If you have decided to lease your Ohio mineral rights to an oil and gas company, particularly one drilling in the Utica Shale region, you may be concerned about whether or not the company is operating within the terms of your lease. If they in any way violate your lease, whether they refuse to honor the royalty payment agreement or they infringe upon your property and rights in ways prohibited by the lease, what are your options to pursue justice?
While you may have leased the mineral rights on your Ohio property to an oil and gas company for royalties, that still does not mean you want unsightly oil wells - particularly surface wells - visible from your home. Nor do you want to face the potential health and safety issues that come with having an active oil well right in your back yard. So what is the minimum distance at which oil and companies can drill?
Matters concerning land ownership and leasing can be complicated and involve leasing and rights stretching back years, if not decades. You may have a development or non-development lease on your Ohio property, and not even know it - particularly if your property is situated in the highly coveted Utica Shale region. So how can you find out if you have a lease on your land already, and who owns the rights to that lease?
As a land owner in Ohio, you may be well aware of oil and gas companies seeking the rights to drill on or near your land. City zoning ordinances in your particular area may prevent these companies from obtaining the necessary zoning rights, but often city and state laws regarding zoning for drilling are different - and can even conflict each other. Can differences in city and state zoning rights put your property or adjacent property at risk from drilling companies?
Property owners in Ohio should be aware of the terms trespass and nuisance, as they both relate to protected interests in regard to the possession, enjoyment and use of land. A person who commits either of these acts may be liable in court whether harm was caused or not.
When you discovered that there was oil beneath your Ohio property, you may have imagined large royalty checks coming in monthly that would allow you to retire and live in luxury. However, the contracts used by oil and gas extraction companies are often complex. We at the law firm of Baker, Dublikar, Beck, Wiley & Mathews are well-versed in the information that every landowner should know before signing a contract with an energy company.
Thanks to the Utica Shale, many landowners in Ohio are wondering about leasing their property to oil and gas companies. While the thought of oil makes many people see dollar signs, the truth is that often, the terms of the lease reduce profits significantly. The Stark County Farm Bureau explains that many factors go into negotiating a fair lease agreement.
If you are a landowner, you may face all sorts of concerns, from paying your mortgage to issues with neighbors. However, many landowners in Ohio have resources on their property, such as shale deposits that may attract interest from oil and gas companies. Our law firm understands how complicated these issues can be for landowners, some of whom may not even be aware of their rights. If you are in the middle of a dispute with an oil or gas company or believe that your rights have been violated, it is important to go over all details carefully and handle the situation appropriately.
Recently, the Ohio Department of Natural Resources released data on oil and gas production in the state. The numbers point to strengthening natural gas production in the state.