PLS Oil & Gas Leasing
PLS Oil & Gas Leasing
FAQ's:
Q: How long does the drilling process take?
A: Usually between, two and eight weeks.
Q: My neighbors have leased to the same company. Is it beneficial to lease
to the same company?
A: It depends if the company you are considering leasing to is a reputable
company you are comfortable with, and one who actively drills wells.
Q: Does the oil & gas company have control of my property?
A: In Signing an oil and gas lease you are giving the oil and gas company
the right to explore for oil and gas on your property.
Q: How can I find out when drilling on my property might occur? Will I have
input as to where the well goes?
A: A landman will stay in touch and notify you when the well is scheduled
to be drilled. Energy companies work with their land owners to find mutually
agreeable well sites.
Q: What kind of payment will I receive?
A: You will receive a bonus for signing the lease, and any damages that may
occur during the drilling process will be compensated for.
Q: How can I be assured that my family and property will be safe?
A: Gas wells have one of the strongest safety records in the industry.
Q: How long after drilling could i expect to receive payment?
A: Your first royalty check should arrive within 90 days after the first sale of gas.
Q: Will my monthly payments be equal, and how long can I expect payments?
A: No, the checks will not be equal, and the length of time they continue is
based on reservoir quality and production life.
Q: How long does the drilling process take?
A: Usually between, two and eight weeks.
Q: My neighbors have leased to the same company. Is it beneficial to lease
to the same company?
A: It depends if the company you are considering leasing to is a reputable
company you are comfortable with, and one who actively drills wells.
Q: Does the oil & gas company have control of my property?
A: In Signing an oil and gas lease you are giving the oil and gas company
the right to explore for oil and gas on your property.
Q: How can I find out when drilling on my property might occur? Will I have
input as to where the well goes?
A: A landman will stay in touch and notify you when the well is scheduled
to be drilled. Energy companies work with their land owners to find mutually
agreeable well sites.
Q: What kind of payment will I receive?
A: You will receive a bonus for signing the lease, and any damages that may
occur during the drilling process will be compensated for.
Q: How can I be assured that my family and property will be safe?
A: Gas wells have one of the strongest safety records in the industry.
Q: How long after drilling could i expect to receive payment?
A: Your first royalty check should arrive within 90 days after the first sale of gas.
Q: Will my monthly payments be equal, and how long can I expect payments?
A: No, the checks will not be equal, and the length of time they continue is
based on reservoir quality and production life.
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