Leasing Your Land To A Natural Gas Company

With the price of natural gas on the rise, many landowners are viewing the extraction of this gas from their property as a way to make significant money. Since most landowners don't have the equipment and expertise required to extract natural gas alone, many opt to lease their land to a natural gas company instead.

Here are three valuable services that a natural gas company can provide when you decide to enter into a lease agreement in order to profit from the natural gas on your property.

1. A natural gas company can help you determine if you are able to sell the gas on your property.

Many landowners are surprised to find that while they may own the surface area of a given piece of land, they may not necessarily own what lies beneath the property. Mineral and gas rights can be sold separately from a piece of property.

Before you can profit from the natural gas below your land, you need to ensure that you have the legal right to sell this gas to a natural gas company. The natural gas company can help you complete a title search to determine if your gas rights are intact before you enter into a lease agreement.

2. A natural gas company can help you determine if you have enough gas to sell on your property.

It is in the best interest of the natural gas companies to partner with landowners whose properties provide a rich cache of natural gas. This means that you can rely on a natural gas company to help you determine if you have enough gas on your property to sell before you enter into a lease agreement.

The natural gas company will use a series of seismic tests that are interpreted by experienced geologists to verify whether or not natural gas exists on your property. Seismic testing does not require drilling into the surface of your land, so no marks will be left behind.

3. A natural gas company will minimize damage to your property.

Once you have verified that natural gas exists on your property and you have the legal right to sell it, you can lease your land to a natural gas company for extraction.

Since the gas company will have completed seismic reports in-hand before they begin the extraction process, fewer wells can be dug in order to extract the natural gas needed for the gas company to profit. This means that your land will remain intact and damage will be kept to a minimum.

When you are able to recognize the benefits that a natural gas company can provide as you consider leasing your land for gas extraction, it's easy to see why you should work with a reputable company to help you through the leasing process in the future. Talk with an oil and gas exploration company today about testing your land.