Posted by nsmall21 on February 08, 2008 at 09:37:14 from (207.7.177.103):
In Reply to: O.T. - Drilling for gas posted by CB in central NY on February 08, 2008 at 07:28:37:
yeah, sounds about right. i just signed last august. i got 4 times what my nieghbors did the year before. now another nieghbor is negotiating at 2.5 times what i got per acre. they have drilled 3 wells about 4-8 miles from me in the last year, and are drilling ten more this year. the land man told me that was as high as they would ever go when i signed. gues i shoulda been smarter, as they told the nieghbors the year before the same thing. the lease i signed also alows them to build a pipeline accros my property, as they will not be trucking any of this out. i figured if they didnt drill on me, there was still a chance they could put a line accross, and i had better take whatever they were offering because they could use eminent domain to dig a line and i wouldnt get anything. im in ne pa. nate
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