Chesepeake/Anadarko

257 Views | 1 Replies | Last: 20 yr ago by Macksimus
RachAg2007
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AG
I posted this on the GB but maybe this forum will be more helpful.

Just wondering if anyone here had signed a lease with either of these companies or knew anything about them. Oil interest in my hometown's county has peaked and both of these companies are leasing up land.
Macksimus
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We just signed a lease out at our place about 3 months ago. I'll have to ask my dad who it was with, but I do know they are paying a premium right now.

I want to say we got ~$25k for the drilling pad. They also agreed to do some other work for us (like add a pond and expand another) for free.

I'll talk to my parents at some point this weekend to see who and how much.

I know where you're from, and we're just north of ya'll. And our well is for natural gas, not crude oil.
Macksimus
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Our family is also the royalties holder for all the land.

The people said that if this well hits big, then they will drill 4 more on our family's property.

In a seperate transaction, they got some more land from my dad to run the pipeline to another main pipeline.
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