I’m an out-of-state owner of mineral rights on land west of Ft. Morgan in Morgan County. I’ve been offered lease terms by Mason Dixon Energy. Has anyone had their standard oil and gas lease reviewed by a local attorney? Is it a balanced document?
What kind of per-acre payments are folks seeing these days in this part of Morgan County?
Many thanks.
Not familiar with what state Morgan County is in. I can tell you that I know of no oil companies’ standard lease that doesn’t benefit the oil company the most and the mineral owner the least.
I should have said this is Morgan County, Colorado. Thank you.
We have land about 30 miles south of Fort Morgan. We were offered $25 5+5 12.5% trying to find out the same information as you for our area, same company. We currently are at $50 5+5 14%.