Gas Leases

As the search for natural gas intensifies in the Endless Mountains, the Wyoming County Recorder of Deeds office has also seen an avalanche of paperwork.
The processing of more than 1,000 leases has had a dramatic effect on the office, generating an increase in filing fees, as well as a need for additional staff.
“We’re getting hammered [...]

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All my news lately seems to be coming from New York, so to add to the list…

The New York state Attorney General’s office has issued eight tips for minimizing the risk of signing a natural gas lease. Property owners in Sullivan County are now being offered land leases on their property by drilling companies.
Assistant Attorney [...]

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Sorry for the last minute notice but I just received word of this seminar this morning. For anyone in the Hornell, NY area considering signing a gas/oil lease please consider attending this seminar. It’s probably one of the best investments you’ll make:

Steuben County landowners are banding together over mineral leases — particularly natural gas.
The Steuben [...]

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La. - Chris Moreno lost his job managing a print shop two years ago, just after his wife became pregnant and they’d started building a house on 40 acres near the shores of Caddo Lake.
He fretted he’d have to relinquish his humble piece of paradise, where he indulged his country boy’s passion for hunting raccoons [...]

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A packed Tunkhannock Area High School auditorium buzzed on Wednesday evening with one topic: natural-gas lease profits.
The rush is on in western Wyoming County, with the Wyoming County Landowners’ Group and its more than 45,000 acres in the gas-filled Marcellus Shale region recently accepting a lease agreement with the Unit and Citrus oil and gas [...]

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With the current energy crunch, could a speculative gas leasing frenzy take place in Botetourt again?
Apparently so.
Right now a similar event is under way in Western Pennsylvania. Published reports indicate that landowners have been inundated by natural gas companies seeking to snatch up mineral rights.

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When an oil company approached Bob and Gladys McArthur in 2006 about leasing their Hillsdale County land to search for oil, they looked at it as a little extra cash in the bank.
Oklahoma-based Continental Resources was one in a string of about five companies over the years to come to them with an oil lease.
“We [...]

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By now just about everyone has heard about the natural gas boom in Northwest Louisiana, called the Haynesville Shale.
As with any boom, the talk of the town is money. Less than a year ago, companies were paying $150 per acre lease bonuses with 1/6th royalty, and now rumors are flying around about $25,000 bonuses and [...]

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Three Lake Huntington, New York government and public interest agencies have planned a natural gas drilling symposium on Aug. 19, at Sullivan West High School, from 6:30 to 9:30 p.m.
The meeting, organized by the Sullivan County planning division, the Chenango County Farm Bureau and Cornell Cooperative Extension, will focus on negotiating a gas lease that [...]

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Make copies, keep files and think about your future were three mantras recited Sunday in yet another local mineral rights meeting.

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