# Offer from chief oil and gas. Need some advice

**URL:** https://www.mineralrightsforum.com/t/offer-from-chief-oil-and-gas-need-some-advice/25640
**Category:** General Mineral Rights Discussion
**Created:** [March 6, 2018, 1:14pm UTC](https://www.mineralrightsforum.com/t/offer-from-chief-oil-and-gas-need-some-advice/25640 "2018-03-06T13:14:55Z")
**Posts on this page:** 3
**Page:** 1

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### Author: ![Wendy\_west](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/w/35a633/32.png) [@Wendy\_west](https://www.mineralrightsforum.com/u/Wendy_west)
#### Post date: [March 6, 2018, 1:14pm UTC](https://www.mineralrightsforum.com/t/offer-from-chief-oil-and-gas-need-some-advice/25640/1 "2018-03-06T13:14:55Z")

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My husband and I have 96.5 acres in Bradford County, Pennsylvania. Marcellus shale area. Our lease with Chesapeake ran out end of January. We had received a call from Chief a month ago but never heard back. So we kind of gave up thinking no one was interested. So he called again last night. He is emailing us a lease in a couple days. Offering 1500 per acre and 15% royalty. Not the highest but not the worst either. Does this seem right for how things are now? And what is better a bigger sign-on bonus or a little higher royalty percentage?

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### Author: ![Andrew2](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/a/58956e/32.png) [@Andrew2](https://www.mineralrightsforum.com/u/Andrew2)
#### Post date: [March 11, 2018, 6:26pm UTC](https://www.mineralrightsforum.com/t/offer-from-chief-oil-and-gas-need-some-advice/25640/3 "2018-03-11T18:26:53Z")

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Wendy,

It is especially important in Pennsylvania that your lease says that your royalty is cost-free. Some Marcellus operators in the past have deducted as much as 80%-90% from royalties for post-production costs.

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### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 7:21pm UTC](https://www.mineralrightsforum.com/t/offer-from-chief-oil-and-gas-need-some-advice/25640/4 "2025-01-11T19:21:10Z")

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