| Subject | Date Asked | Expert |
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| mineral rights lease offer in MS | 5/17/2008 | David Traugott |
Q: there's a company offering to lease our property (100 acres of timberland) and that of the bordering ...
A: You can usually find out information about the "going rate" by talking to your neighbors or asking ...
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| Mineral, royalty, and surface interests in Pecos County Texas | 5/16/2008 | David Traugott |
Q: I own forty acres of land in Pecos county, Texas, I reside in Florida. I received a letter that ...
A: This is not my area of expertise, but personally I think this is too low for forty acres; I would ...
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| Lease Extension | 5/16/2008 | James H. McConnell, CPL |
Q: Mr. Coogan, could you please help me understand why a landman would offer to extend a lease, ...
A: I would advise you to not sign the extension. I am very familiar with the Haynesville play. If you ...
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| analysis | 5/15/2008 | David Traugott |
Q: Hope all is well. I wanted to ask some questions re solving. I'm not sure if you can answer it. I ...
A: The reason I suggested the ratio method is because it is the easiest to calculate. If you really ...
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| Are these terms reasonable? | 5/15/2008 | David Traugott |
Q: Traugott. I have been made an offer from a landman to lease my 1.04 acres located in Keithville, La. ...
A: Their offer seems low for your area, I would hold out and wait for some better offers; the ...
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| gas lease | 5/15/2008 | Alan H. Coogan |
Q: Mr. Coogan, I own 180 acres in Cambria County, PA. I signed a lease over 4 years ago with a small ...
A: what constitutes commencement is a matter of law in the particular state. It usually requires a ...
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| non operated working interest | 5/15/2008 | James H. McConnell, CPL |
Q: I did not understand the definition of a non operated working interest. I was told that an investor ...
A: You misunderstood the definition. Royalty owners do not pay bills, everyone else does. If you are ...
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| Oil & Gas Drilling Rules | 5/14/2008 | David Traugott |
Q: David, I own the mineral rights to 100 acres of land in Harrison County (East) Texas. Recently I ...
A: It depends on if your area has been pooled yet or not (see link below). ...
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| Oil/Gas lease | 5/13/2008 | Alan H. Coogan |
Q: Mr. Coogan. I just signed a 3 yr./2yr. extension gas and oil lease with Paloma resources on 5/8/8 ...
A: If you are serious about this, hire an oil and gas attorney, I do not practice in Texas. They ...
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| gas well info. | 5/13/2008 | David Traugott |
Q: I have leased my mineral rights to an oil company that in turn leased it to another company that ...
A: You can expect a royalty check as soon as they get the well lined up to produce into the sales ...
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| Oil&Gas Lease Terms Fair? | 5/13/2008 | Alan H. Coogan |
Q: I live in southwestern Pennsylvania; specifically, western Washington County, Pennsylvania. Oil and ...
A: Well, fair is what is agreeable. Chewck prior "Ask the Expert" questions and you will see the offers ...
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| Oil/Gas lease | 5/13/2008 | Alan H. Coogan |
Q: Mr. Coogan. I just signed a 3 yr./2yr. extension gas and oil lease with Paloma resources on 5/8/8 ...
A: It is hard to say for sure. First, you do not have to change the lease, but they do not have to ...
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| Title/Deed searchs | 5/8/2008 | David Traugott |
Q: How do I go about searching for the mineral rights ownership on my wife's property? I have copies of ...
A: This information should be recorded in the local courthouse, but sometimes it can be hard to find, ...
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| gas well production measurement.....Mcf | 5/8/2008 | Alan H. Coogan |
Q: I have a not been able to figure out some gas well records. Couple questions. Gas well production is ...
A: I assume you are reading the statement with the check. Unit price is $5.62/per MCF X 3002 = total ...
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| Mineral Lease | 5/8/2008 | Alan H. Coogan |
Q: I own four acres in Warren Township, Bradford County, PA and have been offered $2100 per acre, 15% ...
A: It is likely that your 4 acres is of marginal interest to them, but who knows where you are with ...
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| Oil and Gas Leases | 5/8/2008 | David Traugott |
Q: My father had leases on his land in Merryville La. 77653 for years. when he passed, they passed. How ...
A: All of this information should be recorded in your local courthouse; you can either go up there and ...
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| gear oil | 5/7/2008 | William Hawk Howes |
Q: if the gear oil is empty well the truck not move?
A: Elaine, Yes the truck will move. That is if you have not run it empty long enough to freeze up the ...
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| Leasing in Hancock, NY by Chesapeake | 5/7/2008 | James H. McConnell, CPL |
Q: I am a land owner (6 acres) in Hancock, NY and the Chesapeake company is leasing land in our town ...
A: You have a good deal considering the fact that the shale has not been drilled or developed in your ...
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| oil production | 5/6/2008 | David Traugott |
Q: There is a new oil and gas well next to our property in texas that the oil company has indicated is ...
A: Depending on your location, I would consider this well an "average" or normal well. The production ...
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| Minerals Hughes county Oklahoma | 5/6/2008 | David Traugott |
Q: I have mineral rights in Hughes county and at this time receive royalty checks on Bama3 and Bama 4 ...
A: I would seek the services of an independent landman or oil and gas attorney familiar with your area. ...
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| "Bad Faith" by Gas company Leasing Mineral Rights | 5/5/2008 | Alan H. Coogan |
Q: I live in Texas. I signed lease with Llano Royalty, LLC in July of 2007. Up until about three ...
A: First I do not practice law in Texas. In general, you appear to have stated a claim or cause of ...
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| Minerals Hughes county Oklahoma | 5/5/2008 | David Traugott |
Q: I have mineral rights in Hughes county and at this time receive royalty checks on Bama3 and Bama 4 ...
A: It depends on whether or not you can get more money on the new lease; if the new offers are higher, ...
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| Gas lease - Comapny not acting in Good Faith | 5/4/2008 | James H. McConnell, CPL |
Q: I know your knowledge is limited in this area, but everyone else is out so I hope you could give ...
A: You had a very good case for nine months or so. A contract is not valid until consideration is ...
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| Oil and Gas Lease in Hughes County,ok. | 5/4/2008 | David Traugott |
Q: I had an oil and Gas Lease in Hughes Co. W/2 NW/4 Section33,8N, 10E. The lease is up as of the end ...
A: You can find information about the activity in your area at the website below. ...
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| Gas lease extension of term option | 5/3/2008 | Alan H. Coogan |
Q: My husband and I own 58 acres in NY. We signed a paid-up lease that expires in Jan 22, 2009. On ...
A: Well, it does sound like it, but I'm not sure because it depends on the exact words of the lease. ...
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| property owner rights | 5/2/2008 | David Traugott |
Q: When notified of a pending well drilling operation on my property, do I have any rights of refusal, ...
A: It depends on what state you live in; if you live in TX the "surface owner" does not have many ...
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| gas lease | 5/2/2008 | David Traugott |
Q: I live in Mansfield,Tx and my question is,their has been wells drilled close to my 7 acres and i ...
A: Contact Devon Owner Relations For royalty owner inquiries relating to U.S. operations, please email ...
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| Delay to Market-Marcellus Shale | 5/2/2008 | Alan H. Coogan |
Q: What if an energy company that has drilled gas wells in your area wants to lease your property for 3 ...
A: No one can answer the questions you are asking except the companies involved. Here are 3 options: ...
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| NE PA gas lease | 5/1/2008 | Alan H. Coogan |
Q: I have 47 acres in marcellus area,Susquehanna Cty. Cabot has offered $2500/15%. Talked to some ...
A: !. Cabot is a large company with resources to drill. The offer appears low on the cash size, ask for ...
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| North Louisiana lease questions | 5/1/2008 | Laura M. FitzGerald |
Q: We have mineral rights on several hundred acres in north Louisiana, located roughly where Claiborne, ...
A: nO, no, nO, This does not sound right. PLEASE call me ASAP at 318-458-3183 or 318-219-2464,x100 - ...
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| Gas well drilling requested from me. | 4/30/2008 | Alan H. Coogan |
Q: A local Driller is wanting to drill a well/angle drilling about 10 properties from mine, and request ...
A: 1. Cost him too much? That depends a lot on his situation. there is more to forced pooling vs ...
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| Selling mineral rights | 4/30/2008 | Laura M. FitzGerald |
Q: My parents owned 160 acres of land in Bryan County, OK which was sold a number of years ago. Since ...
A: the surface and mineral ownership can be owned separately, even though your father sold the property ...
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| oil lease | 4/29/2008 | James H. McConnell, CPL |
Q: I have owned my property for 11 years. We are curious as to whether or not we actually own the ...
A: It is called prescription by nonuse. If there has been no production from your land or land pooled ...
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| Shut-In Royalties | 4/29/2008 | Alan H. Coogan |
Q: A few general questions on shut-in royalties. What are the ideal terms for the Energy company as ...
A: The purpose of the shut-in royalty is to prevent termination of the lease because the well is not ...
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| Formal Corporate Offer (FCO) | 4/29/2008 | David Traugott |
Q: What is the procedure one has to follow to obtain an FCO from Saudi Aramco?
A: I would call the number below or write. For general inquiries about Saudi Aramco, contact +9663 872 ...
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| Solicitation of Bids for Oil Leases | 4/29/2008 | Laura M. FitzGerald |
Q: My family recently received a offer for a bonus on a lease in the State of Oklahoma, Carter County. ...
A: The best way for you to do this is find out who are the other active oil/gas operators in the area ...
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| OIL AND GAS LEASE | 4/28/2008 | Alan H. Coogan |
Q: I was curious to know once a well has been plugged is there any going back in. Me and my siblings ...
A: Theoretically,yes, but .... that is you do not tell me enough to answer the question. Is part of the ...
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| Eminent domain | 4/28/2008 | David Traugott |
Q: We have 84 acres in Susquhanna County, Great Bend. Our property is used for recreation and hunting. ...
A: I would call someone at the Office of Pipeline Safety at the number below... EASTERN REGION ...
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| Costs | 4/27/2008 | David Traugott |
Q: I own about 3500 acres of mineral rights near Rocksprings Texas. My family previously had pumped ...
A: The costs can vary greatly depending on a number of variables such as; well depth, bottom-hole ...
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| Lease rates | 4/27/2008 | James H. McConnell, CPL |
Q: I live in fort worth Texas and was approached almost a year ago. They offered $1500.00 per acre in ...
A: It is called competitive leasing. I have never seen numbers like the ones you describe, but I don't ...
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