Butler County, PA - Oil & Gas Discussion archives


#1

Oil & gas discussion group for those interested in Butler County, PA. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.


#2

Any recent offers to purchase?


#3

Pipeline easements are hot right now.


#4

As a professional minerals appraiser (certified by the American Institute of Minerals Appraisers in 1992) I am currently appraising some Marcellus shale rights in Butler Co. The subject property is leased already (from back in 2009, so I must adjust downward for the 12.5% royalty back then). But I cannot find any Comparable Sales of recent vintage (2013-14). Does anyone know of a sale of mineral rights, which I can quote from official documents? The price is likely in the $8,000 to $12,000 range per net mineral acre, depending on the local activity.

Thanks in advance!

John Gustavson