OIL & GAS LEASES:

There is no such thing as a “Standard” Oil & gas Lease. Particular attention must be paid to leases currently being offered in Ohio. Key current issues include; delay rental rates, landowner groups, spud fees, ORR, drilling units, unitization, drill pad size, access roads and setbacks, just to name a few. I provide lease assessment, assist with negotiation and acquisition of drilling leases and non-drilling leases, as well as right-of-way agreements within your economic guidelines or based upon specific economic analysis. I provide my clients with a review and critique of lease design and structure, including specific attention to terms, delay rental, unitization, landowner royalties, shut-ins, free gas, surface equipment, pooling, assignments, water use, indemnification, storage and default among others.