The operator established marginal ... A: You need to show the lease to an oil and gas attorney who can actually see the cessation language ... | |
| Stephens County Oklahoma | 2/7/2011 |
| Q: I own 6.66 n.m.a Sec.17/2N/4W Stephens Cty., Okla. leased to Continental Resources with 7 months ... A: The fact that you are receiving offers to lease prior to your current lease's expiration is a good ... | |
| A little help needed | 2/6/2011 |
| Q: About one year ago I leased 10 acres in Ellis County (7-18n-25w) for 3 years at 3/16. For what it's ... A: I checked, and no permits have been filed to drill a well there yet. The Oklahoma Corporation ... | |
| Possibility of producing well. | 2/5/2011 |
| Q: Scott, I have an ailing father who owns I believe a quarter section of land in Tillman CO, OK. This ... A: Since you didn't provide a legal description of your dad's property I can't check the surrounding ... | |
| Oil and Gas Lease Offer, Creek County, OK | 2/4/2011 |
| Q: A company acquiring leases has presented two offers for my property in Creek County at NE/4 SE/4 of ... A: You're not going to do much better than these offers in this area, maybe a little though. I'd work ... | |
| Blaine County-oil & gas | 2/4/2011 |
| Q: Mr. Scott My family has 40 acres of mineral rights in Blaine County, Ok. Section 4, Twp 14N, Range ... A: Your minerals are in one of the more active areas of Blaine County. I've attached a map showing the ... | |
| Riparian rights | 2/3/2011 |
| Q: Is it usual and customary for lessors to only pay the lease bonus for riparian rights when the title ... A: Courts and commentators have almost uniformly held that unsevered mineral estates are susceptible to ... | |
| How to find out if someone sold their mineral rights | 2/3/2011 |
| Q: How do I find out if my aunt who has recently passed away sold her gas lease royalties in Pittsburg ... A: You would need to go to the Pittsburg County Clerk's office in the courthouse and search through the ... | |
| Reveiwing a Lease Contract | 1/13/2011 |
| Q: Do you review lease contracts or can you refer me to someone around the Stillwater, OK area that ... A: I occasionally review lease contracts for people, but am not an attorney of course so you'd only be ... | |
| Doohig | 1/12/2011 |
| Q: Does Doohig only apply to Warranty Deeds? What about a mineral deed with a Warranty Clause? A: Duhig applies to warranty deeds, special (partial) warranty deeds, and mineral deeds that warrant ... | |
| Mineral Rights Leasing in Love County, OK | 1/11/2011 |
| Q: My husband owns mineral rights to 103.4666 acres in SE/4 Section 7-7S-2W in Love County, OK. We ... A: These offers are just a tad low for the immediate area, but are not off by much. I'd counter with ... | |
| leasing minerals in Atoka County? | 1/10/2011 |
| Q: I just completed probate on my father's estate and will be obtaining a deed for 7.5 acres of ... A: If you lease for three years, and they commence a producing well within that time, then you will ... | |
| Mineral rights | 1/7/2011 |
| Q: I own a parcel of land in Beaver County Pa. What must I do to find out if I own the mineral rights ... A: I've written an article that will help you determine how to go about finding what mineral you own, ... | |
| Grady County, OK - Purchase offer for mineral rightrs | 1/7/2011 |
| Q: I have approximately 1.5 acres of mineral rights in Grady County, Section 19-4N-5W. I received a ... A: Most of the current permitting activity in the county is a few miles north, and northeast of your ... | |
| Alfalfa County, OK Lease Offer | 1/5/2011 |
| Q: NW/4 section 13-26 North-09 West, Alfalfa County, Oklahoma Superior Resources (and Chesapeake ... A: Prior to this current round of leasing by Chesapeake, the section hadn't been leased since 2008. ... | |
| Oil and Gas Leases | 1/4/2011 |
| Q: My father passed away recently and as trustee of his estate I need some help to assess his possible ... A: There are approximately 70 currently producing gas wells within the sections you mentioned above, ... | |
| offer to buy mineral lease, Carter County, OK | 1/3/2011 |
| Q: I'm trying to determine if the offer of $900/acre to purchase the rights I hold on 53 acres is a ... A: To research offers to buy mineral rights in any state it is best to have a thorough knowledge of the ... | |
| Unpaid for production in a section? | 1/3/2011 |
| Q: my family have minarel rates to section 10 17n 13w in blaine county oklahoma.we were payed royaltys ... A: There are only two currently producing wells in that section, and only one covers the entire ... | |
| landowner % compensation | 1/2/2011 |
| Q: My father, a landowner in the Oklahoma panhandle, recently passed away and his heirs (myself, ... A: I'm going to assume your father owned the mineral rights this well is producing from, rather than ... | |
| kiowa county oklahoma | 12/15/2010 |
| Q: I have minerals in Kiowa county Oklahoma Sec 28-5N-16W. Two years ago we got an offer of $800 ac to ... A: I own some minerals in Kiowa County also. They are NW of yours, in 7N-19W. I've also been waiting ... | |
| Canadian County Oklahoma | 12/14/2010 |
| Q: I have heard rumors that Canadian County is exploding again. My family has 20 acres of mineral ... A: My guess would be about $1000/acre and 3/16 royalty for a three-year lease in this area. I've ... | |
| information for inherited min rights | 12/12/2010 |
| Q: I have inherited mineral rights to 20 acres in Roger Mills County but have no idea what has been ... A: The immediate area does have production, but all are very small wells. Your section has no ... | |
| Lease Offer in Pawnee Co, OK | 12/10/2010 |
| Q: Mr. Scott, Most recently my wife and I received a phone call from Frontier Land offering an oil and ... A: Your minerals are located in one of the few areas of the county where there have been producing ... | |
| Oil & Gas Lease | 12/9/2010 |
| Q: I received in the mail yesterday a lease for oil and gas exploration in Section 20, Township 16 S, ... A: Not much going on in the county unfortunately, which explains why the lease offer wasn't so great. ... | |
| lease offer | 12/8/2010 |
| Q: My Grandmother's estate is in the process of being settled. Heirs are myself, my brother and my ... A: There are currently a few rigs actually drilling within a couple of miles of your sections 30 and ... | |
| Is Recording Deeds Required? | 12/7/2010 |
| Q: Please advise if the title to mineral rights has to be recorded with the county recorder by the ... A: Deeds do not "have" to be recorded in order to be valid, but it is highly advisable, as recording ... | |
| Unleased Mineral Owner's Rights in Texas | 12/7/2010 |
| Q: My wife has a contract that she has not signed or negotiated on yet. Contract is with O'Brien ... A: If it were me I'd ask for at least double the original bonus for any extensions they want. I usually ... | |
| Fair gas rights purchase offer? | 12/6/2010 |
| Q: Scott: I have received an unsolicited offer for my gas rights from an investment company. The ... A: Hard to say if that's a fair offer or not. You didn't provide a legal description for one thing so I ... | |
| Oklahoma Drilling W/O Pooling? | 12/5/2010 |
| Q: I own minerls in 27 16n 14w in Dewey county ok.Can they start drilling without a pooling order.I ... A: No, they cannot drill without a pooling order if there remain unleased mineral owners in the unit. ... | |
| Unleased Mineral Owner in Producing Texas Unit | 12/4/2010 |
| Q: We have recently discovered that an aunt was left out of a natural gas unit in Texas. She owns at ... A: Unless the well was drilled ON her tract, they could initially have left her out of the unit if ... | |
| oil pooling and royalties | 12/3/2010 |
| Q: My family ownes Surface and mineral rights in Section 22,Township 11 North, Range 62 West in Weld ... A: The permit is for the Garden Creek 15-22H well. It is permitted to 12,410 feet and the spacing unit ... | |
| Abandoned Drilling Pad? | 12/3/2010 |
| Q: Mr Fredrick...once again I am in need of your expertise. The gas company came in about 1yr and 7 ... A: It's your land of course, but if their lease has not expired I'd be careful about doing anything. ... | |
| Eddy County NM Lease Expired | 12/2/2010 |
| Q: I leased to a company who has let the lease expire and they wanted a short extension to drill a new ... A: If your lease actually expired and they want an extension it indicates they still plan to drill a ... | |
| Offer to purchase minerals | 12/2/2010 |
| Q: Recently recieved an offer to purchase minerals in Beckham County, Oklahoma. The offer was $4,000 ... A: I live in Beckham County, and am pretty familiar with the goings on in this part of western ... | |
| Duhig law | 12/1/2010 |
| Q: What states have upheld the Duhig law where it would apply in determining percentage of ownership ... A: At least a few states have adopted or employ the Duhig Rule, including Alabama, Arkansas, Colorado, ... | |
| Terry County, TX Lease Offer | 11/30/2010 |
| Q: All of the Southeast Quarter (SE/4) lying south and west of State Highway 137,being 157.0 acres, ... A: The fact that you own 1/2 instead of 1/4 does not really change the advice I gave you, it just ... | |
| Drilling Activity in Washita Cnty, OK | 11/29/2010 |
| Q: I'm looking at quite a few answers given pertaining to specific activity/information as it relates ... A: There are various sources on the Internet that provide oil and gas production, permitting, and ... | |
| Seismic compensation | 11/28/2010 |
| Q: Montague county landowner/no mineral rights. . What compensation can I request for seismic ... A: $10 to $15 per acre is a common amount in many areas, though $25 is not uncommon in "hotter" areas. ... | |
| Notice of Hearing | 11/23/2010 |
| Q: I have received a Notice of Hearing from the applicant: Charter Oak Production Co.,LLC; for: Relief ... A: Charter Oak, or one of their partners, is probably going to drill a well in section 6 within the ... | |
| fair offer? | 11/21/2010 |
| Q: We have 25 acres of mineral rights Custer County, OK 33-13N-18W and have received an offer from ... A: Bearcat is a "land company" and they are probably leasing for either Chesapeake or Unit Petroleum. I ... | |
| Terry County, TX Lease Offer | 11/19/2010 |
| Q: All of the Southeast Quarter (SE/4) lying south and west of State Highway 137,being 157.0 acres, ... A: Not too much going on in Terry County as compared to other Texas counties. This indicates to me ... | |
| Fair Lease Offer in Blaine County, OK? | 11/10/2010 |
| Q: sec 24 township 14n range 13 w Blaine co ok $700 per net mineral acre, 3/16ths, 3 year lease i own ... A: $700/acre, 3-years, and 3/16 isn't bad for this area. The section next to yours was force-pooled for ... | |
| Oil lease offer | 11/10/2010 |
| Q: I own 20 acres in N/2 Section 5-18N-3W of Logan County. Is an offer of $100 per acre, 3/16 royalty, ... A: Most of the recent wells drilled in this county have been fairly shallow, and thus bonus amounts for ... | |
| minerals | 11/9/2010 |
| Q: My relative died 20 yrs ago he left a will stating he owned minerals in Palmer Tx. Where do we go to ... A: The records showing ownership of your relative's minerals in Palmer, TX would be in the county ... | |
| Oil Lease | 11/9/2010 |
| Q: Gross acres: 101.948, Net Mineral 19.461, Simon Gonzales Survey, Woods County,Texas. I own the net ... A: It's very difficult to force-pool someone in Texas, though they can more easily drill around you and ... | |
| Lien Holder vs. Oil and Gas Lease | 11/8/2010 |
| Q: If you have a lien on your property can the lien holder hold the check you receive from the oil ... A: Likely not, unless the lien freezes your bank account or something, but you will not be able to sell ... | |
| royalty payments | 11/8/2010 |
| Q: Mr. Scott, thank you. I and 5 heirs have interests in Texas. One well drilled in 2007 has been ... A: It's likely the company that has paid you very little or none is a smaller working interest owner in ... | |
| Roger Mills County, OK | 11/7/2010 |
| Q: i have a mineral interest in se nw, sw ne, nw se, ne sw 3-16n-25w in roger mills, Ok. i have been ... A: As I usually tell people, there's often a reason someone contacts you out of the blue to buy your ... | |
| How to Interpret Division Order Figures | 11/7/2010 |
| Q: Recieved division order form chesapeake. Wondering if you can explain it to me. I am in section ... A: It appears they put all those numbers in there to show you how they arrived at your decimal interest ... | |
| Gas and oil mineral intrest | 11/5/2010 |
| Q: I received a letter from a company wanting to purchase rights. I have no clue as to what it is ... A: Before you consider selling I'd suggest you find out how many acres of mineral rights you have to ... | |
| Oil/Gas Lease Offer | 11/4/2010 |
| Q: We have been offered a lease on 40 acres we own in Pawnee County, OK (SEC. 34-21N-04E) for ... A: This is pretty much a "new" area as far as leasing goes as this section hasn't been leased in the ... | |
| has my gas lease expired and can i lease to someone else | 11/4/2010 |
| Q: I signed a gas lease on Aug 8,2005 for 5 years. May 2009 they put a road in and a pond and marked ... A: If there really is no well there, and they've done nothing for 180 days, then you may want to ask ... | |
| Suggested Costs for Pipeline & Right of Way | 11/3/2010 |
| Q: We have been approached by a company in Arkansas to place an underground natural gas line on our ... A: Yes, but it's not as good as 25 feet, or as bad as 100 feet. 50 is fairly common, though as I said ... | |
| Pottawatomie County OK Lease Offer | 11/3/2010 |
| Q: I received a lease offer for Section 2-T05N-R02E in Pottawatomie County, OK. I was offered 3/16 ... A: I'd say $50 is about right. There's not much going on here really. I've attached a map of the ... | |
| implied clause to release lease | 11/2/2010 |
| Q: There is increased activity in western oklahoma in leasing and drilling near the Dewey, Custer, ... A: Yup, I guess I was confused. I agree it complicates things being as both wells will have the same ... | |
| Why No Lease Offers? | 11/2/2010 |
| Q: I own-114 ac.J M Servantes survey A 5, 120 ac D McGraw survey A422, 100% on both in wood county. I ... A: No one is leasing in your immediate area currently (I checked,) which is why you haven't been ... | |
| Suggested Costs for Pipeline & Right of Way | 11/2/2010 |
| Q: We have been approached by a company in Arkansas to place an underground natural gas line on our ... A: I'd ask for $10, which is the going rate in many places; and yes, the contracts are negotiable so ... | |
| mineral rights | 11/1/2010 |
| Q: I,ve been waiting to speake to you as you seem to be specific to the area in question. I found a ... A: There was a horizontal (slanted) well drilled in Section 16 called the Anthony 1-9H whose bottom ... | |
| implied clause to release lease | 11/1/2010 |
| Q: There is increased activity in western oklahoma in leasing and drilling near the Dewey, Custer, ... A: Sounds like a good plan actually. No spin needed. You can probably find examples of such a letter ... | |
| mineral interest value and relief sought:: spacing | 10/22/2010 |
| Q: This past week I received an offer to buy ($400 A) my mothers mineral interest, Section 29-T22N-R3E ... A: There's usually a reason mineral owners receive unsolicited offers to buy their minerals. Your mom ... | |
| OIL & GAS LEASIN | 10/20/2010 |
| Q: Scott: Triad Land Services, LLC wants to lease ALL minerals in Townships 17,18,19,and 20 in Columbia ... A: In Arkansas, the mineral rights are dominant over the surface rights. This means that the surface ... | |
| Oil/Gas lease Blaine County | 10/19/2010 |
| Q: I have received a lease offer for 6.6 acres of mineral rights that I own. The property is ... A: $1000/acre sounds like a pretty good offer to me for this township really. There has been leasing ... | |
| Selling Mineral Rights | 10/18/2010 |
| Q: I have inherited mineral rights down through the years. I currently own 47.44875 of 126.53 acres. ... A: You did not include the "range" (i.e. 26W) so I cannot locate the property. I will need that to ... | |
| Info on New Well in Roger Mills County, Oklahoma | 10/17/2010 |
| Q: It looks like there is a new gas well in Roger Mills County, OK: Sec 19, 16N, 21W. Is there any ... A: It was permitted to Chesapeake in July to 13,500 feet deep. It was spud on July 29. No completion ... | |
| Rights to royalties in a divorce | 10/2/2010 |
| Q: My husband & I signed an oil and gas lease on the property we lived on, but that he alone had title ... A: I'd say it depends on whether you live in a community property state or not, and whether he owned ... | |
| A fair [price for mineral rights 0 Dewey Co OK | 10/1/2010 |
| Q: My mother owns an undivided half interest in the mineral rights on 320 acres in Dewey County OK - ... A: There are recent "location exception" and "spacing" orders for section 18, which indicates a well ... | |
| Question about Division Order for West Texas O&G wells | 9/29/2010 |
| Q: I certainly appreciate your help with this question. My family owns 100% minerals in our farm, and ... A: In Texas, as long as the division order complies with state law, the lessee can require it be signed ... | |
| Securing Loan with Royalty Income | 9/28/2010 |
| Q: I have applied for a home mortgage loan. My bank wants me to secure letters from my royalty payors ... A: I've not personally experienced such a request, but it does seem reasonable since royalty is the ... | |
| Is this a fair offer? | 9/27/2010 |
| Q: Is this a fair offer? This applies to ~12 net mineral acres. Mineral Lease –Blaine County, Oklahoma ... A: Not that familiar with lease offers in that area (I can't be an expert everywhere unfortunately) but ... | |
| Forced Pooling | 9/27/2010 |
| Q: We have about 1/2 of the mineral interest in a drilling unit (640 acres) in SE Oklahoma. It was ... A: It's likely not a threat, but a reality. If they can't reach an agreement with you, but can convince ... | |
| oil and gas lease | 9/25/2010 |
| Q: my five year lease has expired..but 120 days ago they put pads and a road in. does the 180 day thing ... A: Leases have been "extended" past their expiration by courts by as much as three years in some cases. ... | |
| Mineral Rights Value | 9/24/2010 |
| Q: My family has mineral rights located in Seminole County OK with the following desription (E1/2 SW1/4 ... A: I'd guess about $500/acre tops for that area, but that's just a (somewhat educated) guess. You'd ... | |
| oil and gas lease | 9/23/2010 |
| Q: my five year lease has expired..but 120 days ago they put pads and a road in. does the 180 day thing ... A: In most cases, building a road and putting pads in will hold a lease for a "reasonable time" beyond ... | |
| Mineral Rights | 9/22/2010 |
| Q: I am considering selling my mineral rights and would like to know what is the going rate for sales ... A: I'm not sure of the exact prices for that area as far as sales go, but DeSoto Parish is definitively ... | |
| gas lease $ per acre | 9/22/2010 |
| Q: I have 10 acres coming up for lease,Sec 30-9N-16W in Washita county oklahoma. I have had several ... A: $1300/acre is not a bad offer for a lease in that area currently, though in some sections $1500/acre ... | |
| Mineral rights | 9/21/2010 |
| Q: The mineral rights were sold many years ago for 1.00 per acre and today they started drilling beside ... A: Mineral rights generally refer to oil and gas, so that's likely what they are drilling for. An oil ... | |
| Follow-up Question Latimer County Okla | 9/20/2010 |
| Q: I have mineral interest in Sec 19 Township 5N Range 22E. Is there any new activity in that area? ... A: Nothing has happened for at least three years in that section, or in the nine surrounding sections. ... | |
| Shut-in clause time limit | 9/19/2010 |
| Q: I've been asked to sign an Oklahoma lease with a shut-in clause that reads "After the expiration of ... A: You could add the clause you suggested if they'll accept it. Generally though a lessee cannot just ... | |
| mineral interest toole county, montana | 9/18/2010 |
| Q: Recently a lease offer was sent to me from A Lawyer to establish an oil and gas lease on two acres ... A: Most of the recent production in Toole County is in the township you mentioned so it's likely there ... | |
| Oil & Gas Lease Coal CountyOklahoma | 9/7/2010 |
| Q: I have been contacted by two different "landmen" one offering $450.00 per acre for a three year ... A: $450 is the going rate in this township currently. You may be able to get a bit more (say $550/acre) ... | |
| Provident Royalties Lease | 9/3/2010 |
| Q: I leased out to provident royalities on a three year lease 2.5 years ago. the company went bankrupt ... A: Provident Royalties was basically an investment scam that got busted by the Feds. You'd have to ... | |
| Divison Order Decimal Interest | 9/3/2010 |
| Q: I own 1 acre of a 277.856 spacing acres. and 25% royalties. I own 100% of minerals. I just received ... A: One acre in a 277.856-acre spacing unit at 25% royalty works out to .0008997. They are paying you ... | |
| Royalty Deed | 9/2/2010 |
| Q: I recently discovered a Royalty Deed dated July,31 1984 on property located in Grant Co.,Ok., ... A: You can check the Oklahoma Corporation Commission's website for production figures for any well in ... | |
| PA Lease offer | 9/1/2010 |
| Q: I have a hunting camp on 3 acres of land in Potter county PA. I have been contacted by a energy ... A: For three acres? Probably not worth contacting a professional. BUT, I would try to check around with ... | |
| Royalty pay out | 8/28/2010 |
| Q: I inherited a small percentage of minerals in Ellis County Oklahoma, Sec 24-21N-26W. The pool ... A: You can check production for any well in Oklahoma by using the Oklahoma Corporation Commission ... | |
| Held by production? | 8/28/2010 |
| Q: My parents' eastern Montana farm, where the Bakken is now heating up, occupies parts of sections 26, ... A: Don't think so. The one well holds ALL the sections unfortunately (since there is no Pugh ... | |
| joining the group if needed?? | 8/27/2010 |
| Q: got a letter from the Oklahoma mineral owner registry asking me to join for28.50 and wondered if ... A: If you know where all your mineral rights are located, and you are fairly sure your contact info is ... | |
| Royalty pay out | 8/25/2010 |
| Q: I inherited a small percentage of minerals in Ellis County Oklahoma, Sec 24-21N-26W. The pool ... A: Not sure what "pool" you're referring to. If you own minerals in section 24, you will share in the ... | |
| Royality Payment | 8/25/2010 |
| Q: What prevents the payment process if a well has been in production for a year? I was told that all ... A: Most states have "timely payment" laws on the books. If the lessee does not pay you within the time ... | |
| Mineral Rights Valuation | 8/24/2010 |
| Q: I was left oil %26%26 mineral rights in Blaine Co Oklahoma. At this point I've been contact by a ... A: There are many factors to consider when determining what is "fair and reasonable" when selling your ... | |
| Held by production? | 8/23/2010 |
| Q: My parents' eastern Montana farm, where the Bakken is now heating up, occupies parts of sections 26, ... A: If there was no statutory Pugh Clause in effect when the 1980 lease to Gulf was signed then sections ... | |
| Shut-in royality for well not drilled | 8/22/2010 |
| Q: On 03/28/07 I signed a lease agreement for oil and gas rights with a term of three years and an ... A: Are you sure it's not a rental payment, or a shut in payment for a different lease, rather than a ... | |
| Leasing land | 8/22/2010 |
| Q: Township 16 South, Range 39 East, NMPM Section 30: NW 80.00 gross acres, 5.00 net acres Lea County, ... A: Perhaps they dug a little deeper into your ownership and found you owned more than they originally ... | |
| Leasing land | 8/21/2010 |
| Q: Township 16 South, Range 39 East, NMPM Section 30: NW 80.00 gross acres, 5.00 net acres Lea County, ... A: A lease is offered by a company to a mineral owner (you) when the company wishes to acquire the ... | |
| Equation on figuring net unit revenue | 8/19/2010 |
| Q: According to the oil production company, i own 28.86212 net mineral acres in McClain county. The ... A: Oil and gas purchasers report the prices and volumes to the Oklahoma Tax Commission. You can file an ... | |
| Existing leases on land just purchased | 8/19/2010 |
| Q: We purchased 18 acres in Dewitt County, TX and received 50% of the mineral rights. There is gas ... A: The county courthouse (clerk's office) would have a record of ALL the leases filed in A-295, past ... | |
| Equation on figuring net unit revenue | 8/18/2010 |
| Q: According to the oil production company, i own 28.86212 net mineral acres in McClain county. The ... A: Your math is correct, though your share would actually be 30.44 barrels, not just 30, based on your ... | |
| Oil & Gas Lease Roger Mills Co. OK | 8/17/2010 |
| Q: I would sincerely appreciate ANY assistance you can provide. My father in law has received paper ... A: This amount of acreage (less than an acre) is hardly worth troubling yourself about really as far as ... | |
| Oil & Gas lease Offer | 8/16/2010 |
| Q: Based on the location of the Mineral rights does the offer of $350 per mineral acre, 3/16th roualty ... A: The highest I've seen paid in the township is $500. Closer to your section however it's been more ... | |
| pipeline lease | 8/15/2010 |
| Q: Location;Cherry twp, Sullivan cty,Pa map #01-082-0041 Currently have O&G lease with Chesapeke and ... A: I'd ask for $10/acre, which is more the "going" rate. I'd also address any access issues, or crop ... | |
| Division Orders Request | 8/15/2010 |
| Q: My wife and I have signed a lease with Chesapeake Energy in April 2010. The lease was signed on a ... A: If you signed a lease, then you should be paid according to the terms of the lease. In my previous ... | |
| oil lease | 8/14/2010 |
| Q: If property and mineral rights are owned by three brothers and one agrees to the lease and bonus ... A: Each sibling can lease his own interest independent of the others unless they own their interest as ... | |
| Division Orders Request | 8/13/2010 |
| Q: My wife and I have signed a lease with Chesapeake Energy in April 2010. The lease was signed on a ... A: I assume you had a depth clause in your previous lease, otherwise they would not need to lease you ... | |
| landman potential earnings in sw pennsylvania | 8/13/2010 |
| Q: What is the earning potential of a marcellus shale landman in sw pa. What opportunities are most ... A: Experienced landmen doing quality work can earn $500 per day in house or more. Field guys who work ... | |
| Oil Royalty in Lease Offer | 8/12/2010 |
| Q: I am currently negotiating an oil/gas lease in Weld Co Colorado. The lease currently outlines the ... A: I'd say it's fair. Colorado also has some of the most royalty owner friendly laws in the country ... | |
| Lease Offer - Roger Mills Co. OK | 8/12/2010 |
| Q: My wife has received two lease offers in the past week on land in Roger Mills County 15N-24W: Offer ... A: If you were a few miles further to the north I'd say these offers are a little low. This is because ... | |
| Naming of wells - eg, Holder 1,2,3 | 7/21/2010 |
| Q: Mick - Did you receive my question about Devon's projected Holder 1-34H and Holder 2,3,4,5 - in ... A: Did not receive your original question I guess. However, wells are often named after the current ... | |
| Sign JOA or not? | 7/20/2010 |
| Q: I own land in Mississippi and years ago my Dad had income from a well drilled nearby. I remember ... A: The JOA also protects you, quite a bit in some cases. I think the only way you could get around ... | |
| Crawford, OK OIl Wells | 7/19/2010 |
| Q: Mick, I hope all is well. My question is regarding production amounts on some of those new ... A: There have been no wells drilled in either township since 2007 that are producing anywhere near that ... | |
| Gas Meter Varies From Check Stub | 7/19/2010 |
| Q: I own the surface and minerals for a gas well drilled near my home. Since it was joined to the ... A: It's quite possible that the remaining amounts will show up within the next couple of checks. It's ... | |
| Offer to purchase mineral rights | 7/17/2010 |
| Q: We just received a notice from an energy group in Denver, Co. offering to purchase our mineral ... A: You should only consider the offer if you're willing to sell. The fact that you are already leased ... | |
| Oil and Gas Lease OK | 7/16/2010 |
| Q: We had a broker, landman call us and send us a contract for an oil company headquartered in OK City. ... A: Companies are not in the habit of suing their lessors for injury or death. It just looks bad. It's ... | |
| Oil Gas & Mineral Lease | 7/15/2010 |
| Q: I own an interest of 5.33000 net mineral acres under a 10.66 acres properties located in Culberson ... A: They don't need your authorization to explore for minerals, though they would prefer it (in the form ... | |
| Oil Gas & Mineral Lease | 7/15/2010 |
| Q: I own an interest of 5.33000 net mineral acres under a 10.66 acres properties located in Culberson ... A: The clause you refer to is known as a "Mother Hubbard Clause" because it "covers" any adjacent land ... | |
| Oil and Gas Lease OK | 7/13/2010 |
| Q: We had a broker, landman call us and send us a contract for an oil company headquartered in OK City. ... A: If you also own the land, which it appears you do, you will have better luck with your request. ... | |
| 3 years of production, still no division order or royalty | 7/12/2010 |
| Q: Oklahoma.. Section 29,2N,11E I signed a lease in late 2006. The well has been producing for nearly ... A: It happens, but it's not that common. The good news is that once they finally DO pay you, you will ... | |
| Purchasing a Mineral Lease in North Dakota | 7/12/2010 |
| Q: Mr. Scott, I am in the process of submitting an offer on a sealed bid basis for a small mineral ... A: Phil, the company you're buying the lease from will "assign" the lease to you if you are the best ... | |
| Mineral Rights and Royalties When Unleased | 7/11/2010 |
| Q: Scott, Thank you for taking the time to address questions on this forum. In 2008, most of the ... A: The landman is correct that the market "tanked" in 2008. MANY people were disappointed and taken by ... | |
| Mother Hubbard Clause | 7/11/2010 |
| Q: I currently have a boilerplate lease with the standard Mother Hubbard clause, it doesn't have my ... A: The intent of a Mother Hubbard clause is not to grab extra minerals from mineral owners that weren't ... | |
| Seismic survey and possible oil lease | 7/10/2010 |
| Q: I recently received a letter from Fulcrum Exploration saying they are planning to conduct a seismic ... A: Susie, as I mentioned on the phone today, $10/acre for seismic is probably about the going rate in ... | |
| Sale of mineral rights | 7/7/2010 |
| Q: we inherited 10 acres of mineral rights, and is currently under lease as of May 2010. We received an ... A: Amy, where exactly are these minerals? $2000 may or may not be a good offer. How much did you lease ... | |
| Late Payment and Division Orders in Texas | 7/7/2010 |
| Q: I have a division order that has not made a royalty payment in over 6 months. (Texas) Is there a ... A: Division orders are not usually received by the mineral owner until a well begins production. A ... | |
| 1 Property Different Legal Description | 7/7/2010 |
| Q: Are these two prperties the same:Prop(1)Beginning at a point in the S.E. line of the Jennie Jack 80 ... A: Those are "metes and bounds" descriptions, rather than the section, township, and range description ... | |
| 5 year lease, $15 an acre, 1/8 oil royalty | 7/6/2010 |
| Q: My sisters and I just inherited 40 acres in Kern County, California: Section 26, Township 30, Range ... A: You are unlikely to find bonus amounts online unless it's from a State lease sale, and those results ... | |
| mineral lease | 7/5/2010 |
| Q: Mr. Scott In a recent answer for my wife and myself, you said our Lincoln Co. minerals were ... A: A lease is usually better as it gives you more control over the terms. Bonus isn't everything. You ... | |
| oklahoma lincoln co minerals | 7/3/2010 |
| Q: Mr Scott My wife and I own mineral rights in Lincoln Co in Oklahoma in the N 1/2 of NE 1/4 ... A: The section was force-pooled in May of this year for $150/acre by CBL Resources. They have also ... | |
| Washita County Minerals Rights Offer | 7/2/2010 |
| Q: My mother's estate included 32 acres of mineral rights in Washita Co (sec. 28-9N-16W). I have been ... A: Chesapeake is doing a lot of drilling in that township, and in fact is currently drilling a well ... | |
| Locating Activity on Inherited Minerals | 7/2/2010 |
| Q: My Grandmother now deceased, had mineral rights in Oklahoma. I have the physical description but ... A: You can visit the Oklahoma Corporation Commission's oil and gas database at: ... | |
| O&G Leasing offer in Lincoln Co., OK | 7/1/2010 |
| Q: I was contacted by phone by an independent contractor working for Continental Land Resources, Edmond ... A: I don't appreciate it when landmen tell mineral owners that if they don't sign "this week", or if ... | |
| Carter County, OK Lease Offer | 7/1/2010 |
| Q: Would you happen to know what the going rate for a lease in Carter County would be in Sec 22-4S-3E ... A: Other mineral owners in Carter County near you have had offers of between $400/acre and $485 per ... | |
| Pittsburg County Oklahoma Pooling Order / Lease | 6/30/2010 |
| Q: I recently inherited some mineral rights in Pittsburg County OK, 07N-16E, Sections 17, 2 & 3. We ... A: The pooling order was for $1100/acre and 3/16 as you know, and gives them one year to commence a ... | |
| Ohio Lease Addendum | 6/29/2010 |
| Q: I live in Ohio..near the Ohio, WV PA border. Approached by landman to sign lease for marcellus ... A: It's actually quite possible that they are behind on their paperwork, hence the delay. If you do ... | |
| Kings County, CA Lease Offer | 6/29/2010 |
| Q: I have inherited mineral rights to 640 acres located in Kings County California, specifically ... A: Brenda, I really don't know much about the current leasing bonus amounts in your area so won't be of ... | |
| carried interest on a proposed well | 6/28/2010 |
| Q: Mr. Scott My sisters and I have a very small mineral interest in 2 existing wells and also in a ... A: It is possible they will keep asking you for "more and more" money, but probably won't be too much ... | |
| mineral lease | 6/27/2010 |
| Q: We were contacted by a Micah Phillips of Continental Land Resources LLC (918)407-1849 for a mineral ... A: Becky, sorry for the delayed response. You didn't include the county in your question so took me a ... | |
| Mineral Rights Purchase Offer Custer Co., OK | 6/26/2010 |
| Q: Scott, I recently received an unsolicited offer to purchase outright my mineral rights in "All of ... A: Often when you receive an unsolicited offer in the mail, it indicates something is "going on" that ... | |
| How did my father's 1/4 interest get to 3/64 interest | 6/26/2010 |
| Q: Recently I found out that a new well had been drilled on property that had several wells that ... A: If you father retained an undivided 1/4 ROYALTY interest, then that interest EXPIRED when the wells ... | |
| carried interest on a proposed well | 6/25/2010 |
| Q: Mr. Scott My sisters and I have a very small mineral interest in 2 existing wells and also in a ... A: I would suggest you buy NARO's "Look Before You Lease" booklet for about twelve bucks. It's ... | |
| The laying out of the pool on horizontal wells | 6/25/2010 |
| Q: We own land in the middle of the Marcellus Shale gas rush in northeastern PA and we are in ... A: Drilling and spacing unit sizes are determined and authorized by the State, and yes, some are bigger ... | |
| Working Interest Liability for Future Wells | 6/24/2010 |
| Q: Mr. Scott, I asked a question earlier regarding interest in Navarro County , Tx. Atoka Operating. ... A: If you are already a working interest owner in the wells, then you should consult the JOA to ... | |
| carried interest on a proposed well | 6/24/2010 |
| Q: Mr. Scott My sisters and I have a very small mineral interest in 2 existing wells and also in a ... A: The attorney is correct in stating that if you choose to be a "carried interest" and go ... | |
| Carter County OK | 6/7/2010 |
| Q: I have received an offer to lease 40 acres in 3S 3E for $400/ac and 1/8th,$300/ac and 3/16ths,or no ... A: $400 per acre and 3/16 (not 1/8) would be a "fair" offer for this township currently, though perhaps ... | |
| Oil and gas lease | 6/7/2010 |
| Q: I recently inherited 13.333333 acres in oil royalties located in Roger Mills county. Township 15 ... A: Yes, that's a good deal these days in that area. If you have time to wait for someone to drill a ... | |
| Webb County, TX Lease or Sell? | 6/6/2010 |
| Q: I currently am in the third year of a three year lease which expires in Feb 2010. Lately I have ... A: Sometimes the first offers you get for a lease or a sale are indeed lowballs. The fact that someone ... | |
| State Bonus vs. Private Bonus | 6/5/2010 |
| Q: Mr. Scott, Since I wrote you last week, I`ve had another offer on our property in Missaukee county ... A: The landmen are partially correct. There is usually not a one-to-one ratio between state bonus ... | |
| Hughes County, OK Suspense Funds | 6/5/2010 |
| Q: I was just contacted yesterday by a staff landman tracing down legal heirs.My father inherited some ... A: I can give you the following information: The "Carr 1-1H" well was completed in December, 2009 in ... | |
| Question on Drilling Activity Latimer Co. | 6/4/2010 |
| Q: I have mineral rights to 1/8th undivided interest in approx 80 acres in Latimer County Oklahoma Sec ... A: No, I'm sorry. I don't know any landmen leasing in the area and as I said, it appears Chesapeake is ... | |
| Mineral rights lease | 6/4/2010 |
| Q: My sister and I inherited mineral rights in Bryan County, OK. S/2 SW/4 Sec. 6 Township 7 South, ... A: You probably own only ten acres within the 80-acre tract stated on your lease, which is why the ... | |
| Mineral Lease rates in McLain and Stephens Counties, Oklahoma | 6/3/2010 |
| Q: We have recently received offers from several different landmen regarding the leasing of 14.66 acres ... A: Unit Petroleum is the "main" lessee I see currently in 4-6N-4W and the surrounding sections, though ... | |
| Question on Drilling Activity Latimer Co. | 6/2/2010 |
| Q: I have mineral rights to 1/8th undivided interest in approx 80 acres in Latimer County Oklahoma Sec ... A: Currently most of the drilling activity is to the north of your minerals, so no, there is not any ... | |
| Roger Mills Leasing? | 6/2/2010 |
| Q: Since you in the area, your best guesstimate on lease price (3/16, 3 yr) in Roger Mills, Sec 22, ... A: This section was leased back in 2006 and 2007. None of the expired 2006 leases appear to have been ... | |
| Leasing mineral rights in AlfalfaCounty in Oklahoma | 6/1/2010 |
| Q: Mick, I know very little about leasing mineral rights. We were just given an offer of $350 an acre ... A: $350 per acre and 3/16 is about the going rate in that area actually, if not a tad better. Sandridge ... | |
| oil and gas attorney-client question | 5/29/2010 |
| Q: My extended family owns a mineral interest. Originally it belonged to my grandmother, who kept it ... A: The attorney probably knows what he is doing, and it's not uncommon in these situations for one ... | |
| How Many Acres does Mom own | 5/29/2010 |
| Q: My great Aunt deeded 40 acres of mineral right to my Grand Father, his wife, and his sister. The ... A: Without seeing the deed, it's hard for me to tell what was conveyed but it appears that the deed ... | |
| Pre-Pooling Agreement | 5/10/2010 |
| Q: I received this Pre-Pooling Agreement the other day, and have never had one before. It is for: ... A: You've received a lease offer it sounds like. I've never heard it called a "pre-pooling" offer but I ... | |
| Lease offer in Carter County, Okl | 5/9/2010 |
| Q: I own the mineral rights to 85.060 acres, more or less, of a portion of Section 31, Township 4 ... A: There are several other companies that have bought leases in the area. Some are "land companies" ... | |
| Oil & Gas lease | 5/1/2010 |
| Q: My father has had 1/3 interest in the mineral rights on property in Toole County Montana. His NMA ... A: You didn't provide a legal description unfortunately. Please read the "Instructions From the Expert" ... | |
| Minerals No Deducts Clause | 4/30/2010 |
| Q: I am currently negotiating a minerals lease with an exploration company in Western Oklahoma. Please ... A: Suffice to say it's a good clause for you to include in your lease. I've seen better, but this one ... | |
| Oklahoma Mineral Owner Registry | 4/30/2010 |
| Q: Is is important that one join this somewhat smarmy looking registry?? Its called Oklahoma Mineral ... A: If you know where all your mineral rights are located, and you are fairly sure your contact info is ... | |
| Carter County, OK Lease Offer | 4/28/2010 |
| Q: I have recently received an offer to lease 120 acres of land of which I own the mineral rights for ... A: I know it's a pain to write those out. In most cases however I only need the 24-3S-2W part, but ... | |
| Mineral rights in Beckham and Washita counties, Oklahoma | 4/28/2010 |
| Q: My sister and I have just inherited 40 acres of mineral rights in Washita County and 20 acres of ... A: If there's a current lease on either of the properties, it would be filed in the respective county ... | |
| Terms for Oil Lease Grayson County, Texas | 4/27/2010 |
| Q: "Our family own a 65.43 acre parcel out of the Martin K Snell Survey, Abstract 1132, Grayson County, ... A: Atoka Operating, Inc. in Addison, TX has been doing some recent leasing in this same general area. ... | |
| Determining What I Own and Oklahoma Mineral Owner Registry | 4/26/2010 |
| Q: I recently inherited several land/mineral interests. I have never dealt with these before and am a ... A: Chesapeake (and the land company working for them) is currently the only lessee in that section I ... | |
| Arkansas Lease Renewal | 4/26/2010 |
| Q: Ileased my mineral rights on april 2005 for 5 years no one has contacted me about it and i don't ... A: If they haven't contacted you about leasing again, they are probably not interested at this time. I ... | |
| Grayson County, Texas Lease Offer | 4/24/2010 |
| Q: My family has property with mineral rights on property located in Grayson County, Texas with the ... A: The central to north-central of Grayson County is where most of the current production is, with some ... | |
| Montague County, TX Offer To Buy | 4/23/2010 |
| Q: My mother recently was advised she is the owner of mineral rights to 60 acres in Montague Co, TX. ... A: The eastern part of the Montague County has the most activity currently, with the bulk being in the ... | |
| Beaver County, OK Lease Offer | 4/21/2010 |
| Q: I possess a share of oil & gas mineral rights in beaver county oklahoma, as an heir. I was recently ... A: One thing you might do is visit the courthouse in Beaver County (if you live nearby) and see what ... | |
| Sale of interest in gas wells | 4/20/2010 |
| Q: I own 1% or 2% interests in 4 different gas wells in WV. I've owned these since around '93 or '94. ... A: Whenever I receive an offer out of the blue from someone wanting to buy my interest, I always ask ... | |
| Ellis County, OK Lease Offer | 4/20/2010 |
| Q: Scott, My mother has received a lease offer on 20 acres of mineral rights that my grandmother ... A: Most of the recent production activity in the area is about twelve miles NW of where your Mother's ... | |
| Oil/gas lease | 4/19/2010 |
| Q: I have a gentleman inquiring about leasing a tract of land that, according to his records, I am ... A: The guy who inquired has probably checked your title. I would ask him what he thinks you own, and ... | |
| Post-Production Costs and Probate | 4/16/2010 |
| Q: I recently received a 3-yr. oil and gas lease offer from Lowry Land Co., on behalf of Midwest ... A: Lowry Land Company, Inc. is located in Oklahoma City, OK on Broadway. Their phone number is ... | |
| Property Bonding | 4/15/2010 |
| Q: how easy is it to transfer your royalties to someone else? Case in question concerns a jailed drug ... A: Jack, the inmate could possibly use the property to bond out without even having to sell it. Some ... | |
| Division Orders | 4/14/2010 |
| Q: I have a Oil lease in San Patricio County, TX. The operator produced, sold and distributed royalties ... A: A letter from an attorney might solve the problem without actually having to sue. I don't see why ... | |
| Trustworthy Operators | 4/13/2010 |
| Q: Fred, I work for a company that owns some oil & gas leases in Creek, Lincoln, Oklahoma, Payne, ... A: I would ask a landman, geologist, or petroleum engineer for an estimate. They would be fairly ... | |
| gas well locations | 4/10/2010 |
| Q: My question is how close can someone drill a gas well to your property line. I own all the mineral ... A: That is up to the state's oil and gas well spacing rules. For a shallow well, it might be just 100 ... | |
| Waving Surface rights | 4/8/2010 |
| Q: I am looking to buy 10 acres in Boyd, TX. We knew that we would not be getting the Mineral rights ... A: It's a little ambiguous, but I think he meant that he wants you to know that he still wants to keep ... | |
| Division Orders | 4/7/2010 |
| Q: I have a Oil lease in San Patricio County, TX. The operator produced, sold and distributed royalties ... A: In Texas, as long as the division order complies with state law, the lessee can require it be signed ... | |
| Royalty Calculaton | 4/6/2010 |
| Q: can you tell me what the formula is for calculating the estimated division order decimal percentage A: To calculate your division order decimal (same as your check stub decimal in most cases) you need to ... | |
| Included in Well if Drilled? | 4/4/2010 |
| Q: We have leased our land for oil. If they hit oil on the same quarter of land I live on, but not my ... A: If your leased minerals are within the well's spacing unit, you will be paid according to the terms ... | |
| Mineral rights | 4/2/2010 |
| Q: In 1990 I was contacted by a man who did research on the heirs of my Great-grandmother,( he was very ... A: If you own interest in a well, then you won't "scare them off." They WANT to pay all the rightful ... | |
| Payne County, OK Lease Offer | 3/31/2010 |
| Q: Sir, my brother and I own approx 75 acres of mineral rights in Payne county of Oklahoma (Township 17 ... A: It appears that Universal/Calyx is renewing many of their expiring leases in this section, ... | |
| sheriff sale of "real property" | 3/22/2010 |
| Q: Mr. Scott, thank you so much for giving me the opportunity to ask you my question. Back in 1967 ... A: Are you sure the minerals were not included in your great aunt's life estate? Just because they were ... | |
| oil leasing | 3/21/2010 |
| Q: I have a 160-acre interest in a 1,280-acre oil and gas well spacing unit in North Dakota. The well ... A: Harvey, you probably know more about lease bonus amounts in the area than I, and you also didn't ... | |
| Royalties and price | 3/19/2010 |
| Q: First I would like to thank you for the service you are providing, I have gained quite a bit of ... A: Continental is basically saying your wife probably can defend her title to these minerals, but it is ... | |
| Kern County, CA Minerals | 3/18/2010 |
| Q: I have some mineral rights in Kern county CA, i have been contacted about selling them, the tracks ... A: Alex, I'm really not that familiar with valuing California mineral rights, though I think the ... | |
| Canadian County, OK Leasing | 3/17/2010 |
| Q: My cousins have leased or are leasing section 3-12N-9W in Canadian County Ok. I have not received ... A: Corporate Headquarters Devon Energy Corporation 20 North Broadway Oklahoma City, OK 73102-8260 Tel: ... | |
| Oklahoma Oil lease | 3/15/2010 |
| Q: I've been offered a lease in Beckham 3-11N-24W for what seems like quite a bit (1750/acre with 1/5th ... A: $1750 and acre and 1/5 is "fair"; but I think you may be able to get more. Bonus amounts in 11N-25W ... | |
| Canadian County, OK Leasing | 3/13/2010 |
| Q: My cousins have leased or are leasing section 3-12N-9W in Canadian County Ok. I have not received ... A: It's not unusual for a company to only lease SOME of the mineral owners in a section. Sometimes, a ... | |
| Oil Royalty Offer | 3/12/2010 |
| Q: Scott, I'm very impressed by your expertise. I've been searching for ads of oil royalty for sale ... A: Hard to tell for SURE what the WSJ ad is for, but it sounds as if the owner is selling his or her ... | |
| Pennsylvania Dorman Minerals | 3/11/2010 |
| Q: hi i have property in pennsylvania and in the previous deed that was recorded in 1963 the oil & gas ... A: Steve, Pennsylvania's Dormant Oil and Gas Act, adopted in 2006, is the closest thing the state has ... | |
| Oil Royalty Offer | 3/10/2010 |
| Q: Scott, I'm very impressed by your expertise. I've been searching for ads of oil royalty for sale ... A: I saw the ad. Sounds like they're looking for money to fund their drilling activities, and so are ... | |
| What to do with share in a well with poor production | 3/8/2010 |
| Q: Frederick, My grandfather invested in an oil well in Central WV about 57 years ago. (I'm not sure ... A: There is risk (and potential reward) in keeping your working interest. There are many things that ... | |
| What to do with share in a well with poor production | 3/6/2010 |
| Q: Frederick, My grandfather invested in an oil well in Central WV about 57 years ago. (I'm not sure ... A: If your interest in the well is a "working interest" (you are not a mineral owner) then I'd consider ... | |
| Texas Royalties in Suspense | 3/4/2010 |
| Q: Sir, we have just learned that our Great Uncle had an undivided interest in some property in Texas ... A: Since your great uncle had no will, his wife and kids (if any) would have inherited his estate. If ... | |
| Atoka County, OK OGL Info | 3/3/2010 |
| Q: Lowery Land Co.INC leased mineral interest rights from my wife three years ago.The area is ... A: You can go to the courthouse in Atoka County and look at your wife's lease in person. It would be ... | |
| Comanche County, OK Lease Offer | 3/2/2010 |
| Q: I have been offered $350 per acre and 1/4 royalty for a lease in Southwest Quarter of Section Twelve ... A: Thomas, that's not a bad offer for that area, especially with a 1/4 royalty. That's just my opinion ... | |
| Oil right of way on land | 3/1/2010 |
| Q: We own a 5 acres parcel of land that was apportioned out of a half section. Long story short we have ... A: A right of way (ROW) is usually "perpetual" though some do have time limits. Right-of-ways are ... | |
| Arkansas Lease Renewal | 2/27/2010 |
| Q: Mr Scott, we are in the process of renewing our gas lease. We were originally offered 3/16 and ... A: Melanie, you don't want to be paying for "post-production" costs such as gathering, treatment, ... | |
| Caddo County, OK Minerals | 2/26/2010 |
| Q: I have an unsolicitied offer from Pentex to buy my currently-leased mineral rights: Section ... A: I always appreciate when questioners such as yourself provide information about the offers they've ... | |
| Marshall County, OK Lease Offer | 2/25/2010 |
| Q: A broker for AD Williams and Co in Ardmore, Ok has offered us a 3 year lease, $250 an acre X 10 ac. ... A: Oteka, as to whether it's a good lease offer or not, please re-read (hopefully you read them the ... | |
| Payment Division Between Working Interest Owners | 2/24/2010 |
| Q: Scott. I recently bought 50% working interest in an oil and gas lease with a producing oil well in ... A: Tim, if it were me I'd be more likely to go with letting Pacer pay me, rather than some WI owner I ... | |
| Paragraph on Oklahoma Division Order | 2/23/2010 |
| Q: I have a division order that needs to be signed. (It's my mothers, but I am trying to help her by ... A: Val, I always try to get companies to send me the NADOA Standard Form Model division order, which ... | |
| Seismic service company: best way to trade work for interest | 2/21/2010 |
| Q: I represent a seismic processing company. We re-process legacy seismic data to make an oil & gas ... A: Interesting product you have there. If I were an E&P company or geologist with a prospect I'd sure ... | |
| Barnett Leasing Activity | 2/19/2010 |
| Q: I would like to know if any oil company is leasing Oil and Gas leases in the Barnett area. My ... A: Without the exact legal description (county, abstract number or name, block etc.) it will take me ... | |
| Horizontal Well Payments | 1/17/2010 |
| Q: Mr. Scott, if I get a vertical natural gas well on my property of about 17 acres and the company ... A: You will get paid for production from any of the horizontal wells whose perforations (holes punched ... | |
| Mineral Rights Lease/Sale | 1/16/2010 |
| Q: I've been contacted regarding sale of some Mineral Rights in OK. Currently, they are under year two ... A: Well, you could actually contact ME to help you assess the offer if you wished. I'm pretty familiar ... | |
| Stephens County OK Lease Offer | 1/13/2010 |
| Q: The lease is in Stephens County Section 12 Township 3S Range 4W. The lessee wants rights to a three ... A: Since you have 100 acres (a good chunk) I'd counter with $150/acre and 3/16 and see what they say. ... | |
| Question on "refracking" | 1/12/2010 |
| Q: Frederick, I'm an owner of 10% of the land in a land pool of 122 acres with two simo frac'd wells ... A: It's all economics in my opinion. There is no "typical" time to refrac, or employ other secondary ... | |
| surface rights only on warranty deed | 1/11/2010 |
| Q: I am selling a house and 2.13 acres within the city limits of a small town in Pawnee County ... A: I haven't seen the entire deed, but the five words probably cover you. I'd prefer to see language to ... | |
| gas lease | 1/9/2010 |
| Q: We have 35% interest oil%26gas in clearfield co. pa. consisting of 936 acres. A gas company has ... A: I think you can do better on your lease terms, but you'll need to do some research yourself to be ... | |
| Ellis County, OK | 1/8/2010 |
| Q: My question concerns an oil and gas lease that was sent to me recently. It is for 3 acres of an 80 ... A: Craig, if you'd like to send me the lease to look at I think I can find the time this week and would ... | |
| Martin County, TX Lease | 1/6/2010 |
| Q: We have an existing oil and gas lease in Martin County, Texas with a large, established drilling ... A: Andrea, the current lessee has until the current lease expires to "commence operations." You will ... | |
| Johnson County, AR | 1/2/2010 |
| Q: I recently found out that I own all or part of the mineral rights to 66 acres (Sec 29-11N-24W) in ... A: There are advantages to selling, and advantages to leasing. Minerals in "hot" areas will be worth ... | |
| Determining Mineral Interest | 12/30/2009 |
| Q: My friend was awarded all of her husband's mineral interest in some property in Liberty County in a ... A: Leslie, if your friend was awarded this mineral interest by a court as a result of divorce, then the ... | |
| Roger Mills County, OK Leasing | 12/21/2009 |
| Q: I would like to know what gas royalty is leasing for in the section 10/11/25 of Roger Mills Co. ... A: Probably not much, but I'd guess no more than $400 per acre, if that. There isn't much going on in ... | |
| Newfield's Morgan 1H17W well in Pittsburgh Co. Okla. | 12/12/2009 |
| Q: Newfield started drilling Morgan 1H17W apprx. 10/17/09 in Section 17, Township 5 North, Range 14 ... A: Harold, too early to tell about the well from my end, and I don't live close enough to go check out ... | |
| Ownership Check | 12/11/2009 |
| Q: how do I find out how many acres of mineral interest that I have in Woods County, OK. I keep ... A: Sam, the most accurate way to determine what you own is to go to the county courthouse in Woods ... | |
| Lease - Continuing Operations | 12/9/2009 |
| Q: Has this lease been extended beyond the primary term of five years. We signed a lease, with low ... A: Warren, I would say that they "barely" made it as far as beginning operations before their lease ... | |
| Drillsite Distance from House | 12/7/2009 |
| Q: I have given a drillsite lease to a gas company. Regarding the site I required no activity close to ... A: I do not know whether they measure from the borehole or not, but I would think that would not be ... | |
| Webb County, TX | 12/5/2009 |
| Q: I own the mineral rights on 40 of a 160 acre in Webb county TX the land is leased and the company ... A: Tammy, the best way to find a fair price is to shop them around to more than one buyer. If you have ... | |
| Term Royalty Conveyance Panola County | 12/4/2009 |
| Q: Is it possible for term royalty conveyance to NOT list a term to revert back to the original owner? ... A: Cheryl, a "term royalty" is usually for a stated length of time. The time may be "fixed" (e.g., for ... | |
| Inherited Land Include Minerals? | 12/3/2009 |
| Q: We inherited land in Texas from my dad. He had 40% mineral rights with the land. In his will, the ... A: Merle, if he owned the minerals at the time of his death, and you inherited the land, then you own ... | |
| Gas Lease Strategy | 11/29/2009 |
| Q: Frederick, I recently purchased 224 acres in NW Pennsylvania, Erie County, Mckean Township. There ... A: Jon, the "worth" of the deal is determined mainly by "location, location, location"; just as it is ... | |
| Oil and gas minerals for sale | 11/27/2009 |
| Q: Mr. Scott, I am interested in selling mineral rights. They are located in Sec. 11,12,23,24,25 of ... A: Ricky, with so many producing wells a good "rule of thumb" to value your producing properties would ... | |
| Polk County, TX | 11/26/2009 |
| Q: I would like to know how much I should ask per acre for my mineral rights if I sell my 23 acres in ... A: Terry, it would definitely depend on which part of the county your 23 acre are in. The southern half ... | |
| Beckham County, OK Mineral Rights | 11/25/2009 |
| Q: I inherited mineral rights from my Grandmother (county of Beckham SE/4 SE/4 section 30-10N-23W ... A: Barb, the minerals in Section 30 are probably worth at least $1500 per acre in my opinion. I"m sure ... | |
| Mineral lease Dewey Co Sec 17-18 16n15w | 11/23/2009 |
| Q: Scott, Our family owns an assortment of land and mineral holdings in Dewey Co. My sister and I own ... A: Larry, calling the owner of the rest of the NE part of Section 17 is a good idea. Actually, other ... | |
| Offer to Sell in Beckham County OK | 11/22/2009 |
| Q: I have 2.75 acres (in 23-11N-23W) and have been offered $3000/acre to sell. This usually means that ... A: Michael, $3000 per acre is not a bad offer. A couple of decent wells have been completed in the area ... | |
| Ellis County, OK Lease Offer | 11/20/2009 |
| Q: I have been offered a lease at $700 per acre on MR in Ellis County Section 13-18N-26W. Is that the ... A: Ann, doesn't sound too bad to me really. There's not too much activity in that area currently. ... | |
| Inherited Mineral Interest | 11/18/2009 |
| Q: An individual owned the original land patent for 80 acres in Arkansas and retained 50% mineral ... A: If an individual sells land to someone, and also owns half the mineral rights under the land, but ... | |
| Adding dependents to mineral rights | 11/17/2009 |
| Q: The mineral rights I have are in my name only. I live in Washington. How do I add my wife and/or ... A: Myrel, you will need to prepare a conveyance (quit claim deed, mineral deed etc.) granting the ... | |
| Fort Worth TX Area Lease Bonus | 11/16/2009 |
| Q: Our neighborhood was very organized last year and hired an attorney and negotiated a $27,500 per ... A: the Barnett Shale has been declining in activity since the beginning of the year, and bonus amounts ... | |
| Taxes on oil & gas royalty payments | 11/14/2009 |
| Q: We receive monthly royalty payments on some property in Canadian County, OK. We pay Owner Taxes and ... A: Mary, Oklahoma requires that out-of-state owners have Oklahoma state income tax withheld from their ... | |
| Marcellus Shale Lease and Royalty | 11/12/2009 |
| Q: Mr. Scott, I currently own 20 acres in northeast Pennsylvania and have recently signed a lease for ... A: Erasmo, $6000 per acre sounds pretty good to me; especially with 20% royalty. Some people will be ... | |
| Loving County, TX Activity | 11/11/2009 |
| Q: Mr. Scott, My family and I own an undivided 1/2 interest in minerals in Sec. 100, Blk. 33, H&TC ... A: Alan, wow, you're way out there in West Texas looks like! Not too familiar with the Permian Basin, ... | |
| RE: Injection well on property next to us | 11/10/2009 |
| Q: EOG is putting in a saltwater injection site on the property next to us in Montague county Texas. ... A: Lonnie, you can contact their land department directly. I don't have their phone number handy but ... | |
| Acreage | 11/9/2009 |
| Q: I live in south Texas and a friend told me about a lawsuit she was involved with against her ... A: Pam, wills sometimes list or include property that was not actually owned by mistake. A beneficiary ... | |
| Texas Gas Lease | 11/8/2009 |
| Q: Mr.Scott I'm trying to decide my best option with mineral rights that I have in TX.I did not sign a ... A: George, in Texas, if your unleased minerals are within the spacing unit, but not within the actual ... | |
| Lease options Kay County, OK | 11/7/2009 |
| Q: I was recently contacted by Bagely Title, Inc. re: 4 net acres of minerals I inherited in Kay ... A: Ken, I'd tell them you'll lease for $75 and 1/8, or $50 and 3/16 royalty; both three years with no ... | |
| Mineral rights oil lease | 11/6/2009 |
| Q: Is $75.00 an acre plus 3/16 Royalty for a three year lease with a 2 year option a good offer for a ... A: Jerry, there's really not much going on in this county frankly, so $75 is probably pretty good for ... | |
| Minerals - Lost acreage in a Judgement | 11/5/2009 |
| Q: In 1920, our grandparents were sued in district court for an unpaid grocery bill in Texas. Our ... A: Ann, if your grandparents owned the minerals at the time of the judgment, and in fact lost all the ... | |
| Longevity of a well | 11/3/2009 |
| Q: I have mineral rights on some land in McClain County, OK. An oil production company began drilling ... A: KB, if you'd shared with me the legal description of where this well is, I probably could have given ... | |
| Online Mineral Deed Forms | 11/2/2009 |
| Q: My ailing grandfather owns mineral rights that he would like to deed to my grandmother. He was told ... A: Reid, there are in fact many companies selling ready-made deed forms online. I searched for "mineral ... | |
| unleased royalty owner | 11/1/2009 |
| Q: Mr,Scott If a gas company fails to get me to sign a lease and starts drilling without signing me ... A: George, it depends on what state you're in as to whether going unleased will benefit you, and in ... | |
| calculating gas royaly income | 10/31/2009 |
| Q: Total unit is 187.66 acres and my portion is 91 acres production of first month was 34,217 mcf ... A: Short answer: Your gross check for first month's production would be about $15,555.49. The longer ... | |
| Oil and Gas Lease in Atoka, Ok | 10/30/2009 |
| Q: Recently had a company interested in leasing 160 acres - Atoka- NW/4 of Sec 32, Township 2 North, ... A: Cathy, "Titan" is the only company I see currently leasing in Section 32 recently. St. Mary and ... | |
| Oil lease offer | 10/29/2009 |
| Q: I received a lease offer for an mineral interest in Lincoln County, Oklahoma underlying the NW/4 of ... A: Joan, if the lease is for shallow depths only (get a depth clause in your lease) then the bonus is ... | |
| addendum | 10/18/2009 |
| Q: Fred, The addendum below was added to a oil & gas lease I signed with a landowner group. After ... A: Yes, five years after the primary term expires is how I read it, too; and yes, it seems they could ... | |
| addendum | 10/17/2009 |
| Q: Fred, The addendum below was added to a oil & gas lease I signed with a landowner group. After ... A: Stanley, short answer is it's not a bad clause for you. If the clause were not included, then in ... | |
| Arkansas Drilling Activity - Cleburne County | 10/15/2009 |
| Q: My wife and I received a solicitation from Gateway Land Services on behalf of Chesapeake Exploration ... A: Ron, I'm glad you liked the lease clause "tips." Keep in mind however that there is no guarantee ... | |
| Garfield County, OK Lease Offer | 9/18/2009 |
| Q: We own land in Garfield County in Oklahoma. We were approached by someone out of Tulsa who would ... A: Marilyn, the National Association of Royalty Owners (NARO) subscribes to a monthly lease bonus ... | |
| Beinville Parish Lease Offer | 9/15/2009 |
| Q: I have been offered a proposal to lease my land (in Bienville Parish, Louisiana) by a limited ... A: Rene', to confirm what rights you own for sure, you'd want to check the land records in the county ... | |
| Roger Mills Lease Offer | 9/12/2009 |
| Q: Mr. Scott, First of all I'd like to thank you for your help with info on those minerals in Beckham ... A: ML, not sure what leases are going for up in that part of RM county. It's not very active right now, ... | |
| Selling Mineral Rights in Canadian County | 9/10/2009 |
| Q: I submitted the question yesterday and neglected to tell you that our mineral rights were in ... A: Jacalyn, didn't see this question until I'd already rejected your previous question (lack of ... | |
| royalties | 9/8/2009 |
| Q: I own 10 net mineral acres in Creek County, Oklahoma, the well spacing is 40 acres and there is one ... A: John, you can use your "decimal interest" to determine your royalty in an actual or hypothetical ... | |
| re-summitted question about offer to buy minerals | 9/7/2009 |
| Q: Mr. Scott, I have question about my minerals.We were contacted by MPH production about the purchase ... A: Jackie, thanks for the legal description. The county (Johnson) and the abstract number (296) help me ... | |
| Division Order | 9/6/2009 |
| Q: We own 100% of our mineral rights on 30 acres in Sec.22 T10N-R14W Van Buren Co. AR and signed our ... A: James, the formula they gave you is your net acres divided by the unit size of 640 acres, multiplied ... | |
| Drilling activity in Section 6-10N-15W Washita County, Okla | 9/3/2009 |
| Q: Mr Scott Have been offered $1300/acre to sell my mineral rights. I and my siblings own mineral ... A: Martha, not much "new" activity going on near your minerals. A small gas well was completed in 2007 ... | |
| Can I Get Out of My Arkansas Lease? | 9/2/2009 |
| Q: Frederick M. Scott Southern Arkansas Energy leased our mineral interests in Cleburne County ... A: Mike, many people signed leases in Arkansas in 2007 for 1/8 royalty and even less bonus. You've done ... | |
| oil royalty valuation | 9/1/2009 |
| Q: I need to know how to value an oil royalty in Kansas. I have the production figures but don't know ... A: Sid, since you did not elaborate, I'm assuming you have some producing minerals that you either own ... | |
| Texas - Heir to Mineral Rights | 8/21/2009 |
| Q: A friend was looking through some things of her deceased mother and found a Mineral Deed with her ... A: Cheryl, if her father was alive in 1994 then of course he would have received the lease bonus (if ... | |
| Lease in Lincoln County, OK | 8/19/2009 |
| Q: I have (SW1/4) of Sec (17), Township (15) N, Range (5) EIN, I haved leased 15 1/2 acres to Altex. ... A: Cynthia, Altex has actually received a couple of drilling permits in your section since you leased ... | |
| Choctaw County, OK | 8/17/2009 |
| Q: Scott, I recently inherited mineral rights to property that lies just north of Hugo,OK. Can you ... A: Gene, Choctaw County, OK is certainly not one of the "hot spots" for drilling activity in the state. ... | |
| Lease terms | 8/14/2009 |
| Q: I sent a question on the 7th of this month about the "going rate" for lease bonuses and royalty ... A: Patricia, I checked, and there are no other companies leasing in your immediate area currently. The ... | |
| Royalty Calculation | 8/11/2009 |
| Q: Fred I along with 8 members of my family have mineral rights to 100 acres in Texas they are going ... A: Terry, the answer to your question really depends on how big the drilling unit is (how many acres ... | |
| Okmulgee County, OK Lease Offer | 8/10/2009 |
| Q: My brother and I own the mineral rights of approximately 120 acres in Okmulgee Ok. The description ... A: John, the spacing is pretty small in that section, so it's likely that they are just wanting to ... | |
| Beckham County, OK | 8/8/2009 |
| Q: Mr. Scott, I have been offered the opportunity to purchase some minerals from an elderly distant ... A: M.L. This is a pretty good area of the county really. Some of the biggest gas wells in recent ... | |
| Pottawatomie Cnty, OK Lease Offer | 8/7/2009 |
| Q: Would you be able to tell me what the "going rate" is for lease bonuses and royalty rates in this ... A: Nana, I'd counter with $100/acre and 3/16. Perhaps they will counter with $75/acre and 3/16. If so, ... | |
| nonproducing royalty interest | 8/6/2009 |
| Q: I've been approached about selling half my mineral interest for Haynesville Shale on a piece of ... A: Dixie, email the legal description (Section, Township, Range, and Parish) directly to me at ... | |
| New oil, gas & mineral lease | 8/5/2009 |
| Q: Mr. Scott, I have a 1/4 interest on 139.884 acres and a 1/2 interest on 6.72 acres in the A. ... A: Hollis, I'm not that familiar with your area of Texas so can't tell you whether the bonus of $100 ... | |
| Coal County Oil and Gas Lease | 8/3/2009 |
| Q: I have been contacted by a "landman" offering around $4000.00 for a three year lease on 28 acres in ... A: Leslie, that bonus of $4000 is equal to about $142 per acre. I'm assuming that's a 3/16 royalty? I ... | |
| Post production costs | 8/2/2009 |
| Q: I'm in the process of negotiating an oil and gas lease on 12 1/2 acres in Rusk County, Texas. The ... A: David, if they won't agree to a clause limiting or eliminating post-production deductions from your ... | |
| Mineral rights in Seminole county | 7/22/2009 |
| Q: "We received an offer to lease our mineral rights in Seminole County Oklahoma the description of the ... A: Andrew, a small gas well came in on January, 2008 in Section 12, just north of your Section 13. It ... | |
| Lincoln County, OK | 7/21/2009 |
| Q: I just leased mineral rights for 3 years for 16 acres in Lincoln Couty, Oklahoma Section 8-12N-2E. I ... A: Sara, I believe you are referring to a "spacing order" filed for Section 8 concerning Applicants CBL ... | |
| Horizontal Well Royalty | 7/20/2009 |
| Q: I live in Arkansas and have leased my mineral rights. My question is if they drill a horizontal well ... A: George, yes, you will be paid if the well has any producing "perforations" (production from holes in ... | |
| Garfield Co. CO Lease Offer | 7/9/2009 |
| Q: I have been contacted by Alfson Energy Land Services to lease some paid up oil and gas leases I ... A: Sharon, a "paid up" lease means they will not have to pay any "delay rentals" for each year of your ... | |
| should i sell minerals or wait for royalties? | 7/8/2009 |
| Q: I inherited land 5 years ago from my family in Chandler, OK. Section 06-15N-4E & I haven't received ... A: Ashley, there have actually been about nine wells completed in section 6 over the years, though only ... | |
| Haskell Co. OK Lease Offer | 7/6/2009 |
| Q: A company wants to lease my mineral rights in Haskell Co. Oklahoma. They are offering $77. per ... A: David, the best way to find out what others have received is to ask them. Their bonus info will not ... | |
| 20-8N-19W Washita County, OK Production | 7/4/2009 |
| Q: I have a mineral deed to land located at (NE-1/4) of Section 20, Township 8 North, Range 19, Washita ... A: Mark, there is no current production in Section 20, or any of the surrounding sections. Most of the ... | |
| West Virginia Lease Offer | 6/30/2009 |
| Q: Straight forward, I know nothing about mineral rights, leases, etc. I am one of 75 heirs to mineral ... A: Debra, if possible, I'd get together with the other heirs and negotiate as a group; perhaps choosing ... | |
| Ratification of Oil and Gas Lease | 6/27/2009 |
| Q: We signed a lease with East Recourses last July and have not received the lease money yet. We have ... A: Amanda, it's not too terribly unusual these days (unfortunately) for lessees to either not pay on ... | |
| Mineral Rights Lease | 6/26/2009 |
| Q: Inherited mineral rights on 46 acres (1/5 interest in 230 acres)in the "Wheelock" prospect in North ... A: Jeffrey, in areas where there is lots of competition for leases, it is not uncommon for companies to ... | |
| Texas Paid up Oil and Gas Lease | 6/23/2009 |
| Q: I received a Paid Up Oil and Gas Lease on 12.5 acres that I own in Rusk County, Texas with mineral ... A: David, the lease is probably titled "OIL, GAS, AND MINERAL LEASE" or something similar. If you like ... | |
| Blaine County, OK Lease Renewal Offer | 6/22/2009 |
| Q: I received a letter from Chesapeake Energy to renew a lease on my 53.33 acres in Blaine County ... A: Jim, Chesapeake just completed the Mark #1 well in Section 2 last December. They also have drilled ... | |
| Lease Offer Carter County, OK | 6/21/2009 |
| Q: I was just offered $400 per net mineral acre with 12.5% royalty interest for 3 yrs. or $350 per net ... A: Carol, don't let them rush you. They may apply for a pooling order on June 24, but it will take at ... | |
| Lease Primary Term and Shut In Questions | 6/20/2009 |
| Q: We have been offered an oil/gas lease for our 9 acre land in lenawee county, MI. Having read the ... A: Jess, the "operations" must be reasonable, and not merely done to hold the lease "forever." If they ... | |
| Getting started | 6/19/2009 |
| Q: I am named heir of a property that was approached four years ago by an oil/gas company requesting a ... A: James, I would first try to determine what's going on around the property. If there's some drilling ... | |
| lease conveyance | 6/17/2009 |
| Q: My mother inherited mineral rights in LeFlore County, Ok...Section 32-8N-24E. We were recently ... A: Dale, it's likely that the currently producing wells are held by a lease document that had a "depth ... | |
| Property in Oklahoma | 6/9/2009 |
| Q: I have an elderly neighbor who has received an offer to purchase her land and mineral and royalty ... A: Richard, I would always advise people who are selling their minerals to get MORE THAN ONE offer ... | |
| Surface rights only | 6/8/2009 |
| Q: We have a 60 acre farm in Fayette Co, PA on which there was a well drilled by Amoco in the early ... A: Dave, in Oklahoma at least (where I live) though seismographic operations may aggravate the surface ... | |
| O & G Bid Package/Lease Contract | 6/7/2009 |
| Q: Mr. Scott, thank you in advance for your help. I joined a pool with approx. 1000 mineral acres ... A: Walter, it's very common for lessees to accept signed leases back from lessors after only a cursory ... | |
| Washita Co, OK leasing | 6/6/2009 |
| Q: "I received an offer to lease my minerals in Washita Co., Ok. The offer is covering my interest in ... A: Margaret, I would take the $300/acre and 3/16 royalty. You may want to also contact Chesapeake, ... | |
| Leased Mineral Rights | 6/5/2009 |
| Q: We have leased acres in Pittsburg County OK. The three year lease is up in July 09. The Co. has ... A: Philip, they have technically "staked" a well already, so as long as they continue to move towards ... | |
| Mineral rights | 6/3/2009 |
| Q: I own 938 acres of mineral rights. They are in Webster Parish La, Columbia County AR, and Lafayette ... A: Bob, you could go to the courthouse in the county or parish where your minerals are located and look ... | |
| leasing mineral rights to the oil company | 6/1/2009 |
| Q: I sold our ranch farm 5 years ago which was near 22 acres. The mineral rights are split three ways I ... A: Linda, if you want to lease your mineral rights to a company, you don't have to "ask" the current ... | |
| grady& comanche co. ok | 5/30/2009 |
| Q: can u tell me if there has been any drilling in either of these locations sec9 t4n range8west grady ... A: Beverly, though they have all been "drilled" in the past; 9-4N-8W has had no recent drilling ... | |
| Division Order | 5/28/2009 |
| Q: I received a Division Order. The Property Description is "Sec 5, Twn 8N, Rng 9W, 642.53 acres". ... A: David, a Township consists of 36 sections of land. Your section 5 is in Township 8N-9W. Section 5 is ... | |
| Transfer of mineral interest | 5/27/2009 |
| Q: I am a lawyer in Texas, doing a probate in Texas of a Texas decedent's Will. Decedent owned mineral ... A: Diane, sorry for the delay...been out-of-town at a conference. It is my belief that you should have ... | |
| letter from R. A. (Cash) Petty | 5/26/2009 |
| Q: I need to know that this person is indeed a member of the American Assoc. of Professional Landmen. ... A: Nancy, sorry for the delay in answering, I've been out-of-town for a few days at a conference. I ... | |
| transfer of heirship | 5/8/2009 |
| Q: I have tried for a year to get my mothers heirship % transferred to my sisters and I.I do not have a ... A: Cindy, you really should (if you haven't already) ask the company EXACTLY what kind of conveyance ... | |
| How to Lease Mineral RIghts? | 5/7/2009 |
| Q: I have recently bought a property in Johnson County in Texas. I supposedly own the mineral rights ... A: C.J. To find out for sure whether you own the minerals or not, you'd need to check the county ... | |
| Oil & Gas Lease Offer | 5/6/2009 |
| Q: My father owns approximately 80 acres in Claremore and has been sent an offer from Jackford Land, ... A: William, Usually, as you may already know the first lease offer you get from a company is often not ... | |
| Oil and mineral lease | 5/4/2009 |
| Q: I am one of a large family that has mineral rights in Coal County Ok.The land is approx 100 acres ... A: The Oklahoma Corporation Commission has a free website that will list production from any well in ... | |
| Ratification of Oil and Gas Lease w/Separate Track Clause | 5/2/2009 |
| Q: My siblings and I received a letter from a Landsman stating we are a non participating and or a ... A: Monica, A ratification simply "confirms" a lease, but does not necessarily mean the person ratifying ... | |
| Division Orders on Address Change | 4/29/2009 |
| Q: Is it a common practice for oil companies to send out new "Division Order"s, when a royalty owner ... A: LaRee, I have changed my address with several oil companies and have never been asked to sign ... | |
| Texas Division Orders | 4/20/2009 |
| Q: Mr. Scott: In the state of Oklahoma a division order is not required to release payment to an ... A: Dawn, A good article on Texas minerals, surface rights, and royalty payments (includes division ... | |
| Oil and Gas in Coal County OK | 4/19/2009 |
| Q: My family recently received a telephone call from a landman regarding purchasing our mineral rights ... A: Whitney, to find out if the price offered is "reasonable"; get offers from SEVERAL unaffiliated ... | |
| Mineral Rights, Oil Leases | 4/15/2009 |
| Q: Have a relative that was left mineral rights and oil leases in both OK and TX. Apparently he was a ... A: Donald, in order to find out for sure what she owns she'd need to go the courthouse and check the ... | |
| McClain County, OK Leasing | 4/14/2009 |
| Q: My mother has been contacted by a landman wanting to lease 5 acres in Sec.20,Township 6 N, Range 4W ... A: Jill, currently I would expect no more than $250 per acre for a lease. I would not lease for more ... | |
| Forced pooling without knowledge | 4/11/2009 |
| Q: Frederick, our family has 8 1/2 acres outside Hall Summit, LA on what is supposed to be a hot spot ... A: Mr. Stevens, though it may seem awfully low compared to last year, $4000/acre and 25% seems about ... | |
| Pontotoc County Activity | 4/9/2009 |
| Q: I have some mineral rights in Pontotoc County and would like to know if there is any production ... A: Shirley, only about 20 of the 80 or so wells drilled in Pontotoc County, OK since the year 2000 are ... | |
| Taxes on oil royalties | 4/7/2009 |
| Q: I receive royalty payments from my late husband's estate, but am confused as to how much of the ... A: Kay, royalties on the federal level are taxed as regular income; however, there is (for now anyway) ... | |
| Correlative Rights | 4/6/2009 |
| Q: Let's say property "A" is located in Louisiana and is a 40 acre tract. An operator has drilled a ... A: Bill, I am not sure of the statute of limitations in Louisiana; your best bet would be to check with ... | |
| Coal County, OK Lease | 4/5/2009 |
| Q: I leased some mineral rights (120 acres, sec 28, township 1S, range 11) in Coal County, OK three ... A: Victor, no one is currently leasing in that immediate area right now. There have been a couple of ... | |
| lease extention bonus Atoka, Co, OK | 4/4/2009 |
| Q: I just received a letter to extend the lease on some mineral rights that will be expiring in August ... A: Trena, I'd ask them for $500 per acre. Tell them that section 9 was pooled by Continental a few ... | |
| Correlative Rights | 4/2/2009 |
| Q: Let's say property "A" is located in Louisiana and is a 40 acre tract. An operator has drilled a ... A: Bill, the short answer would be to "drill your own well." Sounds silly I know, but before spacing ... | |
| Unclaimed/Unpaid Royalties | 3/29/2009 |
| Q: Mr. Scott, can you tell me where I might find information regarding funds "in suspense" from ... A: Geneva, in Oklahoma, it is not required that a mineral owner sign a division order (especially for ... | |
| Top Lease | 3/27/2009 |
| Q: What is the meaning of the following clause in a Gas & Oil lease? Lessor will not grant a top lease ... A: Bobbi, this just means that if some other company contacts you while your current lease is still in ... | |
| Oil & Gas Lease | 3/26/2009 |
| Q: Mr. Scott, I purchased my house and property in 1996 and asked if the mineral rights were included ... A: Jeff, on the lease, just cross out the "warranty" clause and you'll be all right. You probably do ... | |
| Is my lease bonus fair? | 3/25/2009 |
| Q: We have mineral rights in Love County, OK. We have been offered a lease but we have no info as to ... A: Lee, you can check with the Oklahoma Corporation Commission in Oklahoma City, OK; or check out their ... | |
| Ofuskee County Oil & Gas Lease | 3/22/2009 |
| Q: Scott, I own 20 net mineral acres in sect 8 11n 7e in Okfuskee county, Ok. There is one year ... A: Joe, the "Harwell 1-7H" well was spudded in section 8 last June, and I believe it is still ... | |
| Wood County, TX Offer | 3/20/2009 |
| Q: My sister & I received a letter in the mail a couple weeks ago from offering to lease our minerals ... A: Shannon, I would guess you all received the offer to lease the 63.5532 acres from Weber Energy ... | |
| Beckham County, OK Lease Offer | 3/19/2009 |
| Q: I have been contacted by Chesapeake to release my mineral rights. Arrowhead resources, on their ... A: Bob, your "counter offer" was technically a rejection of the original offer, and at the same time ... | |
| Intestate Succsession and Selling | 3/18/2009 |
| Q: how do i get mineral rights transfered to me my mother passed away leaving no will i would like to ... A: Joe, if your mother died without a will, then the laws of "intestate succession" in the state where ... | |
| Seminole County offer to purchase | 3/16/2009 |
| Q: McCosar Minerals has contacted my family wanting to purchase appx 33 acres of minerals rights in ... A: Tracy, first off, thanks for all the information. It helps me answer your question more completely. ... | |
| Hidalgo County, TX | 3/13/2009 |
| Q: My Father inherited mineral rights in Hidalgo Co., Tx. Its a very small share (0.00005130 RI) now ... A: Kate, the $1.25 price sounds a little strange. I have trouble believing your minerals aren't worth ... | |
| Revenue from Inherited Mineral Rights | 3/10/2009 |
| Q: My brother and I inherited a portion of the mineral rights to the following land in Pittsburg ... A: Scott, you are correct that there was some production from a couple of wells back in the 1970's and ... | |
| Adverse Possession | 3/9/2009 |
| Q: Scott, My family owns mineral interest in 1200 acres in Robertson County, TX. The property is under ... A: Rick, first of all, adverse possession is not very common and generally affects only small tracts of ... | |
| Oklahoma Mineral Holdings | 3/8/2009 |
| Q: My brother and I are heirs to the following mineral holdings in Oklahoma: 120 acres Sec.23, Tn 5N, ... A: Russell, thanks for the legal descriptions of your minerals. Your mineral holdings are "all over the ... | |
| Logan County, AR Lease Offer | 3/7/2009 |
| Q: I was offered $100 to sell my portion of mineral rights for logan county arkansas mineral rights ... A: Stacy, if the offer was to BUY (rather than just lease) your minerals, and it was for the ENTIRE ... | |
| WY Tenancy by the Entireties | 3/6/2009 |
| Q: My elderly mother owns two pieces of property in WY with mineral rights. My father passed away and ... A: Marcia, are you getting half the minerals on the property Mom is giving to your sister? If not, then ... | |
| Kansas Lease Offer | 3/5/2009 |
| Q: Scott, my family has a offer to lease 160 acres in Southwest Kansas, Hodgeman County, Township 23 ... A: Keith, as of November, 2008 there were about 215 oil wells and 23 natural gas wells producing in ... | |
| Okfuskee County, Ok - Orion Exploration | 3/4/2009 |
| Q: I am really excited that I have a lease or participate offer from Orion on behalf of North Fork ... A: Jodi, you probably won't get much more than $100 per acre in this area with 3/16 royalty. The option ... | |
| Ancillary Probate | 3/3/2009 |
| Q: GGgrandfather's estate probated three leases (two in Coal Co. and one in Hughes Co.) in 1941 that ... A: EdrieAnne, you'll need to get the estate of at least your mother probated in Oklahoma before you can ... | |
| Beckham County, OK Lease Offer | 3/2/2009 |
| Q: I have been contacted by Chesapeake to release my mineral rights. Arrowhead resources, on their ... A: Bob, Chesapeake gave someone 25% royalty and a three-year lease in section 10 back in November, ... | |
| Bonus for 5 acres in Coal County 29-03N-10E | 3/1/2009 |
| Q: I received an offer to lease 5 acres for $800 per acre. My guess is that is too low. If you have an ... A: Mary, 29-3N-10E is on the SW boundary of some nice recent activity, rather than in the thick of it, ... | |
| Oklahoma Pooling and Spacing? | 1/29/2009 |
| Q: I recently received a letter saying that I was a respondent to a Spacing application to the Okla. ... A: Dorah, spacing orders are common things to get in the mail, and it's just the oil company asking the ... | |
| Kansas mineral rights | 1/27/2009 |
| Q: Scott. My family and I have 1/7th mineral right interest in approximately 4800 acres in southeast ... A: Keith, if there's proven production nearby, especially from wells that have come online in the past ... | |
| OIl gas lease for Blaine Co Oklahoma | 1/26/2009 |
| Q: I have been offered an Oil and Gas Lease for 26.6666 acres (I own the mineral rights only) in ... A: Betsy, I don't usually worry about warranting my title, but some people do. People that don't like ... | |
| late royalty payment | 1/25/2009 |
| Q: On July 21, 2008, Antero Resources began operating a well in a SE Oklahoma section I hold royalty ... A: Gordon, I once waited about nine months to get a division order to sign on a new well, and it was a ... | |
| Easement Severed Minerals | 1/24/2009 |
| Q: Good morning, We have been battling a large company for approx. 6 months over our severed mineral ... A: Bonnie, it seems you've already talked to an attorney about this, which is wise if they are fighting ... | |
| Selling OK Mineral Rights | 1/21/2009 |
| Q: I have an offer from a company to purchase my mineral rights. The property is in Oklahoma, Blaine ... A: Whitney, I would say the offer is a little low, even though prices have fallen lately. The 1/8 lease ... | |
| Oil & Gas in WV | 1/20/2009 |
| Q: Do you have any information that we here in West Virginia may better educate ourselves with about ... A: Joyce, if you are speaking of "worth" as to selling your mineral rights, then your best bet would be ... | |
| Activity near 32-5N-28W in Logan Co. AR? | 1/19/2009 |
| Q: Frederick, Do you happen to know if there is any activity near 32-5N-28W in Logan Co. Arkansas? My ... A: Brian, most of the permitting activity in the county during the last 200 days has been in the ... | |
| Searching for lessor by name | 1/18/2009 |
| Q: how do i find leases under a specic name. A: Deborah, best way is to go the courthouse in the county where the minerals are located (if known) ... | |
| Selling Mineral Rights | 1/17/2009 |
| Q: I was recently offered 1500.00 per net acre of mineral rights I have in Pittburg Co. Oklahoma. I ... A: Stephen, if you'd care to share the name of the company making the offer, along with the legal ... | |
| Online Production Info for Kansas | 1/15/2009 |
| Q: Sir, I can't seem to figure out how to obtain information on mineral production in Kansas. Can ... A: Charlos, you can find Kansas production info online at the following website for free: ... | |
| Calculating Royalty and locating public information | 1/11/2009 |
| Q: I have been researching royalty payments as several family members own interest in small wells ... A: Joe, your formula is basically correct if you are trying to come up with the approximate daily ... | |
| Determining if OK property is producing or not | 1/10/2009 |
| Q: i have sum mineral rights in Oklahoma, and i need help finding out if my property is producing oil ... A: Gerald, contact the Oklahoma Corporation Commission in Oklahoma City (or search their website) and ... | |
| Fair Bonus & Royalties & Lease Terms - Montague County, Texas | 1/9/2009 |
| Q: My Mom has full interest of 1.142856 acres in property in Montague County Texas that is a part of ... A: David, EOG has purchased at least one other lease recently in the J Webb Survey. I don't know that ... | |
| Lease in Blaine County 17N-13W-19 | 1/8/2009 |
| Q: My grandpa leased 120 acres of land from a mineral owner in 17N-13W-19 in Blaine county. He only ... A: JT, if the lease language allows for it, he can simply release it back to the mineral owner and be ... | |
| location to residence of wells | 1/7/2009 |
| Q: What do you suggest regarding constant production activity, including flaring once again that is ... A: Keri, most leases specify a well can be drilled no closer than 200 feet to a residence or occupied ... | |
| Sequoyah County, OK Lease Offer | 1/6/2009 |
| Q: We have received a couple of offers from Jackfork Land Co to lease 220 minerals acres of ours ... A: Ellen, as you likely are aware, there's not much going on in the NW part of Sequoyah County, OK. ... | |
| Help Getting Minerals Leased in Oklahoma | 1/4/2009 |
| Q: Mr. Scott, I wanted to follow up on a question I asked back in October regarding my minerals in ... A: M.M. No real recent leases have been filed in your immediate area that I can find. GHK Exploration ... | |
| Barnett Shale | 12/3/2008 |
| Q: My mother has 9/10 of an acre of mineral rights in Tarrant County, Texas. The company that has ... A: Pat, ask if you can get a "favored nations" clause in the lease. This will state that if they pay ... | |
| Gas Lease wording | 11/25/2008 |
| Q: I signed a gas lease on my land in PA, after 90 days there was no payment of the bonus. Several ... A: Dan, check with your attorney to be sure as I have not actually seen the deed, but based on what you ... | |
| Legal Descriptions on Deeds | 11/24/2008 |
| Q: I inherited several North Dakota Mineral Deeds from my father. In researching these deeds I find ... A: "S1/2 & SW1/4SE1/4" is, as I said previously, appears to be an incomplete legal description. "S 1/2" ... | |
| Mineral Deeds | 11/22/2008 |
| Q: I inherited several North Dakota Mineral Deeds from my father. In researching these deeds I find ... A: Don, it appears the legal description you provided describes one tract of land. 320/640 implies a ... | |
| surface water usage | 11/21/2008 |
| Q: XTO is drilling a well near my 86 year old mother (Pittsburg County,OK)and they want to use water ... A: Jan, it's fairly common for companies to request to use water from private ponds, lakes, streams ... | |
| 3-D geophysical survey | 11/20/2008 |
| Q: I have been contacted by a company requesting permission to conduct a 3-D geophysical survey on my ... A: Ron, I'm not familiar with the going rates for seismic permits in LA, though it couldn't hurt to ask ... | |
| Mcintosh County, OK Lease offer | 11/19/2008 |
| Q: Mr Scott My family has mineral interests for 13.3333 net mineral acres in Mcintosh County, Section ... A: Brad, likely the depth clause in your previous lease reserved "all rights one hundred feet and more ... | |
| Lease offer - Carter Co. OK | 11/17/2008 |
| Q: I received a lease offer from O'Neal Drilling Co. for Carter County, OK Sec. 22, T3S, R1E, W/2, ... A: Wendy, with only .625 mineral acres I'd ask for no bonus and a 1/4 royalty. If they won't do that, ... | |
| Hopkins County, TX "lazy" lessee | 11/11/2008 |
| Q: For the past 6 years my family has received a three year lease of mineral rights for oil/gas ... A: Donna, while I can appreciate your concern for them not drilling, unless your lease specified they ... | |
| Oil ORRI legitimacy | 11/10/2008 |
| Q: I saw an oil ORRI advertised for sale and am considering purchasing it. I did a lot of reading and ... A: Eddie, there's no way to tell for sure, but having several months worth of the "run sheets" (check ... | |
| Division Order | 11/9/2008 |
| Q: Scott. My Father-In-Law owns 1.33 acres in a 334.35 unit in Johnson county, TX. It should start ... A: Joel, the decimal interest is figured by taking the number of net acres you own in the unit; ... | |
| New Mexico Oil and Gas Information | 11/8/2008 |
| Q: How do I know when or if they are actually drilling &/or producing on land you own mineral rights ... A: LaDonna, check out the New Mexico Oil Conservation Division's website. It's free for the most part, ... | |
| Gas Contracts and You | 11/7/2008 |
| Q: Mr.McConnell, We are situated in the Thomas Michell Survey, abstract NO. 617, Johnson County, Texas ... A: Jackie, I am not a professional gas marketer, and usually do not have access to gas contracts, ... | |
| Indemnification Division Order | 11/5/2008 |
| Q: I own royalty interest in a gas well in Oklahoma but due to a title issue, I've never received ... A: Jenny, in Oklahoma you do not have to sign a division order in order to be paid. Even though you ... | |
| How to find out if there is production on mineral interest in Beckham County, Oklahoma | 11/4/2008 |
| Q: Mr. Scott I have mineral interest in several sections in Beckham County, Oklahoma. More ... A: Scott, the Oklahoma Corporation Commission website (http://www.occ.state.ok.us/) contains production ... | |
| Locating Potential Lessees | 11/3/2008 |
| Q: We own mineral rights on 2,000acres of eastern Roosevelt County, Montana land in the Williston ... A: Bob, the easiest way is to check the courthouse records where the minerals are located. Companies ... | |
| Adverse Possession of Minerals | 10/31/2008 |
| Q: If you pay taxes on a gas and mineral right lease for more than 20 years are the rights yours?? How ... A: John, your question is not entirely clear to me, but in general you can not "adversely possess" ... | |
| Tenancy in Common Questions | 10/10/2008 |
| Q: I have inherited a farm with 9 other family members of 220 acres in Susquehanna county, Northeastern ... A: Jack, yes, with a TIC ownership you can lease your interest on your own, without joinder of the ... | |
| Lease expires | 10/9/2008 |
| Q: I live in ND. Our current oil lease expires April 09. Under the lease 6 sections have been leased. ... A: Garett, if North Dakota has a statutory "Pugh" clause, then any acreage not included in a producing ... | |
| Ownership of Mineral rights | 10/8/2008 |
| Q: Mr. Scott, My mother inherited several mineral right properties in Oklahoma from my Grandmother's ... A: Susan, there are a couple of ways to recover your mother's list of minerals actually. Perhaps the ... | |
| Flammable Tap Water in Ohio | 10/7/2008 |
| Q: I have some property in OHio that was our childhood home. I remember being able to light our tap ... A: Laura, I'd say it was also a sign that you shouldn't be drinking the tap water ha ha! Seriously ... | |
| Pottawatomie County, Oklahoma Lease Offer | 10/6/2008 |
| Q: My siblings and I have mineral interest in 2 properties in Oklahoma. The first property is in ... A: Judy, not much going on in your area unfortunately; matter of fact, I'm surprised you've even been ... | |
| Roger Mills, OK minerals | 10/4/2008 |
| Q: Mr. Scott, I currently own minerals in Roger Mills county OK with the following legal description: ... A: Micah, township 16N-24W currently has about six sections with producing wells, none of which are ... | |
| oil/gas lease royalties/fee's/compensation | 10/2/2008 |
| Q: my wife and I recently purchased a 30 acre farm in upstate ny, there is a gas well head that they ... A: Paul, if you own the minerals in the unit where the well is, then when it begins production, you ... | |
| Canadian County, OK Lease Offer | 10/1/2008 |
| Q: Mr. Scott, We have been approached by Somerset Development wanting to lease the mineral rights to ... A: Larry, the area where your minerals are located (north of El Reno, OK) is not the "hottest" area in ... | |
| Does Accretion Affect Mineral Rights? | 9/14/2008 |
| Q: WE HAVE LAND ALONG RED RIVER IN CADDO PARISH,LOUISIANA. THE PROPERTY STARTED OUT AT OVER 20 ACRES ... A: Ricky, in most jurisdictions, the boundaries of the surface estate define the boundaries of the ... | |
| Quit-Claim Deed to Father-in-Law | 9/13/2008 |
| Q: Scott. I co-signed on a note for my Father-In-Law on a rental house & .409 acre lot in Joshua, TX, ... A: Joel, the simplest thing to do is to file a "quit-claim" MINERAL deed in the county where the ... | |
| Leased acreage not in unit | 9/8/2008 |
| Q: I signed a lease several years ago, in Texas, that didn't have a Pugh clause, the original unit ... A: Rodney, if your acreage was not included in the unit, then it has already been released. If you ... | |
| Oil Lease Offer in Sheridan County, Kansas | 9/7/2008 |
| Q: Mr. Scott, I have been offered a lease on Sec 26, twp 8, Rng 28W and Sec 25, twp 8, rng 28W in ... A: Mary, most of the oil production is south and east of you in Sheridan County, as is the state's ... | |
| Lease Offer in Ellis County, OK | 9/6/2008 |
| Q: i see that Linda and Gary were offered $1500/mineral acre in Ellis Co. i have also received such an ... A: Mark, most of the "hot" activity is to the north and northeast of 19N-26W, though you are on the ... | |
| Lease Offer, Surface Use, and Pooling Question; Woodward County, OK | 9/5/2008 |
| Q: Scott; I own the land and mineral rights to a 1/4 section about 1/2 way between Woodward and ... A: Mr. Springfield, Sandridge has indeed been doing some leasing in your area recently, as has ... | |
| Guidence on gas lease Washita Co., Okla | 9/4/2008 |
| Q: Mr. Scott I own mineral rights to 60 acres in SE/4, SEC.7-10N-20W in Washita Co., Oklahoma. I would ... A: Carol, I found no forced pooling application for your section. There were a few poolings in 2007 in ... | |
| Burleson, TX Lease Offer of 15K Per Acre | 9/2/2008 |
| Q: I have 3 rental properties in Burleson, Tx. A neighborhood group got together and "held out" for a ... A: Marsha, sorry, no law or code available in this case, unless you were deemed a member of the group ... | |
| Louisiana Mineral Rights Prescription | 8/19/2008 |
| Q: Is a person's Oil and Mineral Rights 10-year Prescription in Louisiana reset when an oil company (1) ... A: Brie, after 10 years of no use, the minerals revert (prescribe) to the current landowner. Your ... | |
| "Stand up" and "lay down" spacing units | 8/18/2008 |
| Q: I own 90 Acres of land in Lincoln County (oklahoma). I purchased the land a few years back. On the ... A: Curtis, without actually seeing your deed, it sounds like you were granted whatever minerals the ... | |
| Figuring acres owned from division order decimal | 8/16/2008 |
| Q: My husband received a letter and lease contract 4 yrs. ago(from Crew Land Research and Seadrif Oil ... A: Vicki, since he's received a division order, that means a producing well has been drilled by ... | |
| Hunting on land where minerals are leased | 8/15/2008 |
| Q: I have a small dilema....for the past 4 or 5 years, I've been leasing land from my best friend's ... A: Jerry, don't worry about the hunting. The oil company can use the land to get to the minerals, but ... | |
| Natchitoches Parish Louisiana Leasing Activity | 8/14/2008 |
| Q: My family has about 700 acs in Natchitoches Parish about 3 to 4 miles from Desoto and Sabine Parish ... A: Jason, you'll first want to make sure your current contact information and ownership is filed of ... | |
| Blaine County 3/16 Lease Offer | 8/13/2008 |
| Q: i have some mineral rights in Blaine County Oklahoma. I have been offered a small amount per acre ... A: Patty, yes, 3/16 is standard in Oklahoma and most other regions that have had production for years. ... | |
| Lease Activity | 8/11/2008 |
| Q: We were contacted June 6 with lease offer:$175 acre 3 years at 1/8 and 2 year option or $125 acre 3 ... A: Bill, you might ask for $200 per acre, and don't give them a two-year option if you can help it. If ... | |
| Mineral Rights | 8/8/2008 |
| Q: When I was young, I inherited numerous small mineral interests in Oklahoma. Since then, I have ... A: Laura, Pangaeadata.com has a feature which allows you to search for names that have appeared as ... | |
| Mistakenly received royalties | 8/7/2008 |
| Q: In 1990 I sold a residence that received $400 per year in oil royalty payments. The oil company did ... A: Ron, likely there is a SOL (statute-of-limitations) in California that covers your situation. After ... | |
| Selling Mineral rights-Ellis Co OK | 8/6/2008 |
| Q: As another reader stated we inherited rights (approx 160.3 mineral acres) and are being pursued to ... A: Linda and Gary, $1500 per acre seems like a pretty good offer to me, though I'm no geologist. I can ... | |
| Mineral Interest Oklahoma | 8/2/2008 |
| Q: I have an undivided 9/16 interest in the oil, gas and other minerals underlying the SW/4, Section ... A: Sharla, assuming the legal description is correct, you own a 90-acre interest because you have 9/16 ... | |
| Oil and Gas Lease | 7/30/2008 |
| Q: We inherited 1/6th share of 50% mineral interest on 1007.11 resulting in ownership of 503.55 net ... A: Margie, If the lease rates nearby are close to what you're being offered, and there is no one else ... | |
| abstractor for oil and gas | 7/29/2008 |
| Q: i have traced a family farm back to 1881 is this far enough to make sure no oil or gas lease also ... A: Amanda, depends on where they are as to whether you went back far enough looking for leases. The ... | |
| Mineral Rights For Sale | 7/28/2008 |
| Q: I am selling 11,700+ acres with the mineral rights. I am asking $1000 an acre and thought that for ... A: Well Darbie, that's a good chunk of minerals/land to be sure. Sounds like the land is also for sale ... | |
| Offers to Lease/Purchase Mineral Rights | 7/24/2008 |
| Q: I inherited (along with my siblings) 158.94 mineral acres. I am now being pursued by those who wish ... A: Sharon, Ellis county does have recent drilling activity. It's concentrated in the central part of ... | |
| Top Lease | 7/23/2008 |
| Q: My husband and I own 1.9 acres in Section 9, Township 18 North, Range 15 West, Caddo Parish. We ... A: Lynne, a "top lease" just means that a company wants you to agree to lease to them right after your ... | |
| Oil & Gas lease in Wyoming | 7/20/2008 |
| Q: Scott, A relative of mine was contacted by a landman about the mineral rights she inherited in ... A: Martin, cross out the offending language in paragraph four relating to deductions, or ask to have a ... | |
| Love County, OK | 7/19/2008 |
| Q: We own 160 acres of mineral rights in Love County, OK, Township 7S, Range 2E, Sections 2,3,10, and ... A: Check the website for the Oklahoma Corporation Commission to see what activity is going on in the ... | |
| Non-Participating Royalty | 7/18/2008 |
| Q: If a mistake is made in ownership of NPRI (title mistake), can you be sued for a refund of royalty ... A: Of course you can always be sued, but the ability to recover successfully from you is likely limited ... | |
| Force Pooling in the Haynesville Shale Urban Drilling | 7/17/2008 |
| Q: Many small landowners here are being frightened into signing leases because they are told they will ... A: Virginia, forced-pooling is not always bad. I've allowed some of my interest in Oklahoma to be ... | |
| forced pooling | 7/16/2008 |
| Q: My brother and I own 16 acres in Pine Island, Section 16 Caddo Parish, La. and our origional 3 year ... A: $1500 AND a 1/4 royalty? That sounds pretty good to me actually. I'd check to see if the $1500 is ... | |
| Hearing by th OCC | 7/15/2008 |
| Q: There is a hearing tomorrow in front of the OCC on spacing in McClain County OK Section 17 T5N 1RE. ... A: Joe, while you could have protested at the hearing had you been there in time, it's pretty likely it ... | |
| Mineral Rights/Railroad Difficulties | 6/18/2008 |
| Q: Many, many years ago, my great-great grandfather let our mineral interests on land in Arkansas get ... A: Sandra, it sounds to me as if you're in the right since they hadn't paid taxes for (apparently) many ... | |
| ORI sale | 6/17/2008 |
| Q: Mr. Scott - I am the owner of an overriding royalty interest(s) (not sure if it should be plural or ... A: Cecil, If you're selling a royalty interest in producing minerals, a decent (but not perfect) ... | |
| oil and gas | 6/15/2008 |
| Q: I recently purchased land and the mineral and oil rights. The previous owner had an oil and gas ... A: Wanna, you now own the minerals, but they are subject to the lease the previous owner signed. It ... | |
| Mineral rights and contract language | 6/14/2008 |
| Q: I live in Garrett Co. Maryland and Mid-East oil has offered what I perceive to be the best deal on ... A: Mark, don't know without doing a "Google" what type of company this Mid-East oil might be. I'd ... | |
| Exhibit A & Lease Terms | 6/13/2008 |
| Q: My questions are regarding the use of Exhibit "A" documents and the clauses within. Also, how the ... A: Shawn, the answer to your first question is no; each lease stands on it's own. Once it's signed, ... | |
| Inharited Assignment of Oil and Gas Lease | 6/12/2008 |
| Q: My Grandmother passed away and i was going threw her old papers and i came across an "Assignment of ... A: Christopher, the assignment you have a copy of is probably just referencing an old lease your ... | |
| Division Order for Oil Payment | 6/11/2008 |
| Q: What exactly is a division order for that certifies the ownership of decimal interest in production ... A: Deborah, a division order is sent out to mineral owners and working interest owners after a ... | |
| Multiple companies in area | 6/10/2008 |
| Q: If I sign a lease with company "A" and company "B" drills on an adjacent property will company "B" ... A: Richard, if you sign a lease with Company A, and Company B drills a well on an adjacent property, ... | |
| AL oil & gas leases - general question | 6/9/2008 |
| Q: I have read through pages of these questions & answers, and a lot of it is quite detailed & ... A: Angela, once you sign the lease and are paid your bonus, you just wait basically. You've given them ... | |
| Oil/gas lease expiring | 6/6/2008 |
| Q: Mr Scott, I have an expiring oil/gas lease in the Barnett Shale. No roads, wells, etc have been ... A: Randy, the date at the top of the lease is the expiration date, not the date you signed it, not the ... | |
| Forced Pooling per Haynesville Shale Play | 6/5/2008 |
| Q: I have read so much per forced pooling. I Live in Shreveport, LA...Approx. 90% of recent legal ... A: Dr; I'm not sure if you're talking about the pooling clause that is commonly found in leases, or ... | |
| buying back royalty rights | 6/4/2008 |
| Q: My father and I jointly own 192 acres in Gilmer County, WV. A neighbor owns the royalty rights to ... A: David, if there is no production being sold, then your neighbors lease has expired. He may still own ... | |
| Gas Lease | 6/3/2008 |
| Q: Currently have a lease on 200 acres in Candor, NY (Tioga County) that expires in May 2009, company ... A: Kathryn, if your lease doesn't expire until May of 2009, and they are already wanting to renew it, ... | |
| oil and gas lease offer | 6/2/2008 |
| Q: This is the offer I received from Timberlake Management Corp Natrona County, Wyoming Offer to lease ... A: Nora, I'm not too familiar with Wyoming leasing rates, but I'd say $10 per acre is pretty low. I'd ... | |
| mineral lease in Jasper County, Mississippi | 6/1/2008 |
| Q: We are being asked to sign a lease that is very wordy and we aren't sure what to look out for. Is ... A: Linda, The statement "Lessor accepts bonus as lump sum....." will not affect your royalty. If a well ... | |
| Oil and Gas Lease Questions, Grant County, OK | 5/31/2008 |
| Q: Mr. Scott, We have an oil and gas lease offer for 80 acres of minerals in SW/4 of Section 12, ... A: Carl, the bonus is not bad for that area, but I'd ask for $200, and then accept $175 if they offer ... | |
| Atoka County | 5/30/2008 |
| Q: Mr. Frederick Scott, I'm wondering if you can help us out with the following offer: $500 per ... A: Kim, it's not bad, assuming you get a decent lease; i.e. none of that "less a proportionate share of ... | |
| Oil & gas lease | 5/29/2008 |
| Q: Mr. Scott, my brother and I own 1/2 interest in the mineral rights located at T35N, R74W, Sec.9, ... A: You sure can; they're your minerals and you can lease them (or not lease them) to whomever you wish. ... | |
| Oil & gas lease | 5/28/2008 |
| Q: Mr. Scott, my brother and I own 1/2 interest in the mineral rights located at T35N, R74W, Sec.9, ... A: Diana, if you are really in a hot spot, then it's probably other companies would also be interested ... | |
| Oil & Gas Leases | 5/27/2008 |
| Q: My husbands stepfather owned oil & gas leases in Hughes County, OK. He died in 1994 leaving his ... A: Carmen, It would be helpful to find the will in order to prove that your late husband's step father ... | |
| mineral rights | 5/26/2008 |
| Q: I have been contacted by someone in Tulsa that is offering to buy my inherited mineral rights. He ... A: Jon, it's possible that some mineral rights were owned by your grandparents. Often, if someone owns ... | |
| ORRI | 5/23/2008 |
| Q: Mr.Scott, I leased over 4,000 acres of land in Kansas back ~2001. I sold the leases to a large ... A: Mark, as I'm sure you know, an ORRI expires when the lease from which it was carved expires. Since ... | |
| subordinate clauses | 4/22/2008 |
| Q: I am in a real bind. My mortgage company is foreclosing on my property. I am attempting to ... A: Devin, part of your question is really not my "area"; but I'd check to see if the minerals were ... | |
| Bryan County OK. | 4/21/2008 |
| Q: I have recently signed an Oil and Gas Lease in Bryan County OK. XTO just got a in pool designation ... A: Ben, if you've already signed a lease, then you should not be affected by the pooling order. If you ... | |
| signing bonus and royalty | 4/21/2008 |
| Q: Sir; I don't understand the process of signing an mineral lease with a middle man. Will a bonus ... A: James, in order to receive any royalty payments, you must either sign a lease, or be force-pooled. ... | |
| Susquehanna County Pa. | 4/20/2008 |
| Q: We own a chunk of land in Springville Twp which was leased to Cabot in 2006 for $25/12.5/5. Yeah, ... A: Mel; a "rod" is about 16.5 feet, so they are offering you about $1.21 per foot for the right-of-way. ... | |
| new lease | 4/19/2008 |
| Q: My father owns mineral rights to 900 acres and another 100 acres in Ward County, North Dakota (total ... A: Deborah, probably you are referring to the refining costs associated with processing natural gas. ... | |
| Special Energy Corp Division Order | 4/19/2008 |
| Q: My father had mineral right on some family owned property in OK. He passed away in 1978. My mother ... A: Vickie, what you probably received today (after the pooling notice) was a "division order" for your ... | |
| net acres | 4/5/2008 |
| Q: Is there any way to determine "net mineral acres" leased from reading an oil and gas lease which is ... A: Ken, the oil and gas lease itself will describe only the "tract" in which the lease was taken, and ... | |
| Oil and Gas Lease McIntosh County, OK | 4/4/2008 |
| Q: What Oil & Gas lease terms are reasonable for McIntosh County Section 13, Township 10N, Range 15E ? ... A: Terry, I'd ask for 3 years, 3/16 and between $225 and $300 per acre for bonus. An alternative (and ... | |
| gathering and transport lines | 4/3/2008 |
| Q: We have approx 120ac in South Central NY. Leasing is being done for the Marcellas and Trent/Black ... A: John, your request makes sense, though I'm not sure it's doable from your end. I am not an "expert" ... | |
| Mineral Rights in Saskatchewan | 4/1/2008 |
| Q: I am trying to find an expert on Canadian/Saskatchewan mineral rights, in particular oil. After ... A: Troy, Canada become self-governing in 1867, and the constitution placed ownership of natural ... | |
| gas lease, compressor lease | 3/29/2008 |
| Q: Discussion is on 100 acre property in western PA. My father signed gas lease with $0 up front, ... A: Carl, your approach sounds reasonable to me. I am not familiar with what companies are paying to ... | |
| Custer county oil and gas lease | 3/28/2008 |
| Q: My. sister and I inherited mineral rights...Custer County, OK S/2 NE/4 & N/2 SE/4 of Section ... A: Patricia, 12N-20W has seen some fairly recent leasing from Chesapeake and Cianna Resources. There ... | |
| oil/gas in Northwest Florida | 3/27/2008 |
| Q: Well my wife's grandfather bought about 100 acres in Northwest Florida near Jay, Florida where the ... A: Mark, I've mentioned before that a VERY GOOD little booklet for those not in-the-know about the ... | |
| Offer to Acquire Oil, Gas and Mineral Lease | 3/25/2008 |
| Q: I am heir to an 1.39% interest in 721 acres (my share being 10.0 net mineral acres) owned by my ... A: Trey, A GOOD WAY to figure one's potential royalty in a hypothetical (or actual) well is to use ... | |
| Old Oil, Gas & Mineral Lease | 3/24/2008 |
| Q: My 81 year old Dad was cleaning out some old papers and we came accross a lease amendment from ... A: Tony, if you have some more specific location info I'd be better able to tell you whether this one ... | |
| Leasing minerals Oklahoma property | 3/22/2008 |
| Q: Mr. Scott, I have read online some of your advice. I believe you would be good counsel for my ... A: Paula, there is quite a bit of leasing activity in this general area, as well as some permitting ... | |
| gas lease | 3/21/2008 |
| Q: We signed a gas lease with a company last fall and now a different company is in our neighborhood ... A: Andrea, Once you've signed a lease, your pretty much stuck with it. That's why I always tell people ... | |
| oil and gas lease | 3/20/2008 |
| Q: My wife and I have 118 acres of mineral rights in Somerset county, Pa. We have been approached by a ... A: Buddy, I'm not really familiar with lease rates in your area. Perhaps some folks reading this could ... | |
| royalties | 3/19/2008 |
| Q: i signed a lease for gas in northeast pa.my neighbor was told, who has less land then me, that he ... A: Joe, the short answer is probably not...it would have to be one HECK of a well for him to get that ... | |
| Oil/Gas Lease | 3/18/2008 |
| Q: We have property in Custer County Oklahoma. The oil/gas lease is expiring in April 2008. What ... A: Sharon, if you live in Custer County, you could travel to the courthouse and look at the "index" for ... | |
| does smelling gas or acreage influence price? | 3/16/2008 |
| Q: Scott, I hope it is not unethical to post this question to another expert on All Experts.com. I did ... A: Jonah, to answer your first question, I can recommend a starting point for getting your minerals ... | |
| deep minerals | 3/15/2008 |
| Q: Mr. Scott, I have been approached by Somerset Develpment in regards to a deep mineral lease in ... A: Lisa, sounds like a decent offer, though there are some other companies out there leasing as well as ... | |
| oil and gas | 3/13/2008 |
| Q: Around 1952 an oil company came and drilled a well on my fathers farm in Kiowa Co. Ks (T30 So, R20 ... A: Brad, I'm surprised they "held the lease" for thirty years without any production. At any rate, it's ... | |
| oil-gas lease proposal | 3/12/2008 |
| Q: We have received a letter to lease my mountain land in Grainger County TN. It is from T.S. Dudley ... A: Jim, if the "well spacing" is a 160-acre unit, then their estimate for royalty would be about right. ... | |
| Multiple offers to lease mineral rights | 3/11/2008 |
| Q: I've received several offers to have my minerals developed. Both I'm considering are the same terms ... A: Eve, $17,000 per acre is about the going rate near you right now I believe. Pretty good mailbox ... | |
| Custer County, Oklahoma | 2/27/2008 |
| Q: I've recently been approached with an Oil and Gas lease agreement for my mineral interest in Custer ... A: Roger, there is activity in the area, but no prolific wells have been completed in the county ... | |
| Bryan County Oklahoma | 2/26/2008 |
| Q: Is $2000/acre for 5 year term with 3/16 royalty a good offer for Section 1-5S-12E in Bryan County, ... A: Sis, XTO is definately the big player in your township. Chesapeake has also been buying some ... | |
| Are the following areas hot for OIL extraction? | 2/25/2008 |
| Q: Scott, We are planning on a JV to drill 6 vertical water flooded wells on the following land (near ... A: Reddy, Looks like you've got the whole area to yourself! Could be cheap leasing. There's really no ... | |
| mineral lease | 2/24/2008 |
| Q: Scott, 3 weeks ago I didn't even know I owned minerals, And in the last 3 weeks I've received 3 ... A: Wayne, I'm assuming you meant 9-5N-8ECM for the Cimarron County property, rather than "sec9 5N 8ecm ... | |
| oil and gas leasing | 2/22/2008 |
| Q: Please explain the "Duhig Rule" A: Good question Hal, I'm sure others are curious about this as well. A lady asked me a similar ... | |
| Leasing Mineral interests | 2/21/2008 |
| Q: Chesapeake Exploration, L.L.C. has made an offer to lease the mineral rights to approx twenty acres ... A: Steven, well, they've certainly improved their offer haven't they! I would suggest you might want to ... | |
| OIL DRILLING | 2/20/2008 |
| Q: HOW DOES ONE KNOW(IN OKLAHOMA) IF SOMEONE IS DRILLING ON YOUR LAND WITHOUT YOUR KNOWLEDGE OR ... A: G.K. You generally cannot stop a mineral owner from drilling for oil and gas on your property. The ... | |
| leasing selling etc. | 2/14/2008 |
| Q: I own 1/4 interest in an 88 acre tract located in Bienville, LA - NE 1/4 Section 16 Township 18 ... A: Linda, the "ten year rule" you speak of came about basically because Louisiana civil code did not ... | |
| Division orders | 2/13/2008 |
| Q: I bought property in North Texas in 1999 which included one half the mineral rights and when Mr. ... A: Darrell, most all leases have a clause in them regarding a change in ownership. They usually read ... | |
| Oil / Gas Lease Negotiation - Alfalfa County, OK | 2/12/2008 |
| Q: I have been offered an Oil and Gas Lease for 40 acres (I own the mineral rights only) in Alfalfa ... A: Linda, I hate to be the bearer of not-so-great news, but there's not much going on in your part of ... | |
| length of gas lease after production ceases | 2/2/2008 |
| Q: In Louisiana when a well has been plugged and the original lease has expired...the well produced 12 ... A: Del, I'd say that if it's been plugged already, AND there's no other production anywhere else on the ... | |
| Florida Mineral Law | 1/29/2008 |
| Q: Frederick, I am trying to locate information on Florida's mineral laws - without much success. I ... A: Robert, try this link for information on Florida Oil and Gas Law: ... | |
| Gas Storage Underground Cavern Lease Value | 1/28/2008 |
| Q: Have a lease expiring in the next two years that was negotiated 25 years ago to store natural gas ... A: Les, well, it's pretty rare to have a gas storage facility under your property I'd say. $1,000 ... | |
| Check Deductions | 1/27/2008 |
| Q: Mr. Scott, I’ve asked you several questions in the past so I apologize for asking another one. I ... A: Robert, your lease language is not bad actually, but the gathering and transportation charges MAY be ... | |
| Mineral Rights Lease | 1/26/2008 |
| Q: My mother received an offer from Continental Land Resources to lease her mineral rights. She has ... A: Teri, $400 and 3/16 is about the going rate in this area. I’d take the 3/16 option, rather than one ... | |
| Leasing Mineral interests | 1/25/2008 |
| Q: Chesapeake Exploration, L.L.C. has made an offer to lease the mineral rights to approx twenty acres ... A: Steven, to bring you "up to speed" on your lease offer would include my opinion on whether the bonus ... | |
| royalties | 1/24/2008 |
| Q: an oil company is wanting to lease the mineral rights for 1 acre of land we have in mississippi. ... A: Chris, actually with only one acre to lease, you likely have LESS negotiating power. I am not ... | |
| oil and gas mineral sale | 1/22/2008 |
| Q: Mr. Scott I have received a few responses from gas producers in Calif. However, I have not heard ... A: Irene, sorry, but I haven't heard anything from buyers concerning your California minerals. I did ... | |
| Royalties | 1/21/2008 |
| Q: Can you help me project what royalties might be over the life of a gas well that is projected to ... A: Acres you own divided by acres in drilling unit times royalty = your decimal interest. You'll need ... | |
| Participating in a Gas Well (vs leasing rights) | 1/20/2008 |
| Q: Mr. Scott, I am being given an opportunity to invest and participate in a gas well with a close, ... A: Allen, my opinion of participating in a well is perhaps not what you are hoping to hear. I'd say ... | |
| selling of minerals | 1/18/2008 |
| Q: In Sept. of 07 our neighbor was contacted about selling his minerals. He sold them for $1,500. per ... A: Douglas, I'm assuming you had simply agreed to sell your minerals for an agreed upon price, and ... | |
| Oil & Gas Lease Received | 1/17/2008 |
| Q: I would very much appreciate your help in evaluating a Lease offer. Any advice you can offer ... A: Ron, I lived in San Diego for about eight years; and so feel a sort of "kindred spirit" with you ... | |
| Increased Density | 1/15/2008 |
| Q: My wife inherited a small oil royalty when her father died the producers name is Chesapeake ... A: Gary Lee, it may be abandoned if it fails to produce in paying quantities, but your wife would still ... | |
| Production Company has been working on our land without valid lease for 14 years | 1/12/2008 |
| Q: Mr. Scott, I am the heir to multiple parcels of land in Seminole and Lincoln County, Oklahoma. I ... A: Keith, can't tell you much about whether the offer for $300 is fair or not without more information ... | |
| Contacted by Landman To Lease Property and Confused | 1/11/2008 |
| Q: Scott. My family and neighbors were recently contacted by a landman from a company (they appear to ... A: Frank, the landman likely works for an oil and gas company who has hired him to get leases for them, ... | |
| gas lease | 1/10/2008 |
| Q: what is the going rate for gas leases in McIntosh county, Oklahoma - north of the town of Hanna A: Susan, as you hopefully read on the "Ask a Question" page before you sent your question, I will need ... | |
| status of Wyoming activity etc. | 1/7/2008 |
| Q: I HAVE HOLDINGS IN NATRONA COUNTY I WANT TO SELL. I inherited some gas & oil mineral rights. I do ... A: David, Natrona County activity is pretty good in some areas I think these days. Lots of ... | |
| Mineral rights | 1/6/2008 |
| Q: Mr. Scott, We have an expired three year lease with Chesapeake that expired 01/04/08. We had ... A: Robin, short answer "yes," and her name is also Robin! She's an oil and gas attorney in Oklahoma who ... | |
| Atoka County Current Lease values & auctions | 1/5/2008 |
| Q: Scott, Previously my husband had been working on leasing 20 acres in section 10, township 3 south, ... A: Nancy, Somerset Lease Holdings has been leasing recently in 10-3S-10E. They are in Dallas, TX (15660 ... | |
| Researching background on abandon wells on property | 1/4/2008 |
| Q: My wife and I own 10acres with minerals in washington county Ok. Sec.12 T.S.27n Range13e.The ... A: DeJay, there have been many (as many as 18 I think) small oil wells drilled in that section since ... | |
| gas well abandoned | 1/3/2008 |
| Q: We have a gas well that was drilled in 1974- recieved use and great royalties until about 1992- then ... A: Janice, if the well is not producing in "paying quantities" (sounds like it's not) then you may be ... | |
| Montana mineral rights | 1/2/2008 |
| Q: My siblings and I inherited mineral rights to land in Montana from our mother. Many years ago she ... A: Jon; I would say what you've been told is INCORRECT. If you and your siblings inherited the ... | |
| Mineral rights | 1/1/2008 |
| Q: I have recently purchased a 5 acre piece of property in PA. I purchased the mineral rights with the ... A: Hank, I would (as I think I've mentioned before) contact the company who is operating the well and ... | |
| Oil and gas leases, Coal county, Atoka county OK | 12/29/2007 |
| Q: My brother and I inherited mineral rights to 80 acres in Coal cy (NE/4, Sec.24, 1S, 9E and in Atoka ... A: Karen, sorry for taking a couple of days to get back to you; holidays and all! Also, you don’t have ... | |
| lost/old oil rights | 12/28/2007 |
| Q: Twenty years ago, my dad was willed some oil rights in Sulphur Springs Texas. I remember a small ... A: Dana, unless such informaation has been put online, you'd need to take a trip to the courthouse in ... | |
| royalties | 12/26/2007 |
| Q: What would be the minimum a gas well would have to produce to stay in use. New or used well. Please ... A: Stan, in most cases, if the well is producing enough to recover its "lifting cost," then it will be ... | |
| Lease mineral rights | 12/23/2007 |
| Q: I have been approached by someone that wants to lease mineral rights that have been left to me in my ... A: Sandy, check around with some neighboring mineral owners if possible and see what they've been ... | |
| oil and gas royalties | 12/20/2007 |
| Q: i have 60 acres and friend acrose a little blacktop road is getting $35,000 a month out of his gas ... A: Charles, it’s unlikely that the company is paying your neighbor across the road any of your ... | |
| Pooling Clause & Federal Override | 12/19/2007 |
| Q: As a Lessor, I'm currently negotiating an O&G lease with a clause that concerns me. (All other ... A: John; very interesting. I've never seen a pooling clause like this but do understand it I think. It ... | |
| Forced pooling / unlocatable mineral owners | 12/18/2007 |
| Q: In Montana, what is the best proceedure for leasing unlocatable mineral owners OR force pooling ... A: Christina; not sure about Montana, but in many states, you would lease an unlocatable mineral owner ... | |
| Contacts for the sell of mineral rights | 12/15/2007 |
| Q: Scott, We own 200 acres of mineral rights in Yolo County California. Township 9 North, Range 2 Ease, ... A: Irene, I'll be glad to see if my buyers are interested in your California minerals. If I get any ... | |
| Ownership / Leases | 12/14/2007 |
| Q: My father is 1/3 owner of 1/2 unit Sec 9 BLK 6 AB66 in Crane County Texas. Total deed is 320 ... A: Andy, I’d agree with you that your Aunt selling her minerals for a mere $50 per acre (assuming she ... | |
| Oil, Gas, and Mineral lease | 12/13/2007 |
| Q: Scoot: My parent own a property (house) with +/- one acre, which locates in Keller, TX. (Tarrant ... A: Johnny, the company that leased your land has three years to drill the property...the well may not ... | |
| The going rate for a lease in a neighborhood | 12/11/2007 |
| Q: How can I determine the best rate I can get in my neighborhood for a mineral lease? I am one of the ... A: Carol, since you are one of the last to lease apparently, you might want to ask your neighbors what ... | |
| forced pooling | 12/10/2007 |
| Q: I would like to know the law of forced pooling of mineral rights in Oklahoma. I have been told that ... A: Sue, you can certainly be force-pooled in Oklahoma if you own any or all of the minerals in a ... | |
| Oil and Gas Lease | 12/9/2007 |
| Q: Mr. Scott, My family owns mineral rights to 160 acres in Pittsburgh County. Recently my brother was ... A: Christy, parts of Pittsburg County are pretty hot these days. Lease bonus amounts can go for as high ... | |
| Contacts for the sell of mineral rights | 12/7/2007 |
| Q: Scott, We own 200 acres of mineral rights in Yolo County California. Township 9 North, Range 2 Ease, ... A: Irene, though I do not personally know any buyers in California, I think the following will be of ... | |
| Selling mineral rights. | 12/5/2007 |
| Q: I am not sure of who or what companies my be interested in minerals in that region. I was wondering ... A: J.C. As you may know, Garfield, Weld, and Yuma counties are the most active currently in Colorado ... | |
| mineral lease | 12/2/2007 |
| Q: We are in the process of signing a lease with Chesapeake for our mineral rights in White county, ... A: FOLLOW UP: Mary, I did receive your lease. It was pretty hard to read, as was the handwriting due to ... | |
| selling mineral rights & land | 11/29/2007 |
| Q: My wife and I have recently acquired some land in Beaver County (OK) and were possibly interested ... A: Shawn, well, I can mainly speak to the minerals, since I am not too familiar with land values up ... | |
| should I consider selling my mineral rights | 11/28/2007 |
| Q: I own mineral rights on 161.327 acres of land in Leon County, Texas. Out of E.W. Gilliand Survey, ... A: Stephanie, if you know the approximate (at least the year. if not month) when your brother may have ... | |
| should I consider selling my mineral rights | 11/26/2007 |
| Q: I own mineral rights on 161.327 acres of land in Leon County, Texas. Out of E.W. Gilliand Survey, ... A: Stephanie; now IS a good time to sell minerals, especially if you wish to make a “big chunk of money ... | |
| oil/gas lease | 11/25/2007 |
| Q: I own 9.6774 acres of minerals and 60 acres on the surface in Atoka County Oklahoma. In SW/4, ... A: David, anyone who wants to lease your minerals will most likely not even want to lease the surface. ... | |
| Legal Land Description to mineral rights | 11/17/2007 |
| Q: My Grandmother(Native American) was the recipient of the monies from a sale of mineral rights to 80 ... A: Deborah, sounds like you will need an attorney to figure this one out. It may not be worth the cost, ... | |
| Legal Land Description to mineral rights | 11/16/2007 |
| Q: My Grandmother(Native American) was the recipient of the monies from a sale of mineral rights to 80 ... A: Deborah, If you knew about where the land was you could possibly go to the Stephens County ... | |
| Partial ownership - can we drill? | 11/15/2007 |
| Q: My mother owns 25/36th's of a parcel of land in Louisiana that is believed to contain oil. She is ... A: Dominic, they will likely force-pool anyone who they can't get a lease from so to answer your ... | |
| oklahoma okfuskee county sec 5 11n 10e | 11/14/2007 |
| Q: I recieved a letter from a company wantigto lease my minerals they didn do thre homewor and said I ... A: Wes, if they did a title search, then they likely do have your interest correct. However, mistakes ... | |
| Determining oil & gas lease price? | 11/13/2007 |
| Q: Mr Scott; First of all I appreciate you response to my previous question regarding the oil and gas ... A: Larry, I hope I've gotten to you before the landman (or his boss) came to your house. It's true ... | |
| Oil, Gas and Mineral Lease | 11/12/2007 |
| Q: I own 8.3333% of the mineral rights in the 160.0 acres located in a part of the Robert Oates Survey, ... A: Kyle, I would suggest you check around with neighbors or local banks to see if the $300 is a fair ... | |
| depth restriction clause | 11/9/2007 |
| Q: My family has 150 acres in seciton 12,township 17N, range 13W,Blaine Co. We have been offered a ... A: Mel, first off, good for you for knowing the difference between "producing perforation" and "deepest ... | |
| Oil, Gas & Mineral Lease | 11/8/2007 |
| Q: My wife and I were offered a mineral lease contract of our 29.47466667 nma by OGM Land Co. The ... A: Larry, someone else asked me that same question today, so that "company" must be active in the area. ... | |
| Multiple Oil/Gas Mineral Leases | 11/7/2007 |
| Q: I signed a lease for my mineral rights a couple of months ago and received a signing bonus of $450 ... A: Toni, well, depending on what state you live in, you might be able to lease to another company if ... | |
| Pottawatomie County Royalty | 11/5/2007 |
| Q: Even after careful auditing of my deceased father's estate (2001), I have found a couple of royalty ... A: Emma, there are two, very small oil wells currently producing in the SW/4 of the section you ... | |
| Royalty | 11/1/2007 |
| Q: My husband inherited oil and gas royalties that his father owned. I think the contract was signed ... A: Karen, if the "contract" is a lease, then you are bound by its terms as well. Unless there are some ... | |
| Texas real estate purchase/sales contract | 10/31/2007 |
| Q: My family has just received a LOI to purchase a ranch in Texas which we inherited from our ... A: Kim, if there is oil and gas production near your property I would not sell ANY of the minerals, but ... | |
| leasing oil & gas rights | 10/29/2007 |
| Q: I was offered a certain amount per acre on a piece of property i'm closing on in 5 days, but told if ... A: Sherri, I'm sorry that you seem to have been pressured by the landman in order to get you to sign a ... | |
| mineral leases | 10/28/2007 |
| Q: What can you tell me about mineral leases in Atoka county (OK)? Is there a lot of activity in the ... A: Lisa, your minerals are just on the eastern edge of the "main" activity in Atoka County. Atoka ... | |
| royalty checks | 10/27/2007 |
| Q: I don't know much about natural gas wells, when they are actually considered "producing" wells, and ... A: Dan, in Oklahoma (my state) and in most other states, the lessee has six months from first ... | |
| Oil &gas lease | 10/26/2007 |
| Q: I own a small of mineral rights in caddo county ne corner sec 9 8 north 11 west thats right in ... A: William, there are no "gushers" at all in township 8N-11W that I know of. I also have not found ... | |
| mineral leases | 10/26/2007 |
| Q: What can you tell me about mineral leases in Atoka county (OK)? Is there a lot of activity in the ... A: Lisa, there are a lot of active areas in Atoka. Where are your minerals in Atoka County? Active ... | |
| 1-Year Oil & Gas Lease | 10/25/2007 |
| Q: I own 20 net mineral acres in Atoka County, OK (T3S-R9E). It’s currently under an Oil & Gas Lease ... A: Robert, you are correct, in essence, that the pooling would be based on the price of a three-year ... | |
| finding when drilling may start | 10/24/2007 |
| Q: My brother and I own 250 acres SW of Henderson, TX. there are five proven drill sites on this ... A: Elizabeth, you can simply call the owner-relations number at El Paso, or perhaps call their land ... | |
| Mineral RIghts | 10/22/2007 |
| Q: I live in Clinton Arkansas and I am needing to find out who has our mineral rights, and how we can ... A: Shanna, if you want to find out who owns the minerals your family apparently used to own, your best ... | |
| NPRI in texas | 10/21/2007 |
| Q: Mr Scott, I have 11/160th, Perpetual NPRI in 2 separate tracts totaling 34.94 acres-Bastrop county, ... A: Kathy, I am not an expert on Texas pooling laws, but I can tell you that Texas does in fact have ... | |
| Oklahoma, Bryan County, Section 13 8E 8S | 10/20/2007 |
| Q: I have been offered $250 per acre and 3/16 for mineral rights per acre plus possibility of 2 year ... A: Mary, not much leasing activity in that area right now, which means little competition for that $250 ... | |
| Mineral Lease | 10/19/2007 |
| Q: My wife and two other relatives inherited mineral rights in Converse County, WY (T-34N, R-70W, ... A: Bert, I am not too familiar with Wyoming. I can tell you though that I would not sign a five-year ... | |
| mineral rights | 10/17/2007 |
| Q: I own 20 acres in etowah county alabama and have been contacted by an gas company rep to lease my ... A: Kevin, I would first check around with some other companies who might be leasing in the same area ... | |
| RFP on leasing | 10/15/2007 |
| Q: I own 800 acres with o&g rights in Washington county just west of Pittsburgh. Over the years ... A: Warren, I would find out who's doing the leasing in the area, and contact them all to "shop them ... | |
| Rights of the Non-mineral owner | 10/11/2007 |
| Q: My father owns land in Texas but does not own the mineral rights. A production company is wanting to ... A: Randy, the mineral estate is the "dominant" estate. Therefore, your Dad cannot keep someone from ... | |
| Leasing mineral rights | 10/10/2007 |
| Q: I, along with a dozen realitives, own mineral rights of a specific property in Oklahoma. In 2005 an ... A: Carol, yes you can lease your rights to anyone you like. If you do nothing, and since you have not ... | |
| Oil & Gas Lease Payment | 10/8/2007 |
| Q: My wife has lease offer on an undivided 8.888890 net mineral acres interest in Stephens County ... A: Jim, I think I can help you fairly quickly (and probably for free) via a phone call. Just have your ... | |
| Oil & Gas Lease Payment | 10/7/2007 |
| Q: My wife has lease offer on an undivided 8.888890 net mineral acres interest in Stephens County ... A: Jim, they are both the same. It's just two offers, worded differently. She would receive about $1333 ... | |
| oil and gas lease | 10/6/2007 |
| Q: My Brothers and I received a letter from Chesapeake Energy wanting to know if we were interessted in ... A: George, if your interests are in the west 1/2 of the section, then you may have been "force-pooled" ... | |
| Royalties in Texas | 10/4/2007 |
| Q: Our wells were finished about May of this year. We have recieved a DO yet. They have just now ... A: Beverly, you would want to contact the operator of the well and ask them about the "output." The ... | |
| please define this for me | 9/30/2007 |
| Q: What is a “delay rental”? A: "Delay rental" is a term used to describe the nominal payment made to a lessor in order to keep the ... | |
| Selling mineral rights | 9/29/2007 |
| Q: My great uncle purchased many plots of mineral rights in Eastern Montana and Western North Dakota in ... A: Sonja, I am in Oklahoma and so do not know of any buyers up North really. I do however; have some ... | |
| Gas lease | 9/26/2007 |
| Q: I own 22 acres in WNY that a company wants to lease for gas exploration, but I bought the land on a ... A: Steve, without checking the land records all the way back to "patent," it's difficult to say FOR ... | |
| Free gas in West Virginia | 9/24/2007 |
| Q: We have been looking for property in West Virginia and have noticed that several parcels advertise ... A: Melvin, some properties have producing wells on them, and the landowner gets "free gas" as part of ... | |
| oil & gas lease agreement | 9/21/2007 |
| Q: Greetings, Thank you for your time and forgive me if this question as been asked before. I ... A: Jeff; DON'T consider participating in the well unless you have working knowledge of the oil and gas ... | |
| In consideration of $10.00 | 9/20/2007 |
| Q: I recently received an offer from T.S. Dudley to enter into a 4 year lease on a 320 acre parcel of ... A: Sean; The landman is correct in stating that the actual lease bonus is not mentioned in the lease ... | |
| Mineral rights in Colorado | 9/19/2007 |
| Q: Mr. Scott, My family are the beneficiary's of an oil and gas trust with properties in Texas, New ... A: Blaine, I take it you want to find out what minerals the trust owns in the state of Colorado? My ... | |
| Two Leases on one property? | 9/19/2007 |
| Q: My question is simple. I own a 1/4 acre tract of residential property in Texas. I have previously ... A: Stephen, when does your current lease expire? If it's near expiration then it's possible that ... | |
| Transfer on mineral ownership | 9/18/2007 |
| Q: My deceased brother owned about 8 acres of minerals in Hughes county, Ok. and died without a will. ... A: If your brother died without a will, then the laws of "intestate succsession" apply. In other words ... | |
| Validity of 1940 gas and oil lease | 9/17/2007 |
| Q: We had an offer to lease our mineral rights on two acres in Keller, TX. However, there is a 1940 oil ... A: Teresa, you might want to check for previous reservations of the minerals between 1940 and when you ... | |
| ogm, west virginia | 9/16/2007 |
| Q: I receive royalties from three natural gas wells of $256 per month and I currently have a company ... A: Gary, most potential purchasers of producing properties will offer to pay 48 or so times the average ... | |
| Half the Mineral Rights were Leased....now what? | 9/15/2007 |
| Q: Here is the situation. One tract of land, two owners, one owner leases mineral rights, other owner ... A: Sorry I can't be much clearer, but there is missing information that could change the answer. I ... | |
| researching mineral rights | 9/15/2007 |
| Q: How much does it cost to have someone who is knowledgeable research the deeds to determine mineral ... A: In Oklahoma, and most other oil and gas states; a “landman” is who you'd want to do this for you. ... | |
| Oil and Gas Lease | 9/14/2007 |
| Q: I have recently received a royalty deed to property in Henderson County, TX. It is about 80 acres in ... A: Heather, does this trust of your grandfather’s receive its own share of royalty payments from these ... | |
| Half the Mineral Rights were Leased....now what? | 9/13/2007 |
| Q: Here is the situation. One tract of land, two owners, one owner leases mineral rights, other owner ... A: If lease is still in effect, New Buyer cannot prevent drilling. New buyer assumed lease. Mineral ... | |
| mineral leases | 9/13/2007 |
| Q: i own about 48 acres of minerals in Atoka county i have been offered 200 dollars per acre bonus and ... A: Kerry, I just now answered a question very similar to yours (i.e. “Is this a fair bonus”) and so I ... | |
| locating a lease | 9/12/2007 |
| Q: My grandfather owned a lease in Logan county, Oklahoma(oil & gas). It was in his name and my ... A: Jane, To find the lease (and the legal description) you will need to go to the Logan County ... | |
| Canadian County Oil and gas lease | 9/11/2007 |
| Q: From my review of prior answers you seem very knowledgeable about the Oklahoma mineral market I ... A: Michael, you are correct that this is not a very active area. Most of the activity (as you likely ... | |
| Oil & Gas Lease Auction | 9/10/2007 |
| Q: What do you know about a "Lease Auction" in Coalgate, OK? I am in the real estate business and have ... A: Bob, it's possible someone has bought some of the State's leases, or some private leases, and is now ... | |
| Gas Lease | 8/30/2007 |
| Q: I attended a meeting by a gas drilling company offering a lease. One question raised was regarding ... A: Ask them what they mean by "transfer cost." That could mean several things, and only they know what ... | |
| Oil & Gas Lease | 8/29/2007 |
| Q: My husband just received a letter and oil and gas lease from TS Dudley. The land is only 5 acres and ... A: With five acres, I'd try to get a 3/16th's royalty if possible instead of just 1/6th. White county ... | |
| Bought land and Mineral rights but a lease was already in place | 8/29/2007 |
| Q: Can you please explain to me this. We purchased land in Johnson County, Texas. With the purchase we ... A: Melinda, If there is in fact a current lease on your property, you could ask the landman you spoke ... | |
| How to find a good oil and gas attorney | 8/28/2007 |
| Q: My question is a general one, so the answer might help others as well. I own some mineral rights ... A: Your state's bar association may have some recommendations as to "oil and gas" attorneys. ... | |
| Fair Price | 8/28/2007 |
| Q: My brother and I have just been contacted about leasing our rights. My questions how do we know the ... A: Terri, The Company is probably "legit" but you might want to ask around a bit if they are not a ... | |
| Oil & Gas Atty Fees | 8/26/2007 |
| Q: Mr Scott: Thanks for your informative answer to Mr. Laird. I am in a similar situation. My ... A: Larry, To answer your question, I think most oil and gas attorneys would charge you at least a ... | |
| Chesapeake wants to drill a well on my property.. | 8/24/2007 |
| Q: My questions are....Is Chesapeake a viable and reputable company with funds? I only own 1 acre, but ... A: Delano, Chesapeake is a large independent oil and gas company based in Oklahoma. People's opinions ... | |
| Oil & Gas Lease Offer | 8/18/2007 |
| Q: My wife inherited mineral rights in Stephens County, OK ...Section 10-2S-8W for undivided 8.888890 ... A: Jim, Once you make an “election” they will then send you the actual lease to sign, reflecting ... | |
| Lease Questions from KY | 8/17/2007 |
| Q: Frederick, My cousins and I were left mineral rights to 120 acre tract of land in Elliot County KY. ... A: John; T.S. Dudley Land Company is a “broker” hired by some oil company or perhaps a speculator to ... | |
| Oil & Gas Lease Offer | 8/16/2007 |
| Q: My wife inherited mineral rights in Stephens County, OK ...Section 10-2S-8W for undivided 8.888890 ... A: Jim, most, if not all of the recent leasing in your area is being done by Chesapeake. This means ... | |
| Calculating acreage from mineral interest | 8/10/2007 |
| Q: I'm in the process of selling my interests in three sections in Woods County, Oklahoma. One of the ... A: Leona, though you didn't say for sure, I suspect the decimal you gave was your "decimal interest" ... | |
| Oil lease and royalties | 8/9/2007 |
| Q: I own .245 net mineral acres of a 640 acre tract in Lea County New Mexico. I have a 3 year lease ... A: Dave, "$10...and other good and valuable consideration" or something like that, is a fairly standard ... | |
| Royalty Question in Barnett Shale | 8/8/2007 |
| Q: Frederick, my question is simple, but I've had a hard time finding the answer. I'm trying to ... A: Okay, to estimate your royalty payment you first should know your "decimal interest" in the unit. ... | |
| Pottawatomie County lease offer | 8/6/2007 |
| Q: we have mineral interest in 11.875 acres, section 09-08N-R02E, and have been offered $100/acre, 3 ... A: Jim, unfortunately your minerals are not in one of the "hot" areas. The $100 may indeed be the going ... | |
| Oil lease and royalties | 8/4/2007 |
| Q: I own .245 net mineral acres of a 640 acre tract in Lea County New Mexico. I have a 3 year lease ... A: Dave, sounds like Nantucket is offering to buy whatever royalty you might be entitled to from any ... | |
| Mineral rights leasing | 8/3/2007 |
| Q: Mr. Scott, I am an Elder and Treasurer of Inola Christian Church, 10 acres in Rogers county, Ok. We ... A: Roy; I am not familiar with Universal. All points in a lease are negotiable, it just depends on how ... | |
| royalty payments | 8/2/2007 |
| Q: We just received our firt royalty check but we are not sure how it works. since the well went online ... A: In Oklahoma anyway, you must be paid within six months after first production. The first check will ... | |
| Gas lease in Pittsburg County, OK | 8/2/2007 |
| Q: Mr. Scott My wife has the mineral rights on 36.25 acres in Pittsburg County, OK close to Haleyville. ... A: Ricky, unfortunately you are not in one of the “hot” areas right now. There are currently no other ... | |
| Oil/Gas Lease | 7/20/2007 |
| Q: My sisters and I have been contacted about signing a "Paid Up Oil and Gas Lease" for 145.70 acres in ... A: Mary, though I am not familiar with activity in Burleson County, Texas I would suggest you think ... | |
| Oil/Gas Lease | 7/17/2007 |
| Q: My mineral rights are in Kingfisher OK 2 yrs ago I lease my part for $50/acre/2yr. Only because my ... A: I have some ideas for you, though I don't know exactly where your minerals are located. I'm assuming ... | |
| Oil and Gas Leases | 7/14/2007 |
| Q: I’m the Trustee of a Family Trust that owned a 20 net mineral acre interest in a particular section ... A: Robert, First, I commend you and thank you for presenting your question so clearly. I do have a ... | |
| Mineral rights leasing | 7/13/2007 |
| Q: Mr. Scott, We have received a letter from Lowry Land Co., Inc., on behalf of the Chesapeake ... A: Jim, Depth clauses are very important in an oil and gas lease, though many mineral owners don’t ... | |
| Mineral rights leasing | 7/13/2007 |
| Q: Mr. Scott, We have received a letter from Lowry Land Co., Inc., on behalf of the Chesapeake ... A: Mr. Craig, Chesapeake is doing almost ALL the leasing in your area currently. Normally I would ... | |
| definition of words | 7/12/2007 |
| Q: I am just trying to understand the meaning between mineral rights and royalties.We just went through ... A: Juan; The owner of a mineral interest actually owns the minerals under the ground and also has the ... | |
| arkansas mineral rights | 7/12/2007 |
| Q: I live in Atlanta and was recently contacted by attorney representing an oil and gas co. He said he ... A: I would suggest you call the attorney back and ask exactly what is meant by "splitting interest." I ... | |
Oil/Gas
Answers by Expert:
Frederick M.
Top Expert on this page
©2012 About.com, a part of The New York Times Company. All rights reserved.