Owning Land with Oil and Gas or Holding Oil and Gas Rights presents unique and challenging opportunities

Producers are leasing land across Pennsylvania, Ohio and West Virginia. Oil and gas companies and pipeline companies are seeking easements. A landman or oil and gas company may contact you about your oil and gas rights. You need to understand the documents that you are being asked to sign.

Leases, right of way agreements, surface use
and sales agreements will affect your rights.

Examples of what you may need to understand before singing are:

• How your surface and oil and gas rights will be affected.
• What the producer can and cannot do on your land and where.
• When will you receive your bonus.
• How your royalties will be calculated
• What the length of the primary term of the lease is.
• How the producer may extend that term.
• What the pooling and unitization provisions of the lease.
• How do the pooling arrangements work.
• Will you get paid for damage to your land.
• How and when will your land be reclaimed.
• Will you get paid for each well on your land.
• •Whether you can negotiate a separate right of way agreement and surface use agreement in addition to the oil and gas lease
• Whether you should warrant title.
• Whether you should ask for an audit clause.
• What you are buying or selling.
• What the effects of the sales agreement are.