Posts tagged as:

Lease Bonus

Athens County OH Utica Shale Leasing Surpasses $2,500/acre

by Kenneth E. DuBose on December 15, 2011

Leasing in Athens County, OH, and other areas of the Utica Shale oil play continue to heat up. Land owners are joining together to sign leases in bulk to get favorable terms. Leases are being signed for $2,500 per acre with rumors of $5,000 per acre in the hottest areas. Some mineral owners are going […]

{ Comments on this entry are closed }

Joining Forces For Favorable Mineral Leases

by Kenneth E. DuBose on October 17, 2011

Joining together with other landowners can increase your bargaining power as well as make paying an attorney an economically feasible option. Farmers in Ohio are joining forces to help negotiate leases that do more than simply lease their minerals. Lease bonuses have soared in recent weeks to as much as $5,000 per acre is hot areas of […]

{ Comments on this entry are closed }

Tuscarawas Valley (Eastern Ohio) mineral leasing now commands as much as $4,000 per acre in the hottest areas. That’s a pretty big bump compared to the $15 per acre being paid last year. This is one instance where you’re in a good position if your title was difficult to research and it took a year […]

{ Comments on this entry are closed }

EOG’s Shale Oil Bet Pays Bakken and Eagle Ford Dividends

by Kenneth E. DuBose on August 11, 2011

EOG’s Bakken Shale and Eagle Ford Shale success was the direct result of the company’s exploratory mentality. The company followed the lead of a geologist when entering the Bakken and then quickly began expanding into the Eagle Ford Shale when it first identified the play. The company literally led the industry into liquids-rich gas and […]

{ Comments on this entry are closed }

Ominex Petroleum and Black Raven Energy are both working to secure oil & gas leases in Phillips County, CO. Join the Phillips County Oil & Gas Group at MineralRightsForum.com and discuss your lease offers and where you see activity. The area has been on again, off again for leasing over the years and drilling has […]

{ Comments on this entry are closed }

Leases signed early in the boom of every play don’t get the signing bonus or lease bonus of those who wait it out.  And then again, those that wait it out sometimes don’t get anything….. Oil & gas companies are now pitted against expiring leases that might force them to pay thousands of dollars more […]

{ Comments on this entry are closed }

Utica Shale to Add Jobs in Ohio

by Kenneth E. DuBose on July 20, 2011

The oil & gas leasing boom in Ohio continues as courthouses fill with landmen looking to lease mineral rights. The eastern part of the state will benefit from growing industry involvement. Lease bonuses have already climbed to $10,000 per acre in some cases. Chesapeake Energy has stated they have potential to drill 12,000 wells on […]

{ Comments on this entry are closed }

Boone Pickens Shale Gas Investing Still Hot

by Kenneth E. DuBose on July 13, 2011

Boone Pickens isn’t shying away from shale gas, so be prudent in evaluating your land when you begin to negotiate oil and gas leases.  Prices aren’t as high for gas properties as they were in 2007-2008, but don’t feel to sign without fully evaluating your situation.  Make sure you utilize the free resources like MineralRightsForum.com […]

{ Comments on this entry are closed }

Colleyville TX Barnett Lease Bonus from Titan Operating

by Kenneth E. DuBose on July 13, 2011

Titan Operating expanded a unit in Colleyville, TX, and paid approximately $25,000 per net mineral acre.  What is interesting is that the unit that was not part of the 2008 agreement that required a $25,000 signing bonus received today’s market rate of $4,000 per acre.  Both agreements pay a 25.5% royalty. Quite a big drop […]

{ Comments on this entry are closed }

Range Resources Lease Bonuses in Washinton County, PA

by Kenneth E. DuBose on July 3, 2011

Range Resources reports it paid an average of $80,000 per landowner in upfront payments for leasing in Washington County, PA. That sounds like a pretty good pay day and that’s before royalties kick in. “Plenty of southwestern Pennsylvanians view Marcellus Shale as a driving economic engine of the region’s future.” ” ‘We’re just scratching the […]

{ Comments on this entry are closed }