O&G Landman knocking on my door for 'lease' | Page 5 | TigerDroppings.com

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FelicianaTigerfan
LSU Fan
Baton Rouge
Member since Aug 2009
14931 posts

re: O&G Landman knocking on my door for 'lease'


Whats the lowest percentage royalty yall have heard of being offered?





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TH03
Notre Dame Fan
Member since Dec 2008
96118 posts
 Online 

re: O&G Landman knocking on my door for 'lease'


These days or historically?





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redstick13
Wofford Fan
Cameroon
Member since Feb 2007
22399 posts

re: O&G Landman knocking on my door for 'lease'


quote:

look who is a landman.



I thought it was common knowledge he was a landman.






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ForeverLSU02
Penn Fan
Albany
Member since Jun 2007
28415 posts

re: O&G Landman knocking on my door for 'lease'


12.5%

Don't think I've ever seen 10%






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boosiebadazz
Member since Feb 2008
45284 posts

re: O&G Landman knocking on my door for 'lease'


big influx when haynesville and the others were found but the market is correcting itself







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redstick13
Wofford Fan
Cameroon
Member since Feb 2007
22399 posts

re: O&G Landman knocking on my door for 'lease'


quote:

big influx when haynesville and the others were found but the market is correcting itself



Not fast enough. Gas prices are way too low for this time of year.






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TH03
Notre Dame Fan
Member since Dec 2008
96118 posts
 Online 

re: O&G Landman knocking on my door for 'lease'


Correct, 1/8 was the norm before Bath forms and were the first royalty printed on the Bath form. It's still the standard royalty figure on the form, but usually it is crossed out and superseded by the royalty on the Exhibit page.





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thedogman
New Orleans Saints Fan
Member since Dec 2008
1501 posts

re: O&G Landman knocking on my door for 'lease'


quote:

Same


Good deal hopefully it will pick back up around here. I've been doing this 7 years and this is the first time I've been without work for more than 3 days.






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FelicianaTigerfan
LSU Fan
Baton Rouge
Member since Aug 2009
14931 posts

re: O&G Landman knocking on my door for 'lease'


These days. My MIL signed a lease and I only saw a portion of it and thought I saw 1/32 royalties on there somewhere. She was pretty protective of it so I didnt get a good look


This post was edited on 1/16 at 5:59 pm


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TH03
Notre Dame Fan
Member since Dec 2008
96118 posts
 Online 

re: O&G Landman knocking on my door for 'lease'


I've never seen a 1/32 in any state that I've worked





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FelicianaTigerfan
LSU Fan
Baton Rouge
Member since Aug 2009
14931 posts

re: O&G Landman knocking on my door for 'lease'


Well thats kinda a relief. Was hoping she didnt sign that and would get fricked that bad





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ForeverLSU02
Penn Fan
Albany
Member since Jun 2007
28415 posts

re: O&G Landman knocking on my door for 'lease'


quote:

. My MIL signed a lease and I only saw a portion of it and could have swear I saw 1/32 royalties on there somewhere
that doesn't sound right. Was this recent? Marine Shale play?






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FelicianaTigerfan
LSU Fan
Baton Rouge
Member since Aug 2009
14931 posts

re: O&G Landman knocking on my door for 'lease'


Recent yes but in a midwest state





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TH03
Notre Dame Fan
Member since Dec 2008
96118 posts
 Online 

re: O&G Landman knocking on my door for 'lease'


I've been at my company for 5 years, worked for my dad before that since I was in middle school, he's been at it for 40+ years and my grandmother was before. My dad says its always up and down and when you get on with a good group, hold on to it as long as possible.





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ForeverLSU02
Penn Fan
Albany
Member since Jun 2007
28415 posts

re: O&G Landman knocking on my door for 'lease'


quote:

Recent yes but in a midwest state
gotcha






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Rouge
USA Fan
TD.com HOF Member - Class of 2014
Member since Oct 2004
97314 posts
 Online 

re: O&G Landman knocking on my door for 'lease'


Beeferinthequeefer Is a better resource than any other person in this thread. It is not even close.





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thedogman
New Orleans Saints Fan
Member since Dec 2008
1501 posts

re: O&G Landman knocking on my door for 'lease'


quote:

My dad says its always up and down and when you get on with a good group, hold on to it as long as possible.


Agreed.






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FelicianaTigerfan
LSU Fan
Baton Rouge
Member since Aug 2009
14931 posts

re: O&G Landman knocking on my door for 'lease'


Wells were drilled there back in the 70s through 90s and some produced and have since dried up. They are going back now and fracking. They are doing two drilling pads on 400 acres. Hoping my ole lady gets paid





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TH03
Notre Dame Fan
Member since Dec 2008
96118 posts
 Online 

re: O&G Landman knocking on my door for 'lease'


quote:

They are going back now and fracking


She's fricked.






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boosiebadazz
Member since Feb 2008
45284 posts

re: O&G Landman knocking on my door for 'lease'


why is your ole lady gonna get paid?

does she have an interest in the land?






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