# Chesapeake leasing terms in Weld County Colorado
**URL:** https://www.mineralrightsforum.com/t/chesapeake-leasing-terms-in-weld-county-colorado/24036
**Category:** General Mineral Rights Discussion
**Created:** [January 15, 2011, 5:34am UTC](https://www.mineralrightsforum.com/t/chesapeake-leasing-terms-in-weld-county-colorado/24036 "2011-01-15T05:34:24Z")
**Posts on this page:** 16
**Page:** 1
### Author:  [@Mineral\_Joe](https://www.mineralrightsforum.com/u/Mineral_Joe)
#### Post date: [January 15, 2011, 5:34am UTC](https://www.mineralrightsforum.com/t/chesapeake-leasing-terms-in-weld-county-colorado/24036/1 "2011-01-15T05:34:24Z")
Has anyone been able to negotiate any changes to the lease terms offered from Chesapeake in Weld maybe Adams or Morgan county? I was offered $350 for a 3+3 at 3/16ths and didn't know if anyone might have gotten them up on bonus, add a pugh clause, a straight 3 year, etc.
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### Author:  [@Mineral\_Joe](https://www.mineralrightsforum.com/u/Mineral_Joe)
#### Post date: [January 16, 2011, 7:28pm UTC](https://www.mineralrightsforum.com/t/chesapeake-leasing-terms-in-weld-county-colorado/24036/2 "2011-01-16T19:28:46Z")
Is anyone else here getting an offer from Chesapeake in Weld County Colorado?
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### Author:  [@ken\_Schwartz](https://www.mineralrightsforum.com/u/ken_Schwartz)
#### Post date: [January 31, 2011, 3:38pm UTC](https://www.mineralrightsforum.com/t/chesapeake-leasing-terms-in-weld-county-colorado/24036/3 "2011-01-31T15:38:44Z")
Yes,
Chesapeake made offer in Weld county $400 for a 5+2 at 12.5% royalty
My question is chesapeake a company who drills wells? Because a competing landman contends they only will lock you up and not drill.
Any ideas?
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### Author:  [@Mineral\_Joe](https://www.mineralrightsforum.com/u/Mineral_Joe)
#### Post date: [January 31, 2011, 4:24pm UTC](https://www.mineralrightsforum.com/t/chesapeake-leasing-terms-in-weld-county-colorado/24036/4 "2011-01-31T16:24:12Z")
Yes, they will be drilling. They are very aggressive and starting to break away from drilling mainly for gas and go after oil. Landmen representing other companies dislike it when Chesapeake moves in as they will drive the prices way up. They are entering Weld county pretty strong, leasing and buying up other leases.
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### Author:  [@Mike\_Miller2](https://www.mineralrightsforum.com/u/Mike_Miller2)
#### Post date: [January 31, 2011, 4:27pm UTC](https://www.mineralrightsforum.com/t/chesapeake-leasing-terms-in-weld-county-colorado/24036/5 "2011-01-31T16:27:15Z")
Ken, a family member has land in SE kansas that Chesapeake leased and subsequently drilled 4 gas wells. They just settled on location to add another. Mike M
ken Schwartz said:
> Yes,
>
> Chesapeake made offer in Weld county $400 for a 5+2 at 12.5% royalty
>
> My question is chesapeake a company who drills wells? Because a competing landman contends they only will lock you up and not drill.
>
> Any ideas?
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### Author:  [@Dan5](https://www.mineralrightsforum.com/u/Dan5)
#### Post date: [February 1, 2011, 6:57am UTC](https://www.mineralrightsforum.com/t/chesapeake-leasing-terms-in-weld-county-colorado/24036/6 "2011-02-01T06:57:26Z")
Hey Joe,
Can I ask which area of Weld you are in? We had an offer no where near yours. We are new at this and trying to figure out what a fair deal is. Our offer was from a landman. Would appreciate the input. We are trying to learn what we can before we make any deals.
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### Author:  [@Mineral\_Joe](https://www.mineralrightsforum.com/u/Mineral_Joe)
#### Post date: [February 1, 2011, 4:42pm UTC](https://www.mineralrightsforum.com/t/chesapeake-leasing-terms-in-weld-county-colorado/24036/7 "2011-02-01T16:42:51Z")
Dan,
Who did the landman represent? Chesapeake offered $350 primary with 3 year option for $350 at 3/16ths. I went for it rather than mess around as they are leasing so much that I didn't figure they'd negotiate and I was fine with everything except I didn't really like the 3 year option. A lot of other parts of Colorado they are offer less than 3/16ths royalty and not negotiating on it. I figure there is better than a 50/50 chance they won't get these drilled in 6 years so they'll be open again or I may have a producing well.
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### Author:  [@Mineral\_Joe](https://www.mineralrightsforum.com/u/Mineral_Joe)
#### Post date: [February 1, 2011, 6:57pm UTC](https://www.mineralrightsforum.com/t/chesapeake-leasing-terms-in-weld-county-colorado/24036/8 "2011-02-01T18:57:38Z")
Sorry Dan I must have been lost, 1N-61W, where are yours and what was the offer?
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### Author:  [@Chuck\_Tucker](https://www.mineralrightsforum.com/u/Chuck_Tucker)
#### Post date: [February 3, 2011, 8:01pm UTC](https://www.mineralrightsforum.com/t/chesapeake-leasing-terms-in-weld-county-colorado/24036/9 "2011-02-03T20:01:06Z")
Does anyone have a landmans name and number at Chesapeake? I cant seem to get through to one when I call their Okalhoma City main office. Any help would be appreciated. Thanks
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### Author:  [@Joe\_Quinn](https://www.mineralrightsforum.com/u/Joe_Quinn)
#### Post date: [February 10, 2011, 2:18am UTC](https://www.mineralrightsforum.com/t/chesapeake-leasing-terms-in-weld-county-colorado/24036/10 "2011-02-10T02:18:20Z")
If you have any questions on leases you should contact an attorney in Centennial named Gene Burke (303) 793-3133. He is doing a lot of lease work and knows all the oil company procedures and what they are paying all over Colorado.
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### Author:  [@C.patton](https://www.mineralrightsforum.com/u/C.patton)
#### Post date: [February 17, 2011, 6:16am UTC](https://www.mineralrightsforum.com/t/chesapeake-leasing-terms-in-weld-county-colorado/24036/11 "2011-02-17T06:16:18Z")
I ran across a guy’s name for Weld County and have talked with him. His name: Clint Blum, Phone # 303-809-7656. Have heard an offer of up to 500, with a 15% take dropping it to 425, for a five year. Don’t know if there is any override on this offer. This is all hearsay, but will be talking with him again soon. May know more next week.
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### Author:  [@Clint\_Blum1](https://www.mineralrightsforum.com/u/Clint_Blum1)
#### Post date: [March 3, 2011, 8:05pm UTC](https://www.mineralrightsforum.com/t/chesapeake-leasing-terms-in-weld-county-colorado/24036/12 "2011-03-03T20:05:19Z")
Dear Chuck - Please call me at 303-809-7656 to discuss Chesapeake.
Thanks,
Clint Blum
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### Author:  [@Hunt\_Pettit](https://www.mineralrightsforum.com/u/Hunt_Pettit)
#### Post date: [March 3, 2011, 9:29pm UTC](https://www.mineralrightsforum.com/t/chesapeake-leasing-terms-in-weld-county-colorado/24036/13 "2011-03-03T21:29:18Z")
Chuck,
you might like to contact our office regarding an oil & gas lease on your property. We are not Chesapeake, we don’t have 14 million acres under lease. We are a small independent company out of Fort Worth, Texas with about 30,000 acres under lease in Weld County, Colorado, Laramie County and Goshen County, Wyoming.
If you are in our area of interest we will be happy to discuss a fair oil & gas lease with you.
Call 817-789-6712 and ask for one of our Niobrara Landmen. You will get to speak with a real person and should receive a real and fair offer if your acreage fits into our plans.
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### Author:  [@Clint\_Blum1](https://www.mineralrightsforum.com/u/Clint_Blum1)
#### Post date: [March 4, 2011, 12:14am UTC](https://www.mineralrightsforum.com/t/chesapeake-leasing-terms-in-weld-county-colorado/24036/14 "2011-03-04T00:14:07Z")
For Morgan and middle Adams County, that is a market deal from CHK. I’d take it.
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### Author:  [@Clif\_Liles](https://www.mineralrightsforum.com/u/Clif_Liles)
#### Post date: [November 15, 2011, 2:54am UTC](https://www.mineralrightsforum.com/t/chesapeake-leasing-terms-in-weld-county-colorado/24036/15 "2011-11-15T02:54:48Z")
Chuck Tucker said:
Does anyone have a landman’s name and number at Chesapeake? I can’t seem to get through to one when I call their Oklahoma City main office. Any help would be appreciated. Thanks.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 15, 2018, 4:34am UTC](https://www.mineralrightsforum.com/t/chesapeake-leasing-terms-in-weld-county-colorado/24036/16 "2018-08-15T04:34:53Z")