Oil And Gas Royalty News, Lease, Mineral Interest

Senate Measure SB369 May Effect Marcellus Shale Gas Royalties Owners

On March 1, 2010 The West Virginia Surface Owners’ Rights Organization expressed serious concerns for a Senate bill that would affect well-drilling laws in the natural gas Marcellus Shale Formation.
According to the Charleston Gazzette, “the Senate Energy, Industry and Mining Committee signed off on the measure (SB369) during a meeting at the back of the [...]

XTO Energy, Inc. Oil and Gas Royalties News

Published in Oil and Gas Royalty News

Exxon Mobil recently announced that they would acquire XTO Energy, Inc. to the tune of approximately $14 billion. XTO is one of America’s largest natural-gas businesses (85% natural gas, 15% liquids), which has boomed with the onset of horizontal drilling and well fracturing to extract energy from older oil fields.

How this acquisition will [...]

The National Association of Royalty Owners (NARO)

Published in Oil and Gas Royalty News

If you are an oil and gas mineral/royalty owner, you should consider joining the National Association of Royalty Owners (NARO).
As stated on the NARO website, “The mission of NARO is to encourage and promote exploration and production of minerals in the United States while preserving, protecting, advancing and representing the interests and rights of [...]

« 1 2 3

News from the blog

Wyoming Based Niobrara Shale Mineral Rights Owners Plan To Auction Off Oil & Gas Royalties
A group of mineral right owners have recently banded together to sell their oil and gas interests in Wyoming. Furthermore, these mineral owners plan to hold a public auction in September to sell them to potential producers/operators.
Many companies are looking at leasing Wyoming land because of speculation that new drilling techniques could cause the [...]
BP Slapped With $5.2 Million Fine For Colorado Royalty Mistakes
As if BP’s troubles were not enough, The U.S. Department of Interior recently fined BP $5.2 million as a civil penalty for submitting “false, inaccurate or misleading” reports regarding natural gas production on Southern Ute tribal land in southwestern Colorado.
The fine also represents the first fine ever given from the Bureau of Ocean Energy Management, [...]
Selling Mineral Rights on eBay?
On an off topic note, apparently people have begun selling their mineral rights through eBay. We have taken a snapshot of the listing, as it will most likely expire very quickly.
If you are interested in selling your mineral rights, you can contact us for a free bid request and save the time and hassle of [...]
Statoil ASA Acquires Another 59,000 Acres In The Marcellus Shale
On march 29, 2010, the Norwegian based Statoil ASA reported that it had acquired an additional 59,000 acres in the Marcellus shale gas area of Pennsylvania. The acreage was bought from U.S. based Chesapeake Energy Corporation and the total deal cost was approximately $253 million at $4,325 per acre.
Statoil had already bought the rights to approximately 600,000 [...]
Earth Search Sciences Set To Drill In Green River Formation
Its been reported that Earth Search Sciences, Inc. is set to drill in an oil shale gasification site located in the Green River Formation, near Rock Springs, Wyoming. The Green River Formation spans Colorado, Utah and Wyoming and is projected to contain more than 1.2 trillion barrels. The mineral rights of this drill site are controlled [...]