Oil and Gas Lease Amendment, Modification and Ratifications – BEWARE!In this week’s episode of All Things Marcellus Attorney Doug Clark dives deep to address Oil and Gas Lease Amendments, Modifications and Ratifications. In times of a low natural gas prices and reduced drilling, Lease Amendments, Modifications and Ratifications may become common. Gas companies may attempt to revive or restore a expired lease by presenting... Read more » Read More
Gas Lease Terminations and Lease ExtensionsQuestion: When Does My Oil and Gas Lease Terminate and Should I Enter Into an Agreement or Top Lease to Extend my Expiring or Terminated Gas Lease?What Must a Drilling Company do to “hold” My Gas Lease Beyond 5 Years?The Impact of Low Natural Gas Prices on Drilling and Expiring LeasesBeware of Companies Crying Poor and Offering Little Financial Incentive to enter into a Gas Lease Extension or Top LeaseShould I Extend My Existing Lease or Enter into a Top Lease at this Time?Lease Extensions and Top Leases as a Second Bite of the Leasing AppleLease Extension and Modification Reviews and Consultations Read More
Should Landowners Enter Into Oil and Gas Leases Given Today’s Low Natural Gas Prices?Pennsylvania landowners must carefully consider how the current low natural gas price market may negatively impact Oil and Gas Lease offers by energy companies. As I often say on All Things Marcellus, gas companies are very smart and their landman understand how to present gas lease and other offers to landowners in order to secure signatures. One very common company landman technique at the present time is to use low natural gas prices as a tool to convince landowners to sign bad gas leases and other agreements. Read More
Understanding Your Existing Gas LeaseMany Marcellus Shale landowners have contacted my office by telephone and through our websites requesting assistance in understanding their currently active oil and gas lease. Due to the large number of requests, I have started performing detailed oil and gas lease reviews for landowners across Pennsylvania who have already entered into an oil and gas leases, but need assistance in understand the terms of their gas lease and what to expect moving forward. Read More
Attention Landowners: Retain an Experienced Oil and Gas Lawyer – Do Not Make the Same Mistakes Twice!From my experience, I can comfortably estimate that there are thousands of Pennsylvania landowners who are disappointed and frustrated with the financial terms and property protections contained in their existing Oil and Gas Lease. Virtually every landowner who signed an Oil and Gas Lease early on in the Marcellus Shale gas leasing frenzy is disappointed with the per acre bonus compensation, royalty percentage, royalty deductions, and the lack of property protection terms contained in their Oil and Gas Lease. Most of these landowners entered into an Oil and Gas Lease without adequate legal representation and they unfortunately did not fully understand the terms of their lease and how their gas lease would impact their property for many years and even future generations. Read More
Gas Lease Extension Offer – What Should I Do?Many Oil and Gas Leases throughout the Marcellus and Utica Shale regions of Pennsylvania are on the verge of expiring due to the Lessee’s (gas company) inability to “hold” the property under the terms of the existing gas lease. In other words, if the gas company does not conduct drilling operations by the end of the term of the existing Oil and Gas Lease, the lease will terminate for lack of activity. Natural gas companies that own expiring leases often approach Landowners requesting that the Landowner sign an “Oil and Gas Lease Extension” in order to extend the end date of the existing lease and provide the gas company additional time to conduct drilling operations. Gas Lease extensions typically range from six (6) months to two (2) years, but the extension time-frames can vary. Read More
Understanding Your LeverageI have negotiated hundreds of Pipeline Right‐of‐Way Agreements with approximately 50 different companies across Pennsylvania. I have also negotiated Water Impoundment Pond and Compressor Station Agreements on behalf of Landowner clients in the Marcellus Shale regions of Pennsylvania. There are many issues and concerns that a Landowner must consider when considering a Pipeline Right‐of‐Way Agreement or a Surface Use Agreement permitting a Water Impoundment Pond or Compressor Station on their property. Read More
Your Oil and Gas Lease is the Rulebook for the Gas Company’s Operations on your PropertyThe Oil and Gas Lease serves as the foundation, blue print, and operating rules of the Landowner’s
relationship with the gas company. It is the gas lease and negotiated Addendum that defines how the gas company and its contractors operate on or under your property and also sets the terms of royalty payment calculations. The gas company looks to the Oil and Gas Lease as the “rulebook” defining what they can or cannot do on or under your property. Read More
WVIA-TV’s Northeast Pennsylvania Business Journal with guest Attorney Douglas A. Clark!
As seen on: Wed. Oct 10, and Sun. Oct 14, 2012 at 4:00 PM on WVIA-TV. Now available: Watch the episode video on demand instantly…
TCLF’s Invaluable Knowledge in Gas and Pipeline Issues
Hi Doug, Marceea, & Vanessa, Thank you for the professional and personal attention you exhibited in handling the negotiation of the new gas lease on our property. We couldn't be more pleased, not just with the $$$ (though that is a BIG happy), but also in dealing with each of you.We called early last year for a consultation when we received notification of potential sub-leasing of our gas lease. You provided us with a fair evaluation of our existing lease and possible expectations. When, a few months later, we found ourselves in the enviable position of an expired lease and two gas companies showing interest there was no hesitation to employ your firm for the negotiations. During the process, everything was handled in a timely manner (despite this all happening over the two biggest holidays of the year). All calls and emails were answered promptly and we knew at all times the status of the negotiations. Due to your expertise, we are sure we got the best deal both monetarily and lease-wise. Your firm's knowledge of the gas and pipeline situation is invaluable. We absolutely recommend The Clark Law Firm to anyone expressing a need in gas or pipeline lease assistance.