The University of Texas at Austin PETEX® has selected LandGate Corp to conduct classes for professionals beginning in 2021, teaching Energy Resource Fundamentals. PETEX®, a unit of the Cockrell School of Engineering at the University of Texas, is the worldwide leader in professional energy training. PETEX® is responsible for training over 700,000 oil and gas …
Here at LandGate, we welcome every call and online inquiry. 90% of the oil and gas-related calls we receive are from mineral rights owners that want to know what their minerals are worth or want us to market their minerals for lease or sale. Last week, a caller wanted to know if we could tell …
Property Owners can sign million-dollar deals marketing their solar resources. Landowners can now potentially earn millions of dollars from lease options, rental payments and cash bonuses paid by solar developers. In some examples, a property owner with 40-acres can generate a total of $1.2 million dollars over the life of a utility scale solar project, …
By Mary Holcomb, HartEnergy.com Historically, there has been a disconnect between energy companies and landowners regarding the valuation of land resources. On one hand, landowners do not know what their mineral, solar, wind, and other property rights are worth. They do not have access to the resources required to value their asset, so they are …
At LandGate, our clients often ask if they should demand a higher oil and gas mineral lease bonus payment or a higher oil and gas royalty when negotiating an oil and gas lease. That’s a great question. Not all mineral rights owners are in the same financial situation. So, although this is a lease bonus …
On July 26, 2020, Rosehill Resources Inc. (“Rosehill”) filed for Chapter 11 bankruptcy as the company pursued a restructuring plan with its creditors. Rosehill quickly announced on September 8, 2020, that the company emerged from Chapter 11 bankruptcy with a plan to give its creditors control of the company. According to the announcement, “all of …
Here at LandGate, we get many calls from property owners concerned that their neighbors are being paid for their mineral ownership, but they aren’t. The caller might say something like their family has owned this property for over 20 years and they want to know how to find out if they own the minerals. There …
Resources, Services, Land Intelligence All in One Place Greenville, SC and Denver, CO – National Land Realty (NLR) and LandGate (LG) have announced a strategic partnership to expand services, data intelligence, and marketing capabilities within the land industry. “LandGate has developed incredible tools and valuation models for mineral, wind, solar, water, and other resource …
Despite the fact that we are experiencing a down market, a “down time” can be a “good time” for mineral owners. One could argue that minerals are more marketable now than they were in 2019. There is plenty of data that seems contradictory to this claim. For example, the Wyoming Oil & Gas Conservation Commission …
LandGate evaluated the asset value of Chesapeake Energy (“CHK”) after the company filed for Chapter 11 bankruptcy projection on June 28, 2020. According to the press release provided by Chesapeake, the company “entered into a Restructuring Support Agreement (‘RSA’) with 100% of the lenders under its revolving credit facility, holders of approximately 87% of the …