I'VE BEEN APPROACHED TO LEASE BY ENERQUEST LAND SERVICES TO LEASE... SHOULD I LEASE??

I have never heard of Enerquest Land Services and don't believe it's an operating company but I was approached to lease my acreage in DeSoto for $750.00 an acre + 1/5 royalty for 2 years plus an extension of 3 years. Should I lease?? Any recommendation about what leases are going for these days and if I should accept the offer will be appreciated... Thanks. 

Tags: DeSoto, Haynesville, Leasing

Views: 3946

Reply to This

Replies to This Discussion

I don't think such a clause would be acceptable to the vast majority of energy companies.  I have seen clauses prohibiting assignment to any company associated with a particular individual but that was a rare, localized situation.  Although a mineral owner is free to ask for whatever they wish, in this case I don't think such a clause should be a priority.  The chance of these particular leases being assigned to Chesapeake would be extraordinarily slim in my opinion.  It would take a very large mineral interest in a hot play for any decent size operator to consider such a prohibition. 

Counter with  1/4 royalty see what happens but don't know if this is a good offer for your area. It could be due to down prices.

r

RSS

Support GoHaynesvilleShale.com

Blog Posts

Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of)  nor local residents appear to have received any compensation for the minerals extracted from their land.

This area has suffered immense environmental degradation…

Continue

Posted by Char on May 29, 2025 at 14:42

Not a member? Get our email.

Groups



© 2025   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service