Wondering what the prevailing bonus is in this area. Have some ac. but, live in another county.
Have been offered 2500.00 for 3 years. 3/16. Thanks!
Sounds reasonable for lease but require ZERO post-production expenses, gross not net, absolutely no gathering system expense or marketing expense even if you eventually have to concede compressor costs, make sure it is the compressor only and gas used for compressor is paid royalty on. Favored nations clause for unit. At end of primary term only the producing zone (100ft above and below) is released. Otherwise take the state no-post prod lease in integration. And go to the heàring with a OG lawyer.