landowner

Current Lease Bonuses

I own a % of the mineral rights of a property in Desoto Parish. We have received a recent lease offer but the bonus seems a little low. I realize it is no longer 2008 and the days of the $20,000+ per acre are long gone, but what is realistic at the moment?

Tags: Bonuses, Current, Lease, haynesville, shale

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landownerPermalink Reply by Missy on February 7, 2010 at 13:51
Henry,
Thank you for explaining that. I always thought of force pooled as something undesireable. Thanks again
Permalink Reply by Aubrey C. Sanders, Jr. on February 11, 2010 at 13:56
In my opinion force pooling is not undesirable. I probably would not lease at all, but I like my WI.

landownerPermalink Reply by Bacon on February 3, 2010 at 14:10
I don't know how standard it is but we did an escalating royalty with Petrohawk a couple years ago. 25% then 30 after the well pays out. You could also try leasing the specific formations separate from each other.

landownerPermalink Reply by Henry on February 4, 2010 at 5:49
Bacon,
Can you tell us how easy it was to get info out of Petrohawk, so that you would know when the well payed out, and your royalty would escalate? Did the info come easily, or did you have to pull teeth?

Oil & Gas ProPermalink Reply by jerry smith on February 4, 2010 at 6:04
Henry what should the bonus money be in San- Augustine Texas

landownerPermalink Reply by Henry on February 4, 2010 at 8:03
Jerry,
I have absolutely no clue. I don't follow leasing in Texas closely.

landownerPermalink Reply by Henry on February 5, 2010 at 0:33
Jerry,
If you go look on the site www.haynesvilleplay.com, you will see a section on "Texas completions." It was just updated yesterday. Maybe you can look here and see what the wells in your area are producing. This will give you some sense of how valuable your minerals are. Good luck.

Oil & Gas ProPermalink Reply by jerry smith on February 5, 2010 at 8:00
Henry just the other day i was offer 400,000.00 for just 2persent in a tract i own in the 139 survey. what do you think

landownerPermalink Reply by s watson on February 5, 2010 at 8:16
Jerry, I think you are a blowhard without a pot to pee in.

landownerPermalink Reply by ken hatcher on February 5, 2010 at 9:08
amen, or a window to throw it out!!!

Oil & Gas ProPermalink Reply by jerry smith on February 5, 2010 at 10:54
hey blow hard nut if you know how to figure production on it dont take a nut like you to it out

landownerPermalink Reply by Bacon on February 4, 2010 at 9:16
Haha, Good question. I suppose we'll find out in a few months when we get closer to payout.

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