# Latest **URL:** https://www.mineralrightsforum.com/latest.md?page=1396 [Latest](https://www.mineralrightsforum.com/latest.md) · [Categories](https://www.mineralrightsforum.com/categories.md) · [Tags](https://www.mineralrightsforum.com/tags.md) **Page:** 1397 --- ## [Spacing Sizes For Montana](https://www.mineralrightsforum.com/t/spacing-sizes-for-montana/24064)
**Author:** [@charles\_s\_mallory](https://www.mineralrightsforum.com/u/charles_s_mallory)\ **Replies:** 0\ **Last updated:** [January 7, 2011, 2:13am UTC](https://www.mineralrightsforum.com/t/spacing-sizes-for-montana/24064 "2011-01-07T02:13:41Z")
We have minerals in Roosevelt County, Montana and the area has been recently spaced by EOG Resources. My question is, are most wells in this area drilled as 640 or 1280 spacing units? --- ## [Where Do I Start When Selling/Leasing Mineral Rights to Gas/Oil Companies](https://www.mineralrightsforum.com/t/where-do-i-start-when-selling-leasing-mineral-rights-to-gas-oil-companies/24069)
**Author:** [@Cassie\_Pruitt](https://www.mineralrightsforum.com/u/Cassie_Pruitt)\ **Replies:** 3\ **Last updated:** [January 6, 2011, 7:24pm UTC](https://www.mineralrightsforum.com/t/where-do-i-start-when-selling-leasing-mineral-rights-to-gas-oil-companies/24069 "2011-01-06T19:24:23Z")
Hello everyone! I have recently inherited land & mineral that has been in my family for quite some time. The mineral is located in Southern West Virginia. Most of the neighboring plots of land have already been leased or… --- ## [Advalorem Taxes](https://www.mineralrightsforum.com/t/advalorem-taxes/24126)
**Author:** [@Jerry\_Pat\_Davis](https://www.mineralrightsforum.com/u/Jerry_Pat_Davis)\ **Replies:** 3\ **Last updated:** [January 6, 2011, 6:56pm UTC](https://www.mineralrightsforum.com/t/advalorem-taxes/24126 "2011-01-06T18:56:45Z")
How do the ad valorem taxes work in Kansas? For instance: if you produce a well for a short period of time in one year, say December 15th through December 31st, is that considered a year of production that you are not ta… --- ## [When to Lease - Small tract within the Bakken Shale](https://www.mineralrightsforum.com/t/when-to-lease-small-tract-within-the-bakken-shale/24082)
**Author:** [@Roger\_D\_Spears](https://www.mineralrightsforum.com/u/Roger_D_Spears)\ **Replies:** 4\ **Last updated:** [January 5, 2011, 7:31pm UTC](https://www.mineralrightsforum.com/t/when-to-lease-small-tract-within-the-bakken-shale/24082 "2011-01-05T19:31:07Z")
I own 2.44 mineral acres on a 45 acre tract in the Bakken in North Dakota. It looks like most of the land around me has been leased by several different oil companies. Should I wait to be contacted or am I better off try… --- ## [I have good title - Where is my money?](https://www.mineralrightsforum.com/t/i-have-good-title-where-is-my-money/24870)
**Author:** [@Buddy\_Cotten](https://www.mineralrightsforum.com/u/Buddy_Cotten)\ **Replies:** 0\ **Last updated:** [January 4, 2011, 8:21pm UTC](https://www.mineralrightsforum.com/t/i-have-good-title-where-is-my-money/24870 "2011-01-04T20:21:35Z")
Many questions arise concerning the approval of title for: 1. Acqquring an oil and gas lease. 2. Drilling a well, and 3. Production payments. To simplify things, I refer to the title required to purchase an oil an… --- ## [Buyout Offers in newly producing wells](https://www.mineralrightsforum.com/t/buyout-offers-in-newly-producing-wells/24072)
**Author:** [@charles\_s\_mallory](https://www.mineralrightsforum.com/u/charles_s_mallory)\ **Replies:** 4\ **Last updated:** [January 4, 2011, 1:43am UTC](https://www.mineralrightsforum.com/t/buyout-offers-in-newly-producing-wells/24072 "2011-01-04T01:43:51Z")
How common is it for an operator of a newly producing well to offer a buyout to the mineral owners. Also, what are the normal terms of a buyout? --- ## [I just don't "get it" Bakken in North Dakota - Help!](https://www.mineralrightsforum.com/t/i-just-dont-get-it-bakken-in-north-dakota-help/24083)
**Author:** [@Sharon\_Davis](https://www.mineralrightsforum.com/u/Sharon_Davis)\ **Replies:** 21\ **Last updated:** [January 1, 2011, 7:46pm UTC](https://www.mineralrightsforum.com/t/i-just-dont-get-it-bakken-in-north-dakota-help/24083 "2011-01-01T19:46:24Z")
I have 360 acres in the Bakken in North Dakota. Landmen tell me I have 45 “Net” acres and have offered a lease. The bonus is paid on the 45 acres but the lease states all 360 acres. What happens to the 315 acres that are… --- ## [Multiple Mineral Lease Expiration Dates](https://www.mineralrightsforum.com/t/multiple-mineral-lease-expiration-dates/24079)
**Author:** [@charles\_s\_mallory](https://www.mineralrightsforum.com/u/charles_s_mallory)\ **Replies:** 3\ **Last updated:** [January 1, 2011, 5:59pm UTC](https://www.mineralrightsforum.com/t/multiple-mineral-lease-expiration-dates/24079 "2011-01-01T17:59:35Z")
We have mineral acres in a Section or Sections which has been spaced. The leases begin to expire in June 2012 while some expire in 2014 on the same Section(s). What occurs when the first lease expires? --- ## [Fair Market Value of Lease Land](https://www.mineralrightsforum.com/t/fair-market-value-of-lease-land/24085)
**Author:** [@Frank\_Alfred](https://www.mineralrightsforum.com/u/Frank_Alfred)\ **Replies:** 5\ **Last updated:** [January 1, 2011, 5:46pm UTC](https://www.mineralrightsforum.com/t/fair-market-value-of-lease-land/24085 "2011-01-01T17:46:14Z")
Can anyone tell me how the value of mineral rights lease land is determined? My land is located in Poteet, Texas (Atascosa County). Thank you. --- ## [Mineral rights Leasing question](https://www.mineralrightsforum.com/t/mineral-rights-leasing-question/24077)
**Author:** [@nanettetyrrell1](https://www.mineralrightsforum.com/u/nanettetyrrell1)\ **Replies:** 1\ **Last updated:** [January 1, 2011, 5:28pm UTC](https://www.mineralrightsforum.com/t/mineral-rights-leasing-question/24077 "2011-01-01T17:28:05Z")
I have a company wanting to lease some mineral rights that I own in Utah. It is 3.9 mineral acres. How do I determin if the bonus amount and royalty’s is a fair amount. What they offered is not much for the bonus amount … --- ## [Drilling potential in Richland County, Montana](https://www.mineralrightsforum.com/t/drilling-potential-in-richland-county-montana/24093)
**Author:** [@Michael\_Larsen2](https://www.mineralrightsforum.com/u/Michael_Larsen2)\ **Replies:** 2\ **Last updated:** [December 31, 2010, 9:45pm UTC](https://www.mineralrightsforum.com/t/drilling-potential-in-richland-county-montana/24093 "2010-12-31T21:45:54Z")
Can anyone shed some light on why there is no drilling activity in the Basin areas of Richland County Montana? We have a lease with Petro-Hunt but it expires in October 2011. But they are not drilling!!! There is no dr… --- ## [Leasing company Diamond Resources](https://www.mineralrightsforum.com/t/leasing-company-diamond-resources/24081)
**Author:** [@vicki\_luck](https://www.mineralrightsforum.com/u/vicki_luck)\ **Replies:** 1\ **Last updated:** [December 31, 2010, 3:45am UTC](https://www.mineralrightsforum.com/t/leasing-company-diamond-resources/24081 "2010-12-31T03:45:19Z")
Has anyone had any dealings with Diamond Resources? If so can you please tell me if they are any good or if you know anything about them. Who is the leading leasing company in Montrail County? --- ## [Roosevelt county, montana minerals](https://www.mineralrightsforum.com/t/roosevelt-county-montana-minerals/24080)
**Author:** [@charles\_s\_mallory](https://www.mineralrightsforum.com/u/charles_s_mallory)\ **Replies:** 0\ **Last updated:** [December 31, 2010, 3:04am UTC](https://www.mineralrightsforum.com/t/roosevelt-county-montana-minerals/24080 "2010-12-31T03:04:40Z")
We have approx. 500 net mineral acres in Roosevelt County, Montana near the North Dakota border. The area has been recently spaced with new permits issued to nearby sections. We have never had experience with oil wells a… --- ## [How should we organize our lease offer response?](https://www.mineralrightsforum.com/t/how-should-we-organize-our-lease-offer-response/24089)
**Author:** [@Eric\_Peterson1](https://www.mineralrightsforum.com/u/Eric_Peterson1)\ **Replies:** 5\ **Last updated:** [December 30, 2010, 2:51pm UTC](https://www.mineralrightsforum.com/t/how-should-we-organize-our-lease-offer-response/24089 "2010-12-30T14:51:51Z")
Our subdivision, covering 640 acres, 5 miles east of Parker Colorado has been offered Oil and Gas leases. After two neighborhood meetings, one with the oil company, we don’t seem to be unified enough to make a response t… --- ## [Lease in Fayette county TX](https://www.mineralrightsforum.com/t/lease-in-fayette-county-tx/24086)
**Author:** [@Frank\_Rickman](https://www.mineralrightsforum.com/u/Frank_Rickman)\ **Replies:** 4\ **Last updated:** [December 29, 2010, 12:57am UTC](https://www.mineralrightsforum.com/t/lease-in-fayette-county-tx/24086 "2010-12-29T00:57:34Z")
I have 18 acres in Fayette County right off 609 between Flatonia and LaGrange. Southern Bay is offering me 1,000 per acre signing bonus and 1/5 of the royalties. I am meeting with them this evening to ask questions. If I… --- ## [Oil Lease Rates for Bottineau County](https://www.mineralrightsforum.com/t/oil-lease-rates-for-bottineau-county/24355)
**Author:** [@Andrew\_C\_Edwards](https://www.mineralrightsforum.com/u/Andrew_C_Edwards)\ **Replies:** 20\ **Last updated:** [December 28, 2010, 2:04pm UTC](https://www.mineralrightsforum.com/t/oil-lease-rates-for-bottineau-county/24355 "2010-12-28T14:04:45Z")
I have been approached by 3 companies all offering $25-$60 per acre, 1/6 to 16% royalties all wanting 5 year leases. Does anyone have information on what the average is for Bottineau County? One landman was a tad bit thr… --- ## [Pay at well head](https://www.mineralrightsforum.com/t/pay-at-well-head/24096)
**Author:** [@Shirley\_White](https://www.mineralrightsforum.com/u/Shirley_White)\ **Replies:** 2\ **Last updated:** [December 24, 2010, 4:17am UTC](https://www.mineralrightsforum.com/t/pay-at-well-head/24096 "2010-12-24T04:17:53Z")
Does it do any good to state in lease… to pay at wellhead. Will this give you your % before all the other charges like pipeline, transportation fees, etc.? Also, is it wise to specify or just lease to a specified depth, … --- ## [Negotiating a oil, gas & mineral lease](https://www.mineralrightsforum.com/t/negotiating-a-oil-gas-mineral-lease/24097)
**Author:** [@Reashelle\_Chatham](https://www.mineralrightsforum.com/u/Reashelle_Chatham)\ **Replies:** 0\ **Last updated:** [December 23, 2010, 7:07am UTC](https://www.mineralrightsforum.com/t/negotiating-a-oil-gas-mineral-lease/24097 "2010-12-23T07:07:36Z")
I own Oil, Gas Minerals and Surface on 79.24 acres of land, more or less, in the Robert Butts Survey, A-94, in Leon County, Texas; landmen representing Chesapeake Exploration, LLC, P.O. Box 18496 Oklahoma City, OK. 73154… --- ## [Oil and gas lease - Bakken Shale area](https://www.mineralrightsforum.com/t/oil-and-gas-lease-bakken-shale-area/24105)
**Author:** [@Donna\_L\_Warnick](https://www.mineralrightsforum.com/u/Donna_L_Warnick)\ **Replies:** 6\ **Last updated:** [December 23, 2010, 3:43am UTC](https://www.mineralrightsforum.com/t/oil-and-gas-lease-bakken-shale-area/24105 "2010-12-23T03:43:08Z")
We just got an offer from Bakken Oil for leasing rights to Township 154 North, Range 96 West, 5th PM, for $300 an acre for only Section 21: E 1/2 SW 1/4, for 1/8 royalty. We didn’t even know we owned this until we were c… --- ## [Rule of Capture Regarding Oil and Gas Mineral Rights](https://www.mineralrightsforum.com/t/rule-of-capture-regarding-oil-and-gas-mineral-rights/24876)
**Author:** [@Buddy\_Cotten](https://www.mineralrightsforum.com/u/Buddy_Cotten)\ **Replies:** 2\ **Last updated:** [December 22, 2010, 8:04pm UTC](https://www.mineralrightsforum.com/t/rule-of-capture-regarding-oil-and-gas-mineral-rights/24876 "2010-12-22T20:04:25Z")
Note: This is excerpted from my speaker notes of Pooling and Unitization in Texas given at a landman’s conference in November. I have broken the notes into sections and this section is the first in a series. Each section… --- ## [Per mineral acre royality average](https://www.mineralrightsforum.com/t/per-mineral-acre-royality-average/24100)
**Author:** [@ryan\_daniel\_courchene](https://www.mineralrightsforum.com/u/ryan_daniel_courchene)\ **Replies:** 1\ **Last updated:** [December 22, 2010, 3:07pm UTC](https://www.mineralrightsforum.com/t/per-mineral-acre-royality-average/24100 "2010-12-22T15:07:57Z")
I have 40 plus acres in Williams County, North Dakota. It is leased now to an oil company. And they will be drilling soon. This is in the Bakken/Sanish 3-Forks. Prime stuff I hear. What would the average royalty per a… --- ## [Spacing units, sections of land, and confidential status](https://www.mineralrightsforum.com/t/spacing-units-sections-of-land-and-confidential-status/24111)
**Author:** [@BC\_Ray](https://www.mineralrightsforum.com/u/BC_Ray)\ **Replies:** 3\ **Last updated:** [December 22, 2010, 3:00am UTC](https://www.mineralrightsforum.com/t/spacing-units-sections-of-land-and-confidential-status/24111 "2010-12-22T03:00:02Z")
I have few questions: Currently, my portion of lands spacing unit consists of two sections. The other section has a well in confidential status. Does that mean that if the well is productive, I will receive a portion of… --- ## [How to protect my mineral rights](https://www.mineralrightsforum.com/t/how-to-protect-my-mineral-rights/24106)
**Author:** [@BC\_Ray](https://www.mineralrightsforum.com/u/BC_Ray)\ **Replies:** 1\ **Last updated:** [December 21, 2010, 9:58pm UTC](https://www.mineralrightsforum.com/t/how-to-protect-my-mineral-rights/24106 "2010-12-21T21:58:45Z")
How can I protect my mineral rights from the worst case scenario? Worst case scenario: I lose my job, run out of money, catastrophic medical expenses, file bankruptcy, then lose my mineral rights. Could I set up a “fam… --- ## [Rioyalty Leasing](https://www.mineralrightsforum.com/t/rioyalty-leasing/24110)
**Author:** [@Jeff\_Bowles](https://www.mineralrightsforum.com/u/Jeff_Bowles)\ **Replies:** 5\ **Last updated:** [December 21, 2010, 6:37pm UTC](https://www.mineralrightsforum.com/t/rioyalty-leasing/24110 "2010-12-21T18:37:16Z")
I have Marcellus shale royalty income of about $19,000 per month. It has been flowing for a year and the decline curve is flattening out so it should be fairly steady for a while. I am being overwhelmed with offers to p… --- ## [Gas royalities - Cherokee County TX](https://www.mineralrightsforum.com/t/gas-royalities-cherokee-county-tx/24104)
**Author:** [@Alan\_Ribnick](https://www.mineralrightsforum.com/u/Alan_Ribnick)\ **Replies:** 0\ **Last updated:** [December 21, 2010, 5:17pm UTC](https://www.mineralrightsforum.com/t/gas-royalities-cherokee-county-tx/24104 "2010-12-21T17:17:01Z")
I have a 3/16 interest in a gas well recently completed in Cherokee County, Texas. What kind of money might be involved? --- ## [North Dakota mineral rights/information](https://www.mineralrightsforum.com/t/north-dakota-mineral-rights-information/24113)
**Author:** [@32acesinthehole](https://www.mineralrightsforum.com/u/32acesinthehole)\ **Replies:** 2\ **Last updated:** [December 21, 2010, 5:15pm UTC](https://www.mineralrightsforum.com/t/north-dakota-mineral-rights-information/24113 "2010-12-21T17:15:50Z")
Has anyone ever heard of a well changing names?LOL --- ## [West Virginia Lease](https://www.mineralrightsforum.com/t/west-virginia-lease/24107)
**Author:** [@Mg1](https://www.mineralrightsforum.com/u/Mg1)\ **Replies:** 11\ **Last updated:** [December 20, 2010, 8:23pm UTC](https://www.mineralrightsforum.com/t/west-virginia-lease/24107 "2010-12-20T20:23:10Z")
We have a fractional interest of roughly 125 acres in West Virginia. Our share equates to about 40 acres. All of the other interest owners have signed with a West Virginia oil and gas company. This company has offered us… --- ## [Tax Deed Sale in Pennsylvania - gas & oil Rights](https://www.mineralrightsforum.com/t/tax-deed-sale-in-pennsylvania-gas-oil-rights/24150)
**Author:** [@Don\_Ward](https://www.mineralrightsforum.com/u/Don_Ward)\ **Replies:** 2\ **Last updated:** [December 20, 2010, 3:42am UTC](https://www.mineralrightsforum.com/t/tax-deed-sale-in-pennsylvania-gas-oil-rights/24150 "2010-12-20T03:42:15Z")
We purchased property in Pennsylvania that was purchased by the previous owner at a Tax Deed Sale. Does the Tax Deed sale dispose of any oil and gas leases in place on the property at that time? Thank You --- ## [Value of Mineral Rights in Albany County Wyoming](https://www.mineralrightsforum.com/t/value-of-mineral-rights-in-albany-county-wyoming/24691)
**Author:** [@James\_L\_May](https://www.mineralrightsforum.com/u/James_L_May)\ **Replies:** 13\ **Last updated:** [December 19, 2010, 4:21am UTC](https://www.mineralrightsforum.com/t/value-of-mineral-rights-in-albany-county-wyoming/24691 "2010-12-19T04:21:39Z")
I have received a lease offer for mineral rights I and my family own in Albany County, Wyoming. It seems low. What should I be looking at in terms of value and should we be asking for lease and production revenue? --- ## [What numbers are needed to be a good well?](https://www.mineralrightsforum.com/t/what-numbers-are-needed-to-be-a-good-well/24114)
**Author:** [@James\_O\_Donnell](https://www.mineralrightsforum.com/u/James_O_Donnell)\ **Replies:** 8\ **Last updated:** [December 19, 2010, 4:10am UTC](https://www.mineralrightsforum.com/t/what-numbers-are-needed-to-be-a-good-well/24114 "2010-12-19T04:10:34Z")
I have 2 wells in Jim Creek and 1 in Little knife. My question is what amount of oil per month would make a well 1.GREAT 2.GOOD 3. FAIR 4. POOR. Thanks I am so new to this oil stuff, I don't have any idea if my wells are… [Previous page](https://www.mineralrightsforum.com/latest.md?page=1395) [Next page](https://www.mineralrightsforum.com/latest.md?page=1397)