Howdy folks, can some of you seismograph experts please help with information. I need to know the process by which it's done, how much surface damage to expect, protection clauses for a lease, and of course, how much to expect to be paid. Thanks in advance.
Jack Spratt: has a seismic company approached you yet? If so, who's the company. I contracted in Oct 07 at the 25$ per acre price as that is the industry norm from my research.
Jack, I contract at $25.00 per acre in June. We had an expert in the field look at our contract and he said this was a good thing for us and to proceed.
In reference to your post, I agree that $25/acre for seismic work, given the damage, is unreasonable. I don't see any recent posts to this discussion but has anyone negotiated more than the $25 "industry rate"? Thanks
i am not at liberty to disclose exactly what i got but as a rule of thumb i usually ask for double the going rate for these types of things.
also a friend of mine in shelby county reported to me atleast one of the shot holes on his homestead left a four foot deep crater the size of a pickup truck hood.
this reminds me of the importance of conducting a detailed post shot inspection of the shot holes .
kj
Why would you tell me that you are/were a landman for 30 years and online I see that you claim to be a Geologist? I won't/can't refute your answer either way.