"If they own the mineral rights as well as land..it good to lease. But if they only own the 38 acres land then a five acre chunk plus a road and pipe lines at just about any price not worth the $$$.
I got $5000 acre plus the damages..in 2011.…"
Can anyone help me with information regarding the going rates for a Gas well pad. My kids have inherited 38 acres in Red River on the Bracky Branch field Section 25 Township 14 North, Range 10. There is a pad on the North East corner of the land bordering other sections, the 5 year lease is up for renewal. Tellurian want to renew the lease. The size of land they want is 5.75 acres, this is slightly larger than previous. Of course they want access and the ability to tie in to a gas pipe. …See More
Just dropping by to say hello. Have one "shale" of a day. Also, there some new profile questions. Check those out by clicking HERE. We are also coming up on our 10,000th member. Be sure to celebrate with me. Click HERE for more about that.
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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