Eagle Ford Shale - Oil & Gas Discussion

Comment

Comment by Janet Ryan on March 11, 2013 at 11:48am

Has anyone here used Hilltop Royalties to negotiate their leases? I came across their ad on Facebook. Their website is http://www.hilltoproyalties.com   I called their number and they said that since I have already had a lease offer that their fee structure would be based on a % of the additional amount they were able to negotiate for my lease. They said that they would work with me to find a fee structure that I find agreeable, whether it be a percentage of bonus or percentage of royalty or both. Has anyone here used a company like this? My minerals are in Ward County but I am posting here since they said they focus on the Permian Basin and Eagle Ford. I am new to this website so if there is a better place to post this please let me know.

Thank you,

Janet

Comment by C Michael Lucas on January 24, 2013 at 1:38pm

I ment lessee

Comment by C Michael Lucas on January 24, 2013 at 1:35pm

My advice  to Mickie would be to educate yourself of the basic terms  and conditions  of a lease,i.e. bonus, royalty, number of years, Pugh clause  etc. Then  hire a reputable land man without any conflict of interest or a trusted experienced friend  that knows the area  and terms of similar leases. Negotiate  the business points of lease with the lessor ( DO NOT SIGN ANYTHING)   Then hire an  attorney that specializes in oil and gas complete all legal documents based on your business points.

  

Comment by Mickie Byrd on January 23, 2013 at 9:43am

I am in need of a good attorney in the eagle ford area that can do a good job of negotiating a lease with penn virgina, if anyone knows of one please let me know.

Comment by Przzz on December 15, 2012 at 1:43pm

I really don't know and it would be personally imprudent for me to guess. Suggest you talk to surrounding mineral interest owners.

Also suggest you check on the "Eagle Ford Forum" - good site with lots of people who are in tune to things happening in both EF and Pearsall. I am a member of that site too.

 

http://eaglefordforum.com/

 

I don't know if it is appropriate to "promote" other sites on this site. If I am out of bounds with this, I apologize

Comment by WallyNewton on December 15, 2012 at 1:22pm

If by chance Cabot doesn't get some drilling started by February what do you think a reasonable lease bonus might be?

Comment by Przzz on December 15, 2012 at 11:24am

Cabot has been very active drilling Pearsall Shale in the SE Frio County area. I am figuring that your area in within their Pearsall play outline as described in their Osaka JV agreement for Pearsall drilling.

Cabot has three rigs drilling right now in this area 

Comment by WallyNewton on December 15, 2012 at 10:44am

I have royalty interest in piece of property in the SW corner of Atiscosia Co.
It is leased to Cabot Oil. Does anyone have an idea or speculation about drilling activity there. I know most drilling is in the SE.
Secondly, me lease with Cabot expires in a couple of months, does anyone have an idea of lease bonus amounts around there.
Thanks for your help

Comment by Jane Judge on October 16, 2012 at 11:10am

Did you know that your county tax bill from Karnes County gauges their tax on your well on what the well produced in January 2012?  We received tax bills from the county and called and that is what they told us.  Not really fair since the production from January has declined to about half of what it was in January and we still have to pay the high tax.  Has anyone else experienced this problem? 

Comment by Reagan "R.T." Dukes on October 16, 2012 at 10:40am

Interesting Stat from DUG in San Antonio -

Average Eagle Ford royalty rates peaked at 22% and have decline to an average of 20% last quarter

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