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We have lost our Minds over green
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<blockquote data-quote="backhoeboogie" data-source="post: 532056" data-attributes="member: 3162"><p>There are four pages of clauses that go into my lease agreements. Caustic is correct. You can also be assessed for the pipe line and delivery charges as well. That knocks a huge hole in your royalty payments. Get the right clauses/amendments. </p><p></p><p>The problem I have at the house (only 16 acres) is that I only own half the mineral interest there. I cannot come to terms with the company and they won't accept the amendments. Most of the neighbors all signed and most bit on the chum money. They have all gone through that now. The companies will up the chum money (they are offering up to $4K an acre in Tarrant County now) in order to get you to sign. Royalty is forever and now matter how small, it is accumulative. </p><p></p><p>It is okay to be froggy. Just don't jump too quick. I've been studying this for a few years now and realize that I know enough to know I don't know squat.</p></blockquote><p></p>
[QUOTE="backhoeboogie, post: 532056, member: 3162"] There are four pages of clauses that go into my lease agreements. Caustic is correct. You can also be assessed for the pipe line and delivery charges as well. That knocks a huge hole in your royalty payments. Get the right clauses/amendments. The problem I have at the house (only 16 acres) is that I only own half the mineral interest there. I cannot come to terms with the company and they won't accept the amendments. Most of the neighbors all signed and most bit on the chum money. They have all gone through that now. The companies will up the chum money (they are offering up to $4K an acre in Tarrant County now) in order to get you to sign. Royalty is forever and now matter how small, it is accumulative. It is okay to be froggy. Just don't jump too quick. I've been studying this for a few years now and realize that I know enough to know I don't know squat. [/QUOTE]
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We have lost our Minds over green
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