All Blog Posts Tagged 'During' (1)
Disclosures During Oil and Gas Lease Negotiations - Texas and Louisiana
Disclosures During Oil and Gas Lease Negotiations - Texas and Louisiana
The oil and gas industry has always been subject to booms and busts. Barnett Shale and Haynesville Shale lessors are recovering from their first “bust.” Their roller coaster ride started with oil and gas lease terms of $200/acre and a 1/8th royalty, up to $27,200/acre and a 1/4th royalty, and then back down to $500-$5,000/acre and a 1/5th royalty. In some cases, it seemed like the “going rates” changed…
Added by Eric Camp on October 24, 2011 at 4:30 — 9 Comments
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