The landman has told me that lease prices won go up, can I believe him?
Unless the landman puts a “favored nations” clause into the Lease that guarantees that your lease rate and royalty payments will go up if your neighbors go up, than you have no protection. Q: What is the field price referenced in the lease the landman wants me to sign? A: Even the landmen can’t, or won’t, tell you. PA is one of two of the fifteen largest natural gas producing states that do not report wellhead prices to the Department of Energy. This is a carry-over from the old days when the coal monopolies ruled state politics. If you sign a lease that doesn’t define the wellhead price, you have no certainty for what you will be paid. Q: I am confused by all the terms of the lease but I’m being pressured to make a decision. What should I do? A: Join NEPALA and you have made your decision! This way you benefit from the negotiating power of experienced natural gas professionals representing multiple landowners. Q: How is NEPALA different than the other landowner’s groups? A: One, the o
