Frequently Asked Questions About
Haynesville Shale Gas Field Mineral Rights and Leasing
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Learn more about Haynesville Shale natural gas mineral rights, leases, royalties and bonuses in our frequently asked questions for land owners. You’ll be more informed about your mineral rights and how to be sure you’re getting compensated fairly in this rich natural gas discovery. Q: What is the Haynesville Shale in Louisiana? QUESTION: What is the Haynesville Shale in Louisiana? ANSWER: Haynesville Shale is a geologic formation of sedimentary rocks containing natural gas. Many people believe that Haynesville Shale is the largest on-shore natural gas field in North America. This large gas field discovery has lead to a “Gold Rush” of prospecting and land leasing activity by oil and gas companies who wish to capitalize on this popular and valuable form of energy. Lease brokers and landmen are “cashing in” by leasing the “mineral rights” from local land owners in exchange for the right to drill on their property to extract the natural gas. Many land owners do not understand the value of their mineral rights and lease their land for a much lower price than they could get. Land owners need a lawyer to get them out of bad leases and get them into better leases. Contact us today and we will help you by answering your questions about your mineral rights or your lease negotiation. QUESTION: What are mineral rights? ANSWER: Mineral rights are the rights to sub-surface minerals such as oil, gas, coal and metal ores under the land. Surface rights are the rights for the surface of the land for agriculture, residential housing, commercial, and other purposes. In Louisiana and many other states such as Texas, mineral rights can be leased and sold separately from the land’s surface rights. Contact us today and we will help you by answering your questions about your mineral rights or your lease negotiation. QUESTION: How do I know if I own mineral rights on my property? ANSWER: If you own the land, it doesn’t mean you automatically own the mineral rights to the land. Most land in Louisiana own the mineral rights to their property, but the best way to be sure you own the mineral rights, is to conduct a deed search and title search. Contact us today and we will help you by answering your questions about your mineral rights or your lease negotiation. QUESTION: What is a mineral lease? ANSWER: A mineral lease is a contract between 2 parties — usually a land owner of a mineral estate and an oil and gas exploration and production company. The mineral lease gives the oil and gas company the right to explore and extract the minerals underneath the property. The landowner gets paid a fee for the mineral lease and may receive a portion of the profits received from the natural gas that is extracted. In the Haynesville Shale gas field, individual lease brokers and landmen are acquiring mineral leases from landowners and selling them to oil and gas companies. They are speculating that they can make big profits by buying leases at lower prices from landowners and then selling them at higher prices to oil and gas companies. Sometimes landowners who do not understand the value of their mineral rights sell their mineral leases at too low a price... which is what we call a “bad lease.” Land owners can retain a lawyer to get them out of bad leases and get them into better leases to get what their mineral lease is really worth. Contact us today and we will help you by answering your questions about your mineral rights or your lease negotiation. QUESTION: How can I get the best price for my mineral rights lease? ANSWER: To get the best price for your mineral rights lease you need to negotiate the following terms:
Plus, you’ll need help with drafting up the conditions and special clauses (“small print”) that will help protect you as the land owner in your Haynesville Shale mineral rights lease. Contact us today and we will help you by answering your questions about your mineral rights or your lease negotiation. QUESTION: How do I get out of a “bad lease” and into a “good lease?” ANSWER: Contact us today to review your lease and determine what appropriate legal action may be taken to cancel your “bad lease” and put you into a fair and adequate “good lease.” QUESTION: Why do I need a lawyer to help me with my Haynesville Shale mineral lease? ANSWER: An attorney who focuses on oil and gas mineral rights leases and negotiation can help you get the best price for your Haynesville Shale mineral lease. An attorney who focuses on contract writing can help you avoid getting caught in a contract that costs you a fortune in missed opportunities, and protects your surfaces from damages and insulates you from environmental claims. Contact us today and we will help you by answering your questions about your mineral rights or your lease negotiation. |
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Call Us Toll Free for Haynesville Shale Law Office of Joseph A. Gregorio Attorney at Law Toll-Free: (800) 209-9111 |