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Forced to lease

Landowners who don’t want to sign over mineral rights might not have a choice

September 8, 2013

MECCA When Karl Zerovich decided last year to sign a lease giving BP America the right to drill for oil and natural gas below his 100 acres, he had some reservations....

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(23)

Igot2cents

Sep-09-13 1:32 PM

ODNR works for whom? THe people of the state protecting the natural resources; or to the corporate overlords? Have you figured it out yet? They aren't working for the taxpayers...

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ohcwby

Sep-08-13 10:49 PM

Others were taken an became the watershed and the Vienna hunt and game club

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ohcwby

Sep-08-13 10:45 PM

Just imagine when the Government took all the farms in Vienna on 193 during WWII. When I was growing up that's all I heard from the old folk was how the government took their family farms, some ended up with nothing but money others both money and a few acres of land an money. But they still complained til the day they died. LOL

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nortman

Sep-08-13 8:40 PM

Would someone like to tell me what was so offensive about my comment that I don't like this, but I'm also not a fan of taking land away from owners and giving it to WalMart that it was reported and removed? After all, the USSC ruled in Kelo vs New London that municipalities could do just that.

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AFRET1

Sep-08-13 8:38 PM

CCaddy...with you on this one. I got $3,900 an acre with the royalty you mentioned (dependent on their profit). And the guy you mentioned is Roy, who came up from LA (and who recently left to go back and get married on the beach). If he is representative of BP, I have nothing negative to say about them. They are a business whose charter is to make a profit. I don't care about BP's political side because it doesn't affect me.

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CCaddy

Sep-08-13 8:13 PM

you dont understand sarcasm horatio.

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horatio

Sep-08-13 6:47 PM

@CCaddy,please stand up,brush off the dirt on your knees,and wipe your mouth with some tissue....."BP sure is generous though" Yes,BP is wonderful,I think BP probably stands for Beautiful People! or Best People,maybe even Bringing Prosperity!! You must work for those B^$t^rd Profiteers!!

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NomoreCrap

Sep-08-13 4:52 PM

Its wrong to force property owners into any deal for any reason. It's ridiculous that every discussion has to include partisan political bullcrap. It only takes away from the sincerity of your words...

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CCaddy

Sep-08-13 2:41 PM

I dont think you understand Ramkisoon that there is no law that forces people into leases that favor oil companies.

In fact, if they would have agreed right off the bat, they could have signed a lease that favored themselves. At least, on paper.

Its not a matter of law, it's a matter of economics. If they want it, they get it. They have infinitely more money than you, and they can buy whatever senator, or vice president perhaps (google the Halliburton loophole) it takes to get what they want. There is no fighting them, and law has little to do with it. It's all modern economics.

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Ramkisoon

Sep-08-13 2:20 PM

Ccaddy:

Or you can work to change the law, so property owners don't get forced into terms that favor the oil companies.

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SURV69

Sep-08-13 1:36 PM

While I understand the concept of this option and it's "need" ...

I though I ALWAYS understood that a person ACTUALLY owns the minerals under his/her feet, if they own the mineral rights.

Maybe I was always wrong in my thinking about "rights" and actual "ownership".

Could this be something like eminent domain which can occur for the benefit of the many over the trodden rights of the few?

... and if this is like stealing, shouldn't the property owner be getting a whole lot more than a measley 15% for this stolen property rights ... plus the "standard" bonus?

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CCaddy

Sep-08-13 12:19 PM

Btw, if they signed up in the first place through ALOV, they would have recieved a 17.5% royalty, and $3500 per acre.

Bp sure is generous though.

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CCaddy

Sep-08-13 12:09 PM

This is exactly why i just signed my property up, and profited from it.

You can either profit from it and have gas wells in your back yard, or you can not profit from it, and have gas wells in your back yard.

Surprised BP's local PR guy hasnt commented on this. Nice guy. He moved her from the south to handle stuff just like this. Good to see he's doing his job. No need to hire a local to do that, of course. I imagine a lot of people around here could do nothing and collect a pay check.

But hey. Jobs. Jobs. Jobs.

Jobs.

right?

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DefeatSBB5

Sep-08-13 11:02 AM

"Their surface would not be used. In a literal sense, the drilling company could not set foot on the property. . . "

So the question is, when you "own" property/land/acreage, how far below the surface does your "ownership" extend?

Does your "ownership" extend to the airspace above the surface area of your land? If so, how high?

I ask only because these people are outraged over being forced to do something with their land that they are not being forced to do, namely, to allow others to use it.

Interesting case.

I'm sure the right-wingnut libertarians are having a (for want of a better term) collective cow right now.

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Ramkisoon

Sep-08-13 10:47 AM

Obama'd in 6. That's gotta be a record.

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countyresident

Sep-08-13 10:10 AM

Two thousand dollars per acre is less than half of what Mahoning County property owners received.

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Mrsaccounting

Sep-08-13 8:35 AM

When someone says no that means no. Why "own" property when someone can over rule you. I just find this adsurd!

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jabberwockied

Sep-08-13 8:30 AM

If you all are so worried about being forced to do something you don't want to do by some large company, then why do you allow ObamaScare to do the same thing? At least BP is paying handsomely for the right. ObamaScare is stealing from you.

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Paradise

Sep-08-13 8:22 AM

You can't say you weren't warned about BP!!! Haven't any of you followed what they did in Florida??? You opened your gates to let a monster in, & now you'll never get it out. It's all about GREED, & no common sense!!

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OLDMANDOWNTOWN2

Sep-08-13 7:48 AM

The current law forcing people into doing something they don't want to do, pertaining to their land needs changed. It should be the property owners right to lease, their mineral rights or not. Unless it is a matter of national security, then and only then someone could be forced into a lease. All these company's came here and bought up mineral rights with no intentions of drilling. They now are selling those mineral rights to company's like BP and making a good buck. They only paid a fraction of what they are getting for those leases. They are making a fortune off those leases. If someone leases their mineral rights and the company doesn't drill then those mineral rights should revert back to the property owner. What they did is the same as hedge funding that drives up the price of things like oil, gas, coffee beans, and etc. Which to me is wrong and should be outlawed. But our gutless politicians would never outlaw, it might cost them come election time.

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WarrenProud

Sep-08-13 7:47 AM

Big Oil & Gas through their legal weight around so they can destroy our environment to make the almighty dollar that they worship.

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OldVet

Sep-08-13 6:37 AM

I think you have that last part backwards cwby..

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ohcwby

Sep-08-13 2:39 AM

Well I guess them BP commercials where they are all sweet and helpful must not be true. bahahahaha. Another example of big corporations strong arming the little guy!....These corporations are owned by politicians!!

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