We’ve been approached by a landman to lease our minerals to a certain publicly-traded company ... and also been approached by a different landman with the same company for a pipeline easement on the same property.
We own surface and minerals on this relatively small tract in a fairly hot area of Texas ... and the land is uninhabited and undeveloped.
We’re wondering whether there are any advantages or disadvantages to this situation ... whether we have any extra leverage in one or the other of the negotiations ... and whether there are any pitfalls to be on the lookout for?
Are they more likely or less likely to drill a well near a pipeline on a small tract?
Thanks for any insight, folks ...