At the farmer in Ohio, whether are you producing meat, eggs, honey, commodity crops or plant-based foods, your financial security directly relates to the land that you operate your farm on and own. Farming can be an unpredictable profession, as a bli…
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Mineral rights — the ownership of those oil and gas deposits (among other things) under the land — do not necessarily transfer ownership at the same time the rights to the surface property get transferred. When that happens, it’s said that the…
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Has an oil or gas company come knocking at your door? There are all kinds of valuable mineral sources under the ground, and oil and gas companies are always looking for sources on private lands — particularly in shale-rich Ohio where lots of rich m…
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When you agreed to let the oil or gas company lease your land a few years ago, the demand for oil and other natural minerals was going strong. Now, there’s been a huge drop in demand and production is falling accordingly. Will the well on your prop…
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“Shut-in” clauses are a source of confusion for many property owners who agree to an oil and gas leak. On its surface, a shut-in clause probably doesn’t sound like a bad idea. It requires the oil and gas company to pay you a small royalty each…
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If your first reaction after being contacted by an oil and gas company about developing the mineral rights on that old bit of family land is to celebrate, you can be forgiven. After all, who hasn’t dreamed of finding a fortune on their property, Je…
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Ohio is rich in shale, and shale oil can be refined just like petroleum. In addition, the layers of shale sometimes capture large pockets of natural gas that can be harvested and used. It’s no wonder that oil and gas companies often seek contacts w…
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Ohio has played a big role in the oil and gas industry for decades. Over the past few years, coal and nuclear plants have been shutting down, but the Buckeye State has been growing its natural gas and shale contributions to replace them. According to…
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In the summer of 2019, Ohio passed a bill to save its nuclear power plants. According to Forbes, these plants account for 90% of the Buckeye State’s clean energy. Critics of the bill, however, point to the fact that this also preserved coal plants…
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Having an oil and gas company exploit your mineral interests on your property can be an exciting prospect since you can reap some of the proceeds. However, if you have no experience with oil and gas development in Ohio, you should consider taking som…
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