Thanks For the insight
I googled, I read and learned and judging from what I read in my research, I am no longer willing to sign, $1000 now wil have huge financial consequences if I should ever decide to sale. I also found out that the assumption that they will drill anyway is inaccurate, and unlike 3 years ago, now they are required to be 1000 ft away from ones property that does not sign rather that 300 ft. The ugly trucks and impact on our environment from the massive loss of tres was bad enough, the hit on property values is huge. The information is easy to find, just look.
I think everyone got over zealous, because when a person hears, oil, gas and mineral rights they see $$$ signs, well with the size of our properties it's likely to be $ instead of $$ or $$$, but the impact on our property $$$'s is huge. I also found out some will get nothing because it's based on per foot of natural gas one has under his or her home (you may have none). I also took a closer look at Trinity and you are correct, the fences belong to the property owners, just as yours and mine, I get fined if my fence is in ill repair, so the homeowners need to replace their fence's and then an entry beautification project will be much cheaper. It would be nice if some huge local mandate would replace all our fences and while we're at it pay to maintain all our lawns.
I googled, I read and learned and judging from what I read in my research, I am no longer willing to sign, $1000 now wil have huge financial consequences if I should ever decide to sale. I also found out that the assumption that they will drill anyway is inaccurate, and unlike 3 years ago, now they are required to be 1000 ft away from ones property that does not sign rather that 300 ft. The ugly trucks and impact on our environment from the massive loss of tres was bad enough, the hit on property values is huge. The information is easy to find, just look.
I think everyone got over zealous, because when a person hears, oil, gas and mineral rights they see $$$ signs, well with the size of our properties it's likely to be $ instead of $$ or $$$, but the impact on our property $$$'s is huge. I also found out some will get nothing because it's based on per foot of natural gas one has under his or her home (you may have none). I also took a closer look at Trinity and you are correct, the fences belong to the property owners, just as yours and mine, I get fined if my fence is in ill repair, so the homeowners need to replace their fence's and then an entry beautification project will be much cheaper. It would be nice if some huge local mandate would replace all our fences and while we're at it pay to maintain all our lawns.