And yes, the "we don't care."
When they decide on an area, they usually meet with the town council and schools first, since they have large open spaces. They'll toss some big money in that direction, and then move into neighborhoods one by one.
A shame.
If they were upfront with people and made a decent offer with a decent lease, most folks are like me, they want America to be energy independent. Instead, you have untrained rubes using strong arm tactics to compel people to sign.
The snot-nosed idiot who landed, unbidden, on my doorstep and insisted that if I didn't sign his bird-cage liner Producer 88 lease he would "take my minerals anyway", made a huge mistake. First, you don't shove a piece of paper in front of me, expecting me to sign away rights to my property, without giving me a copy and a chance to have an attorney review it. Second, you don't mess with my family, property, home, or pets without my permission, or I will make you pay dearly.
I helped organize my entire neighborhood and shut them down until they signed our 18-page monster lease and paid everyone a real signing bonus, instead of the pittance they were offering.
When we sold that home, we made sure that the new owners got the minerals along with it. We believed it was the honorable thing that they had the right to control and benefit from anything impacting their property. Kind of surprising that fellow conservatives don't see it the same way.
I saw a sign in Robertson county Tennessee north of Nashville on US 431 that claimed “no to proposed compression station”
I damn sure do
I owned some Austin chalk production rights back in the 80
15,000 apiece....I got back about half my investment then got a notice from a court I think near Llano that I was sold production from a guy in Amarillo who didn’t have the right to sell them
Tom Jones...like singer
He went to jail for about a 20 million dollar scheme
I was out on the deal by a Shamrock landman whose wife I’d grown up with
He got hosed too
My dad had similar experiences with a geologist in Dallas he’d gone to VMI with
Oil business?
Own the production outright
On leases...buy them from the deeded landowner who has them....yourself
Even pros get screwed
I would assume the modern database stuff online makes fraud harder no?
In the late 70s early 80s I knew folks made a fortune living in courthouses
High hourly wages and all expenses and benefits or paid by the lease or equity share
Folks lived on the road from Montana to Louisiana and even south Alabama and panhandle Florida scouring courthouses and making cold calls to farmers or timber people
On pipelines we farmed out leases....some smart pipeline owners bout leases while buying right aways
Talking about it I miss it a bit but I wouldn’t want to be away from home that much