We have an interested party in gas lease, best way to protect out investment, and also be good stewards to our land, what do we ask lesee to do for protection. Do we dictated road locations, times of access, what amount of density of wells, ie: what limitations do we ask for in their usage. What is the standard royalties payment, or is it what the property owns mandate, within reason. How are you assured of getting far market value for your gas releases? Who pays for the compression of the gas on site, and how is volume measured so we are fairly paid? Any additional information would be greatly appreciated, so we can make an educated decision. Land would be located in Freeston County, Texas.
2007-02-13 02:27:56 · 1 answers · asked by Nell'shaus 1 in Business & Finance ➔ Other - Business & Finance
It'll be up to you to Negiciate with the company. You shold have every right to limit the number of wells (you could limit the Number of Active wells) if there's a large deposit.
During and after construction they will have to abibe by all State laws reguarding environmental protection. (I've done some Inspections here in NYS of some well/ gas line construction sites)
2007-02-13 02:34:07 · answer #1 · answered by mdlbldrmatt135 4 · 0⤊ 0⤋