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Leasing Information

Why you should lease with Chesapeake

Well-established companies with proven track records and high drilling success rates will generally produce a better well, which could mean more royalty income for you. Chesapeake is an operator with a proven track record that hires top-notch people and provides the best equipment available, along with the financial strength to maintain a well for decades to come. We conduct our operations with the utmost respect for the surroundings and customize each area to minimize sound, lighting and overall production traffic.

What you need to know about leasing

There are many factors to consider before and during the leasing process. As a potential lessee, you should consider who will ultimately be producing your minerals, regardless of which company offers you the lease. The operating company is the one that will actually drill and produce your minerals and may or may not necessarily be the same one that offers you the lease.

How lease agreements work

The basic lease agreement involves an initial bonus payment for signing the lease, royalty percentages to be paid if natural gas minerals are found and extracted from the property and a time frame within which the operator must begin operations. If natural gas production does occur, the lease is in effect for the life of the well, which could be 20 years or more.

How to get started

Getting started is easy. If you own property or mineral rights, please call us at 877-CHK-1GAS (877-245-1427) to speak to one of our service representatives. Operator hours are Monday through Thursday from 7:00 a.m. to 6:00 p.m. and Friday from 7:00 a.m. to 12:00 p.m., Central Standard Time.

Questions or concerns

If you have questions or concerns regarding your current lease or are interested in more information about your mineral rights, please call us at 877-CHK-1GAS (877-245-1427) to speak to one of our service representatives. Operator hours are Monday through Thursday from 7:00 a.m. to 6:00 p.m. and Friday from 7:00 a.m. to 12:00 p.m., Central Standard Time.

 

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877-CHK-1GAS
(877-245-1427)
Owner Inquiries
7 a.m. – 6 p.m., Mon. – Thu. CST
7 a.m. – 12 p.m., Fri. CST
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