Offer from gas company on lease of our land and mineral rights?

Recently, we were contacted by a gas company who wants to lease our land and drill for gas. We own the land and the mineral rights. We are just curious as to what kind of revenue we might be able to expect if this well produces, as we really have no idea, and want to be prepared when we negotiate. Please help.

One Response to “Offer from gas company on lease of our land and mineral rights?”

  1. Denise W Says:

    First contact your county "land management" office and locate the other properties. NEVER sell those mineral rights and you can keep them even if you sell that land- no joke.
    Here in Texas. we have mineral rights and they pay us for the use of the property/ lease and a share of the profit of the oil that is drilled. That is hard to prove….you must talk to a professional on this matter. Its worth it.

    Best wishes….
    So Do ya feel like the "beverly hillbillies" ? yet????