Area surrounding Royal Arch Drill Site located in Arlington, TX
They are offering $220 for a five year lease, and royalty payments of 22% for the life of the well. Five years ago they paid $4,400+ for a three year lease, and 25% royalty.
It's not just the money Arlington, TX residents are concerned about. In addition to public health concerns, people are nervous about the prospect of drilling near a possible fault line in the area. Here are a few comments from concerned citizens:
"Chesapeake's excuse at the time for not renewing the leases west of the center line of Del Mar Lane was: The shale is too soft to drill, and not profitable to do so, and there is a fault line that makes it difficult to drill."
"I wish folks would consider that aside from
the $$, this could also be a serious health threat. Any amount they pay is not
worth the adverse affects it could have on your health and of the youth in this
area's health. I hope everyone has done their research."
"Thanks. I didn't know CHK was back at it. I'm about a mile
from that area. I am very near a fault. Just west of Randol Mill there
is a good sized fault that runs along the west side of the park.. At least that
is what I have heard from a variety of people. Arlington has a number of
faults. I've been told they generally run from the south end of DFW airport
diagonally toward Lake Arlington. Please keep me informed if you hear anything
else."
Click Here for an article on man-made earthquakes occurring in the Dallas/Fort Worth area.
Southeast Arlington residents are feeling tremors too.
DO NOT SIGN THIS MINERAL LEASE!
It's just not worth the risk.
