I have been contacted about leasing land I own. Any advice or suggestions would be appreciated. Elmer
Hey Elmer,
There is quite a bit of activity in Conecuh County. Depending on how much acreage you’re talking about, it’s probably worth spending a little money for some professional advice. Most of the time, you can get a better offer than what is presented the first time, because the typical agreement is written to benefit the leasing company. How much more you can get depends on a number of factors. I did a lot of research before I agreed to a lease.
Dan
Dan Bush said:
Hey Elmer,
There is quite a bit of activity in Conecuh County. Depending on how much acreage you’re talking about, it’s probably worth spending a little money for some professional advice. Most of the time, you can get a better offer than what is presented the first time, because the typical agreement is written to benefit the leasing company. How much more you can get depends on a number of factors. I did a lot of research before I agreed to a lease.
Dan
Thanks, Dan. I heard today that several people around me have been contacted recently about signing a lease. I haven’t talked to any of them yet.
elmer andrews said:
Dan Bush said:
Hey Elmer,
There is quite a bit of activity in Conecuh County. Depending on how much acreage you’re talking about, it’s probably worth spending a little money for some professional advice. Most of the time, you can get a better offer than what is presented the first time, because the typical agreement is written to benefit the leasing company. How much more you can get depends on a number of factors. I did a lot of research before I agreed to a lease.
Dan
Yes do research, in anything, do research! Read, read read. Drill, drill, drill. More you read the more you know. It even a good idea good doing research overseas on oil prices. Just to ponder on. I did.
Turn it to the right!!! Hope it helped ![]()
Hello Jennifer, Thanks for the response. I have nothing new to report as of now. I am kinda pressed for time but I will be back. Thanks again, Elmer
Thanks for the response. Any hints of suggestions greatly appreciated. Elmer Andrews
Hi,
My father has been contacted by an oil and gas drilling company about leasing his land in Escambia County/Conecuh County area. He needs information about what is a fair price to ask for in terms of leasing monthly for the property. We’ve been doing a lot of reading but we still need some guidance. I’ve seen some Alabama landowners mention they were getting $150 an acre, 1/5 of the oil/gas extracted and also in some cases signing bonuses. We also want to get the names of a few attorneys who have experience in Mineral Rights leases. We would appreciate the information. Thanks
Hello Dan, I signed a lease a little over a hear ago in Conecuh, Co. Al. They drilled 2 wells less than 2 miles from me and covered them up and planted grass over them. Does this mean the end for them?
elmer andrews said:
Thanks, Dan. I heard today that several people around me have been contacted recently about signing a lease.I havent talked to any of them yet.
elmer andrews said:
Dan Bush said:Hey Elmer,
There is quite a bit of activity in Conecuh County. Depending on how much acreage you're talking about, it's probably worth spending a little money for some professional advice. Most of the time, you can get a better offer than what is presented the first time, because the typical agreement is written to benefit the leasing company. How much more you can get depends on a number of factors. I did a lot of research before I agreed to a lease.
Dan
Hey Elmer,
If they covered them with grass, that’s probably the end of those wells, most likely dry. But, there is a lot of ground between you and them. That said, you could still see activity in your immediate area.
Just out of curiosity, who did you sign a lease with? My lease in Covington County was with Midroc.
Dan
Dan Bush said:
Hey Elmer,
If they covered them with grass, that’s probably the end of those wells, most likely dry. But, there is a lot of ground between you and them. That said, you could still see activity in your immediate area.
Just out of curiosity, who did you sign a lease with? My lease in Covington County was with Midroc.
Dan My lease is with Dan Hughes.. I’m at 5N 12E 9S