EOG Payment

Marcus McBride · 2012-12-15T21:15:24Z

Mike, You must be on the side of an oil company. And I will agree with you on a few points, but I am the owner of minerals as well as surface on some of my property. I also am an investor and have been on the oil company side of it also. I don't see any oil company in a small building or not having big parties. They waste so much money in management that they could qualify as a government agent. But, I have seen some farmers and land/mineral owners doing without nice places while the oil company took advantage of them. Now regarding flaring the gas. If an oil company wasn't so greedy, they would make sure a pipeline were in place before they did a lot of drilling in a sweet area. Also, all gas can't be compressed unless it is liquid; dry gas just doesn't make it. Since oil companies make .8125 or 13/16, it's not like they aren't getting their part. On drilling today, with all the resources we have, you hardly ever drill a dry well. If you do, you need to replace some of the top pay workers. Most of the top companies' CEOs make more in one month than people who own all the minerals per section will get in a lifetime. So, please don't feel sorry for the oil company. If you are lucky enough to get mineral today with the surface, you are paying a minimum of $1,500+ per acre if there is any drilling within the county, so how is that free money? Plus you have lost at least 5 acres or more for the well site. Oh yes, I have lost enough money on investments to write a book, but I have also done real good. You see, I grew up on a farm, drove a tractor when I was 12 years old and understand what it is to buy land and work hard. I even helped the cows calf in the middle of the night. Now, I would like to know how many of these so-called starving oil people grew up like that. I sure don't know any of the CEOs or top managers who did. Most can't even get their hands dirty or wash their own car. I live by a lot of them, so I see what they do. Now the people who work on the rigs and field are a different story, they are hard workers, making little money for as hard as they work. So, when oil companies take advantage of land owners/mineral owners it makes me mad. There are a few good oil companies and some good land men that are fair. But most are like a snake in the grass. We also need to get a new IT dept. at Continental Resources as they can't write software programs, plus they are the slowest paying company I have dealt with yet, so watch out.

Oil and Gas Leasing Help

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