| Subject | Date Asked |
|
| 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. ...
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| 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 ...
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| 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 ...
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| 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, ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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, ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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) ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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. ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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, ...
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| 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: ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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. ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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: ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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, ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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. ...
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| 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, ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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. ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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" ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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. ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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. ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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" ...
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| 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 ...
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| 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. ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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| 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 ...
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