Posted by Bill in Colo on February 08, 2008 at 13:11:52 from (75.104.96.39):
In Reply to: O.T. - Drilling for gas posted by CB in central NY on February 08, 2008 at 07:28:37:
We currently have two wells on our ranch and plans are for several more,none in production yet but will be by July. Gas co is in proccess of premitting a compression and treatment facility,state and fed regs. 1.leases are based on mineral acres owned, we have alot of land in the west with the Gov holding the minerals.Old leases were 10 per acre bonus and 1 per year.. Accept nothing less than 50 per acre per year or longer than than five years make sure that if a well is shutin you still get annual payment of the mineral acre amount. 2. Ask for 20% interest and accept no less than 15% the old days of 12.5% are gone. 3.If you only own small acreage it it possbable to have a no drill lease. 4. You may want to make certain areas of your farm off limit to surface disturbence. All planned wells in this area are directionaly drilled. 5.Get togather with your neighbors I negoiated the lease for about 20 + mineral holders. 6. You may want to set damage rates for pipeline and other facilities ahead of time. 7.Don't get in a hurry if they want it they will pay.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
