Gas leases and fracking questions

[two_bit_score]

The other thing is find out for sure what minerals you actually own. I've seen people spend months working out a lead deal and when it came time to do the lease the company did the preliminary title search and they found out the landowner only had a fractional interest. You need to make sure what your interest is before it comes down to it.

Also, there is a pretty good section on allexperts.com that deals wit mineral lease issues where you can ask specific questions. You should check it out.

 

[two_bit_score]

One more thing and then I will shut up.

With small ac, around ten ac. Or so. You should get your well tested now, just to gave a base line for future reference.

There will probably not be a problem with your well but you will wish you had it tested now if there is a problem later.

With ten ac or less it's very unlikely you will be faced with a gas well on your property. If you were you would be lucky because the surface damages they would likely pay you would give you enough money to get more than you have now no matter how nice it is.

A gas well pad site likely will take from five to ten ac. They can be pushed down to two but they will always want to take as much as possible. But they usually pay well.

 

[tommu56]

O
A gas well pad site likely will take from five to ten ac. They can be pushed down to two but they will always want to take as much as possible. But they usually pay well.

With the horizontals they can run 3,000 ft (rumors say they have gone to 7,000) out from the pad so they can drill under you frack you and take the gas from a half mile away.

The horizontal drilling is to minimize the surface disturbances.
Think of a grid one mile square with the pads on the crosses as opposed to one's for oil every 300 ft like I've seen in Texas.

 

[two_bit_score]

With the horizontals they can run 3,000 ft (rumors say they have gone to 7,000) out from the pad so they can drill under you frack you and take the gas from a half mile away.

The horizontal drilling is to minimize the surface disturbances.
Think of a grid one mile square with the pads on the crosses as opposed to one's for oil every 300 ft like I've seen in Texas.

There are several ways they do it. Sometimes they put multiple horizontal wells out from one pad - maybe as many as four. I have seen several with two horizontals.

A horizontal gas pad is huge even for one horizontal well. I have an acquaintance in south Texas who specializes in working for landowners to work with the gas companies to minimize the foot print of the well pads after drilling opertains are completed but it cost money to reclaim and a lot of landowners don't know what can be done and the companies usually don't do it unless they are 'persuaded'.

It's not unusual for horizontals to go 15,000 plus feet total.

Horizontal drilling has nothing to do with minimizing surface disturbances. It's the way gas is recovered in unconventional formations like shale.

 

[SPIKER]

There are several land owner associations that are joining land together and negotiating better value and rights to property owners. I have several in north central ohio myself in the Jeromesville area. Looking at OFBF on the county farm bureau meetings as well. I'm considering joining the Mohican area land owners association. also there is the kill-buck vally landowners association & one other organization that you can look ingo. I think the Mohican one is open yet. the other two are closing membership but can open if / when they sell options for reserve or standby members that are wanting in after the closing date.

see some here

http://licking.osu.edu/topics/agric...nusual Ohio Oil and Gase Lease Provisions.pdf

look up Central Ohio Landowners Association (COLA). currently closed but have something like 80,000 acres that are negotiating with gas company now.

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Ohio Landowners - Go Marcellus Shale


Landowners and Leasing for Oil and Gas in Ohio - Ohio DNR Division of Mineral Resources Management


The-Daily-Record.com - Mohican Basin Landowners Association expanding in members and territory

Newly formed group to educate landowners


Sept 7th there is a meeting in Richland county at the "RIchland co. LONGVIEW CENTER 7pm) I will be attending if I remember lol...


Mark

 

[Egon]

I have property up state pa and some of the water wells you could light the gas coming off 20 years ago before all the mass hysteria start

Lots of "air" in water wells with no hydrocarbon activity around. Just depends on the geology of the area.:thumbsup:

 

[aczlan]

One more thing and then I will shut up.
With small ac, around ten ac. Or so. You should get your well tested now, just to gave a base line for future reference.

Very important advice if you are worried about your water.
You do a test, they do a test (before signing, yours goes to a lab of your choice, theirs goes to a lab of their choice), if the tests agree, it is added to the contract that the well was in condition W on date X before the start of work and it is to remain in said condition or they are obliged to perform Y remedial action or pay Z in damages.

Aaron Z

 

[tommu56]

There are several ways they do it. Sometimes they put multiple horizontal wells out from one pad - maybe as many as four. I have seen several with two horizontals.

A horizontal gas pad is huge even for one horizontal well. I have an acquaintance in south Texas who specializes in working for landowners to work with the gas companies to minimize the foot print of the well pads after drilling opertains are completed but it cost money to reclaim and a lot of landowners don't know what can be done and the companies usually don't do it unless they are 'persuaded'.

It's not unusual for horizontals to go 15,000 plus feet total.

Horizontal drilling has nothing to do with minimizing surface disturbances. It's the way gas is recovered in unconventional formations like shale.

On most pads up here there is 6 wells to start.
I have seen 4 to 8 but some documents on line say there are up to 12

 

[forgeblast]

Lots of wells up here were we are.
One thing to remember is to save 40% of what they pay you for taxes that way you dont owe a huge amount.

 

[two_bit_score]

Lots of wells up here were we are.
One thing to remember is to save 40% of what they pay you for taxes that way you dont owe a huge amount.

If the current regime in Washington really wanted to do something to help the economy they would make mineral lease signing bonuses taxable at a flat 10%.