Posts tagged as:

Mineral Lease

Gold Mining and Prospecting Hotter at Today’s Prices

by Kenneth E. DuBose on December 8, 2011

Gold prices have remained high long enough that we’re beginning to see an increase in gold mining and prospecting across the U.S. That means gold might be as important in some places as it was in the old gold rush days in California. At almost $1,800 an ounce, it doesn’t take much to rationalize drilling […]

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Oil and Gas Lease Pitfalls and Perils – NY Times

by Kenneth E. DuBose on December 6, 2011

A recent article by the NY Times surveyed several thousand oil and gas leases. The Times hasn’t shied away from making accusations about the industry, but the story’s findings should be considered when leasing your minerals.  While many of the problems mentioned are few and far between, you don’t want to be that one land […]

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Mineral leasing is big business. You might or might not have a large of enough mineral position to push the limits of a lease agreement, but be sure to use prudence just like you would in any business decision. Consider the ramifications of development and what that means to you and your specific situation. Oil […]

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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 […]

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ExxonMobil and Chesapeake Energy are moving to force extensions of NY Marcellus Shale leases.  The leases were signed and paid back during the boom in 2007 and 2008.  Then, NY decided to ban the completion technique needed to economically produce gas wells. The greedy part of me says companies should have considered that impact when […]

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Louisiana – We’re getting a little case history on what can be considered “reasonably prudent for the mutual benefit of the operator and the lessor”.  How this plays out across the country will be a big question for mineral owners who have inherited leases that were signed decades ago.  The next item that mineral owners […]

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