| Subject | Date Asked | Expert |
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| Leasing Research | 4/24/2008 | Alan H. Coogan |
Q: My family has mineral acres in Mountrail County ND (HOT!). Let me pose a few questions/issues: I ...
A: I am not prepared to answer North Dakota questions. If you can predict future prices for oil and ...
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| oil & gas surface lease | 4/24/2008 | Laura M. FitzGerald |
Q: I was recently approached by a landsman about doing a surface lease on my property. The previous ...
A: First you talk about being approached to grant a "surface lease". A surface lease only grants the ...
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| Royalty | 4/23/2008 | Alan H. Coogan |
Q: What does all this come down to: "There is expressly reserved in the grantor's, their heirs and ...
A: the reserveis for 1/16 or 6.25 % landowner royalty. The surface owner is conveyed a 1/64 and the ...
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| subordinate clauses | 4/22/2008 | Frederick M. Scott CMM |
Q: I am in a real bind. My mortgage company is foreclosing on my property. I am attempting to ...
A: Devin, part of your question is really not my "area"; but I'd check to see if the minerals were ...
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| Mineral Rights Lease | 4/22/2008 | Laura M. FitzGerald |
Q: I was approached about a lease on my 1.5 acres about a year ago and did not sign. They are now ...
A: yes, i actually would like to take the lease from you if i could. i'm going to set out a calculation ...
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| Sale of royalties | 4/21/2008 | Laura M. FitzGerald |
Q: I've been contacted by PBAF out of Texas, offering to buy all of my unrestricted, perpetual and ...
A: In order for you to find out what is going on in the area, you would need to get in touch with the ...
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| Bryan County OK. | 4/21/2008 | Frederick M. Scott CMM |
Q: I have recently signed an Oil and Gas Lease in Bryan County OK. XTO just got a in pool designation ...
A: Ben, if you've already signed a lease, then you should not be affected by the pooling order. If you ...
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| signing bonus and royalty | 4/21/2008 | Frederick M. Scott CMM |
Q: Sir; I don't understand the process of signing an mineral lease with a middle man. Will a bonus ...
A: James, in order to receive any royalty payments, you must either sign a lease, or be force-pooled. ...
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| vertical drilling | 4/20/2008 | Alan H. Coogan |
Q: About 3 miles directly north of our property they are drilling about 26 vertical wells in the ...
A: No petroleum engineer or geologist is going to recommend horizonal wells when and where vertical ...
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| Confidential well list | 4/20/2008 | David Traugott |
Q: Actually I have 2 questions. First ? In Feb this year they put a well/rig? on my section, it is ...
A: They have it listed as confidential so that their competitors will not have full access to the ...
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| expired lease | 4/20/2008 | Alan H. Coogan |
Q: the lease expired 4/17/08, the site was being prepared, but no drilling was being preformed. the ...
A: Evans: Yours is a "fact intensive question" --combining these facts with the lease provisions and LA ...
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| default lease | 4/20/2008 | Laura M. FitzGerald |
Q: mineeral lease expired 4/17/08, the site was being prepared for drilling, but no rig was in place. ...
A: Mr. Miller - it depends on what your lease states. Some leases provide only that "drilling ...
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| Susquehanna County Pa. | 4/20/2008 | Frederick M. Scott CMM |
Q: We own a chunk of land in Springville Twp which was leased to Cabot in 2006 for $25/12.5/5. Yeah, ...
A: Mel; a "rod" is about 16.5 feet, so they are offering you about $1.21 per foot for the right-of-way. ...
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| vertical and horrizontal gas drilling | 4/19/2008 | Alan H. Coogan |
Q: I have 50 acres over the marcellus shale in Penna. My question is how many well can or would be ...
A: Assuming all wells on your land would be vertical, or at least end up under your land, I would be ...
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| new lease | 4/19/2008 | Frederick M. Scott CMM |
Q: My father owns mineral rights to 900 acres and another 100 acres in Ward County, North Dakota (total ...
A: Deborah, probably you are referring to the refining costs associated with processing natural gas. ...
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| East Texas Lease Offer | 4/19/2008 | Laura M. FitzGerald |
Q: Our family members own various mineral rights in Shelby County East Texas. The area is hot and ...
A: Apparently another well has been complete which has "proven up" the acreage nearby. Without ...
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| Special Energy Corp Division Order | 4/19/2008 | Frederick M. Scott CMM |
Q: My father had mineral right on some family owned property in OK. He passed away in 1978. My mother ...
A: Vickie, what you probably received today (after the pooling notice) was a "division order" for your ...
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| gas well leases SE Oklahoma | 4/18/2008 | Alan H. Coogan |
Q: Coogan, I invested in a gas well program in 2005 whereby this group would secure leases in gas wells ...
A: Please note that I am in the Appalachian basin (Ohio), not OK. In general, if leases "exist" they ...
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| price per barrel variation | 4/17/2008 | Alan H. Coogan |
Q: My family is receiving money for an active well in the Bakken Formation. Why, when the price of oil ...
A: The NYMEX,for delivery next month, spot market crude price so quoted on TV and top of Wall Street ...
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| Gas Well | 4/17/2008 | James H. McConnell, CPL |
Q: Mtty husband has obtained a gas well that has a synthetic grease in it. What is this and how can it ...
A: I doubt that it is synthetic. It is probably paraffin residue from the oil produced in the well. ...
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| price per rod for pipeline easement in my area | 4/16/2008 | David Traugott |
Q: I live on land in N.E. OK. where I have only surface rights. This gas company wants to put in a new ...
A: Unfortunately, I have no idea what the going rate is in NE Oklahoma for pipeline easements. Perhaps ...
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| How to Back-out of a Lease | 4/16/2008 | James H. McConnell, CPL |
Q: I signed a lease with Paloma in Nov. 2007 for 25% royalty and signing bonus of $5,000/acre. My ...
A: You cannot back out of an oil & gas lease anymore than you can back out of a loan agreement or any ...
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| Warranty Deed/ Deed of Trust | 4/16/2008 | James H. McConnell, CPL |
Q: What is the different between Warranty Deed and Deed of Trust? I married to my wife from oversea in ...
A: Lets begin at the beginning. When you married, everything from that point was "community property", ...
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| Suspect deposit | 4/15/2008 | David Traugott |
Q: Mr. Traugott, I suspect I have a natural gas deposit on my property located in Louisiana near Lake ...
A: Typically the oil companies will perform seismic in an area and then study the results and then ...
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| Fuel Oil | 4/14/2008 | David Traugott |
Q: How many gallons of fuel oil will it take to equal the same energy as one gallon of propane gas.
A: It depends on the type (grade) of fuel oil, see below... Propane: 1 Gal Propane = 91,600 Btu's ...
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| gas lease | 4/13/2008 | Alan H. Coogan |
Q: first of all thankyou for being available. What is the financial risk if any of waiting a year or so ...
A: The basic risk is being left out, tho you have no assurance the company will actually drill. Your ...
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| Mineral rights | 4/13/2008 | Alan H. Coogan |
Q: We recently purchased some land in 2003. How do we know if we have the mineral rights or the ...
A: You do not say what state you are in so, in general, if there is nothing to the contrary you were ...
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| Washington county Pa | 4/13/2008 | Alan H. Coogan |
Q: I have 150 acres in washington county and have not been able to find any info on what the going ...
A: The companies are building an inventory of leases with 5-10 year terms because their clients want ...
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| Standard practice in Oil Industry | 4/12/2008 | Alan H. Coogan |
Q: can you please help me. I was trying to get some information on standard practice in negeogiting ...
A: You have asked a pretty general question. The general answer is no, not really. A lease negotiation ...
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| mineral rights vs. surface rights | 4/12/2008 | Alan H. Coogan |
Q: We purchased a piece of property to build a home on. There is a gas well on the property. We do not ...
A: The answer to your specific question is probably to be found in the lease under the "free gas ...
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| Lease of Right-of-Way for Gathering/transmission Pipelines | 4/11/2008 | David Traugott |
Q: I live in Burleson, Texas on 9 acrease top of the Barnett Shale. I have leased a right-of-way down ...
A: I would call someone at the office below and ask them your question. Office of Pipeline Safety U.S. ...
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| Non-Operated WI | 4/11/2008 | Alan H. Coogan |
Q: What is a Non-Operated WI? How is that differant from a WI?
A: a working interest is an investor interest, it pays the bills and is paid a net amount of the money ...
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| prescription on mineral rights in Texas | 4/10/2008 | James H. McConnell, CPL |
Q: Do you know how long one can retain mineral rights in Texas if there's been no lease or attempt at ...
A: Ownership of minerals is usually conveyed or reserved "forever", however occasionally minerals are ...
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| Gas Lease - Favored Nations | 4/10/2008 | James H. McConnell, CPL |
Q: James, We are located in NEPA, Manchester Twp. of Wayne County PA. We signed a lease with ...
A: I am not going to gain much favor with this answer, but this is the reason I oppose the use of ...
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| WV law restricting drilling | 4/10/2008 | James H. McConnell, CPL |
Q: I have oil/gas rights to part of 112 acres in WV. I have just recently been told WV has a law ...
A: I don't know about the statute, but common sense says that is the way it will always be. Remember, ...
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| Marcellus shale | 4/10/2008 | James H. McConnell, CPL |
Q: I own 30 acres in the eastern third of Westmoreland County, Pennsylvania, on land purported to be ...
A: Hold out for a year and see what kindof offers you get in a year. If they are really good, wait ...
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| leasing part of an interest in PA. | 4/10/2008 | Laura M. FitzGerald |
Q: If I own only 20% interest of the Oil and Gas on a piece of property in PA, and the other 80% ...
A: If you remain unleased, and the other 80% is leased, the oil company can proceed to drill a well. ...
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| Gas Lease | 4/9/2008 | James H. McConnell, CPL |
Q: Mr McConnell, I have 120 acres in Central Alabama. Recently I was contacted by a landman ...
A: I am familiar with the area and that is a good price and a real good royalty for your lease. I ...
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| mineral rights | 4/9/2008 | James H. McConnell, CPL |
Q: I own 3/8 mineral rights on my property there is 5/8 remaining that 3rd party holders have but 7 out ...
A: In Texas the severed minerals are forever. Just because you or the bank can't locate the heirs, ...
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| mineral rights | 4/9/2008 | James H. McConnell, CPL |
Q: I own 3/8 mineral rights on my property there is 5/8 remaining that 3rd party holders have but 7 out ...
A: there are only two ways to convey property, by deed or by law. Which one did you figure on using to ...
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