Frequently Asked Questions

Have a few questions?  Most people do.  So, here’s a quick collection of some of the common questions we get… with our answers next to them. If you still have a question don’t hesitate to shoot us an email through our contact page (or give us a call).

Q: Is there oil and natural gas under my property?
A: Depending on where you live, there is a considerable variation in the likelihood of encountering hydrocarbon deposits in the subsurface. By far the area of greatest oil and gas drilling activity is the eastern third of Ohio also encompassing two thirds of Pennsylvania, all of West Virginia,

Q: What is driving the interest in gas drilling in the area?
A:  Three factors are driving the interest: 1. The presence in the region of the Marcellus Shale formation and the natural gas reserves many believe it contains; 2. New technologies that make it possible to capture the gas; 3. The close proximity the formation has to the nation’s largest natural gas market, which is the metropolitan corridor running from Boston to Washington, D.C. 

Q:  What are the different types of leases?
A:  Leases can be either development or non-development. The difference is that a development lease will allow encroachment on the surface of the land for drilling and operating the well. A non-development lease is for use of the subsurface minerals only and no surface trespass is involved. Both types share equally in the landowner royalty of a unit, but non-development lessors typically do not receive as high of a royalty and a lower signing bonus.

Q:  How long does it take to drill a well?
A:  Most horizontal wells can be drilled in about 3 to 4 months. After drilling, it may take several weeks to schedule work crews to complete the well for production. If there is no infrastructure for gas transport, wells could be shut-in for several months to years before it will actually go into production.

Q:  How disruptive is the drilling?
A:  During the time that the well is being drilled, the rig must run 24 hours a day, seven days a week. There will be noise from the machinery, light from the rig tower at night and dust or mud from the site. Once the drilling is done, there will be some daylight-only operations during the completion stages. After the well is in production and the site has been restored, the area is essentially back to normal with a fenced in well pad site.

Q:  Is there any obligation when I submit my info?
A:  No obligation at all. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit more, and make you an all-cash offer thats fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your mineral rights to us… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let decide what’s right for you.

Want To See What We Can Buy Your Mineral Rights For?

Fill Out The Quick Form Below To Get A No-Hassle
No-Obligation All-Cash Offer