could a land owner reasonably ask for in a lease...in a sell?
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Depends on too many factors to give a "fits all" response. Location, size in acres, prospective formation(s) and current activity in the area are some of the basic details that inform lease negotiations. John, if you are hesitant to post the details you can send me a friend request and post a private comment on my personal page. I would like to add that there is no real reason not to post sufficient details to get replies as others in your area may be negotiating or considering a lease now also. Posting here should not put you at a disadvantage regarding a lease or a sale.
Read this. Click on the text in blue.
By Skip Peel, Independent Landman
The following is intended to give mineral owners an idea of how minerals are valued and how they are commonly leased and sold. The comments are purposely general in nature as the subject is fairly complex, details regarding size and location of mineral ownership vary widely and those variations are critical to determining value. Anyone considering the sale of minerals should seek the professional assistance of a landman or attorney experienced in the leasing and sale of mineral interests and familiar with the exploration and production history and current activity in the region where the minerals are located.
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…
ContinuePosted by Char on May 29, 2025 at 14:42
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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