About Experts Sitemap - Group 38 - Page 49 2014-12-16

Oil/Gas: leasing mineral rights, lease negotiations, mineral owners
lease negotiations, mineral owners, market feedback: Dear Stewart: I presume you do not live on the land and do not have contact with other mineral owners-they tend to be the best source of information. I am aware that there is quite a bit of leasing activity in Leon County and that prices for leases are high....

Oil/Gas: leasing oil & gas rights, frederick scott, bad business
frederick scott, bad business, legal description: Sherri, I m sorry that you seem to have been pressured by the landman in order to get you to sign a lease. Bad business in my opinion. Perhaps the offer would have gone down as he said, but you could have likely still leased the minerals to another company...

Oil/Gas: legal description and percentage of interest, mineral deed, great grandmother
mineral deed, great grandmother, managing trust: Dear Lynn, An accurate property description is one of the most important aspects of a conveyance, even though this is a trust to trust transfer. A defective or vague description is one of the most frequent instances of title failure. In order to avoid...

Oil/Gas: liability of land owner, rocky mountain states, limited liability company
rocky mountain states, limited liability company, federal leases: I am not at all familiar with California regulations and I am not even certain on where to go online to research it. I have worked on several projects in California but they all were on state or federal leases. However, the Gulf Coast and Rocky Mountain...

Oil/Gas: How to locate all the survivers?, public information sources, fellow researcher
public information sources, fellow researcher, private investigators: Hi Curtis, I seem to have come in after the fact on this one. Looks like you have a well that you need to know who, what, where, and when anyone has a claim on. You r just going to have to start searchin with the process of elimination. I suggest you start...

Oil/Gas: locating a lease, logan county courthouse, logan county oklahoma
logan county courthouse, logan county oklahoma, mineral deed: Jane, To find the lease (and the legal description) you will need to go to the Logan County courthouse where it is filed, and search the index books for the names of your grandfather and father. The ladies working at the courthouse will help you...

Oil/Gas: How long to drill well in Southern Oklahoma, information reg, drilling conditions
information reg, drilling conditions, consulting engineer: Anneliese. Your question re-appeared to me as an unanswered question, so I am resending my inititial reply. Answer: Anneliese. Congratulations, you are the beneficiary of heated competition for your minerals! If I had to place a bet, I d bet that Chesapeake...

Oil/Gas: How long to drill well in Southern Oklahoma, drilling conditions, consulting engineer
drilling conditions, consulting engineer, toolpusher: Anneliese. Congratulations, you are the beneficiary of heated competition for your minerals! If I had to place a bet, I d bet that Chesapeake was the lessee. But that s off the track. Regarding your question of how long to drill. The time to actually...

Oil/Gas: looking 4 gas or oil, petroleum geologist, independent professional earth
petroleum geologist, independent professional earth, earth scientists: Jeff: This question is too long and involved for me to answer. I suggest you contact a qualified consulting petroleum geologist who may be able to assist you. You may find one by visiting the website for the Society of Independent Professional Earth Scientists...

Oil/Gas: lost/old oil rights, sulphur springs texas, frederick scott
sulphur springs texas, frederick scott, final decree: Dana, unless such informaation has been put online, you d need to take a trip to the courthouse in the county where the minerals are located and look up the deed granting your father this interest. On that deed (Final Decree, Will Etc.) you d find the legal...

Oil/Gas: lubricant additives, lubricant additives, major oil companies
lubricant additives, major oil companies, lubricating systems: Advantages, none Disadvantages, wasting your money, possible damage to your lubricating systems The major oil companies research thier products thourghly. There is nothing you can add to the right application of product to make it any better. There is...

Oil/Gas: lubricant substitution, conversion chart, vitrea
conversion chart, vitrea, reinach: Alex They have given you quite a selection. First, her is an ISO SAE conversion chart http://www.bobistheoilguy.com/visc.html Just run a line across the chart on your selected ISO to the SAE listing. However the viscosity of the product is only one of...

Oil/Gas: lubricants, oil analysis programs, hydrocarbon molecules
oil analysis programs, hydrocarbon molecules, texaco products: You asked this question on 12/29, here is a copy of the answer I gave: Bill, OK youve asked the question of the century. All the marketing hype in the media has everyone wondering what to do. First if you have a brand new engine, run the current installed...

Oil/Gas: MINERAL RIGHTS, mineral rights, landman
mineral rights, landman, tarrant county: You will receive $1450 and .11250 of the royalty attributable to your tract. Go to the Tarrant County or whichever is appropriate and look up the deed that the minerals were reserved. Ask the landman for the book and page the deed is located. If he told...

Oil/Gas: MINERAL RIGHTS, crowley louisiana, mineral owner
crowley louisiana, mineral owner, drilling costs: If there is already a unit formed and approved by the Conservation Dept., which there probably is, you are in the unit. What they can do is treat you as an unleased mineral owner. They can charge you for your proportional part of the cost of drilling, completing,...

Oil/Gas: MINERAL RIGHTS OWNED, county appraisal district, sisters names
county appraisal district, sisters names, land men: Dear Melinda, You were contacted because you are the record title owner of the property. I do not know where the lands are located, but in most states, land records are filed in the office of the county/parish clerk, not necessarily in the tax office or...

Oil/Gas: MINERAL RIGHTS, conveyance documents, commercial quantities
conveyance documents, commercial quantities, mineral owner: James. To my knowledge, mineral rights do not expire. A person owns them just like surface real estate. In fact, you may hear ownership of real estate and mineral estate . Regarding expiration, you are probably thinking of a Lease . In the normal...

Oil/Gas: Mineral Acre, mineral acres, acre tract
mineral acres, acre tract, acre of land: A mineral acre is the same size as an acre of land. If more than one owner has mineral interest in a tract of land, their ownership is considered undivided. If three people owned undivided mineral interests in a tract of land containing 100 acres with...

Oil/Gas: Mineral Deeds, probate estate, title examiner
probate estate, title examiner, property attorney: Dear Renee. You did not mention where the property is located, so it is hard to be specific, but 1. an inheritance transaction should have been filed by the lawyer who handled the probate estate. 2. The county recorder will probably help you find the...

Oil/Gas: Mineral deeds, metes and bounds, metes and bounds description
metes and bounds, metes and bounds description, hughes county: Your deed has a description of the lands. If it is a metes and bounds description, plat it out and do the geometry for sq ft and divide it by 42560. If it is in lots and blocks, there are subdivison plats of record. If it was ever leased, the lease contains...

Oil/Gas: Mineral Interest Lease, grant county oklahoma, oklahoma section
grant county oklahoma, oklahoma section, mineral interest: Ask for $200 and 1/5. You are under a quarter of a section and that gives you some leverage. The down side is that there has never been a well drilled in that section and there are wells all the way around it. If the bow up and refuse your counter offer,...

Oil/Gas: Mineral Lease, mineral deed, little bob
mineral deed, little bob, mineral interests: James. Mineral rights are held in title just like real estate. Usually ownership of these is conveyed from one part to another with a mineral deed conveyance document. Therefore, you probably need to contact a title attorney experienced in mineral interests...

Oil/Gas: Mineral Lease, company landmen, cherokee county
company landmen, cherokee county, yellow cross: Solid yellow is leased 100%, yellow cross hatched means a partial lease. It appears that most of the lessors in the Ragsdale and the Duncan Surveys got 1/5 royalty and a three year lease. I assume it has an option for 2 years. Chesapeake has changed company...

Oil/Gas: Mineral Lease, mineral lease, jacksonville texas
mineral lease, jacksonville texas, acre tract: Counter offer $250 per acre and 1/4 royalty. You will be the last one they will lease, but if you tell them what it will take to get your signature on that lease, before it s all said and done, they will give you what you asked for. Of course they will tell...

Oil/Gas: Mineral Lease, converse county wy, company leasing
converse county wy, company leasing, cold area: Bert, I am not too familiar with Wyoming. I can tell you though that I would not sign a five-year lease ANYWHERE for only $200 an acre. For that matter, I will usually not consider a five-year lease at all. Three years is the most common, and I d insist on...

Oil/Gas: Mineral Lease Offer, mineral lease, laying pipe
mineral lease, laying pipe, drilling company: Dude, reality check. You have 2.53 acres. You will be in a unit of over 600 acres. If you had 253 acres, you would have some stroke. Get a Pugh clause and a horizontal Pugh clause, a no surface use clause and strike out laying pipe lines in the first...

Oil/Gas: Mineral Lease offer, mineral lease, westchester area
mineral lease, westchester area, park cities: All I know is they are leasing in Dallas County and paying $2500 per acre and 22% royalty. They have a website and have never drilled a well in Texas. On their website, the refer to some affiliation with Barrow-Shaver Oil Company, Tyler, TX, an established...

Oil/Gas: Mineral Lease in Wyoming, converse county wy, mineral lease
converse county wy, mineral lease, mineral rights: You own an undivided interest in a tract of land with other co tenants. It doesn t matter what the others do. Ask for $300 for a three year lease with an option to extend for two years at $300.00 and 1/5 royalty. If you hold out long enough you will get...

Oil/Gas: Mineral Lease, cherokee county tx, acre tract
cherokee county tx, acre tract, interest owner: Dear Henry, what happens depends on whether your land is included in a unit for drilling. If it is not, then nothing will happen. If it is, then you will be treated as if you were a working interest owner , on the same footing as Chesapeake, and will be...

Oil/Gas: Mineral Leasing, oklahoma corporation commission, mineral leasing
oklahoma corporation commission, mineral leasing, bonus payment: Part of that section is already unitized in a producing unit covering several sections under order no 540575. You can read this order online at the Oklahoma Corporation Commission website. There has been leasing in the section, but I have no way to determine...

Oil/Gas: Mineral leasing in Louisiana, mineral leasing, deposit draft
mineral leasing, deposit draft, draft check: Check the lease and the addendum to be sure they did not add a paragraph changing your royalty. It was probably an oversight. If they didn t, then legibly print in the bottom of the space in the upper half of the first page normally reserved for the description...

Oil/Gas: Mineral RIghts, frederick scott, clinton arkansas
frederick scott, clinton arkansas, best bet: Shanna, if you want to find out who owns the minerals your family apparently used to own, your best bet would be to visit the courthouse in the county where the minerals are located. There, you can do a search of the records, probably starting in the 1940...

Oil/Gas: Mineral Right Ownership, de soto parish, oak timber
de soto parish, oak timber, landmen: You say you kept the mineral rights and Red Oak says you didn t. Call the De Soto Parish Clerk of Court in Mansfield, and ask them to make you a copy of the deed from 2000. It will cost you $1.00 per page. Send them the money and they will send you the...

Oil/Gas: Mineral Rights, rightful heirs, leasing broker
rightful heirs, leasing broker, title documents: My apologies for my delayed reply to your question, but I have been away from my normal routine for several days. I must first reply with a caveat. The information and opinions I offer are not meant to provide direct investment or financial advice. Please...

Oil/Gas: Mineral Rights, ouachita parish louisiana, northwest quarter
ouachita parish louisiana, northwest quarter, mineral rights: Shirley, This is a note from one of my researchers Brad, It looks as though both sections are held by production. As you can see by the file labeled 29-17-1e unit, the unit contains both sections. Production has been going on since at lease the 1970...

Oil/Gas: Mineral Rights, mineral owners, landmen
mineral owners, landmen, houston co: Renee, Each area is unique as for as the acceptable terms. First of all, in all cases I would ask the landman if they have paid or offered anyone more bonus or royalty than what they are offering you. They should give you an honest answer. You can...

Oil/Gas: Mineral Rights, oilgas, economic factor
oilgas, economic factor, dnrc: Heather, I am most familiar with markets in Texas and Louisiana. There are some places you can look to get a feel if you are being offered a fair market price. First, let me say that the royalty is the most important economic factor, so try to maximize that....

Oil/Gas: Mineral Rights, industry ministry, western oklahoma
industry ministry, western oklahoma, mineral rights: Dear Samuel: As I m not living in the US nor acquainted with its mineral rights, I can t give you a clear answer. However, generally, when you find a mineral which is economic (I mean it can be extracted and sold with a reasonable returning fund), you...

Oil/Gas: Mineral Rights, deceased father, mineral rights
deceased father, mineral rights, stepdaughters: Well, the distribution sounds as it might be right as it is a matter of law but this differs from state to state and as to how it may have been directed by a will. Check with a lawyer in the locality which has jurisdiction (where it was adjudicated or West...

Oil/Gas: Mineral Rights, barnett shale gas, barnett shale play
barnett shale gas, barnett shale play, city of heath: Tim. This question is too complex for me to answer simply. I think you ought to engage an experienced oil and gas attorney who can guide you on mineral rights and the statutory access to these by owners. Also, you may need to consider current oil and gas...

Oil/Gas: Mineral Rights, mineral interest, mineral rights
mineral interest, mineral rights, oil company: I don t understand your question. Who asked you to do this and why? Other than valuing your deceased grandmother s estate, I can t imagine who would want to know. I am assuming your father or mother was an only child and is deceased or deeded you their interest...

Oil/Gas: Mineral Rights, oklahoma tax commission, pittsburg county
oklahoma tax commission, pittsburg county, escrow account: I have done some research on your question. I need to ask you more questions, such as (1) Is your interest leased? (2) what is the date of your lease and how much acreage does your lease cover and what are the terms of your lease? Have you received correspondence...

Oil/Gas: Mineral Rights, surface owner, title attorney
surface owner, title attorney, mineral rights: Ms. Edward. Your question is best answered by a qualified Title Attorney who knows the laws of the state your parents live in. From your question, it seems you are wondering if the mineral rights would somehow default to the surface owner. I m sorry I...

Oil/Gas: Mineral Rights...., barnett shale, harding company
barnett shale, harding company, title insurance policy: Go to the County Clerk s office and research the title to the land from about 1900 or read your title Insurance Policy exceptions and see who got them when they were severed from the surface. Then run those names forward. There are a number of websites that...

Oil/Gas: Mineral Rights, rio vista texas, county plat
rio vista texas, county plat, oil lease: It sounds like someone has reviewed a county plat book that is commonly made available in many counties. These usually show surface real estate ownership for tracts larger than say, ten acres. Some oil companies start here and contact surface owners with...

Oil/Gas: Mineral Rights, hughes county oklahoma, oklahoma corporation commission
hughes county oklahoma, oklahoma corporation commission, mineral acres: That section was forced pooled by Newfield on Sept. 11, 2007, under order no. 544038, cause no. 200704820T. The Oklahoma Corporation Commission website has these orders. You might want to check the missing owners site to see if they have escrowed your bonus...

Oil/Gas: Mineral Rights, american association of professional landmen, old friends and relatives
american association of professional landmen, old friends and relatives, rare occurrence: Bruce, If your father reserved minerals in Arkansas and provided no one had previously reserved them and there wasn t a stated term on the reservation, (a rare occurrence) then his ownership of those minerals would be in perpetuity and would now be owned...

Oil/Gas: Mineral Rights, petroleum landmen, title attorney
petroleum landmen, title attorney, mineral rights: Jerry, this is really outside my expertise, and there are a couple of other experts who are petroleum landmen who may be able to give you a very good answer. I think the way to find out is to research title to the minerals. An oil and gas title attorney...

Oil/Gas: Mineral Rights, oil and gas exploration, seller reserves
oil and gas exploration, seller reserves, productive area: Dear Blake, They either don t want the minerals or they have erred in the language in their offer. While the term minerals is general and inclusive in nature, I would be more specific, such as Seller hereby reserves and excepts from this conveyance all...

Oil/Gas: Mineral Rights, royalty money, mineral owners
royalty money, mineral owners, lawful owners: Greg. There are many paths you could take. All of them will be greatly assisted if you have as many documents as possible of the chain of title from your father to your mother to you AND a copy of the oil and gas lease for the tract on which there appears...

Oil/Gas: Mineral Rights, mineral rights, landman
mineral rights, landman, best of luck: Terri, You could hire a landman or a real estate or oil and gas attorney to research this for you. Or you could go to the courthouse and ask a clerk to show you how do to this. The second option is of course free. But like mom says, you get what you...

Oil/Gas: Mineral Rights, gas rigs, mineral rights
gas rigs, mineral rights, hot issue: Whee... Mineral rights in Oklahoma must be a hot issue these days. Generally, when the rights to something are sold such as mineral rights, there is a written document which spells out the terms. Both parties should have a copy of this transaction. Or, if...

Oil/Gas: Mineral Rights in Big Horn County, WY, big horn county, southeast quarter
big horn county, southeast quarter, royalty payments: I don t have a database for Wyoming, which is almost all State or Federal lands. This may have been an override from a Federal or State Lease or it could be a mineral interest. Other than researching this at the county courthouse, I don t know what you...

Oil/Gas: Mineral Rights/Drilling??, soil layer, surface soil
soil layer, surface soil, mineral rights: Again, somewhat out of my area but let s see. Without some provisions in the deed for the mineral rights, the answer in likely to be yes. And when used as mineral rights, drilling for oil and gas is not the only things that qualifies as minerals. As an...

Oil/Gas: Mineral Rights and Executive Leasing Rights, executive leasing, royalty interest
executive leasing, royalty interest, mineral rights: There have only been two wells permitted in Wells County the past 1000 days. Not exactly a hot bed of oil & gas activity. Past experience has taught me that the simpler a deal is, the easier it is to enforce. Tell your lawyer that you want to purchase...

Oil/Gas: Mineral Rights Fayette County Pa, fayette county pennsylvania, fayette county pa
fayette county pennsylvania, fayette county pa, dear max: Dear Max: Your question is a real estate question. Real estate agents have access to the sale prices for similar property in the county. A real estate agent is the quickest and most comprehensive source of up to date information on recent sales. I doubt a...

Oil/Gas: Mineral Rights in Illinois, mineral rights, lease agreements
mineral rights, lease agreements, nice family: Sue, I am playing catch up after a nice family vacation in Colorado. However, I did make time to type the answers to your questions, last night, however, when I cut and pasted them into a word file this morning, to spell check I lost the document. Please...

Oil/Gas: Mineral Rights Lease, heir property, mineral acres
heir property, mineral acres, landman: Your landman is a liar. If he will put what he told you in writing, I may retract that statement. Tell him to go ahead and drill without your mother. Tell your mother to tell the landman exactly what she wants to lease. If the landman turns it down, I...

Oil/Gas: Mineral Rights Lease, mineral law, onshore oil
mineral law, onshore oil, western portion: Peter. I m going to guess you are located in the western portion of the panhandle, which is where nearly all of the onshore oil & gas is in Florida. Your lease may specifically say it s for oil and gas , but for your peace of mind, I suggest consulting...

Oil/Gas: Mineral Rights Lease, devon energy, bent county
devon energy, bent county, bowie tx: Dear Darryl, I got some new information. Barnett Exploration has taken some leases for the same terms offerred to you, however Other companies, including Devon Energy, have been offerring 3/16ths and sometimes 20%...

Oil/Gas: Mineral Rights For Lease., anschutz company, gillette wy
anschutz company, gillette wy, st th: Stan, A little out of my league but, you might try the Anschutz Company. (link)http://goliath.ecnext.com/coms2/product-compint-0000006953-page.html Philip F. Anschutz had a really good time in the 60 s around Gillette. (link)http://www.referenceforbusiness.com/history/St-Th/The-Anschutz-Company.html...

Oil/Gas: Mineral Rights in Louisiana, mineral rights, section 31
mineral rights, section 31, legis: Dear Mr. Simmons, Generally, the drilling of a well on adjacent land will not interrupt prescription on your land unless all or a part of your 158 acres is included in a voluntary or compulsory unit. The drilling of a well may interrupt prescription based...

Oil/Gas: Mineral Rights in Oklahoma, e mail notification, mineral rights ownership
e mail notification, mineral rights ownership, county courthouses: Sorry for the delay, my e-mail notification was not seen. To find mineral rights ownership you will need the legal description of the property and/or the deed volume & page where it is listed. The records depository is at county courthouses. If you do not...

Oil/Gas: Mineral Rights in PA, n pa, mineral rights
n pa, mineral rights, royalties: Dear Rhysa, Yes, there are laws and regulations in PA that are similar to those in Texas. There is a simple but good FAQ at the following web site which should help: http://www.dep.state.pa.us/dep/deputate/minres/oilgas/fs2834.htm I hope this answers...

Oil/Gas: Mineral Rights and Pooling, railroad commission of texas, petroleum engineer
railroad commission of texas, petroleum engineer, dear scott: Dear Scott, a lessor does not pool a lease, the lessee pools the leases that contain pooling provisions. This is usually done at the time of drilling and is approved by the Railroad Commission of Texas (the agency which regulates the oil and gas industry...

Oil/Gas: Mineral Rights Retention, pointe coupee parish, louisiana law
pointe coupee parish, louisiana law, surface owner: Lance, There are a few companies drilling wells around Judge Digby field in Pointe Coupee Parish. Under louisiana law the minerals will prescribe back to the surface owner, ten years from the date of the original severance (mineral reservation) unless...

Oil/Gas: Mineral Rights Royalties, canadian oil company, rights royalties
canadian oil company, rights royalties, county registrars: I believe she meant that your minerals were in, on and under the SE/4 of Section 33. Since sections are one mile square, each quarter section is 160 acres, consisting of four quarter, quarter sections of 40 acres. Each township is 36 square miles, consisting...

Oil/Gas: Mineral Rights regarding caves, petroleum geology, hydrocarbon production
petroleum geology, hydrocarbon production, mineral owners: Bill. As I said, I am not an expert on the breadth and scope of the rights of mineral owners, but I am sure that in Texas, there is an attorney who could probably render you an opinion over the phone at modest cost. In fact, I wouldn t be suprised if there...

Oil/Gas: Mineral Rights Sale VS Lease Value, woodbury texas, barnett shale
woodbury texas, barnett shale, petroleum landman: Terry. It is difficult to ascertain what is a competitive bid regarding an offer to lease minerals, unless you are in contact with other mineral owners within the same area who have also been recently leased (within the last 3 to 6 months). A good oil&gas...

Oil/Gas: Mineral Rights selling with land, reputable firm, leasing activity
reputable firm, leasing activity, mineral rights: Steve. Lavaca Co is in the region of Texas oil and gas production known as the Onshore Gulf Coast. There have been many oil and gas fields discovered in the county and I m sure it will continue to see its fair share of exploration and development. By your...

Oil/Gas: Mineral Rights in several states, dear sam, production history
dear sam, production history, mineral rights: Dear Sam, According to your description, you have to look up for the production history, if available. Otherwise, if there is not any record, you may have a site visit to ensure if there has been any production in the past. Based on this information, you...

Oil/Gas: Mineral Rights in Texas - assess value for estate, appleby tx, oil and gas prices
appleby tx, oil and gas prices, good starting point: Jenna. I am familiar with this process, but not an expert. However since you are seeking a rough estimate of the mineral value I ll share these thoughts. And by the way, if the minerals happen to be located in the area of a significant play that could...

Oil/Gas: Mineral Rights-back taxes, leasing agents, leasing agent
leasing agents, leasing agent, mineral rights: Frank, I would suggest you hire a real estate or oil and gas attorney to sort this out for you. The leasing agent should be willing to provide you with the title they did to save you certain of the legal fees. Make sure to get an estimate of costs from...

Oil/Gas: Mineral Rights Value, anadarko basin, value question
anadarko basin, value question, rule of thumb: Scott. Obviously finding that your lands are near recently discovovered production increases the possibility that more may be found on your land. It also increases the potential value of your minerals. I cannot comment on the proportionate scaling you have...

Oil/Gas: Mineral Rights, petroleum geologist, oil drills
petroleum geologist, oil drills, oilton oklahoma: Mr. Henderson. I am a petroleum geologist and I work in Tulsa and live in Coweta, so I am somewhat familiar with Oilton and the history of mineral ownership in our state. I must also state that I am not an expert in mineral ownership (title). That is more...

Oil/Gas: Mineral rights, dollar an acre, gas lease
dollar an acre, gas lease, well head: Dear Gary, The answer depends on many factors. The most important being (1) the timing of when each well goes on production, (2) the production rate from each well, (3) the net revenue interest you have in each well, (4) the netback price at the well head...

Oil/Gas: Mineral rights, faith attempt, faith effort
faith attempt, faith effort, surface owner: Sidney, You didn t say, but I assume the seller (and not some other previous owner) reserved the mineral rights. If so you need to look at the reservation in your deed and see what rights they have. If it is a simple reservation with no mention of...

Oil/Gas: Mineral rights, unclaimed org, mineral rights
unclaimed org, mineral rights, best of luck: Peggy, I need to get a description of the property and the parish or county and state in order to help you. How long ago did your Mom get the mineral rights? Do you have a copy of the deed? One of my favorite websites is www.unclaimed.org. You may...

Oil/Gas: Mineral rights, gas exploration companies, oil gas exploration
gas exploration companies, oil gas exploration, bryan county oklahoma: Ah yes Bryan County; I was there a few weeks ago. It s the worst the worst courthouse I have ever been worked. I would imagine that Pinson is a broker for one of the larger companies. Oil & gas exploration companies do not handle the field work themselves,...

Oil/Gas: Mineral rights, oil trucks, strange roads
oil trucks, strange roads, mineral owner: Anthony. Folks unfamiliar with the O&G industry do some strange things - sometimes out of ignorance, sometimes out of fear. Other folks cannot handle the fact that mineral owners have a right to access to their minerals especially in situations where the...

Oil/Gas: Mineral rights and ability to take home equity on home, home equity loans, gas lease
home equity loans, gas lease, mineral rights: I have never heard of an oil & gas lease ever having a negative effect on the ability to finance a home. If I were a lender, I would have a covenant that provided that a subdivision homeowner could not execute an oil & gas lease that gave the lessor s permission...

Oil/Gas: Mineral rights in Canada, mineral owners, gas lease
mineral owners, gas lease, mineral rights: Greg, I did some followup research for you. you may want to contact the Freehold Owners Association at www.fhoa.ca. They are mineral owners who may be able to give you advice in negotiating this oil and gas lease, or the landman association at landman.ca...

Oil/Gas: Mineral rights in Colorado, courthouse records, trustor
courthouse records, trustor, mineral rights: Blaine, I take it you want to find out what minerals the trust owns in the state of Colorado? My first stop would be the trustee of the trust, who will know (or SHOULD know) which minerals are owned in all the states. If not the current trustee, then the...

Oil/Gas: Mineral rights leasing, roy laird, bonus amounts
roy laird, bonus amounts, bonus rates: Roy; I am not familiar with Universal. All points in a lease are negotiable, it just depends on how much you have to bargain with and how good you are at it. 10 acres isn t much, but there are still things you should do to ensure you get a deal that is fair...

Oil/Gas: Mineral rights leasing attorney ?, woodford shale, rightful heirs
woodford shale, rightful heirs, overnight mail: William. You are finding out that you own mineral rights in a very active play in Oklahoma called the Woodford Shale Gas play This is what is driving the interest in your mineral ownership. Over the years, there has been little activity for the exploration...

Oil/Gas: Mineral rights leasing, acre plot, mineral acres
acre plot, mineral acres, james craig: Jim, Depth clauses are very important in an oil and gas lease, though many mineral owners don’t bother, or know, to include them. Depth clauses prevent your lessee from simply drilling a producing well and then holding your whole lease from the ground...

Oil/Gas: Mineral rights in MS, correlative rights, gravel road
correlative rights, gravel road, dear mike: Dear Mike, I ll need some additional information before I can answer your question. Is your mother s land leased to a company? (I assume it is not). Is it possible for you to get either the depth from which the gas well is producing or the total depth the...

Oil/Gas: Mineral rights and payout, pittsburg county oklahoma, hi bob
pittsburg county oklahoma, hi bob, new wells: Missy. Sorry for the delayed reply. I have had a very busy week. Please send me a private inquiry at info@kvrenergy.com and I ll see if I can shed any light on this issue for you. Please state your name and that you are following up from allexperts....

Oil/Gas: Mineral rights/ royalties, rights royalties, money amounts
rights royalties, money amounts, mineral rights: Dear Carol, The first question does not give me enough information to answer, but if you have 1/7th in a lot (I assume a lot is small..less than 1 acre) then it will not be worth much unless it is in the middle of a producing unit. I would need much more...

Oil/Gas: Mineral rights/seismographic survey, royalty owners, seismic company
royalty owners, seismic company, drilling rig: Carey. Ask a title attorney to review the document by which you were conveyed title to the 40 acres. It may or may not be clear whether you also own mineral rights. Please seek advise from your attorney (one experienced in oil and gas law for your state)...

Oil/Gas: Mineral rights, TX, texas railroad commission, state comptrollers
texas railroad commission, state comptrollers, storage boxes: Ms Hamilton. You will need the exact legal description of the property under which the minerals are owned. County, section, Block or Abstract, - terms like this. This will enable a search for the production records for oil and gas production. All oil and...

Oil/Gas: Mineral rights in the title policy, gas lease, mineral rights
gas lease, mineral rights, recording information: that won t be necessary, as your questions are answered already. Unless the minerals were excepted in the title policy, the present owner owns them, subject to an oil & gas lease. Within the next year an oil & gas well/wells will be drilled somewhere within...

Oil/Gas: Mineral rights, texas railroad commission, texas veterans land board
texas railroad commission, texas veterans land board, petroleum landman: Wesley. Unfortunately I am not an oil and gas title attorney or petroleum landman. These are the experts you need to contact to sort out your problem. A starting place might be the website of the Texas Railroad Commission, which is the body that regulates...

Oil/Gas: Mississippi mineral rights, mississippi law, lumber company
mississippi law, lumber company, mineral owner: There are probably a variety of legal theories in Mississippi law under which you could file an action. You will have to get a local attorney to look at this. The lumber company seems to be telling you that you were not part of the contract, therefore you...

Oil/Gas: Mneral Lease wth Separate Tract Clause, xto energy, mr mcconnell
xto energy, mr mcconnell, royalty interest: As a non executive mineral interest owner, you are entitled to the same per acre bonus as the executive rights holder. They have a fiduciary responsibility to you . You bring up a good point. I will look into the issue of your being HBP while the other...

Oil/Gas: Multiple Oil/Gas Mineral Leases, mineral leases, frederick scott
mineral leases, frederick scott, favored nations: Toni, well, depending on what state you live in, you might be able to lease to another company if the first company hasn t filed your lease of record in the courthouse yet. First one filed wins basically. Really best to just accept that you can t always...

Oil/Gas: Multiple Owners of Mineral Rights, logan county oklahoma, administrative law judge
logan county oklahoma, administrative law judge, oklahoma corporation commission: David. I can t speak for Texas, but in Oklahoma, if the mineral interest is part of a regulatory drilling and spacing unit, the holder of other valid leases may file for a Force Pooling with the Oklahoma Corporation Commission. Notice shall be given to...

Oil/Gas: Multiple wells per tract, texas rrc, xto
texas rrc, xto, share revenue: I assume you mean the XTO Basped Unit B4H well, permit #634991 , API #42-439-32038. The drainhole passes through tracts 1, 2, 3, 4, 37, 35 and 29. I only find one tract with 2.12 acres and that is tract 33. Szurex, et ux. The drainhole ends 406 short...

Oil/Gas: marketing - Exxon Mobile, nymex futures, exxon mobile
nymex futures, exxon mobile, integrated oil company: This is very broad question. For example. What are you marketing? Are you marketing upstream products like crude oil and natural gas produced by Exxon at the wellhead? Do you employ hedging instruments? Collars? Swaps? Puts? Calls? How does the NYMEX...

Oil/Gas: meneral rights, drilling unit, well head
drilling unit, well head, purchasing land: Dear Terry: I can not answer the question because critical information is missing. For example, is your land part of the drilling unit? Is there a house already using the gas from the well? Does the lease limit use to one house? Do you have a right-of-way...

Oil/Gas: mineral interest lease, oklahoma corporation commission, chesapeake energy
oklahoma corporation commission, chesapeake energy, mineral leases: You re in Oklahoma. It s a deal you can t refuse. If you check the Oklahoma Corporation Commission website, you will probably find that your section has already been unitized. Now they are going to drill a well in it and if you do not take one of these...

Oil/Gas: mineral interests, mineral interests, mineral rights
mineral interests, mineral rights, seminole county: I usually do not answer questions without a description. there are more than one Seminole County in America. You neglect to say that the seller reserved the minerals in the sale to you. If he died testate, whomever he willed it to and if he died intestate,...

Oil/Gas: mineral interests, pittsburg county, mineral owners
pittsburg county, mineral owners, mineral lease: If someone is offering to buy her minerals, then she probably owns them. She may not be leased. She may have unleased minerals in a unit that has a forced pooling and the offers came from the notices sent out naming unleased or unfound mineral owners. As...

Oil/Gas: mineral lease, barnett shale play, montague county tx
barnett shale play, montague county tx, mineral deed: They were extending the limits of the Barnett shale play in to Montague County. Someone may have drilled a dry hole or there was a well that had lousy production and perhaps the the company pulled in their horns and decided to wait and see, before spending...

Oil/Gas: mineral lease, mineral lease, section 33
mineral lease, section 33, section 28: It appears the play hasn t gotten to your township as of yet. The township north of you is leased and there are wells being drilled in the one north of that. If you are patient, there will probably be someone contacting you about a lease if the wells to...

Oil/Gas: mineral lease, dunn county north dakota, dickinson north dakota
dunn county north dakota, dickinson north dakota, mineral acreage: William. Since I am not a petroleum landman or title attorney, I cannot provide you a definitive answer, but if I needed to know who the other mineral owners were, I d have a landman or attorney (landmen usually cheaper) go to the courthouse and search the...

Oil/Gas: mineral lease, white county arkansas, mineral lease
white county arkansas, mineral lease, lease form: FOLLOW UP: Mary, I did receive your lease. It was pretty hard to read, as was the handwriting due to the transmission quality. However, I was able to read the lease enough to tell you what you might want to consider doing. This lease is pretty bad so...

Oil/Gas: mineral lease, gas leases, mineral owner
gas leases, mineral owner, mineral acres: Ron. I don t really see a question here, but I think you may be asking about the validity of the offer that you have before you? I ll interpret what I see in your question for you in oil field terms. Meanwhile, if you have been approached with an offer...

Oil/Gas: mineral leases, oklahoma corporation commission, company leasing
oklahoma corporation commission, company leasing, atoka county: Lisa, your minerals are just on the eastern edge of the main activity in Atoka County. Atoka County is newly active however, and so this activity may get closer to you as time goes on. There IS leasing activity near you however, which means you’re not in...

Oil/Gas: mineral leases, oklahoma corporation commission, due diligence
oklahoma corporation commission, due diligence, lessee: Kerry, I just now answered a question very similar to yours (i.e. “Is this a fair bonus”) and so I will repeat some of my answer to you here as it’s fresh on my mind and very good advice for all in OK who are approached by potential lessees. First thing...

Oil/Gas: mineral and property rights illegally sold??, wilson county courthouse, record books
wilson county courthouse, record books, paperwork: Frank, You need to hire a real estate attorney in the county where the property is located. Make sure you get an estimate of costs from him and that you can afford his services. The more infomration, paperwork, etc. you can provide, the easier it will...

Oil/Gas: mineral right question, legal location, title attorney
legal location, title attorney, right question: Steve. I suggest you do as much research into your family and family records as you can and see if you can narrow your search as to which county and better yet as to which section-township-and range (the legal location). I don t know the exact answer to...

Oil/Gas: mineral rights, grady county oklahoma, tax assessors office
grady county oklahoma, tax assessors office, deed book: Well ... As I always say, if it s a legal issue, get a good lawyer who knows about these situations. Meanwhile, if you can find the time, head on down to the county tax assessors office. If you have a map (survey) of the property, it will save a lot of...

Oil/Gas: mineral rights, mutual mistake, bonus money
mutual mistake, bonus money, mineral rights: Allen, The original Buy / Sell Agreement may have called for the seller to reserve the minerals, but the attorney failed to state this in the final agreement and this may be what they are relying on. I am not an attorney and you did not indicate what State...

Oil/Gas: mineral rights, royalty owner, royalty interest
royalty owner, royalty interest, royalty rate: Dear Donnie, you can get close, but not exact because the amount you receive depends upon several factors that may not be obvious to you as a royalty owner. The first is your net revenue interest (your net mineral interest in the minerals times your royalty...

Oil/Gas: mineral rights, grantor grantee, mineral deed
grantor grantee, mineral deed, mineral rights: Rose, I recommend hiring an oil and gas or real estate attorney when transferring oil and gas and/or real estate property rights. However, if you do not wish to do so you can go to the courthouse and get a copy of a mineral deed and type in your pertinent...

Oil/Gas: mineral rights., royalty owners, wooded land
royalty owners, wooded land, mineral rights: One possiblility would be to visit www.naro-us.org which is the website for the National Association of Royalty Owners. There are discussion groups or forums there and you might be able to learn something about mineral value in Pennsylvania. It makes a...

Oil/Gas: Who has the mineral rights, title attorney, mineral rights
title attorney, mineral rights, chumley: Carolyn, I do not have all of the facts to properly answer your questions therefore I have made some assumptions. First of all, it is very likely that someone who owned the property before you reserved the mineral rights and therefore would have the right...

Oil/Gas: mineral rights, tax assessors office, deed book
tax assessors office, deed book, mineral rights: Well this is really not my field but I don t like passing people around either. I assume from what you say that whoever was out there left a bunch of junk for the land owner (now you) to clean up. Well, that s just not right. Depending on where you...

Oil/Gas: mineral rights, estill county kentucky, appalachian resources
estill county kentucky, appalachian resources, royalty owners: Ella. It sounds like you are being asked to sell your mineral rights. This is different than leasing them to a company and retaining a royalty interest. I suggest you visit the website of the National Association of Royalty Owners or NARO . This site...

Oil/Gas: mineral rights, mineral rights, texas thanks
mineral rights, texas thanks, drill bits: Drill bits find oil & gas, everything else is hypothesis. In answer to your question concerning striking it rich with owning mineral rights in Texas I can tell you this: I have owned millions of acres of mineral rights and have only gotten production revenue...

Oil/Gas: mineral rights, gas leases, front porch
gas leases, front porch, dry hole: Oil and gas leases are traded among individuals and companies. there is no clearinghouse for oil & gas leases. I offered a man $10,000 dollars per acre for his lease, you could see the rig from his front porch. He owned 100 acres in southern Alabama. He...

Oil/Gas: mineral rights, mineral rights, info thanks
mineral rights, info thanks, legal description: Ronalee. Your question is a little unclear. Did your parents own mineral rights that were leased to an oil company? Or did they lease the mineral rights from another owner. Actually, I can give you an idea of the activity - but I need to know the...

Oil/Gas: mineral rights, acre tract, mineral owner
acre tract, mineral owner, ingress and egress: A surface owner cannot deny a mineral owner the right of ingress and egress to explore for and develop their minerals. If there is a well drilled on the 36 acre tract and it is a dry hole, a new ten year period of prescription by non use begins the day the...

Oil/Gas: mineral rights, knowledge area, naturalresources
knowledge area, naturalresources, virginia gov: Well this is really not in my knowledge area but I would contact these folks first. http://www.naturalresources.virginia.gov/index.cfm They may have some suggestions or other contacts. Sounds like you might want to contact a lawyer to. That way you can...

Oil/Gas: mineral rights, bee county texas, beeville texas
bee county texas, beeville texas, jane hoffman: As long as your grandfather is alive and competent, he can deed them to anyone. Upon his death, if he does not have a will, the laws of descent and distribution will pass ownership to his heirs under the law. In his case, this was separate property, so his...

Oil/Gas: mineral rights, porter springs, two different things
porter springs, two different things, department of natural resources: Brenda... Being the heirs and having that finalized are two different things. It all depends on how your mother s final affairs where handled. If you had a lawyer do this, it likely should have been concluded then. If not, you ll need to get one now. Don t...

Oil/Gas: mineral rights, royalty checks, oil royalty
royalty checks, oil royalty, seismic studies: Jeremiah. I don t mean to be rude, but you really need to do a lot more research before even thinking about becoming a bonded operator in North Dakota. This is not the venue for you to do that research. It s possible that ND s O&G regulatory body has many...

Oil/Gas: mineral rights, conveyance documents, leasing companies
conveyance documents, leasing companies, mineral owners: Brian. The precise answer should be determined by an oil and gas title attorney and a review of the transaction documents that you signed at the time of the sale. I am not a title attorney, so do not depend soley on my opinion, but I can offer a few thoughts....

Oil/Gas: mineral rights, petroleum geology, gas leases
petroleum geology, gas leases, proper documents: Ron. My expertise is petroleum geology, not law. From what little info you have in your question, I suggest you contact a qualified oil and gas title attorney familiar with the mineral laws of your state. Sorry I cannot be of more assistance. Regards,...

Oil/Gas: mineral rights, etowah county alabama, bonus money
etowah county alabama, bonus money, company rep: Kevin, I would first check around with some other companies who might be leasing in the same area and ask them if they can give you a shorter lease term, more bonus money, or both. Failing that I would still ask the current company to simply give you a three-year...

Oil/Gas: mineral rights, mineral leases, devon energy
mineral leases, devon energy, mineral owner: Karen. I am not an expert in these matters. You would be best served by speaking to a qualified Oil & Gas Title Attorney. Recently I put another mineral owner (Muskogee County. OK) in touch with an attorney here in Tulsa, who was able to answer her questions...

Oil/Gas: mineral rights, rains county tx, railroad commission
rains county tx, railroad commission, mineral rights: Go to the Rains County Courthouse and research the title to the minerals. then go to the Railroad commission and research the wells. Of course if you had read my profile and included a description, I could have done it through subscription services and told...

Oil/Gas: mineral rights, courthouse record, prescriptive rights
courthouse record, prescriptive rights, surface owners: Dear Mr. Grube, The best way to determine the ownership of the mineral rights is to have a title rendition done. Usually, a title company can do this for a fee of a few hundred dollars. An easy way is to ask the company that is interested in leasing your...

Oil/Gas: mineral rights, texas gentleman, surface owners
texas gentleman, surface owners, surface owner: Dear Mr. Grube, While I am not familiar with the laws in PA, Louisiana is the only state I am aware of where the mineral rights revert to the surface owner after a period of dormancy. More likely than not, the Texas gentleman, or his heirs or assigns,...

Oil/Gas: mineral rights, petroleum engineer, check stubs
petroleum engineer, check stubs, royalty check: Dear Mr. Baum, The value of producing royalties is not answerable by me on this forum. Like most other purchases, the price you pay is the price you and the seller can agree to, however, if the value of the mineral interest is a substantial part of the...

Oil/Gas: mineral rights, thomas holland, abstract company
thomas holland, abstract company, mineral rights: Bryan. I think you might contact a title and abstract company in your county. If you have your deed it could help. This is really out of my expertise. Another expert in Oil/Gas on allExperts is Thomas Holland who is an experienced landman and he can provide...

Oil/Gas: mineral rights, gas lease, surface owner
gas lease, surface owner, mineral rights: Crasho, I too live and work in Louisiana. The company, has probably done the title and should know if you own the minerals. If you ask, a good company should let you have a copy of the title they have done on your property. Louisiana is the only State...

Oil/Gas: mineral rights, probate questions, oil leases
probate questions, oil leases, pittsburg county: Larry. This is outside my expertise, but my initial reaction would be to speak to an oil & gas title attorney. I can direct you to a very good attorney in Tulsa who does work for me. I think he would at least take a phone call and perhaps offer you some...

Oil/Gas: mineral rights / drilling offer, barnett shale, mineral lease
barnett shale, mineral lease, nieghbors: Well David, if you don t sign up and others do, they will likely just steer the well around you and you ll get nothing. Hate to say it but that s just the way it is. You folks need to form an association and the larger the better if you want to negotiate the...

Oil/Gas: mineral rights lease, county clerks office, dawson county texas
county clerks office, dawson county texas, royalty rate: Dear Pat, 1. Talk to other mineral owners about what they have done. 2. Check out www.naro-us.org, they have alot of info on leasing from a landowner s perspective and message boards where mineral owners share information, 3. Remember that the royalty rate...

Oil/Gas: Do mineral rights leases expire?, petroleum landman, mineral leases
petroleum landman, mineral leases, mineral owner: First a disclaimer. The expert you need is a Petroleum Landman who is knowledgeable about PA mineral leases and any state statutes and regulations that govern them. I am not a petroleum landman, however I will be glad to offer some observations based on...

Oil/Gas: mineral rights leasing, winkler county tx, chesapeake energy
winkler county tx, chesapeake energy, bonus payment: Pugh was a Lawyer from Crowley Louisiana that authored a clause that effectively releases all lands not included in a producing unit if the lease is not otherwise perpetuated past the end of the Primary Term by other provisions of the lease. Primary term...

Oil/Gas: mineral rights/oil & gas leasing, texas railroad commission, bite size pieces
texas railroad commission, bite size pieces, statewide rules: Sharon. There s a lot embedded in your question! Let s see if I can dismantle it into bite size pieces. First, for someone to be entitled to royalties from oil or gas production, they must own the minerals under the land. Over the past 100 years or...

Oil/Gas: mineral rights ownership, mineral rights ownership, gas leases
mineral rights ownership, gas leases, real estate transactions: EJ. If the property is in an area where minerals are commonly leased, you might go to the county Clerk s office with the legal description and see if there have been any oil and gas leases taken or other mineral leases taken in the past. This will show you...

Oil/Gas: mineral rights ownership, mineral rights ownership, oklahoma corporation commission
mineral rights ownership, oklahoma corporation commission, atoka oklahoma: In your question, you don t state what interest you and your sister own in the NW/4 of Sec 23 T3S R13E. There are already some interests leased in the NW/4. Congratulations, you have been Oklahomaed . What you have from Cleary is the deal you can t...

Oil/Gas: mineral rights ownership, mineral rights ownership, mr holland
mineral rights ownership, mr holland, gas lease: Dear Sim, If you are, in fact, the owner of the mineral rights, then yes, you might be entitled to something. First, you need to determine that the seller did convey the mineral rights, and second, that the seller, regardless of what the conveyance instrument...

Oil/Gas: mineral rights question, quick claim deed, title attorney
quick claim deed, title attorney, little bob: Heather. Unfortunately I am not qualified to answer your question. My suggestion is to contact an oil & gas title attorney. They are very experienced in the laws of conveyance of mineral rights between parties. You should have a copy of the conveyance...

Oil/Gas: mineral rights revert, gas leases, gas lease
gas leases, gas lease, surface owner: Dear Bob, I cannot find that Kansas has prescription, where the mineral rights revert to the surface owner after a period of non-use. If there was a prior term reservation on the minerals, I would need to see the exact language in the conveyance to give you...

Oil/Gas: mineral rights and how to sell them, person auction, auction area
person auction, auction area, line auction: Stephanie.; I recommend contacting both of the following companies. Both have websites and both have representatives you can contact for detatiled information on how to post your minerals for sale. Both venues will get your minerals in front of thousands...

Oil/Gas: mineral rights /surface rights, surface owner, production water
surface owner, production water, surface rights: I don t know what the statutes are in Oklahoma. A number of states have varying periods from ten to thirty years of non use, wherein under certain circumstances the minerals can revert to the present surface owner. some term mineral and royalty deeds provide...

Oil/Gas: mineral rights vs property rights, mineral rights ownership, mineral deed
mineral rights ownership, mineral deed, property lawyer: Dear Kim: In general, the answer is yes, the severed mineral rights owner can drill or lease to drill. Having said that, the details of the mineral rights ownership are very important and in some cases may not permit drilling on the property s surface. If...

Oil/Gas: mineral rights willed?, petroleum landman, conveyance documents
petroleum landman, conveyance documents, surface owner: Karen. You need the professional advice of an oil and gas attorney familiar with Texas Law. This is the one to advise you of your rights and obligations when contacted by a Seismic Crew to conduct operations on your land. Also, this person should know Texas...

Oil/Gas: mineral rights, devon energy corporation, devon energy
devon energy corporation, devon energy, mitchell energy: Good. Your deed should show the legal description, which is how one would ascertain the industry activity in your area. If the land is in Texas, the description is likely to describe a section or tract that may be in a Block or Survey or possibly...

Oil/Gas: mineral and surface rights, louisiana dept, conservation website
louisiana dept, conservation website, surface rights: You can begin by stating the facts of the problem clearly. No where here do you say that you are contemplating a purchase of a tract of land that does not have the mineral rights in Louisiana. Find out if the minerals are currently under lease and if...

Oil/Gas: minerals, wheeler county tx, true market value
wheeler county tx, true market value, county court house: Your section and most of the ones surrounding it have dry holes drilled on them. However, Brigham Exploration, an oil & gas finding company has assembled a prospect a couple of miles north of you. They are one of a handful of wildcatters that actually find...

Oil/Gas: montana oil well, montana oil, compony
montana oil, compony, interest thanks: Jeff, If the oil company wants to renew the lease, that means the previous lease has expired. I would ask the oil company for a copy of the historical title to your mom s property. Once you follow the instructions below and come to a verbal agreement...

Oil/Gas: multiple lease offers, chesapeake energy, city of euless tx
chesapeake energy, city of euless tx, david h arrington: I m sorry, I thought the other offer was a per acre deal. Chesapeake will match their offer. Chesapeake drills more wells than anyone in the U.S. I have never granted a favored nations clause in my career. It s a trap for companies and they avoid it...

Oil/Gas: Natural Gas Lease Offer, ouachita parish la, mineral owners
ouachita parish la, mineral owners, gas lease: Jason. You may have misunderstood my comments regarding what a company is willing to pay. As in all negotiations the purchaser or the company wanting to lease will probably start low but my comments were aimed at a different scenario. Some mineral owners...

Oil/Gas: Natural Gas Mineral Rights Lease, mineral rights, acreage
mineral rights, acreage, natural gas company: Dear Nicholas, $40 per acre may be good or it may not. It really depends on the location of your land in the prospect the company is pursuing. Before I can answer your question, I d need to know the state and county, the nearest town to the acreage, and...

Oil/Gas: Natural Gas Mineral Rights, texas railroad commission, royalty checks
texas railroad commission, royalty checks, fence boards: A sesrch to the Texas Secretary Of States records indicates that Circle Energy Inc, was formed February 17 2007 by Cody Belew and Lowry Hunt and is domiciled at 1406 Oriental Ave., Arlington, TX 76011. They are not registered as an operator with the Texas...

Oil/Gas: Natural Gas Mineral Rights Lease, petroleum landman, wildcat area
petroleum landman, wildcat area, geophysical surveys: Nicholas. Consider asking this question of one of the other experts listed in this category - Mr Thomas Holland. He is an experienced Petroleum Landman and will probably be very helpful. I can offer a few basic observations - none of which should be...

Oil/Gas: Natural Gas Well Prospecting, spring hill ks, geology report
spring hill ks, geology report, building a house: No, not really Matthew. I was never in that business. I would assume however, that you would start with a geology report to find out if there is likely any there, where and how deep. Sinking wells here or there can be risky. If it s commercially viable, it...

Oil/Gas: Natural Gas Well, tangible costs, surface equipment
tangible costs, surface equipment, little bob: I am not familiar with the drilling rates for shallow wells in Montana. When drilling a well, it is customary to prepare a formal AFE - Authority For Expenditure. A proper AFE will list four categories of expenses. They should show the Dry Hole cost and...

Oil/Gas: Natural Gas Wells, natural gas wells, petroleum geologist
natural gas wells, petroleum geologist, petroleum engineer: Tedd. I am not an expert in the productivity of gas wells in Western Pennsylvania, but can offer some comments on the production from oil and gas wells in general. If you could find a petroleum geologist or petroleum engineer that is specifically familiar...

Oil/Gas: Natural gas, oil and mineral lease, lease document, lease forms
lease document, lease forms, lease form: Tina. For background information, please review some of my recent answers on allexperts.com regarding the leasing of mineral rights. I am going to read into your question in hopes I may be able to help you ask better questions. My deductions based...

Oil/Gas: Natural gas production, occ, natural gas production
occ, natural gas production, marathon: Bill, there is a place, but it s not very easy to navigate. The website is http://www.occ.state.ok.us/Divisions/OG/og.htm I think the well you are asking about is the Folks 1-17, operated by Marathon. If so, the last month of production shown is May....

Oil/Gas: Natural gas reserve rights in PA, coal areas, tract boundaries
coal areas, tract boundaries, gas conservation: Dear Tim, I m not familiar with oil and gas rules in PA, so I looked at a state web site that gave me this answer. It appears that there is not much you can do short of finding an operator to lease to who is willing to drill on your property. Here is the...

Oil/Gas: Natural gas, private school, locality
private school, locality, natural gas: It depends sometimes on the locality and also what agreements they may have with whomever actually drilled the well. So I can t really tell you much more than you already know because neither of us are privy to that information. Try to find someone who is....

Oil/Gas: NDT Trainee jobs, central alberta canada, southern alberta institute of tech
central alberta canada, southern alberta institute of tech, southern alberta institute: Candice, I m not quite sure I understand all the acronyms you re using. In some cases, CEDO stands for community economic development. Since you stated that you took the course at SAIT and you re asking me, I can only gather you took an energy course that...

Oil/Gas: Need an oil and gas attorney to reresent me, early days of oil, political personalities
early days of oil, political personalities, rivers state: Dear Alex, As far as I know, site wells and well data, like production rate, or any evidance of oil / gas existance are regarded as SECRET documents of EVERY oil company. No oil company will release such data in public. Furthermore, drilling a well or producing...

Oil/Gas: New gas well - pools and units, tx rrc, acre unit
tx rrc, acre unit, lease operator: You re right Frank. This is a lenghty question. Since you seem to have a lot at stake, I suggest you contact a qualified oil and gas attorney who can help you understand and, if necessary, participate in the development of spacing regulations in this area....

Oil/Gas: Northeast Oklahoma mineral rights, oil and gas prices, mineral owner
oil and gas prices, mineral owner, old wells: Toni. If you own mineral rights and have not sold them, then you will still own them. Mineral ownership is like real estate. You either own the land or not. Your comment to see if these are even any good anymore. sounds to me like your minerals were...

Oil/Gas: NPRI in texas, frederick scott, oil lease
frederick scott, oil lease, npri: Kathy, I am not an expert on Texas pooling laws, but I can tell you that Texas does in fact have forced pooling laws, but they are very restrictive and the courts are strongly against forced pooling. So it is possible you were force pooled, but unlikely. ...

Oil/Gas: Numbers, national oil companies, commodities brokerage
national oil companies, commodities brokerage, york stock exchange: To purchase crude oil from Aramco the buyer must be registered with Aramco. A registration number is issued the first time you apply for purchase of SLCO. The same procedure is followed by other national oil companies; i.e.: Venezuela and Indonesia. This...

Oil/Gas: NY landowner/gas well partners, acre of land, drilling company
acre of land, drilling company, evasive answers: Dear Mr. Volpe: What you are thinking about is what I might do short of joining the well for my own account. We call it a farmout . An company basically enters into an agreement with you that is structured along these lines: 1. They contribute capital...

Oil/Gas: natural gas pipeline, natural gas pipeline, crawford county pa
natural gas pipeline, crawford county pa, line distribution: Angie, we use to pay about a $1.00/foot for a standard easement for distribution lines (10 foot wide with construction and maintenance allowance). Since you didn t say what kind of line (distribution/transmission), how wide an area, clean up, restoration,...

Oil/Gas: natural gas price, natural gas price, energy information administration
natural gas price, energy information administration, eia doe: It s difficult to tell how familiar you are with the pricing of energy commodities, but then, I am not an expert in this area either. I can suggest a few things that may help your confusion. First, you need to learn if the price quote you are looking at...

Oil/Gas: natural gas processing, high reefs, natural gas processing
high reefs, natural gas processing, sodium potassium: Well ... It s definitely outside my area. And yes, on the surface it does sound alarming. But, here in Virginia we have a lot of industries including at least one refinery at Yorktown, petro chemical companies out the ying yang and slews of other possible...

Oil/Gas: natural gas on my prop.?, gallon jug, royalty rate
gallon jug, royalty rate, drilling company: Randy. It sounds like what you are seeing is dissolved natural gas coming out of solution in your well water. In most parts of the states, 300 feet is pretty deep for potable water. A similar sulfer water problem occurs in Oklahoma. The company offering...

Oil/Gas: natural gas well, barnett shale, magnitude estimate
barnett shale, magnitude estimate, acre unit: Cindy. Sorry for the delayed reply. I have been away from a computer this weekend. I cannot take the place of a qualified Division Order Analyst, but I can give you some order of magnitude estimate. It is impossible to estimate the size of your first check...

Oil/Gas: natural gas, department of natural resources, drill hole
department of natural resources, drill hole, mineral rights: Does sound a bit odd. Just because the well is not on you doesn t mean the drill hole has not drifted or has been intentionally directed to your property. Whatever agreement you had with the other company should still be in force. Contact your state department...

Oil/Gas: need to ask plz, gas industry professionals, gas professionals
gas industry professionals, gas professionals, money experience: jjj. I am sorry, but this question is simply too long and involved for me to help you out with. Your question strongly suggests you are very inexperienced with the process of exploring for oil and gas. Without that experience, I cannot recommend you make...

Oil/Gas: need your help, central heating systems, diploma in mechanical engineering
central heating systems, diploma in mechanical engineering, formal apprenticeship: interesting, Heating and Air Conditioning / HVAC Training Job Outlook So not surprisingly, job prospects for heating and air-conditioning mechanics and installers are expected to be good, particularly for those with technical school or formal apprenticeship...

Oil/Gas: need mineral rights value, royalty interest, mineral rights
royalty interest, mineral rights, gas prices: Your husband inherited a royalty interest. This interest was created by leasing the minerals he now owns. You have production from two units in which one or more wells are presently producing. In order to determine what your husband owns, you will need...

Oil/Gas: How to neg. mineral rights for residential land., cash flow stream, mineral acres
cash flow stream, mineral acres, legal location: Liz. I ll have to read into some facts about your situation from your question. You don t say where this property is located, state, county or legal location so I cannot give you an absolute answer. Even if you did, I still could not advise you very...

Oil/Gas: negotiating for more, drilling purposes, johnson counties
drilling purposes, johnson counties, template letter: If you are in Tarrant or Johnson Counties, you will get about $500 per lot and either 1/5 or 1/4 royalty. Before you play hardball with oil companies, you better pack a lunch. You do not own enough acreage to be a problem to them. What would you do if they...

Oil/Gas: what to do next, oil shales, north central arkansas
oil shales, north central arkansas, oil shale: Dear Sir: According to your explanation, it seems you ve encountered oil shales. For more information about oil shales you may visit: http://concise.britannica.com/ebc/article-9373940/oil-shale To become sure about it, you may ask an expert of geochemical...

Oil/Gas: non-drilling lease, ohio department of natural resources, independent professional earth
ohio department of natural resources, independent professional earth, sandstone formation: Chris, I am not familiar enough with Ohio s O&G regulations to properly answer your question. The website for the Ohio Department of Natural Resources, O&G section is http://www.dnr.state.oh.us/mineral/oil/default/tabid/10371/Default.aspx My best advice...

Oil/Gas: non-drilling lease, sandstone formation, auburn township
sandstone formation, auburn township, acre minimum: I don t know anything about Ohio Oil & gas, however there is another expert on this site that does. In other states you would have a cause of action for drainage and you could probably make them plug the well. If I were you, I would forget about the...

Oil/Gas: non producing lease, gas lease, lease term
gas lease, lease term, central oklahoma: Dear Chris: The usual terms in an oil and gas lease are that the lease is for a specified primary term (for example one year) and so much longer thereafter as oil, gas etc are produced in paying quantities. Therefore,such a lease automatically terminates...

Oil/Gas: O&G Lease, great grandmother, henderson tx
great grandmother, henderson tx, elizabeth white: It appears that they believe you own a small interest in the minerals under the tract. The $50.00 is a minimum payment. There are probably a lot of owners involved. It is difficult to run the records in Panola County because so much of the County is under...

Oil/Gas: Obtaining best oil lease price, antero resources corporation, oil lease
antero resources corporation, oil lease, land consultants: I don t know when your lease expires, but if it isn t real soon, you may have a well drilled before you expire. The well being drilled in Section 24 is probably Pablo. The questioner in the previous question has a 238 acre interest in the same section as...

Oil/Gas: Obtaining information on property, blm office, bureau of land management
blm office, bureau of land management, mineral rights: Dear M Cooper, I assume by your question that the BLM controls the surface of this land. If that is the case, then you will get better results by talking to someone at the local BLM office that handles this area. You can find out which office to contact...

Oil/Gas: Offer to buy or lease mineral rights, residential neighbourhood, dear ruth
residential neighbourhood, dear ruth, mineral rights: Dear Ruth, They will not drill on your lot, or in the alley. Your lease will be pooled with other leases to form what is called a unit . A well could be drilled somewhere on the unit, which will probably be at least 160 acres in size. The lease they...

Oil/Gas: Offer of Drilling Lease?, kountze tx, thomas holland
kountze tx, thomas holland, digit range: Ron. Your question is of a very specific nature and requires the input of a qualified oil and gas attorney on your part. Since the numbers are relatively large, I highly recommend you retain one to represent you in this matter. I am not qualified to offer...

Oil/Gas: Offer for gas lease, acre unit, royalty rate
acre unit, royalty rate, shelby county: If you leased for 20% royalty your net in a 680 acre unit would be .0882352. If the unit were 704 acres (640 + 10%) as provided for in your lease, your net would be .0852272. The formula is as follows 300/704 x .20 = net revenue interest. The larger your...

Oil/Gas: Offered lease in Colorado, mesa county colorado, gas lease
mesa county colorado, gas lease, encana: ask for $300 for a three year lease with an option to extend for two years at $300. Ask for 1/5 royalty. royalty is a percentage of the sales apportioned to your interest. No need to shop to other companies. Settle somewhere between the offer and your counter...

Oil/Gas: Offered oil,gas,mineral lease, red willow, yr lease
red willow, yr lease, mineral lease: Dear Anna, I cannot comment on the bonus offered, but the best way for you to find out if it is in the market is to ask other landowners what they are being offered. I did research recent leases in Ochiltree County and found that EOG, Red Willow and a few...

Oil/Gas: OIL EXPLORATION, nigeria oil, oil exploration
nigeria oil, oil exploration, oil and gas production: Martins, I m sure some people are still writing that book. Although this is not in my area of expertise, I can say for sure that if the oil supply of the world suddenly stopped, so would the worlds economies. Especially those in developing countries. There...

Oil/Gas: OIL AND GASOLINE, crude oil yields, petrochemical feedstock
crude oil yields, petrochemical feedstock, residual fuel oil: One 42gal gallon barrel of crude oil yields: 19.5 gallons of gasoline 9.2 gallons of distillate fuel oil (diesel fuel and home-heating oil) 4.1 gallons of kerosene-type jet fuel 2.3 gallons of residual fuel oil (used in industry and marine transportation...

Oil/Gas: OIL Production, cretaceous limestone, limestone formation
cretaceous limestone, limestone formation, slim hole: I don t think you will see much boost in stock price based on this one well. An oil company s worth is measured primarily in the amount of Proved Reserves and free cash flow from these, along with their success in replacing these reserves each year and...

Oil/Gas: OIL REFINING, national petrochemical and refiners association, tulsa office
national petrochemical and refiners association, tulsa office, rule of thumb: You have asked a question that is entirely outside my expertise. I suppose you might try the website for the National Petrochemical and Refiners Association at: http://www.npra.org/ or possibly the API website which is: http://api-ep.api.org/index.cfm...

Oil/Gas: Oil On My Aunt's Property, texas railroad commission, gas wells
texas railroad commission, gas wells, separate property: All wells, whether they are water wells, oil wells, or gas wells tend to drain a certain area of the subsurface rock layer they produce from. Water wells are usually very shallow, say 50 to 250 feet deep. Oil and gas wells are usually much much deeper from...

Oil/Gas: Oil addatives, diesel factory, oil additives
diesel factory, oil additives, stress load: Brian, Nothing really. Oil additives are basically trying to remedy an engine problem not a lubricant one. They are a not so good quick fix. If you have heating, oil pressure, or smoking problems they are engine related and should be addressed before they...

Oil/Gas: Oil Company/Surface Rights, company surface, old timers
company surface, old timers, surface owners: Lisa, Thanks for the additional info. I was wondering if there was another royalty owner that had executive status. That is not the case here. The operator not only has the right to dispose of the produced salt water but the Louisiana Dept. of Natural Resources...

Oil/Gas: Oil company profits, oil company profits, conoco phillips
oil company profits, conoco phillips, chevron texaco: Steve. Thanks for the inquiry. I am not an expert at large public oil company profits, but I know a little about this matter. Your insight into this matter and your interest in looking beyond the media headlines is to be commended. Most folks think ...

Oil/Gas: Oil decimal interest for sale/evaluation, reputable names, petroleum engineering
reputable names, petroleum engineering, mineral interests: Dear Kevin: This web site has ads for buying mineral interests. Generally, people in the business buy these interests. ASSUMING there is no likelihood of a new well being drilled on the premises, some folks use a rule of thumb, depending on interest rates....

Oil/Gas: Oil Exploration, dear paula, texas louisiana
dear paula, texas louisiana, wellbore: Dear Paula. My first question to you is: Do you own the mineral rights under your land? If you don t, you will not see any revenue from a well, whether drilled anew, or recompleted in an old wellbore. Please follow up with this info. Also, if you...

Oil/Gas: Oil Exploratoin, freedom ok, gas leasing
freedom ok, gas leasing, land co: Sorry for the delay in reply. I m having a very busy week. The best suggestion I can offer is for you to contact an oil and gas Leasing brokerage. I work with a firm in Freedom, OK that has been very good. You might begin by contacting them. If they can...

Oil/Gas: Oil on family land., native american affairs, oil and gas prices
native american affairs, oil and gas prices, mexico thanks: Melissa. There is very little information to go on in your question and I am not an expert in petroleum leasing or Native American affairs, but I may offer these observations. It sounds like your grandpa owned mineral rights that were leased to a company....

Oil/Gas: Oil field, oilfield service, lift valves
oilfield service, lift valves, peter thompson: Wireline service is a series of operations performed in a well with special tools that are lowered into the well with wire. A special wireline truck is used with a large spool of steel piano wire is used. These operations are mostly related to removing and...

Oil/Gas: Oil and Gas, american petroleum institute, energy information administration
american petroleum institute, energy information administration, web based resources: The scope of your question is too large for me to answer in this format or within any sort of reasonable time frame. However, I encourage you to explore the numerous web-based resources available to the public. I recommend you begin with a visit to the...

Oil/Gas: Oil/Gas, gas leases, starritt
gas leases, starritt, department of natural resources: Well, actually no. My area of experience doesn t cover these types of situations. I would suggest that you check with the Oklahoma Department of Natural Resources first. From there you can likely get a starting point. I m sorry Starritt that I can t be...

Oil/Gas: Oil & Gas Atty Fees, gas attorneys, substantial chunk
gas attorneys, substantial chunk, gas leasing: Larry, To answer your question, I think most oil and gas attorneys would charge you at least a couple of hundred bucks to look over those several proposals for you, even if it only takes them a few minutes. A few minutes is all it should take a good oil...

Oil/Gas: Oil and Gas Book, san joaquin geological society, american association of petroleum geologists
san joaquin geological society, american association of petroleum geologists, american petroleum institute: Chris. Sorry for the delayed reply. (Father s day off!) I did a quick search of potential titles similar to your recollection and didn t find any particular citations. I stumbled across an interesting link at the San Joaquin Geological Society shown below:...

Oil/Gas: Oil or Gas Drilling, anderson county texas, royalty check
anderson county texas, royalty check, anderson county: Your mother owns an undivided one-third interest. If she isn t receiving a royalty check or she hasn t leased her interest for oil & gas in the last five years, she probably hasn t had a well drilled on her property. Anderson County is a fairly large county...

Oil/Gas: Oil/Gas exploration, calcasieu parish louisiana, petroleum landmen
calcasieu parish louisiana, petroleum landmen, oil gas exploration: Adam, Not a long shot at all as there has been constant, moderate activity in Calcasieu Parish for years. In 2007 there have been 47 drilling permits issued for Calcasieu Parish though most of them appear to be in the Vinton field and none near the Hayes...

Oil/Gas: Oil/Gas Investments, royalty owners, gas investments
royalty owners, gas investments, drilling project: Understood. Operators like that give Operators a bad name. I also can see that a lawyer might pass on trying to recover anything for you. Any lawyer with an office staff starts off charging $100/hr and even at 100% recovery and a 60/40 split he might have...

Oil/Gas: Oil and Gas Lease, drilling unit, gas lease
drilling unit, gas lease, usa property: Bill, I can t comment on the bonus, as these markets are very localized and there are too many of them for me to keep track of. I will say you should get a 1/6th royalty. A 1/8 royalty is probably not in the market and gives the lessee too high a net revenue...

Oil/Gas: Oil and Gas Lease, return mail, royalty interest
return mail, royalty interest, mineral acres: Making demands is the job of the lessor, making clauses is the job of the landman. Line through laying pipelines and initial, tell the landman you want $500 (not per acre) and 25% royalty. Tell them you want a check, not a draft. Ask for this in a...

Oil/Gas: Oil & Gas Lease, pittsburg county, royalty interests
pittsburg county, royalty interests, mineral acres: Samson has a play in the area. There has been no spacing, pooling or other actions filed in the section. There has been sporadic leasing since 2002 in the section. Cobra may have knowledge of the play or may be an interest owner with Samson. There is no...

Oil/Gas: Oil/Gas Lease, dawson geophysical, mason dixon
dawson geophysical, mason dixon, acre lease: Dear Jared: My understanding of a paid up lease is that there are no rentals. Some ideas: Get the $4800 now. Five years is too long for a primary term. One the one hand, your 20+ acres is not much of a prize to get leased, on the other you are dealing...

Oil/Gas: Oil and Gas Lease, oklahoma corporation commission, pittsburg county
oklahoma corporation commission, pittsburg county, oakbrook investments: Christy, parts of Pittsburg County are pretty hot these days. Lease bonus amounts can go for as high as $5,000 per acre in some areas of the county. Call the Oklahoma Corporation Commission at 405-521-2613 and ask them about recent poolings near the section...

Oil/Gas: Oil & Gas Lease, petroleum landman, desoto parish
petroleum landman, desoto parish, acre unit: From your first statement, it seems you are describing an existing lease with current production. If this is true, then there is no negotiating to be done. Your question is very specific to Louisiana oil and gas law and your particular set of circumstances....

Oil/Gas: Oil and Gas Lease, side articles, mineral acres
side articles, mineral acres, mineral management: Paula. pnma means per net mineral acre . It is the amount of acres the Bonus per acre is calculated on. If someone was paid a bonus of $200.00 pnma and they owned 50 net mineral acres, their total bonus would be $200x50 =$10,000.00 You might try the...

Oil/Gas: Oil & Gas Lease, gas lease, bonues
gas lease, bonues, valuable consideration: Every lease I ever took was for Ten Dollars and other good and valuable consideration ($10.00 & OVC). That is an amount of money sufficient to make the lease a binding agreement. The money other than the ten dollars is other good and valuable consideration....

Oil/Gas: Oil & Gas Lease, royalty interest, royalty payments
royalty interest, royalty payments, acre unit: divide your number of acres into the total number of acres in the unit. That is your tract factor. Multiply that by the decimal euqivalent of your royalty (i.e 1/6 =.166667). That is your unit net revenue interest. If you own this mineral interest with...

Oil/Gas: Oil/Gas Lease, bonus amounts, favored nations
bonus amounts, favored nations, lease terms: Hello. I have some ideas for you, though I don t know exactly where your minerals are located. I m assuming near Township 17N Range 7W since you mentioned they re in Kingfisher. You were correct to check around for other lease bonus amounts near your...

Oil/Gas: Oil/Gas Lease, burleson county texas, royalty owners
burleson county texas, royalty owners, mineral owners: Mary, though I am not familiar with activity in Burleson County, Texas I would suggest you think twice about signing a lease with an additional 3-year option unless there was a substantial increase in the bonus for the additional three years. Most leases...

Oil/Gas: Oil & Gas Lease, royalty provision, bonus amounts
royalty provision, bonus amounts, leasing companies: With five acres, I d try to get a 3/16th s royalty if possible instead of just 1/6th. White county is pretty hot right now but I m not that familiar with lease prices in Arkansas. $400 doesn t sound too bad, but is that the going rate in your area? Have...

Oil/Gas: Oil and Gas Lease, royalty checks, royalty interests
royalty checks, royalty interests, royalty payments: Heather, does this trust of your grandfather’s receive its own share of royalty payments from these same wells you are now getting paid from? If so, I would think the trustee should have been aware of your 1/6th interest. At any rate, I think if you indeed...

Oil/Gas: Oil and Gas Lease - Arlington, TX, paragraph mark, bonus rates
paragraph mark, bonus rates, mineral interest: Strike laying pipelines in the first paragraph. Mark out the 2 year option. You will get to lease again before two years is up. Change the royalty to 25. I would imagine they will take it. If not, they will pay more when they do. They are not buying...

Oil/Gas: Oil & Gas Lease Auction, private leases, frederick scott
private leases, frederick scott, coalgate: Bob, it s possible someone has bought some of the State s leases, or some private leases, and is now trying to auction them off for a profit. This is fairly common. Additionally, the State of Oklahoma holds six lease auctions of its own every year in...

Oil/Gas: Oil/Gas Lease in Bryan County, OK, wildcat country, office web site
wildcat country, office web site, mineral acres: The only leases I found in your township taken this year from OK Land Commission were in 6 and 16 and they leased for $1861.53 per acre. That s a lot of money for an area that has never been drilled or had spacing set up. It s rank wildcat country. I would...

Oil/Gas: Oil/Gas Lease in Hughes Co. OK., mr mcconnell, lease acquisition
mr mcconnell, lease acquisition, lease language: I personally do not know anything about the Schonwald firm, but there are a lot of companies that I never heard of too. Once again, don t worry about what other mineral owners do. Do your own deal. The oil company is not going to drill or pool your lease...

Oil/Gas: Oil & Gas Lease Info (Nowata, County OK), coal bed methane, oklahoma corporation commission
coal bed methane, oklahoma corporation commission, incorrect assumptions: Dear Zach, I am making no judgement as to whether the lease is valid. I am suggesting you will need an attorney to gather all of the relevant facts to make this determination on your behalf. There are simply too many details that will determine merchantable...

Oil/Gas: Oil & Gas Lease Middle Man, lease brokers, gross proceeds
lease brokers, gross proceeds, gas lease: Kimmberly, It would not necessarily do you better to go directly with a drilling company. It is very common for oil companies to use lease brokers (what you call middlemen ) to buy leases on their behalf. Since I have no idea where this property is I...

Oil/Gas: Oil & Gas Lease in New Mexico, chaves county new mexico, petroleum landman
chaves county new mexico, petroleum landman, acre unit: All of you own an undivided interest in 160 acres and each can do with theirs whatever they want, including partitioning the minerals. You could check with the County Assessor about the surface ownership. There has never been a well drilled on your...

Oil/Gas: Oil & Gas Lease Offer, royalty owners, mineral owners
royalty owners, mineral owners, gas lease: Jim, Once you make an “election” they will then send you the actual lease to sign, reflecting these “elections.” So yes, there IS more paperwork to deal with after you choose your option. What I would suggest though is that you CALL the landman and...

Oil/Gas: Oil & Gas Lease Oklahoma, acre basis, lease language
acre basis, lease language, mineral acres: I don t know. It is customary to quote lease bonuses as a dollar per net mineral acre for the entire term of the lease, not on a per year basis. Are you certain you only own 8.88889 nma and not 3X that amount? Has there been any change in ownwership since...

Oil/Gas: Oil & Gas Lease Oklahoma, lease basis, acre unit
lease basis, acre unit, gas lease: Use this formula for a 640 acre unit. Leave out the 640 and that s what it would be on a lease basis. 8.88/640 x royalty percentage x 200mcf x sales price per mcf x 30 days. If gas were $7.00 and royalty was .18750, the answer would be about $107.00...

Oil/Gas: Oil & Gas Lease Payment, stephens county oklahoma, mineral acres
stephens county oklahoma, mineral acres, lease documents: Jim, I think I can help you fairly quickly (and probably for free) via a phone call. Just have your offers and lease(s) handy when you call. If you need to hire me after that, we can talk more about that. A phone call might do it though. Before you call,...

Oil/Gas: Oil & Gas Lease Proposal, chesapeake energy corp, chesapeake energy
chesapeake energy corp, chesapeake energy, lease proposal: David, First of all, this is a good thing and you are in control of the situation. First, the bonus is actually the second most important thing. The royalty is most important and you didn t indicate how much they were offering. Try to negotiate the highest...

Oil/Gas: Oil & Gas Lease ques, ochiltree county, wheat crops
ochiltree county, wheat crops, agriculture dept: Anna. Whoa. Many questions. I cannot address the legal issues as to whether you and you relatives own the mineral interests indivually as undivided 1/3rds under the 155 acres, or whether your Dad only owned 125 mineral acres under the 155 acres surface....

Oil/Gas: Oil/Gas Lease R River, TX, lewisville arkansas, northwest central
lewisville arkansas, northwest central, gas lease: LCT Energy,LP Lewisville, Arkansas permitted a well to 18500 about five miles north and west of you. They spudded the well in April. This could be them buying acreage for their play or it could be speculators putting together acreage in hopes that they...

Oil/Gas: Oil & Gas Lease Reeves County Texas, reeves county texas, gas lease
reeves county texas, gas lease, landman: Dear Mr. Bourland, I do understand there is a large lease play in Reeves County, similar to that which has occurred in other tight gas areas. In general, large blocks such as yours command a premium to the bonus that smaller tracts get. I am not familiar...

Oil/Gas: Oil & Gas Lease - spouse remarries, gas lease, separate property
gas lease, separate property, definitive answer: Dear Stacie, Generally, property acquired prior to marriage is separate property, however, this depends on the laws of the state in which your father resides, so I would advise you to consult an attorney versed in family/real property law in that state for...

Oil/Gas: Oil and Gas Lease Terms, amite county ms, mineral owners
amite county ms, mineral owners, mr holland: Dear Mr. Poole: Since I operate in Texas and S. Louisiana, I cannot advise you on the recent best terms. I understand that SW Mississippi is a part of a fairly new craze in the industry, where companies are drilling for gas in self-sourced shale beds....

Oil/Gas: Oil and Gas Lease Terms, amite county ms, mineral owners
amite county ms, mineral owners, mr holland: Dear Mr. Poole, I m afraid I cannot tell you if this offer is the recent best, since I am active in TX and LA. Networking with other mineral owners or engaging a lawyer who has represented numerous landowners is the best way to access this information. ...

Oil/Gas: Oil and Gas Lease - How to Update Ownership, pottawatomie county oklahoma, affidavit of death
pottawatomie county oklahoma, affidavit of death, probate proceedings: You can update ownership information by filing either a a certified copy of probate proceedings (the application,the Last Will & Testament and the Order) or an affidavit of death, heirship and marital history and certified copies of the death certificates...

Oil/Gas: Oil & Gas Lease, dear scott, gas lease
dear scott, gas lease, surface land: Dear Scott: Leasing is generally geologically driven, so they will come to you if your land is prospective. You should familiarize yourself with the market and the message boards at NARO are a good way to do that. You can also find out who is leasing...

Oil/Gas: Oil and Gas Leases, gas leases, country lawyer
gas leases, country lawyer, oil lease: I don t know any attorneys in the Dallas area that do landowner oil & gas work. Your ownership of the minerals hasn t changed. If there is a well producing on some minerals you own, then the fraction of your ownership in the well is the same as your fraction...

Oil/Gas: Oil & Gas Leases, royalty share, royalty interest
royalty share, royalty interest, gas leases: I m not a big fan of collective leasing. If a group is serious, they form an entity with their interests and have an agent with authority to sign. It is difficult enough to get two or three people to agree to something. In Oklahoma you may be able to...

Oil/Gas: Oil & Gas Leases, gas leases, mineral rights
gas leases, mineral rights, wasting your time: Oil & Gas are under a minuscule portion of this country. Five or six miles is the same as being in another state. If your land is prospective, a company will contact you. Until they do, you are wasting your time. Unless you believe in it enough to drill...

Oil/Gas: Oil and Gas Leases, mineral acres, gas lease
mineral acres, gas lease, landman: Robert, First, I commend you and thank you for presenting your question so clearly. I do have a question for you however: Was the four-year lease the trust signed only for the 20-acres the trust owned by itself outside of the partnership? If so, I would...

Oil/Gas: Oil and Gas Leasing, gas leasing, drilling companies
gas leasing, drilling companies, best bet: Take some responsibility for your mineral ownership as the checks will be in your name. Imagine being in your attorney s office to the tune of $250 per hour and what questions he would ask you in order for him/her to be able to give you any kind of an answer....

Oil/Gas: Oil and Gas Leasing, weslaco tx, gas leasing
weslaco tx, gas leasing, drilling companies: Dear Graciano, There is really not much of a market for landowners to shop their land for oil and gas leasing, particularly if they own a small tract. Ballard Energy and Noble Energy have been active in Duval County over the past couple of years, you could...

Oil/Gas: Oil and Gas lease, texas wells, dear jennifer
texas wells, dear jennifer, texas rail road commission: Dear Jennifer: The Texas Rail Road Commission (oil and gas well regulatory agency in Texas)has extensive on line records of Texas wells. With your property description, you probably can find the well status. Production is reported and posted monthly. If not...

Oil/Gas: Oil/Gas lease in Hughes Co. OK, gross proceeds, hughes co
gross proceeds, hughes co, land broker: Lets not worry about the language, let s fix it instead. Line through net preceding proceeds, where it now reads proceeds. Put a period after excise taxes and line out the rest of the sentence. Initial the changes. Now you will get revenue from gross proceeds...

Oil/Gas: Oil & Gas lease information, comanche county oklahoma, petroleum geologist
comanche county oklahoma, petroleum geologist, conveyance documents: D York. I can probably get you an order of magnitude number for drilling and completing a 2000 foot well, but I d also need to know if it will be a gas or oil well, flowing or pumping, fracture stimulated or not. As to the specific activity, I may be able...

Oil/Gas: Oil & Gas lease proposal, lease clauses, san jacinto county tx
lease clauses, san jacinto county tx, san jacinto county: Tell them you want $300 per acre bonus and 25% royalty for a three uear paid-up Lease, and the same lease clauses and addendum as they took from Kelly Baxter in the same Survey. James McMillian is one of your mineral co tenants and he leased for 3 years and...

Oil/Gas: Oil and Gas lease question, logan county oklahoma, wildcat area
logan county oklahoma, wildcat area, gas lease: there has never been a producing well drilled in your section. Your section lies on the edge of an old oil & gas field. There are no other leases taken in your section that my records cover and that is current to about ninety days ago. The terms of the...

Oil/Gas: Oil and Gas lease on a residential property, xto energy, royalty check
xto energy, royalty check, gas lease: Your covenants will not allow drilling in your subdivision. Line out laying pipelines in line 3 of your lease and initial the change, execute the lease in front of a Notary and send your lease and the draft back to XTO and have them send you a check instead....

Oil/Gas: Oil and Gas leases, mail return receipt, koch oil
mail return receipt, koch oil, gas royalties: Judy, It sounds like the lease may have lapsed and that is why they are not calling you back. I would identify the lease and make a request that they release any interest they may have in the lease, of record. Send the request certified mail return...

Oil/Gas: Oil Gas Mineral Interest Lease, bryan county oklahoma, mineral leases
bryan county oklahoma, mineral leases, bryan counties: Report that lawyer to the Oklahoma Bar Association as that is the most unethical thing I ever heard of a lawyer doing. Attorneys charge by the hour and it isn t worth more than $500.00 to review an oil & gas lease. It isn t rocket science. You would...

Oil/Gas: Oil, Gas, & Mineral Lease, oil and gas royalties, mineral lease
oil and gas royalties, mineral lease, property interests: Vickie, You can get a copy of the lease from the County Clerk s office in the county where the land is located. You will need an approximate date, the name of either the Lessor or the Lessee and a legal description of the property. If the leases are still...

Oil/Gas: Oil, Gas and Mineral Lease, polk county texas, robert oates
polk county texas, robert oates, bonus rates: Kyle, I would suggest you check around with neighbors or local banks to see if the $300 is a fair bonus price. I am in Oklahoma and therefore not that familiar with the going bonus rates for your area of Texas. However I can tell you that the 1/4 royalty...

Oil/Gas: Oil, Gas and Mineral Lease in Webster Parish, Louisiana, webster parish louisiana, cameron parish
webster parish louisiana, cameron parish, leasing agent: Dear Wendy, I do not in any way want to chill your opportunity to get more, but I will say I am leasing in Cameron Parish now and $250/acre is top dollar paid to professional mineral owners. I suggest you try to max out the royalty instead of the bonus, as...

Oil/Gas: Oil & Gas Mineral Lease, desoto parish, acre unit
desoto parish, acre unit, sonris: SONRIS is a wonderful database, probably the best of any state s oil and gas databases, but it has nothing to do with private land leasing. Any tracts you find in SONRIS were sealed bid leases of state lands. If you are a lessor, you have executed an...

Oil/Gas: Oil & Gas Mineral Lease, desoto parish, petroleum engineer
desoto parish, petroleum engineer, acre unit: Dear Les, I would assume by your question that you are an unleased owner in an existing producing pooled unit. As such, you would be entitled to your proportionate share of unit production since the well began to produce; however, you would also be responsible...

Oil/Gas: Oil, Gas and Mineral Lease, bonus bank, paloma partners
bonus bank, paloma partners, decendents: Whee doggy.... These questions get more complex all the time. The answer is that I have no idea. I never got in to this lease agreement business. Having said that and looking at what you have presented, this deal sounds a bit screwy. I would never (never-ever)...

Oil/Gas: Oil, Gas, Mineral Lease, calhoun county mississippi, oxford mississippi
calhoun county mississippi, oxford mississippi, la dodgers: Terri. Lots of questions! I do not work in Mississippi and cannot tell you if what you have been offered is the going rate or if it is competitive or not. Nor can I refer you to an oil and gas attorney there. I also do not know what, if any, oil or gas...

Oil/Gas: Oil and Gas Mineral Lease, regulatory unit, mineral lease
regulatory unit, mineral lease, little bob: Ron. It is difficult to address specific language in a lease without actually reviewing the lease itself. There is a landman expert in this venue who may be able to provide you better answers than I. It is typical for a lease to provide for pooling language...

Oil/Gas: Oil, Gas and Mineral Lease proposal, severance taxes, lease proposal
severance taxes, lease proposal, royalty payment: It s more than fair. You would receive one-fifth of the production attributable to your tract, less severance taxes. Since the producing units can be up to 704 acres (640ac + - 10%)Your interest would be .20/704 =.000284 unit tract factor, .20 x .000284...

Oil/Gas: Oil, Gas & Mineral Lease, county clerks office, lavaca county texas
county clerks office, lavaca county texas, lease provisions: Larry, someone else asked me that same question today, so that company must be active in the area. While it is not unusual for a land company to buy leases for an oil company using their OWN name, I find it a bit strange that there is a DUMMY company...

Oil/Gas: Oil, Gas and Mineral Lease, clay county ms, mineral leasing
clay county ms, mineral leasing, royalty rate: Paul. I am not an expert in oil and gas leasing, and my industry experience is outside Mississippi. Also, please consider asking another expert on the website (listed in Oil/Gas) Mr. Thomas Holland who is an experienced Landman and much better suited to...

Oil/Gas: Oil, Gas, and Mineral lease, harding company, oil gas production
harding company, oil gas production, acre of land: Johnny, the company that leased your land has three years to drill the property...the well may not be drilled on your actual land, but somewhere near it. There will be a rig within site of the house when they start drilling, though they don t have to drill...

Oil/Gas: Oil/Gas Mineral Rights, mineral acres, offerer
mineral acres, offerer, little bob: Paul, Based on your question I interpret that you leased these minerals in 2006 for $125 per acre. Now you have an offer of $2000 per acre to buy 480 net mineral acres. It is unusual for a mineral offer to be over 10X a lease bonus. This means the offer...

Oil/Gas: Oil, Gas, Mineral Transfer with Property, rock minerals, oil and gas exploration
rock minerals, oil and gas exploration, royalty owners: Aha! I am not aware of much oil and gas exploration in this part of the US. But, you are probably in a portion of the US where mineral rights refer to the hard rock minerals found in the mining industry. I am not familiar with that industry, but I can...

Oil/Gas: Oil and Gas Mineral Value, houston county texas, oil gas industry
houston county texas, oil gas industry, royalty income: You can drill a well to find out if you have any oil & gas under your land. Other than that you will have to wait until the geologists and geophysicists in the oil & gas industry decide that your land may have oil & gas. Then they will send someone to you...

Oil/Gas: Oil & Gas mineral rights, oklahoma counties, mineral rights
oklahoma counties, mineral rights, state of oklahoma: Dear Jack, I am not aware of such a web site for OK. I have one for Texas from www.drillinginfo.com (subscription only) and they may include Oklahoma. Some of the individual counties have web sites where you may be able to access this type of information,...

Oil/Gas: Oil & Gas Revenue Receipts, revenue receipts, legal question
revenue receipts, legal question, case law: Colette. You are asking a legal question that must be answered pursuant to the statutes and case law of the state in which the minerals are located. Unfortunately this is outside my area of expertise, and I cannot help you on this one. Regards, Bob V...

Oil/Gas: Oil and Gas Royalties, barnett shale, oil and gas royalties
barnett shale, oil and gas royalties, royalty income: Dear Davis, You may need an attorney, but you can also arrange with a title company to prepare an abstract and then have an attorney render a title opinion on each tract of land to determine the mineral ownership. You could also hire a landman to do a take-off...

Oil/Gas: Oil and Gas Royalty Rates, federal leases, royalty rates
federal leases, royalty rates, gas royalty: Dear Dawn, Private royalty rates depend upon many factors, land located in a hot exploration area will command higher royalties, as will larger blocks of land (such as a large ranch or farm) in good areas. I ve seen private royalties as low as 1/8th and...

Oil/Gas: Oil/Gas refining, residual fuel oil, petroleum gases
residual fuel oil, petroleum gases, petroleum coke: Theorically petroleum can be changed and processed to form every known hydrocarbon products. It means that it s possible to produce gasoline from the whole crude oil available. But one of the main factors in crude oil processing is demand, which is a matter...

Oil/Gas: Oil/Gas research and drilling proposition, petroleum landman, royalty interest
petroleum landman, royalty interest, lawyer fees: Thank you Gary. You are most gracious. I believe that the West Virginia Department of Environmental Protection is the regulatory body in your state. It s at www.wvdep.org. When you are at the home page, look for the drop down selections under Offices...

Oil/Gas: Oil/Gas Wellheads - Relationship to Communication Towers?, costly methods, communication towers
costly methods, communication towers, communication tower: Jackie... Really sorry I took so long to get back to you. Been a bit hectic lately. The answer to both is no. Each system whether pumping liquids or compressing gas are engineered systems designed on total available through put. So everything depends on...

Oil/Gas: Oil & Gas well Royalty Interest, royalty checks, royalty check
royalty checks, royalty check, royalty interest: James. This is way out of my area of expertise. There is a landman listed in this portion of Allexperts, Thomas Holland who is better suited to answer your question. My immediate thought is to contact a title attorney and figure out exactly the amount of...

Oil/Gas: Oil / Gas, energy information agency, american petroleum institute
energy information agency, american petroleum institute, eia doe: Derron. Sorry, this is out of my area of expertise. It s more properly a refining question. However, you may be able to find out by visiting a couple of other websites. The first one I d recommend is www.api.org This is the home page for the American...

Oil/Gas: Oil to Gasoline, residual fuel oil, petroleum gases
residual fuel oil, petroleum gases, aviation gasoline: According to EIA, fuel products account for nearly 9 out of every 10 barrels of petroleum used in the United States. The leading fuel, motor gasoline, consistently accounts for the largest share of petroleum demand. Demand for motor gasoline alone accounts...

Oil/Gas: Oil and gas, feasibility study, maximum growth
feasibility study, maximum growth, oil and gas company: Dear Sir: The situation you explained seems really complicated. There can various answers, which have to be considered carefully and a feasibility study undertaken to evaluate them. Some solution I write you, however, I m not the decision maker. You...

Oil/Gas: Oil and gas, check stubs, acquisition fund
check stubs, acquisition fund, interest owners: Ron: Sorry for the delayed reply, I ve been away from a computer for the weekend. Oil and Gas companies know where to find production data, either from the public (usually state regulatory bodies) or commercial (IHS, LASSER) sources, or even by relationship...

Oil/Gas: Oil/gas activity - Bryan county OK, landmen, bryan co
landmen, bryan co, western arkansas: James, I am not current on lease activity in any state. My field is in the engineering rather than the legal end. However, I do know that the standard Oklahoma lease is $50/acre, 1/9 for 5 years. Any increase above this would be due to activity in the area....

Oil/Gas: Oil and gas lease, richland county mt, mr mcconnell
richland county mt, mr mcconnell, royalty rates: I sent you an email before I read your questions. There is only 240 acres described on the lease. The NE/4 is 160 acres and the E/2 of the NW/4 is 80 acres. I don t see where they get the figure of 300 acres. I would make the pooling subject to 40 acres...

Oil/Gas: Oil and gas lease, value of my home, lease contract
value of my home, lease contract, lessee: It should have a surface use only clause and the words laying pipelines should be lined through in paragraph 1 and initialed. That should solve the dig and destroy problems. Without doing this, it could adversely affect your property value. If and...

Oil/Gas: Oil &gas lease, anadarko basin, frederick scott
anadarko basin, frederick scott, dry hole: William, there are no gushers at all in township 8N-11W that I know of. I also have not found evidence that a dry hole or any other type of well was ever drilled in this section. There have been only a couple of new wells being drilled in the whole...

Oil/Gas: Oil/gas lease in Johnston county Oklahoma, johnston county oklahoma, family memebers
johnston county oklahoma, family memebers, gas lease: Cheryl, You can always ask for a higher royalty like a 1/5 then walk away if they do not accept. You can always call back and accept their terms. Let me know if you need some help with some special oil and gas provisions to protect once you get their...

Oil/Gas: Oil/gas lease rate in Oklahoma, johnston county oklahoma, gas leases
johnston county oklahoma, gas leases, gas lease: Dear Cheryl, I cannot give you a good answer because there are too many markets for oil and gas leases for me to keep track of. Go to www.naro-us.org and check the message boards to see if there are other landowners posting terms in your area. Also, read...

Oil/Gas: Oil & gas lease, coal bed methane, royalty share
coal bed methane, royalty share, lease language: Steve. Without any knowledge of what state/county or legal location of your land, I cannot comment on the specificity of Phillips offer. In Oklahoma, where I work and the area I am most familiar with, we almost never see leases go for a five year primary...

Oil/Gas: Oil and gas leases, Coal county, Atoka county OK, one of the lucky ones, coal county
one of the lucky ones, coal county, gas leases: Karen, sorry for taking a couple of days to get back to you; holidays and all! Also, you don’t have to be a “regular subscriber” to get an answer to your questions. You will receive an e-mail stating when your question has been answered; which is likely why...

Oil/Gas: Oil and gas leasing, deeper zone, gas leasing
deeper zone, gas leasing, completion technology: Dear Horton, I doubt they were being nice guys by asking for a lease. While you did not mention the depths, they may, in fact, be redrilling to a deeper zone and will re-space the unit to include additional acreage (yours) in a spacing unit. They also...

Oil/Gas: Oil and gas Mineral Lease, royalty owners association, national royalty
royalty owners association, national royalty, mineral owners: Ron. Visit the website of the National Royalty Owners Association or NARO at www.naro-us.org This is a good website dedicated to mineral owners. If your land is in Oklahoma, I can refer you to a reputable attorney. It doesn t sound like you have gotten...

Oil/Gas: Oil & gas mineral rights, texas railroad commission, oklahoma tax commission
texas railroad commission, oklahoma tax commission, oklahoma corporation commission: In Texas the Texas Railroad Commission is the governmental authority over oil & gas, In Oklahoma it is the purview of the Oklahoma Corporation Commission http://www.occ.state.ok.us/. On the homepage of the OCC is a link to the Oklahoma Tax Commission missing...

Oil/Gas: Oil/gas mineral rights, missouri pacific railroad, timber rights
missouri pacific railroad, timber rights, mineral rights: Owning the land, owning the mineral and timber rights are totally different issues. Conveying the right to minerals, timber and other properties are another. Sometimes these rights expire if they are nor exercised within a certain time frame. As i understand...

Oil/Gas: Oil and gas production records, midland energy library, texas railroad commission
midland energy library, texas railroad commission, schleicher county texas: Jane. I have to rush, but here s one way to proceed. I don t work the West Texas area regularly any more, but the old paper production books would contain the pre-unitization production numbers. I don t know if these data are in the public domain via the...

Oil/Gas: Oil and gas royalty conveyed to a trust, probate issues, mineral royalty
probate issues, mineral royalty, gas royalty: I would advise you to use an attorney to draft the instruments conveying the minerals/royalty to the trust. I would also advise to use the property descriptions and convey all of her right, title and interest in and to those lands underlying that property...

Oil/Gas: Oil to gas, conversion chart, efficiencies
conversion chart, efficiencies, hydrogen: I try to stay out of that end of things because they are so complicated. If you would like to look at a conversion chart, you might go to: http://hydrogen.pnl.gov/filedownloads/hydrogen/datasheets/lower_and_higher_heating_values.xls But even looking at this...

Oil/Gas: Oil Lease, lease agents, lease agent
lease agents, lease agent, oil lease: Mel, I don t understand all of the question. First the easy part. Mineral rights owners are researched at your court house. The deed records show ownership and divisions to heirs, sales with or without minerals etc. With the property description you have,...

Oil/Gas: Oil Lease Activity, oil lease, mineral rights
oil lease, mineral rights, extensive research: Not really if the well is 20,000 or deeper. Most units for wells over 10,000 deep are as large as 640 acres. Most companies lease acreage by the thousands and hundreds of thousands of acres. this appears to be a one or two well deal. If the well/wells...

Oil/Gas: Oil Lease question, legal land description, natural resources division
legal land description, natural resources division, white county illinois: Ken. In Oklahoma, a mineral owner has the right to access to his minerals, which translates that a surface owner may not block a well from being drilled in order to try and develop the mineral value. However, the way this plays out is tied in to the regulatory...

Oil/Gas: Oil Lease, oil lease, mineral rights
oil lease, mineral rights, royalties: It is unethical for a company to operate a well/wells and offer to buy minerals. Of course they know something you don t know. they are the operator. I doubt if they are withholding royalties, as that is very easy to track. They probably intend to drill...

Oil/Gas: Oil Leases Indian Land, thomas holland, county boundaries
thomas holland, county boundaries, sherdian: Liz. Another expert in Oil/Gas, Mr. Thomas Holland is an experienced Landman and is better suited to assist you. In my experience, it is a low percentage path for a small mineral owner to solicit a lessee. In this process, one likely outcome is your land...

Oil/Gas: Oil Leases in Oklahoma, oil leases, gas leases
oil leases, gas leases, mineral interests: Dear Tracy, First you need to inventory your mineral interests, make a list including the county and a legal property description. All oil and gas leases are required to be recorded in the county where the leased land is located, but if your interests are...

Oil/Gas: Oil Leases, petroleum landman, oil leases
petroleum landman, oil leases, gas leases: Lee. Consider posing your question to Mr. Thomas Holland also listed on this website under Oil/Gas. Mr. Holland is an experienced Petroleum Landman. He may be able to help you. It would be helpful if you identify your state and county. Based on my limited...

Oil/Gas: Oil lease agreement, Montague Co. Texas, montague county texas, acre lease
montague county texas, acre lease, petrohawk: Hiring attorneys is a matter of proportional economics. If you had given me the facts when you first asked your question, your net acreage would have been one of them. But, you make a general statement that applies to a large county, give an acreage amount...

Oil/Gas: Oil/lease agreements, oil lease, gas lease
oil lease, gas lease, mineral rights: Your father and his siblings own an undivided interest in the 100 acres of minerals. Usually in these situations, one or more of the siblings is dead and the mineral rights have passed to their heirs. In a few years there will be more than twice as many...

Oil/Gas: Oil lease companies, lease companies, oil lease
lease companies, oil lease, time factors: Dear Suellen, Producing oil and gas requires many surface equipemtns and pipelines, which could not be hidden. If you give a visit to the land, you may become sure, if there is any production. But if there is really no production, I do not know why they have...

Oil/Gas: Oil lease next to well, oklahoma corporation commission, woodford shale
oklahoma corporation commission, woodford shale, gas pool: I don t find a permit, but Pablo has unitized several; sections including 25 and has gotten an emergency pooling on Section 24. The leasehold in your section is pretty diverse. You are pooled on 320 acres for Atoka and 640 for the Woodford Shale. The Oklahoma...

Oil/Gas: Oil lease and royalties, texas railroad commission, lea county new mexico
texas railroad commission, lea county new mexico, royalty share: Dave, $10...and other good and valuable consideration or something like that, is a fairly standard contract provision, and I m assuming that s what you re referring to. It just means that some money was exchanged, or will be, but not just $10. I’m still...

Oil/Gas: Oil leases, roosevelt county montana, mineral owners
roosevelt county montana, mineral owners, landmen: Mary, You can contact the County Clerk, where the property is located. They see all of the leases that are recorded and they talk to all of the landmen that work that courthouse and ask them what the going terms for the area seem to be at this time. ...

Oil/Gas: Oil leases, oil leasing, gas lease
oil leasing, gas lease, step mother: Dear Anji, I will need more information before I can analyze your situation. You might consider asking the lawyer to supply you, as a part of the probate, with an exact legal description of the mineral rights, along with a copy of any oil and gas lease(s)...

Oil/Gas: Oil and Mineral Lease, montague county tx, cooke county tx
montague county tx, cooke county tx, mineral lease: Jacob, if you own the mineral rights and an oil company wants to lease it, they will contact you with an offer. It might behoove you to go to the county where your mineral rights are located and find out what s going on. You might want to research the title...

Oil/Gas: Oil & mineral lease unit size, texas railroad commission, jim callahan
texas railroad commission, jim callahan, gas accumulation: Mr. Callahan. I work primarily in Oklahoma but I have experience in Texas and some knowledge of the regulatory system. Texas has statewide rules or SWR in place for any well drilled whether oil or gas. Every well is placed in a regulatory Field/Reservoir...

Oil/Gas: Oil and mineral lease.....yikers....help, royalty owners, boiler plate
royalty owners, boiler plate, mississippi company: Shameka. Your Auntie is correct to be skeptical about signing something she doesn’t understand. I don’t work Mississippi so I cannot help you verify if the offering party is a reputable firm. My suggestion is to have the lease and offering party reviewed...

Oil/Gas: Oil and mineral rights in OK, wagoner counties, boom time
wagoner counties, boom time, ok bob: Kelly. I am not qualified to advise you on the transfer of the mineral rights. It depends on who specifically owned what, whether the person(s) left a will, etc. My suggestion would be to speak to a title/estate attorney who is expert in Oklahoma Law. ...

Oil/Gas: Oil Prices, mideast turmoil, eia doe
mideast turmoil, eia doe, price of gasoline: Dear Andrew, my expertise is in the upstream end where wells are drilled in search of oil and natural gas. I would, however, recommend you go to the web site below to see where the price of gasoline is derived and the factors that make up the cost. The price...

Oil/Gas: Oil Production and Agreements, public oil, casual observations
public oil, casual observations, bopd: John: I think I recall your other question - one about a very small, highly hyped public oil and gas company. It sounds like you are investigating another company like that. Let me begin with a major caveat. Although I am well versed in the Domestic US...

Oil/Gas: Oil Production, stock tanks, natural decline
stock tanks, natural decline, stock tank: Sun is a major purchaser of crude oil in Oklahoma. They have nothing to do with the production of the well or wells in question on your minerals. What I think you are seeing is the natural decline in production from whatever well is producing the oil for...

Oil/Gas: Oil production, microsoft excel spreadsheets, american petroleum institute
microsoft excel spreadsheets, american petroleum institute, energy information administration: Dear Tony. I don t have that kind of data at my fingertips. However I suggest you try this website. 1: http://www.eia.doe.gov/ This is the website of the Energy Information Administration. This is the arm of the Federal Government that compiles and...

Oil/Gas: Oil Reserves in the Middle East, international energy agency, opec producers
international energy agency, opec producers, opec countries: Chris, OPEC will account for 60 percent of total oil supply in 2030, compared to 40 percent today. Since most OPEC reserves are located in the Middle East, by 2030, according to the International Energy Agency, Middle Eastern producers will supply 50 percent...

Oil/Gas: Oil refining: gasoline X plastic, oil composition, petroleum institute
oil composition, petroleum institute, refining process: Fabio. I am not an expert in downstream refining, but it is my understanding that exactly what products get refined from crude oil or other feedstocks is dependent on the nature of the crude oil or feedstock and the configuration of the refinery. Perhap...

Oil/Gas: Oil refining, american petroleum institute, hydrocarbon molecules
american petroleum institute, hydrocarbon molecules, energy information administration: I actually don t know exactly, but I can point you to a couple of websites that may contain the answer. Try: www.eia.doe.gov This is the website of the Energy Information Administration. It is the department of the Federal government that tracks all types...

Oil/Gas: Oil rights, petroleum landman, coalbed methane
petroleum landman, coalbed methane, thomas holland: Stacey. Normally mineral owners do not actively solicit parties who want to lease their minerals. Some very large mineral owners do, but most small owners do not. If you are determined to do this, however, you may try and find a Oil & Gas Lease Brokerage...

Oil/Gas: Oil royalties, oil royalties, mineral acres
oil royalties, mineral acres, drilling unit: Kelsey. Unfortunately I am not experienced in Montana s regulatory system and can t really tell you much about what this regulatory hearing notice might mean. Regarding your other questions. It is not at all unusual for mineral rights to be divided up amongst...

Oil/Gas: Oil royalties, houston county texas, oil royalties
houston county texas, oil royalties, earth scientists: The theft of oil from surface storage tanks is not a totally unusual occurence, especially when prices are high the the production is very remote. However, the theft of oil production by drilling offset wells in hopes of draining oil out from under an adjacent...

Oil/Gas: Oil..how do we solve the national problem?, rough approximation, mature phase
rough approximation, mature phase, heffner: Austin. Your question is simply too long and involved for me to provide a simple or direct answer. Each one of your questions would require at least a long essay and that would only scratch the surface. I can offer at least one comment for your consideration....

Oil/Gas: Oil Well Adjcent to My land, getty oil, acreas
getty oil, acreas, drilling oil: Dear Karla, Actually, the matter you have mentioned is rather legal than engineering. Therefore, I would recommend you to go to a Legal Advice Organization for consulting (for example: http://www.usalegalcare.com/). Generally, consulting with an attorney...

Oil/Gas: Oil Well Royalties, medina county ohio, wickepedia
medina county ohio, wickepedia, oil royalties: Mark, Predicting the life of a well? No not really. If we could, the oil guys would be a lot richer. Many factors are involved in oil production from a well. Some will blow out millions of gallons and Blow out after a few days. Others keep on ticking like...

Oil/Gas: Oil well production, accurate response, bbls
accurate response, bbls, natural flow: Dear Paul, I would need more information to give you an accurate response. Whether or not a well is pumped or allowed to flow is dependent on a number of factors related to reservoir characteristics, such as pressure, porosity and permeability, presence of...

Oil/Gas: Oil well royalty, petroleum company, gas lease
petroleum company, gas lease, mineral rights: Dear Trevor, I m certainly no expert on Canada, but if in fact your father owns the mineral rights and there is production on his land, then he should have entered into an Oil and Gas Lease (or similar agreement) with the producer. The percentage of revenue...

Oil/Gas: Oil wells by schools, texas railroad commission, barnett shale
texas railroad commission, barnett shale, oil and gas producing region: Jessica. Simple answer is I don t know. In some cases, when a mineral owner also owns the surface real estate, there may be terms specifying how close a well may be located to a surface structure, such as no closer than 200 feet. If the school is in a municipality...

Oil/Gas: Oil, petroleum reservoirs, gravity drainage
petroleum reservoirs, gravity drainage, gravity drive: You have asked a question that is outside my area of expertise. Your question would be more properly addressed to a petroleum engineer or geologist who is experienced in 1) secondary or tertiary recovery technology, and 2) petroleum reservoirs with gravity...

Oil/Gas: OKLA O&G Lease Terms, royalty owner, gas royalty
royalty owner, gas royalty, oil royalty: James. The language regarding royalty deducts in excess of taxes is not ordinary and may be due to special circumstances of the region. The shut-in clause is fairly standard, although some lessors specify a limit as to how many years shut-in payments may...

Oil/Gas: Oklahoma, Bryan County, Section 13 8E 8S, bryan county oklahoma, frederick scott
bryan county oklahoma, frederick scott, leasing activity: Mary, not much leasing activity in that area right now, which means little competition for that $250 offer. You might take that lease, but I d insist on only a three-year lease with NO option to extend, UNLESS they agree to pay you at least TWICE the original...

Oil/Gas: Oklahoma oil wells, small plot of land, mineral owners
small plot of land, mineral owners, oklahoma oil: Lynn. I am not an expert on Oklahoma Oil & Gas Law nor on the Pooling Statutes, but I am pretty sure that the person you spoke to at the company may be mistaken regarding the pooling issue. One of the reasons for having a pooling mechanism is to enable wells...

Oil/Gas: Oklahoma taxes on Mineral Rights, gas leasing, leasing company
gas leasing, leasing company, mineral rights: Nelson. I own non-producing minerals in Oklahoma and have never been taxed. It s my understanding that you pay taxes on surface real estate and on oil and gas income derived from mineral ownership. BUT, please check with your tax advisor for I am NOT a...

Oil/Gas: Old Ky. mineral rights, prestonburg ky, freeburn ky
prestonburg ky, freeburn ky, mason dixon: Dear Mr. Steele, I am not familiar with the descent and distribution laws in Kentucky. There is a group called Mason Dixon Energy that can either do this for you (for a fee) or give you the name of someone who can. They are Landmen and work in the Appalachian...

Oil/Gas: Old Ky. mineral rights, freeburn ky, huntington west virginia
freeburn ky, huntington west virginia, thomas holland: John. As much as I would like to help you on this one, it is really out of my league. The first thing that comes to mind that might help is to contact a Title & Abstracting Company for the county(s) that your great grandfather owned minerals in. You may...

Oil/Gas: Old Oil Co., champion oil co, old stock certificates
champion oil co, old stock certificates, gas leases: Ed. My expertise doesn t cover the question you pose, however I ll make this suggestion. If there were stock certificates, there s a chance the company was registered (maybe even founded) in the state of Texas or whatever state the company listed as its...

Oil/Gas: OWNERSHIP OF PROPERTY, drilling rig, surface owners
drilling rig, surface owners, behavoir: Kathryn. This is a legal question and is best handled by your attorney. I am familiar with this process, however and can offer these observations. You refer to our contract which ought to be a Surface Damage agreement. If this is a document that governs...

Oil/Gas: Ownership / Leases, crane county texas, texas railroad commission
crane county texas, texas railroad commission, prolific producers: Andy, I’d agree with you that your Aunt selling her minerals for a mere $50 per acre (assuming she owned the same as your Dad) was a pretty low price. That would even be a low price for a LEASE in my opinion. Crane County Texas is (I think) one of the more...

Oil/Gas: Ownership of severed minerals in Arkansas, van buren county arkansas, arkansas minerals
van buren county arkansas, arkansas minerals, van buren ar: I have no idea. I own minerals all over the country, none in Arkansas, and I have never been sent a tax bill for minerals that were not in production. How do you appraise them? I doubt the State of Arkansas would care who owned the minerals, as they don...

Oil/Gas: How do we obatin info on mineral rights we just discovered?, mineral transactions, three wells
mineral transactions, three wells, abstractor: Teshia, This type of research could be a bit costly, but if you are sure you own mineral rights and may be entitled to some proceeds it could be money well spent. In the meantime I will give you some advice as to how to proceed in the least costly manner....

Oil/Gas: How to obtain ethical trustworthy advice on how to lease my mineral rights, mineral owners, petroleum exploration
mineral owners, petroleum exploration, mineral owner: It sounds like you wish someone to make you an offer to lease your minerals? You are correct in that an oil and gas attorney is usually the one who represents a mineral owner. Normally mineral owners do not advertise their minerals are for lease, except...

Oil/Gas: Does an offer to lease mineral rights mean you own the mineral rights?, mineral rights, due diligence
mineral rights, due diligence, public documents: Oil was discovered in Texas in 1900. You need to run the records back to the tract that eventually became a subdivision, then run that tract back to 1900. If you got an offer to lease, the company believes you own some portion of the minerals. Covenants...

Oil/Gas: offer to purchase royalty deed, north louisiana, best of luck
north louisiana, best of luck, shreveport la: Kevin, They usually know more than you do about purchasing these rights. Unless she really needs the money i would not recommend selling more than half of her interest. Let me know where her interest is, how big it is, what they are offering, who is...

Oil/Gas: ogm, west virginia, natural gas wells, royalty rights
natural gas wells, royalty rights, royalty check: Gary, most potential purchasers of producing properties will offer to pay 48 or so times the average check amount over the last six months to the mineral owner. For instance, if your average royalty check over the last six months was $250, then they d likely...

Oil/Gas: oil, 1994 volvo 940, volvo 940
1994 volvo 940, volvo 940, toyota sienna: Karl, No, it is not worth the price. Castrol is inherently expensive to use due to its marketing to the public. Also Syntec is not a true synthetic, but what we call a group III product. true synthetics are a group IV. Group III products are made from...

Oil/Gas: oil, arab oil embargo, trans alaska pipeline
arab oil embargo, trans alaska pipeline, alaskan oil fields: Jerry, The debate echoes from three decades ago, when the country was reeling from the Arab oil embargo of 1973. As the Trans-Alaska Pipeline was authorized that same year to open Alaska s North Slope oil fields, Congress banned exporting the oil amid...

Oil/Gas: oil, geography class, economic chaos
geography class, economic chaos, unstable countries: Hi folks, Here is a simple pros and cons list of using oil as the fuel we use most. Pros: 1. Oil is available and there are ships and pipelines to get it to market, refineries to make it into things we use. In other words, the infrastructure is already...

Oil/Gas: oil, alternative energy sources, nasty stains
alternative energy sources, nasty stains, unrestrained exploration: Donte, Your science teacher sounds like one I had. Nice question. Pros: 1. An easily obtainable energy source 2. Used to manufacture inexpensive plastics 3. Used to manufacture lubricants and greases 4. Readily available source of Hydrogen 5. used in...

Oil/Gas: oil in Alabama, clarke county alabama, petroleum geologist
clarke county alabama, petroleum geologist, earth scientists: Here is an interesting website that you might find useful. http://www.priweb.org/ed/pgws/backyard/sections/southeast/southeast1.html Oil and Gas are found in areas referred to mainly as geological basins or provinces . Southwestern Alabama is in the...

Oil/Gas: oil change, honda engine, filler plug
honda engine, filler plug, push mower: Shelton Only really two places it could be - on top of the mowing deck near where the engine is mounted to the deck or under the deck. Shouldn t be hard to locate. Worst case if it can t be located, remove the filler plug and tip the mower to drain. Not...

Oil/Gas: oil crisis in 1979, arab oil embargo, doctoral dissertation
arab oil embargo, doctoral dissertation, shah of iran: Dear Peter. The question you pose would make a very nice Master s Thesis or even a Doctoral Dissertation in Political Science or World History. What I mean is that this question is really much too long and involved for me to even begin to answer. Moreover...

Oil/Gas: oil &GAS abilities, piping systems, oil gas industry
piping systems, oil gas industry, conversational mode: I assume this is a duplicate question. Just in a conversational mode, I have found that people go to school to learn, but are rarely prepared for what they encounter in the real world. Most of the engineers that I ve worked with, just out of school, have...

Oil/Gas: oil &GAS abilities, transportation pipeline, piping systems
transportation pipeline, piping systems, oil gas industry: Iman.... There is a multitude of information on this subject. Many of the matter of fact materials (gas compression, fluid flow) can be found in library books of larger institutions. For some of the how to apply materials, you will need to go to the standards...

Oil/Gas: oil @gas, petroleum landman, new deep well
petroleum landman, new deep well, dry holes: Homer. I ll have to read into your question a little bit. If you granted a 160 acre lease and there has been continuous production - it s possible that the lease is still held by production or HBP by the lessee. In that case, you don t have anything to...

Oil/Gas: oil and gas, palo pinto texas, royalty owner
palo pinto texas, royalty owner, royalty interest: It sounds to me as though your grandfather reserved a 1/16 x 8/8(.06250)non-participating royalty interest. The form is a ratification of the Oil & Gas Lease, since there is no other way to pool your royalty interest with the lease. If the 308 acres is...

Oil/Gas: oil and gas agreement, royalty share, technical attributes
royalty share, technical attributes, drilling unit: Tim. an oil and gas agreement Was this an Oil and Gas Lease? If so, get it out and read it. It should stipulate what your royalty share is. You may want to contact the Pennsylvania Bureau of Oil and Gas - see this website: http://www.dep.state.pa.us/dep/deputate/minres/oilgas/oilgas.htm...

Oil/Gas: oil and gas contract, gas pool, legal location
gas pool, legal location, gas contract: David. I am not familiar enough with the Texas Regulations that I can answer your question. You might get some help from the Railroad Commission (O&G Division) if you know the legal location, name of the well, and if possible the name of the regulatory field....

Oil/Gas: oil & gas drilling near property, tank battery, oil man
tank battery, oil man, gas drilling: Dear J.M. You have a complicated situation here. First of all, you either have the mineral rights or you don t. Ask the lease agent to show you why he thinks you do. 2. Check with Illinois oil and gas regulators about acceptable spacing. I would not...

Oil/Gas: oil/gas drilling negotiations, surface damages, tank battery
surface damages, tank battery, gross production: From the sound of this you have two things going at once. You are being offered a lease with $1,000 rent and 1/8 production and you are being offered surface damages of $1,000 per year. Let’s get them negotiating for real. $1,000 payment for less than an...

Oil/Gas: oil gas lease, antero resources, acre unit
antero resources, acre unit, atoka oklahoma: If you could fax me the offer letter to purchase the minerals, I may be able to get you a better offer. (713)524-3153 You realize of course that you only described 10 acres. If he is pooled in a 640 acre unit he only owns 10/640 X his royalty amount. ...

Oil/Gas: oil and gas lease, minimum royalty, gas lease
minimum royalty, gas lease, matter of law: Dear Gayle, I m really sorry to state that such a point is a matter of law and not of engineering. I would like to recommend you to contact a local lawyer or expert to find out the minimum royalty, which mainly depends of local laws and conditions. For...

Oil/Gas: oil and gas lease, woods county oklahoma, oklahoma corporation commission
woods county oklahoma, oklahoma corporation commission, certified mail: Respond to them in writing, immediately, by certified mail with return receipt requested. You or your predecessors in title have been named in an application for pooling in Section 18. If your minerals are in the West half, there is a forced pooling action...

Oil/Gas: oil and gas lease, woods county oklahoma, chesapeake energy
woods county oklahoma, chesapeake energy, royalty rate: George, if your interests are in the west 1/2 of the section, then you may have been force-pooled already, in which case it is too late to lease. This is not really a bad thing however. It just meanst that the lessee applied to the State to force you to...

Oil/Gas: oil and gas lease, dickens county texas, royalty rate
dickens county texas, royalty rate, mineral owner: Christine. Mineral ownership is very similar to real estate ownership. In fact, it is some times referred to as the mineral estate to differentiate it from real estate . You hold title to minerals just like surface real estate. You may sell real estate...

Oil/Gas: oil/gas lease, atoka county oklahoma, frederick scott
atoka county oklahoma, frederick scott, gas lease: David, anyone who wants to lease your minerals will most likely not even want to lease the surface. They will of course have the right to get to the minerals by using the land, if they plan to drill a well. And yes, you can lease the minerals without...

Oil/Gas: oil and gas lease, petroleum place, gas leases
petroleum place, gas leases, gas lease: Dear Ernie, It s like anything you own and want to sell. Find a market and advertise. For oil and gas leases, you will need to know about the geological province, the type of exploration plays going on there and who the active players are. You can then...

Oil/Gas: oil & gas lease, surface owner, responsibilty
surface owner, responsibilty, energy company: Darlene, Ask the oil company if they would be willing to give you a copy of the title research they did on your property. They should be willing to do this and it will save you time and money. This should answer your first question. Yes, I would hire...

Oil/Gas: oil and gas lease, harris county texas, deeper zone
harris county texas, deeper zone, initial check: Geneva, OK. Neostar purchased some leases in this survey, along with an old well, the Sherry #1. They permitted a re-entry of this well to complete in a deeper zone. The permit was dated in May of last year. The permit is active but apparently the re-entry...

Oil/Gas: oil and gas lease, proper legal advice, surface owner
proper legal advice, surface owner, gas lease: Daniel. Unfortunately I do not know the answer to your question for a lessee (presumably this operator is the lessee) who has the leases on less than 100% of the minerals, regarding the right to enter the surface. I do know that a surface owner may not block...

Oil/Gas: oil/gas lease, mineral owners, seismic surveys
mineral owners, seismic surveys, seismic work: You are the third member of that family that has asked the same questions. If you own the minerals, unless someone else has the executive rights, have the right to sign instruments affecting the minerals you own. Companies do not just go out and shoot...

Oil/Gas: oil/gas lease, chireno texas, acre tract
chireno texas, acre tract, gross acres: Unless you want to be in the oil business, where people write a lot of checks and hope they get it back, make a deal with the company. If the other forty percent leases to the company, they can pool them and leave your interest out of the unit. You can file...

Oil/Gas: oil & gas lease agreement, bonus option, decent production
bonus option, decent production, frederick scott: Jeff; DON T consider participating in the well unless you have working knowledge of the oil and gas business...which it appears you don t. No offense, but participating in a well can be very complicated and very costly. Just take a royalty and sit back and...

Oil/Gas: oil gas lease letter, vermilion parish louisiana, kaplan field
vermilion parish louisiana, kaplan field, law school graduate: Dear Gibson, This letter is a notice of pooling that the operator of a well is required to send to all owners, whether they are owners of the surface or of the minerals. Pooling occurs when a single well will drain an area that is covered by more than...

Oil/Gas: oil & gas lease offer, sevier county utah, lake meridian
sevier county utah, lake meridian, dry holes: I would have no way of knowing who their client is. There have been a few dry holes in and around the townships you mentioned, but no production. 6400 acres is 10 sections. I think I would wait it out until the price gets right or they make a discovery...

Oil/Gas: oil and gas lease proposal, dunn county north dakota, dickinson north dakota
dunn county north dakota, dickinson north dakota, mineral acreage: It means that someone else owns the other half as a co-tenant/s with you and your siblings in a tract of land containing 160 acres. A lease describes exactly what is being leased. Ask the landman for a copy of the deed where the minerals were severed from...

Oil/Gas: oil and gas lease question, garfield county colorado, antero resources
garfield county colorado, antero resources, colorado township: Send me the lease if you want me to look at it. I can t do much with this language out of context. All leases have $10.00 and OVC as the consideration. They offered you a lot more money than $10.00. Draw a line through that sentence at question 3 and initial...

Oil/Gas: oil and gas lease rates South Oklahoma, leasing land, mineral owners
leasing land, mineral owners, brokerage firms: Dear Mr. Brewster, I am trying to stay out of the issue of whether an offer is fair or not, there is simply too much variation in the market for me to keep track of. The best way to judge this is to network with other mineral owners in the area. You might...

Oil/Gas: oil,gas lease rights on land, pennsylvania mountains, lease rights
pennsylvania mountains, lease rights, gas lease: Bob: Chesapeake is one of the biggest in the USA today. Were the rights leased or sold? Big difference. You need to see the lease/sale instrument. May be it is a non-development lease because you are talking about 3 acres. See an attorney about the...

Oil/Gas: oil & gas lease with top lease, mineral owner, gas lease
mineral owner, gas lease, landman: Tasha I don t know how much money is involved, but I would retain the services of an oil and gas attorney to sort this out for you. But before you do that, I would contact the oil company you have the top lease with and ask if they will help you out with...

Oil/Gas: oil and gas lease, heir property, mineral leases
heir property, mineral leases, mr holland: Dear Amanda, My sources show no well/permits to drill in this Abstract in Houston County. Below is a list of all the leases taken there. The name in all caps on the left is the lessor. Untitled Search Grantor Grantee Vol/Pa ge Inst. Type Count y ...

Oil/Gas: oil and gas leases in louisiana, gas leases, mineral owners
gas leases, mineral owners, price questions: Dear Ms. Johnson, I try to steer clear of going price questions because there are too many local markets for one person to keep track of. The best way to find this information is to network with other mineral owners in the area. You may be able to find...

Oil/Gas: oil and gas leasing companies, barnett shale gas, johnson county texas
barnett shale gas, johnson county texas, petroleum landmen: Dianna. I m going to read into your request. You are in a neighborhood setting south of Fort Worth? You are being pressured to sign an oil and gas lease by a leasing company or a lease brokerage firm. You may even be contacted by individual petroleum...

Oil/Gas: oil and gas mineral lease, severance tax, mineral acres
severance tax, mineral acres, mineral lease: Ron. Please consider my answer an estimate, because although I am familiar with the process, this is not my professional area of expertise. Anyway, here s how it normally works. You are entitled to the fraction of revenue from the sale of oil or gas set...

Oil/Gas: oil, gas and mineral lease question, lessee company, appalachian basin
lessee company, appalachian basin, magnetic methods: Dear Keith; The paragraph lists the consideration -a needed part of every contract: here 1)the binder $10.00, 2) the future payment of royalty (from sale of oil & gas) and 3) other promises [such as use of house gas]. It then says what the lease agreement...

Oil/Gas: oil & gas mineral lease, gas exploration companies, oil gas exploration
gas exploration companies, oil gas exploration, cherokee counties: The big players are Dominion and Chesapeake, but there are some others on the horizon. I have been over there and actually went to the wells Dominion drilled in St. Clair County. I wasn t that impressed with the play. The drilling is going to be a lot tougher...

Oil/Gas: oil, gas mineral lease, clay county ms, mineral leasing
clay county ms, mineral leasing, acre tract: Dear Paul: I have strong feelings about the lawyer you sought advice from, but I won t go there. In answer to your question, no, she doesn t have to lease at all. Not leasing does have consequences. I m not familiar with MS, but generally, an unleased...

Oil/Gas: oil,gas,mineral paid up lease form88-198(r), royalty provision, property borders
royalty provision, property borders, devon energy: Your one acre tract is only going to be in one unit. Your one acre tract is too small to drill, so line through the right to lay pipelines in the first paragraph of the lease and initial it. Amend the royalty provision to one-fourth (1/4) and initial it....

Oil/Gas: oil, gas, and mineral rights in various states, mcpherson county nebraska, garfield county montana
mcpherson county nebraska, garfield county montana, kidder county north dakota: Bobby, The good news is, the possible ownership of mineral rights is a great thing. The challenge is these mineral rights are spread out among numerous counties, making the research more time consuming and therefore more costly. However, I have a few...

Oil/Gas: oil, gas mineral rights, mineral owner, surface owner
mineral owner, surface owner, gas lease: If someone wants to drill a well, they will find your mother to secure an oil & gas lease. The minerals prime the surface estate. The surface owner cannot deny ingress and egress to the mineral owner for the purpose of exploring for and developing the minerals....

Oil/Gas: oil/gas mineral rights/lease, cheasapeake, xto
cheasapeake, xto, encana: The Courthouse is in Centerville. You can go in there and run the OPR Official Public Record. I can tell you that Burlington, Chesapeake, Encana, and XTO are the big players. If you had read my instructions and included the Survey and Abstract #, I...

Oil/Gas: oil & gas mineral rights, pushmataha county oklahoma, mother and grandmother
pushmataha county oklahoma, mother and grandmother, mineral rights: I am assuming your mother and grandmother shared a 50% interest and someone else owns the other 50%; then each owned 10 net acres (40*.25) out of the 40 acre tract. When your sister inherited the property, each of you would share the 10 net acres (40*.125=5),...

Oil/Gas: oil/gas mixture, gas mixture, gas cans
gas mixture, gas cans, excessive smoking: Brian, Sorry about the delay, Time Warner is wonderful (NOT) No! do not put the mixture in your car. It may foul your plugs, cause excessive smoking, and depending on the car, foul your injectors and pump. Not to mention your catalytic convrter. contact...

Oil/Gas: oil/gas mixtures for 2-cycle engines, golf course turf, heat failure
golf course turf, heat failure, gas mixtures: Jacqueline, Manufacturers of these types of tools take into careful consideration the types of work they are going to do, as well as the make up of the power sources they utilize. This can entail the load put upon the various components in the engines,...

Oil/Gas: oil and gas reserves, geological maps, seismic survey
geological maps, seismic survey, living in the usa: Dear Sir: Unfortunately, I m not living in the USA, nor have got idea about the geological status of the region. And besides, I don t know, what you are looking for. You may consult a geologist, who has access to geological maps of the region. There...

Oil/Gas: oil/gas rights, county court house, lease rights
county court house, lease rights, warranty deed: Mr. Allen, I hope this works, as I m copying a document I prepared. Sorry for the length, but you had good questions. Let me respond this way: • Question: How do I know if I own the rights? Response: The easy way may be to ask the broker/landman...

Oil/Gas: oil and gas royalties, oil and gas royalties, blacktop road
oil and gas royalties, blacktop road, oil royalties: Charles, it’s unlikely that the company is paying your neighbor across the road any of your royalties. If you are not receiving any, it’s likely that your minerals are not included in the unit your neighbors well is in. When a well is drilled, the companies...

Oil/Gas: oil & gas well lease, acre plot, drilling unit
acre plot, drilling unit, coogan: Bob:--yes it sounds about right, but there is guarantee that all your 45 acres will be in a drilling unit. A million a day 1MMCF 1s about $6-9 thousand dollars a day. Is that actual production or what one hopes for. the lease rental of $10/acre ($450, say...

Oil/Gas: oil and gas well pools, texas railroad commission, fields reservoirs
texas railroad commission, fields reservoirs, field discovery: At present your lease is not in any pool. When a well is permitted, it will be included in what is referred to in Texas as a Field/Resrvoir combination. The drilling permit will state what field and what reservoir(geological formation) they are targeting....

Oil/Gas: oil/gas, oil drillers, appalachian basin
oil drillers, appalachian basin, earth scientists: Gary. I don t think my answer meant that there actually were any shallow wells on your place. I meant that you could be in an area where shallow wells might be drilled on your land. It is, however, entirely possible that there has been a well or well s...

Oil/Gas: is there oil on my land, professional methods
professional methods: Generally, to investigate if there is any oil, you need to have a survey on your property. The most convenient way is to use gravimetry. Other methods like magnetometry, seismic, etc are other more professional methods, which are usually done after positive...

Oil/Gas: oil leak, oil drip pan, gasket seal
oil drip pan, gasket seal, oil leaks: Sorry to hear about your oil leak. The cost of repair is based on whats leaking. And it could be a lot of things. Can you see where the oil is leaking from? I know thats a hard one. Usually the oil has pretty nuch covered everything in sight, and all you see...

Oil/Gas: oil lease, oil lease, mineral rights
oil lease, mineral rights, personal representative: I need to know some additional facts, like what state and County. You should have been deeded the mineral rights by executors deed by now. If the estate is still in Probate, the executor can act on behalf of the estate, but you should get the money or the...

Oil/Gas: oil lease, probate administration, mineral deed
probate administration, mineral deed, oil lease: Tiffany, I will try to answer your question. I don t know how to say this, but the executioner may have been responsible for you meeting the executor of your deceased friends Estate, or the executor may be an executioner for all I know. Regardless, you gave...

Oil/Gas: oil lease royalty payments, gas leases, royalty rate
gas leases, royalty rate, royalty payments: Dear Frankie, Wow, I can t imagine. What kind of document did you sign? Every oil and gas lease sets forth all of the terms. It is a contract between the oil company and the mineral owner(s). You can go to www.naro-us.org and get alot of general information...

Oil/Gas: oil lease, mineral owner, interest owner
mineral owner, interest owner, oil lease: Stephen. You should ask an Oil&Gas Attorney experienced in the mineral and regulatory laws of your state. However, in my experience in Oklahoma, the mineral owner bears NO costs of drilling UNLESS the mineral owner decides to participate in the venture...

Oil/Gas: oil leases, oil leases, acre unit
oil leases, acre unit, lease holder: I m not really an expert in this area, but rather gas distribution. Your question is also a bit confusing to me. The way I understand it is that there can be a difference between the lease holder and the group that exercises the lease (drills the well). It...

Oil/Gas: oil leases, meaningful value, oil lease
meaningful value, oil lease, naro: Dear Mr. Guess, The prices will vary dramatically depending upon the level of exploration in an area, and competitive factors, so I cannot give you a meaningful value. I suggest you search the message boards at www.naro-us.org to see what other landowners...

Oil/Gas: oil leasing, oil leasing, oil broker
oil leasing, oil broker, fair deal: Amelia, Good morning. I would ask the broker any questions you have about the activity in the area, your title, the nature of the area (i.e. wilcat) etc. Please let me kno wwho is trying to lease you and the number of acres you own. If you would like...

Oil/Gas: oil & mineral leases, professional landman, petroleum geologist
professional landman, petroleum geologist, mineral owner: Your followup sounds like a situation that occured with Gulf Petroleum in West Texas. Instead of taking a lease that allowed them to hold by production for as long as there was commercial production, they took a term lease for 50 years. In the early...

Oil/Gas: oil and mineral rights, hughes county oklahoma, royalty checks
hughes county oklahoma, royalty checks, mineral interest: You are already leased and the lease is held by production. Now they are going to drill three or four more wells inside the same unit and they want to purchase your minerals so they will get the increased royalties. Just hold on to your minerals and you...

Oil/Gas: oil n gas, oil futures, mcf
oil futures, mcf, bbl: Erika. I wish there were a simple answer to this question. Unfortunately, this one is pretty much beyond my expertise. For a long time, the price of the two commodtites were roughly equivalent according to the BTU (heating value) of each. Based on this...

Oil/Gas: oil price, coke bottle, european markets
coke bottle, european markets, fuel prices: Michael, Yes they are. They have had an increase of 0.05 per gal on unleaded since last month, and have had increases every month since the prices started to go crazy. I believe the worst is in Hungary, where the price is around 2.35 per liter (usual method...

Oil/Gas: oil production, stock tanks, regulatory unit
stock tanks, regulatory unit, regulatory report: Tiffany: I don t know why a company would wish to renew a lease if it has established commercial production of oil or gas. Usually this fact is enough to hold the lease by production - we call it HBP for Held By Production. Sometimes a company may wish...

Oil/Gas: oil production, cia factbook 2007, oil consumption
cia factbook 2007, oil consumption, dear barbara: Dear Barbara, Seems to be an interesting topic. Is it a master or a bachelor? Back to your question, let me correct - or let s say - add to my word, what we produce (extract from wells) and what we import, is consumption. The US production is round...

Oil/Gas: oil production, dear jerry, exact answer
dear jerry, exact answer, oil production: Dear Jerry, This way, I can t help you much. Would you please explain me, what the problem is. As far as I know, the tubing can t be repaired. Replacing a 4500 ft of tubing seems nonsense. Depending on the geometry and status of the well, you may use packers...

Oil/Gas: oil rights ownership, logan county oklahoma, mineral acres
logan county oklahoma, mineral acres, title attorney: Sharon. I suggest you contact an Oil & Gas Title Attorney about your questions. If you know the legal description of your minerals, the attorney should be able to assist you in determining how many mineral acres you own, whether they are leased or not and...

Oil/Gas: oil rights to property, petroleum landman, conveyance documents
petroleum landman, conveyance documents, thomas holland: Sorry for the delay in reply. This question is better answered by your abstracting and title company that prepared your deed and conveyance documents. Also, there is another expert in Oil/Gas, Mr. Thomas Holland, who is a petroleum landman who can answer...

Oil/Gas: oil rights, orderly development, bowe
orderly development, bowe, oil reserves: Dear Joe, this is way out of my area of expertise, but I suspect that orderly development of cross-border oil reserves depends upon the various treaties the two countries have in place and whether or not the boundary itself is in dispute. I will have to...

Oil/Gas: oil royalty, oil royalty, gas royalty
oil royalty, gas royalty, mineral acres: Tiffany. Oil or Gas royalty is calculated by the same process. Your royalty will be the royalty specified by your lease proportionately reduced by the amount that your net mineral acres (in this case 60? If you were paid a lease bonus on a $/acre basis...

Oil/Gas: oil storage, oil activists, internal tanks
oil activists, internal tanks, salt domes: Amy: Crude oil is dehydrated mostly by storage in large tanks where the longer residence time allows water to separate and be drained off. When enough dry oil is accumulated it is pumped onto a tanker attached to the shore by a jetty or a buoy that is...

Oil/Gas: oil on surface, natural seeps, jed clampit
natural seeps, jed clampit, rivers and streams: Frank, it is possible that it is oil but not probable. There are many natural seeps of oil in the US, particularly in California. More likely, it is a kind of muck that is rich in decayed organic matter, which has the consistency of oily mud and even smells...

Oil/Gas: oil terminals, flexible pipelines, storage containers
flexible pipelines, storage containers, storage tanks: Hi Sofia, Well when a tanker of product arrives there are a number of way that the product is offloaded. One way is that the tanker ties up to a small mooring platform about a 1/4 mile offshore. This platform is the terminus of a series of flexible pipelines...

Oil/Gas: oil volume per acre, porosity, one foot
porosity, one foot, sq feet: Dear Sir: Every acre is 43,560 sq. feet. So one foot by 43,560 sq feet makes 43,560 cu feet. Every cu foot is 0.178 barrel of oil. So 43,560 cu feet is equal to 7,758.368 barrels of oil. Now you have got only 24 - 30 percent of this space available...

Oil/Gas: oil well drilling and completion costs, conductor pipe, surface damages
conductor pipe, surface damages, weather roads: You will need to secure a lease, secure a title opinion from an attorney. You will need to settle surface damages with the landowner. You will need to have the location surveyed for a permit. You will need to get a permit from the state to drill, You will...

Oil/Gas: oil well drilling and completion costs, american petroleum institute, society of petroleum engineers
american petroleum institute, society of petroleum engineers, petroleum engineer: Theo. This question is really outside my expertise, and rather long and involved for the allExperts venue. The Texas/Oklahoma area is huge, and you need to be much more specific because drilling contractors, field services, and conditions are all regional...

Oil/Gas: oil well royalities, petroleum landman, acre unit
petroleum landman, acre unit, mineral acres: I d be happy to give some idea of how this works, BUT a few caveats and assumptions. 1 - Your inquiry needs to be reviewed by a Professional Petroleum Landman. Most are members of the AAPL (Amer Assoc of Petro Landmen). 2 - Each state (Texas, Oklahoma,...

Oil/Gas: oil well safety concerns, hydrogen sulfide, components of crude oil
hydrogen sulfide, components of crude oil, caution sign: That sign is almost, not the same, just almost, like the sign that informs you that falling off of your ladder may cause injury. Hydrogen Sulfide, H2S, can be one of the components of crude oil. It is colorless, heavier than air and smells like rotten eggs....

Oil/Gas: oil well, two wells, half mile
two wells, half mile, salvage: Arlinda. When a well is plugged - it normally involves cutting off of the upper part of the casing string that is not fully cemented and pulling it out of the hole for salvage. When this occurs the only part of the hole that is easily available for re-entry...

Oil/Gas: oil wells, acre unit, pollok texas
acre unit, pollok texas, mineral rights: Ashley. There is no way I can tell you how much? . Your leasehold will be incorporated into the appropriate spacing units and if your lease is made a part of a regulatory spacing unit, then you will recieve your share of the royalties according to your...

Oil/Gas: oil wells, acre unit, term profit
acre unit, term profit, mineral rights: Ashley, That s really not my area of experience. I believe they pay you based on production and not the number of wells. If you have a 3/16 interest, then it would be 3/16 of the total amount of production. I assume they will put in more wells based only on...

Oil/Gas: oil, gravity drainage, gas reservoirs
gravity drainage, gas reservoirs, oil reservoirs: The crestal part of an oil reservoir refers to the highest structural position of a structural trap. The structural position of a subsurface rock layer is expressed in feet below mean sea level and is calculated by subtracting the measured depth from the...

Oil/Gas: oklahoma okfuskee county sec 5 11n 10e, frederick scott, okfuskee county
frederick scott, okfuskee county, cmm: Wes, if they did a title search, then they likely do have your interest correct. However, mistakes are made; and I agree, you shouldn t have to do their work for them. They probably think they are right though and that s why they asked you to send them any...

Oil/Gas: old oil well on my property, owsley co ky, viable entity
owsley co ky, viable entity, open pipe: Doug, I know you own the surface, but do you own 100% of the minerals? It sounds like they are obligated to plug the well and restore the surface that in the absence of doing so you could be liable if someone is injured around it or if their is some enviromental...

Oil/Gas: I own land in ND, mineral owners, shallow oil
mineral owners, shallow oil, mineral owner: Thayer. Forgive me, but your situation is still not clear. You say the company has paid lease payments but I don t know if you mean a bonus payment for a new lease or royalty payments for a lease already in production. Also, I don t know if the...

Oil/Gas: If I own the land and not sure about the, professional oil, mineral rights
professional oil, mineral rights, definitive answers: My apologies on the delay in replyling to your inquiry. Your questions are best answered by either an oil & gas attorney who is familiar with the mineral laws of your state or a qualified professional oil & gas landman. These are the individuals who can...

Oil/Gas: I own the surface but not the gas mineral rights, can I prevent the drilling of a well., natural gas drilling, pennsylvania state law
natural gas drilling, pennsylvania state law, mineral owner: Mike. I am not qualified to reply to your question directly. You need to speak to an oil and gas attorney who knows Pennsylvania State Law regarding a mineral owner s access rights. This is an issue that arises often and should not be anything new for...

Oil/Gas: can owner of mineral rights drill on my land?, dear delores, pa dept of environmental protection
dear delores, pa dept of environmental protection, dept of environmental protection: Dear Delores, From the PA Dept. of environmental Protection website: The Commonwealth recognizes the rights of a mineral owner to develop the resource. If you do not own the oil and gas under your land, you cannot prevent the mineral owner s reasonable...

Oil/Gas: owner rights versus mineral rights, mineral acres, drilling unit
mineral acres, drilling unit, surface owner: Ocia. I am not an expert in this matter, but it is my understanding that every State has dealt with this problem and each State will probably have different statutes and case law that answer this question. In Oklahoma, where I live and work, a surface owner...

Oil/Gas: owning mineral rights and particpating in drillin, interested investor, royalty income
interested investor, royalty income, mineral rights: Tammy. Your question has many parts to it and I cannot really answer you directly. I would need to know much more about the situation to be of any real assistance. Plus the business of unclaimed royalty income and your state s statutes and oil and gas regulations...

Oil/Gas: who owns a gas station chain ??, gasoline marketing, google search
gasoline marketing, google search, producing natural gas: Tina. This is outside my expertise. I suggest you seek out an expert in gasoline marketing. Or try a google search on enmark . I did and found enmarkservices.com which appears to be a company that sells refined products. You might try asking an employee...

Oil/Gas: Who owns my mineral rights, tax receipt, cad office
tax receipt, cad office, mineral rights: The CAD office has plats of all of the tracts in the County. You can go to the county courthouse and find your deed and then run the title backwards until you find the mineral reservation. You should have gotten a title policy with your home. In the...

Oil/Gas: Partial ownership - can we drill?, mineral interest, ownership percentage
mineral interest, ownership percentage, courthouse records: Dominic, they will likely force-pool anyone who they can t get a lease from so to answer your question, yes, it is OK to drill without the other s consent. The oil company, via the State, will eventually force them into the unit if a well is to be drilled....

Oil/Gas: Peak Oil, world oil production, crude oil production
world oil production, crude oil production, conventional crude oil: Your calculation seems right. By 2037, we would have produced up to 1.27 trillion barrels of oil. According to the World Factbook, there are 1.349 trillion barrels of PROVED oil reserved. So, it s logical. There are 1.349 trillion bbl and we will produce 1.27...

Oil/Gas: Petroleum Economics - What is it?, world energy supply, petroleum economics
world energy supply, petroleum economics, natural gas prices: Dear Emmanuel, Your question is somehow complicated. As you know, econimics, crude oil and natural gas prices are intensively tied up with politics. Prices are not mainly depended on the shortage, but political concerns. Shortage of crude oil, natural...

Oil/Gas: Petroleum Economics, petroleum economics, oil supply
petroleum economics, oil supply, previous question: Dear Uchenna, Thank you for your question; but would you please let me know, what you are exactly looking for? It could be a long and broad discussion area. If you kindly specify it more in detail, we could discuss it more accurately. You may also refer...

Oil/Gas: Petroleum Economics - What is it?, american association of petroleum geologists, robert e megill
american association of petroleum geologists, robert e megill, petroleum economics: Emmanuel. I ll go out on a limb and make some comments that could be useful. I am not an expert in Petroleum Economics but I am familiar with the economic analyses I must use in making investment and acquisition decisions. I recommend the following publications...

Oil/Gas: Petroleum, condensation polymerization, pressure surges
condensation polymerization, pressure surges, flow improver: Umer, I apologize for the delay in answering, been out of State. Cloud Point: Point at which a definite lack of clarity, cloudiness, appears when a liquid is subject to adulteration or when it is mixed with another substance. (2) The temperature at which...

Oil/Gas: Pipeline damages, county government offices, pipeline co
county government offices, pipeline co, pipeline company: Well Beverly, I guess the key issue here is that it is the county road. If it s maintained by the county, then it would be up to them to enforce any damage claims. Your recourse would be to complain to the county or state maintenance division depending on...

Oil/Gas: Pipeline Easement, pipeline contractor, bad publicity
pipeline contractor, bad publicity, beautiful trees: No, you bought that place subject to the existing easement. Your best bet is with the pipeline contractor that is doing the laying of the new line or repair of the old line. There will be a person in charge of the crew that does this work that is a contractor...

Oil/Gas: Pipeline Lease, martin parish louisiana, pipeline rights
martin parish louisiana, pipeline rights, pipeline company: Karl, I am certainly no expert on long-haul pipeline rights-of-way but here are a couple of direct quotes from two companies (the second is from Enterprise)regarding how fair compensation is determined. It appears that they use fair market value of the...

Oil/Gas: Pipeline R.O.W., scare tactic, kin folks
scare tactic, kin folks, legal position: Terry. Unfortunately I am not qualified to advise you of your legal position. You ought to contact an attorney who is expert in these matters. Also, if the pipeline is on land you have leased, there may be rights extended to the lessee by virtue of the...

Oil/Gas: Pipeline ROW from Cheasapeake Appalachia, pasture land, yates county
pasture land, yates county, restrictive agreement: You are not bound by what your partners did. You still own 33 1/3% of the land. I would have sent Chesapeake to the other pipeline company and let them negotiate a right of way deal with them. They will assert the claim that they have the right to enter the...

Oil/Gas: Pipeline, natural gas pipeline, 49 cfr part 192
natural gas pipeline, 49 cfr part 192, high pressures: Well... Unless there is a local rule or ordinance, the answer is no. Under the Federal Rules (49 CFR, Part 192), how close and how many are addressed but it more or less affects the pressure limitations and how the pipeline is operated. For large diameter...

Oil/Gas: Pooled Unit, texas railroad commission, henderson county texas
texas railroad commission, henderson county texas, jim covington: Dear Jim, I have never encountered a pooled unit of this size unless it is a field-wide unit. The size of a unit is governed by the terms of the pooling provisions of the oil and gas lease you granted and by rules adopted by the Texas Railroad Commission...

Oil/Gas: Poolin Authorization, eog resources inc, royalty bonus
eog resources inc, royalty bonus, palo pinto county texas: You own a royalty interest not minerals. This is a ratification of an oil & gas lease covering and affecting the tract you own royalty under. By executing the ratification, the company an pool your royalty interest with the lease and other lands or leases...

Oil/Gas: Pooling, petroleum landman, thomas holland
petroleum landman, thomas holland, mr holland: Scott. There is not enough information here to advise you. Your question would be better answered by a petroleum landman. Another expert in this area is Thomas Holland on the Allexperts website. Here are some questions for you before you ask another...

Oil/Gas: Pooling, administrative law judge, mineral owner
administrative law judge, mineral owner, mineral owners: Charli: No one is trying to take your rights or make you pay for the cost of drilling. In Oklahoma there is a regulatory process called Pooling . If your land is currently leased, you have probably gotten this notice simply because the applicant wanted...

Oil/Gas: Pooling, barnett shale, surface boundaries
barnett shale, surface boundaries, texas drillers: The company files a Pooling Designation of record in the county the well/wells are drilled. In that Pooling Designation is included a description of the surface boundaries of the unit, a list of Leases being pooled and that agreement signed by all of the...

Oil/Gas: Pooling, lease line, governmental agency
lease line, governmental agency, designation: It s not a matter of depth, it is a matter of prevention of damage to a reservoir and to prevent the unnecessary drilling of wells. There are Statewide Field Rules that determine minimum spacing requirements for wells, i.e., Texas requires 467 from a lease...

Oil/Gas: Pooling, surface boundaries, producion
surface boundaries, producion, tracts: Pooling seperate tracts to form a production unit prevents the drilling of unnecessary wells. One or more tracts or portions of tracts are combined to make one producion unit. No matter how many wells are drilled inside the surface boundaries of a unit,...

Oil/Gas: Pooling Clause & Federal Override, campbell county wyoming, personal lease
campbell county wyoming, personal lease, joinder: John; very interesting. I ve never seen a pooling clause like this but do understand it I think. It probably has to do with the fact that much of the land up there is Federal land. It s possible therefore, that some of the land they lease will be pooled with...

Oil/Gas: Pooling, acre lease, lease premises
acre lease, lease premises, lease pool: William, the reference to 80 acres means that 1 well per 80 acres is the maximum number of wells that may be drilled on the lease. This is usually the number for oil wells and 320 acres for gas wells. It is meant to prevent drilling unnecessary wells...

Oil/Gas: Possible lease agreement., roy laird, mr mcconnell
roy laird, mr mcconnell, rogers county: Universal Land Services is a Lead Broker or a company that contracts with oil & gas companies to do their field work, which includes leasing. I am not personally familiar with the firm, but I know they lease all over Oklahoma for various clients. You can...

Oil/Gas: Post OIL scenario, worst case scenario, upward revisions
worst case scenario, upward revisions, extraction of oil: Oh for simple questions!!! ;-) You ask a question that many many very smart people wish they knew the answer too! My expertise is not in the study of these particular issues, but I do try and follow the research and facts such as they are. First of all,...

Oil/Gas: Pottawatomie County lease offer, continental land resources, pottawatomie county
continental land resources, pottawatomie county, royalty owners: Jim, unfortunately your minerals are not in one of the hot areas. The $100 may indeed be the going rate there. There sure isn t much production or leasing activity going on there. Seems like Keener Oil and Gas is doing most of the leasing near you currently,...

Oil/Gas: Pottawatomie County Royalty, affadavit of heirship, pottawatomie county
affadavit of heirship, pottawatomie county, royalty payments: Emma, there are two, very small oil wells currently producing in the SW/4 of the section you mentioned. By small, I mean less than 100 barrels of oil per month, and even less lately. If your father actually OWNED some mineral rights in the SW/4 of this section,...

Oil/Gas: PRVB, powder river basin, powder river basin gas corp
powder river basin, powder river basin gas corp, gas leases: Sir, if you have to ask how working interest works, you don t need any of it. Working interest pays the bills. I am a seasoned veteran oil & gas investor and you couldn t give me working interest. There are many ways to invest in the oil & gas business for...

Oil/Gas: Price of gas, south american countries, petroleum supply
south american countries, petroleum supply, engined cars: Stella, Thanks for asking, I hope my reply is not too long winded While it may be easy to answer the question of why oil companies are selling gasoline at todays high prices by saying, because they can , the answer actually lies in the old supply and...

Oil/Gas: Price of motor oil, pipeline workers, engine lubricant
pipeline workers, engine lubricant, refinery workers: Hello Dave So that breaks down to $6.38 a gallon. WHich is a good price for Texaco TDX 15/40 an excellent heavy diesel engine lubricant. Granted, the comparitive price from crude to end user product seems a little steep at first glance, but you have to...

Oil/Gas: "Prices" reported daily by media and others, novice computer user, oil refiner
novice computer user, oil refiner, slow learner: Hi Johnny, Man you got a tough one! It is out of my personal expertise however I asked a friend of mine at Chevron about this and this is the gist of what he said. Your right at least partially about the speculators setting the price. Traders in London...

Oil/Gas: Pricing to the consumer, crude oil yields, petrochemical feedstock
crude oil yields, petrochemical feedstock, residual fuel oil: Hi Earl, Here are the stats. One 42gal gallon barrel of crude oil yields: 19.5 gallons of gasoline 9.2 gallons of distillate fuel oil (diesel fuel and home-heating oil) 4.1 gallons of kerosene-type jet fuel 2.3 gallons of residual fuel oil (used...

Oil/Gas: Pro and Cons of Not Leasing, mineral owners, mineral acres
mineral owners, mineral acres, north louisiana: Gary. Based on your comments, I can infer that you own 3 net mineral acres that are within a 640 acre regulatory spacing unit, within which wells are about to be drilled. If this is correct, it means that any well producing from that unit will generate revenue...

Oil/Gas: Problem of density measurement, density measurement, density of liquid
density measurement, density of liquid, minimum density: Dear Sir: To be honest I ve never worked with such equipements. I searched for and asked some friends, but they have got no idea too. However, there are some restrictions and limtations, which every equipement has, and that should be taken into consideration,...

Oil/Gas: Producing oil well, jones county ms, nabors
jones county ms, nabors, mineral rights: The courts have defined it as a reasonable time . One and a half years is a reasonable time. Just call the Mississippi Oil & Gas Board and tell them to have the well plugged and abandoned. They will notify the operator and they will do it or the state will...

Oil/Gas: Production potential, washita county, anadarko basin
washita county, anadarko basin, bertha rogers: It s possible, but probably not very likely. There are many wells drilled to 20,000 feet and below in the County. The deepest well to date, I believe, remains the Lone Star Bertha Rogers #1 drilled to a depth of 31,441 feet in 1974. I am aware of recent...

Oil/Gas: Production reporting, royalty owners, interest owner
royalty owners, interest owner, gross production: Martin. I m not the right guy to answer your question. But in my recollection one does not usually see anything specific about royalties paid in most financial statements that I can recall - but then that s not my expertise. In the case of royalties or...

Oil/Gas: Property & Mineral Rights acquired by Tax Deed, royalty income, mineral interest
royalty income, mineral interest, surface owner: Mr.O Brien. Yours is a complicated question.Some thoughts: 1. Did your uncle get a 100% interest under the Tax deed? 2. If the interest was pooled and you are getting 50% of the royalty income (not mineral rights , that sounds about right. You need to get...

Oil/Gas: Property Value with a Gas Lease, underground reservoirs, gas storage
underground reservoirs, gas storage, wellheads: Dear Marc, I am not aware of any studies on the impact of gas storage leases on property values. Gas storage is a rather passive use of underground reservoirs, and the relative safety probably has alot to do with the proximity of the wellheads that will...

Oil/Gas: Protecting against surface damage, washita county oklahoma, mr alexander
washita county oklahoma, mr alexander, surface property: Think through exactly what you want from the company as far as surface use goes. Fix your damage settlements in the lease, withhold all of the rights to enter the property, except with your permission, which will not be unreasonably be withheld . That way...

Oil/Gas: Pugh clause, very small portion, lease acreage
very small portion, lease acreage, louisiana lawyer: In 1947, a Louisiana lawyer, Lawrence G. Pugh, drafted a clause, eventually named after him, which was calculated to prevent the holding of non-pooled acreage in his client s lease while certain portions of the lease acreage were being held under pooled arrangements....

Oil/Gas: Purchase Lease Opportunity, pump jacks, oil lease
pump jacks, oil lease, marshall county: Imagine owning a used car lot full of really old junky cars, knowing that every day something is going to break. If that doesn t get you, imagine paying for the plugging and abandonment of those wells. Those pump jacks are connected to rods that pull...

Oil/Gas: Purchase of Leased Mineral Rights, barnett shale, pee vee
barnett shale, pee vee, johnson county texas: David. It is entirely possible that the buyer knows more than you regarding the new wells. I have no estimate of a lo, med, or hi number for this situation, but you are being offered 9.3X your per acre bonus, which is in most areas a very good offer. But...

Oil/Gas: Purchase of land...mineral rights?, allen parish louisiana, mineral acres
allen parish louisiana, mineral acres, shallow oil: The seller should know if the mineral rights are still intact with the surface real estate. Over time, it is common for the mineral estate to have becomed severed in title from the surface real estate. Next if the minerals are still part of the property,...

Oil/Gas: Purchase of mineral interests in Marshall County OK, marshall county oklahoma, mineral deed
marshall county oklahoma, mineral deed, jim dyer: If you chose to sell for whatever reasons you could sell on a term mineral deed which means that you sell your rights for a specified period of time. If there is production at the end of the term, then your deed would be extended until that production ceased....

Oil/Gas: Purchase our oil/gas royalty interests for a year, royalty mineral, oil and gas royalties
royalty mineral, oil and gas royalties, royalty owners: You have a royalty interest that is obviously in production or soon will be. They did not offer to buy your mineral rights; they offered to buy your royalty. That means the mineral owners have already leased, a well has been drilled or soon will be and they...

Oil/Gas: Purchasing mineral rights--how do I do it?, auction venue, buyer bidder
auction venue, buyer bidder, line auction: Randy. If you are interested in purchasing other leases and mineral rights, I suggest you visit two websites. These are nationally recognized auction houses for the sale of oil and gas interests. They are reputable, honest, and experienced. The first is...