pad location payment

We own property in T9N-R11W.  A Chesapeake representative called wanting to meet next week to discuss drilling on our property.  What is the current rate of pay to property owners for pad locations in our area?

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Replies to This Discussion

Permalink Reply by jr on April 23, 2011 at 7:52
$8000.00/acre for grazing land more if timber or crop land such as hay meadow....
Permalink Reply by Shaleeee on April 24, 2011 at 9:07
How many acres are needed for a pad location?
Permalink Reply by John Patman on April 24, 2011 at 11:17

Hello miss Kitty.

Get a good lawyer on this one! You want a good one that will look after you as a land owner.

Not a cheep peace of meat on the table. We have 10+ ac in the 9-11 Sec 32 in Sabine parish.

The law man with Cook and Yancy is getting us not only the top $ but the inside skinny on t9-r11 sites.

Things are not the Doom and Gloom that CHK is painting. So get a lawyer on your side on this one.

The cost is well worth the time, headache and they are worth every dollar spent on them. They will

pay for them selve in the long and short run!

Lawyer up on this one!

John

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