I need help with brine leasing. Miller County, Arkansas 160 acres? Don’t have a clue.
That’s a lot of acres. Sell the recovered brine by the barrel not a fixed lease. It can only go up.
Read the lease and found out it is for 5.8 acres, not 160. Thank you so much for responding. Blessings. Do not have a clue.
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5.8 acres is big enough for a rig and brine processing. Sold by the barrel. Pipeline.
Would be wise to get a good attorney to look at any lease. The legislature has set the royalty, so you need to make sure the other clauses are in your favor.
Thank you so much!!
How can we sign lease on barrels when we have no idea yet on production?
We are so naive and having trouble with this forum, trying to figure out how to use lol
What pipeline? Can you explain or send me a private message? Cannot begin to thank you for guiding me.
We have Cass County and Fannin County in Texas also. Inherited these from grandfather and father. Both are gone now!!!
Thank you for any help.
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Thank you so much. Any advice is appreciated. We know nothing.
Leases for oil and gas and lithium are generally signed before knowing the production-at least from the mineral owner’s side. It is very difficult to get that information out of the operators. Lithium can be extracted from both the oil and gas stream and also form salt water aquifers. State laws determine who owns the lithium. Most states have the surface owner owning lithium from salt water aquifers. An attorney can help you with the language for the lease. Lithium extraction is in its early stages trying to determine if it will be commercial depending upon the area.
Fresh water is 8.3 lb/gl. Anything over 8.3 is salable. There are meters that monitor density, salinity and volume going into sales line. Sell by volume. No other way can work. It’s about specific gravity.
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