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 […]
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 […]
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 […]