America’s conversation place for mineral & royalty owners
Oil & gas discussion group for those interested in Doddrige County, WV. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.
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Started by Diane Hinchliff Hesse. Last reply by Diane Hinchliff Hesse on Monday. 12 Replies 0 Likes
We've been contacted by Artero in regards to leasing the mineral rights on 28 acres that my Great Grandfather left to us. We knew nothing about it until just recently. Artero is in the heir…Continue
Started by Arnold L Stuart. Last reply by Kyle Nuttall May 15. 8 Replies 0 Likes
Hi, I have a question about pads in a unit and production. I have interest in a well that went on line 5 months ago, and was producing 11mcf per day, since then more pad have been developed with a…Continue
Started by Marlene Cerchi. Last reply by Kyle Nuttall May 13. 14 Replies 0 Likes
We were recently approached by Antero to lease mineral rights on a 40 acre tract in Grant district, Doddridge Co. Our mineral interest is 1/6 share. The lease has a clause allowing pooling of all or…Continue
Started by george. Last reply by DT May 3. 22 Replies 0 Likes
In with the rest of the family on a 30 acre plot in Doddridge and was offered 1500/15% by Antero. Ya'll reckon this is an honest offer? Continue
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Comment by Kyle Nuttall on May 9, 2013 at 10:09am Regina, just flat out turning down a lease without explanation has been one of the most effective negotiating techniques I've seen in oil and gas.
Different heirs can get different bonus and royalty amounts on the same tract. They sign separate contracts on separate mineral interests, even though the interests underlie the same tract.
If you work together with the other heirs you will get a better deal.
Comment by Kyle Nuttall on May 9, 2013 at 10:07am Kevin, those are good bonus and royalty numbers. Who did you sign with? My guess would be Antero, since your minerals are in Doddridge County.
Our family has been approached by CNX to lease a parcel. My cousin told me that it is best to hold out, that gas companies have a drill date in mind and when they get closer to the date they are more willing to cut a better deal. Is this true? Also I have noticed that some folks have gotten deals like 1500acre/14% and other up to 2500/17%. Can different heirs get different rates on the same parcel? Is it best to show a combined front or will the hold outs get more?
Kevin, you can go to this website
https://apps.dep.wv.gov/oog/permitlist_new.cfm
the West Va. Office of Oil and Gas, search permits and choose Doddridge County from the list, then put in recent dates and you can see what permits have been issued. Just getting a permit doesn't mean a well is drilled but it gives an idea, and of the operators. A very interesting website. This won't give lease terms or bonus money but shows how much activity there is.
are they drilling in Doddridge?What is lease bonus?I signed my lease(0.16592)acre at 18%.My one time payment is $2,500,per acre.I will get $400.00.
Comment by Kyle Nuttall on April 22, 2013 at 5:53pm Jim Ross, you just tossed me a nice softball. I am a trusted O&G attorney. Well, I'm an O&G attorney anyways. I don't have much in the way of conflicts as I came here to WV from OK about five years ago. I worked as a landman for a couple lease brokers, the most recent just a year ago. I've been a solo attorney since. Message me if you'd like me to represent you on anything.
Hey, his is a great forum! Thank you to whoever started it.
Kyle, how does one find a trusted O&G attorney? I live out of state a couple of hours away from Doddridge, and the Landman sent me a letter (thank you grandparents).
I’m a suspicious person and I would tend to imagine the Landmen, drillers, attorneys occasionally run into each other at the lunch counters or the IGA. I know the laws are supposed to cover all this, but all the same, I would feel that I am the outsider. I work at a place with hundreds of attorneys, and I don’t think my suspicions are all that unfounded.
Thank you.
Comment by Kyle Nuttall on April 4, 2013 at 11:44am LYR, do some research on the new operator. If they're shady in any way, tell the current lessor that you have reservations about the new operator. Or tell the current lessor that you signed with them because you trusted them and that you want them to do all the development. See what they say. You might get them to start talking bonus and royalties. Their comeback is going to be that the new operator is ready to drill now, or that the current lessor doesn't have the resources to drill you now, or something along those lines. Just stick with your same argument and see what they say.
The ratification only gives current producer the permission to assign the Marcellus Shale rights to the top of the Onondaga Formation (or 6,000 feet down) to another operator. When we first signed the lease, we intentionally deleted (crossed out) the pooling clause. So this new operator will have to ask us to modify that part or sign another agreement with him....I guess. This is where it all gets sketchy to me; especially since there has been no mention of signing bonus, royalty shares for new operator, etc.
Does the ratification include an increase in pooling acreage?
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