Tractor Talk Discussion Board |
Re: OT - Gas Oil leases (long post)
[ Expand ] [ View Replies ] [ Add a Reply ] [ Return to Forum ]
Posted by Hurryin_Hoosier on March 21, 2006 at 19:19:05 from (4.224.78.232):
In Reply to: Re: OT - Gas Oil leases (long post) posted by kyhayman on March 21, 2006 at 18:55:43:
This lease is $10 for the first 5 yrs, then $10/acre for the next 5 yrs. Payout on producing wells is 1/8 of the net amt or market value at the wellhead to the unit of property. You then get a percentage of that based on your percentage of the acreage in the unit. Damages of $500 on the property where a wellhead, access road and pipeline are located. $2 per rod for for pipeline. Property to returned "as close as practicable" to orginal state. Wellheads must be at least 200' feet from any home or barn. That and a whole lot of other legalese.
Replies:
Home
| Forums
Today's Featured Article -
The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
... [Read Article]
Latest Ad:
Oliver 550 Diesel runs like a watch three point hitch pto engine gone threw about two hundred hours ago nice clean tractor
[More Ads]
Copyright © 1997-2024 Yesterday's Tractor Co. All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V. Yesterday's Tractors - Antique Tractor HeadquartersWebsite Accessibility Policy |
|