Hey got a question for ya'll....
A buddy of mine near here was approached by an oil company and they want to put in a Natural Gas Compressor Pump Station on his ranch. I guess the nearest one is at Sealy or someplace over by Houston. Anyway, wondering if anyone on here has information that would be helpfull to him in talking to this oil company....like questions to ask...what kind of deal to work out ect...
He is interested in working with them but wants to get the best deal he can without being screwed by the oil company. They approached him wanting to buy the land which would be about 5 acres to put the thing on and he told them definantly not going to sell them 5 acres in the middle of his section, but will do a lease of some sort. They want his property for it because he is near a highway and has electricity in the area.
Please if anyone can help or throw in their two cents it would be appreciated. Just like what to ask for as far as lease deal...money wise..etc...
Thanks!
Jersey - have you heard of that one near Sealy...not sure where that is from you........
A buddy of mine near here was approached by an oil company and they want to put in a Natural Gas Compressor Pump Station on his ranch. I guess the nearest one is at Sealy or someplace over by Houston. Anyway, wondering if anyone on here has information that would be helpfull to him in talking to this oil company....like questions to ask...what kind of deal to work out ect...
He is interested in working with them but wants to get the best deal he can without being screwed by the oil company. They approached him wanting to buy the land which would be about 5 acres to put the thing on and he told them definantly not going to sell them 5 acres in the middle of his section, but will do a lease of some sort. They want his property for it because he is near a highway and has electricity in the area.
Please if anyone can help or throw in their two cents it would be appreciated. Just like what to ask for as far as lease deal...money wise..etc...
Thanks!
Jersey - have you heard of that one near Sealy...not sure where that is from you........