Posted by TK-NE-PA-51 H on August 08, 2008 at 09:35:34 from (205.238.242.82):
I"m sure that there are some on this sight that have had some experience with the oil and gas leases. I live in Bradford Co. PA, there is a lot of activity in this area lately, seems they think this is a hot spot for natural gas drilling, there have been some very good wells drilled so far. I have not signed yet but neighbors around me have, I have 32 acres and the going price for a lease is around $2,800 pr acre and 17% royalties. If I dont go for a lease and they drill on land next to me I wont get paid for the gas under my land. I don"t think that my rugged mountain land is very accesable to a drilling operation, so I am not worried about them drilling on my land, but the farm next to me looks like a possible drilling sight. Anyone have any info or advise on this topic. Thanks in advance. Tom
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Today's Featured Article - Memories of a Farmall C - by Monty Bradley. When I was a child, my grandparents lived on a farm owned by a Mr. Walters. The crops raised were cotton and soybeans, with about forty head of mixed breed cattle. Mr. Walters owned two tractors then. A Farmall 300 on gasoline and a Farmall C, that had once belonged to his father-in-law, and had been converted from gasoline to LP Gas. Many times, as a small boy, I would cross the fence behind the house my grandparents lived in and walk down the turn row to where granddaddy would be cultivati
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