I don't have land to lease, but I'm trying to find out what folks think are fair lease terms. I believe that the key to getting land leased is a willingness to accept the going rate, considering where gas prices are now. And, I am a firm believer that the true value is in the future royalty income, so the key is getting the land leased to someone who will drill it so that royalty income can start. Do you have an idea of what you would be willing to lease for, considering the current state of the market? Maybe I could help.
As 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