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Understanding “Held by Production” in Gas Leases: What it Means for Landowners in the Utica Shale Play
What does “held by production” really mean, and how does it impact landowners today?
Gateway Royalty
June 28, 2024
What does “held by production” really mean, and how does it impact landowners today?
For local landowners, the landscape of mineral rights is becoming increasingly complex, requiring a nuanced understanding of legal, environmental, and economic factors
In a recent twist of events, the U.S. natural gas market has seen some significant fluctuations…
An article posted this month outlines an offer made by Encino Energy to develop oil and gas under Salt Fork State Park.
Gateway Royalty applauds the ODNR for eliminating the “market enhancement” clauses from recently issued forced pooling orders.
Gateway Royalty wants to know how and why market enhancement clauses were inserted into the ODNR unitization orders.
The hearing is set for Thursday, June 24, 2021, at 10:00 AM.
Ohio’s sponsors of H.B. No. 152 have put forward a substitute bill that requires the royalties to be paid on the gross proceeds of the sale of the oil and gas.
H.B. No. 152, if enacted, would fundamentally alter an unleased mineral owner’s options in ways that would greatly benefit the Unit Operator to the detriment of the mineral owner.
Here’s how the previous year shifted the oil & gas landscape, and what you can expect to see in the months ahead