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BabysArmHoldingApple

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Location:Lafayette
Biography:Boring
Interests:Boredom
Occupation:Most Boring thing about me
Number of Posts:1270
Registered on:12/29/2016
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quote:

Is the "paid up" lease part good or not so good?


IMO paid up is better. Otherwise, operator can not pay in year 2 or 3 ...they lose the lease, but your son misses out on more bonus.

Much (including bonus) depends on how successful you feel the prospect will be. Does your son have any way of getting access to this information and evaluating it? The advantage of a lease is that you get to keep the bonus even if the well is a dry hole or is never drilled...and you get to keep the royalties even if the well never pays out.

The other comments are all correct, I have seen this question many time through the years and I believe that it is generally better for a mineral owner to be a lessor unless they are really want to speculate on the success of the project and have a good idea that the well will payout (and then some). They will also likely get pencil-whipped by the operator as a non-operating working interest owner - that can still happen but it is harder to do with royalties.

Bonus and royalty should be commensurate with what others are getting in the area. For example, if the prevailing rate is 1/4, ask for that.
quote:

acts of war


Does not equate to war.

Under your hypothetical question, if it ended there then there would be no war.

If there was a prolonged response (which of course there would be) then it would be a war.

re: There is no war

Posted by BabysArmHoldingApple on 2/28/26 at 8:41 am to
quote:

When the U.S., Israel & now the Saudis are attacking collectively, Iran is attacking U.S. bases, it's war.


Depends how long it lasts, what US assets/personnel are involved and the number of US casualties taken. If it is wrapped up quickly, or if it is prolonged bombing without major troop involvement, then most people wouldn't consider it a war. If it requires large scale US troop involvement, particularly if there are casualties, then most normal people would probably consider it to be a war.
quote:

This very well may be necessary or it very well may just be us doing israel’s bidding, again


This is true. And all of us lack the critical information necessary to determine which is the case.

quote:

he point is Trump obviously lied about not starting any new wars


This is untrue and reflects your bias in the situation. No President would ever guarantee not using the military.
quote:

an entertaining bunch


Not in a "bunch"...including the "bunch" that bends over backward to push a particular narrative against a particular President.

If you would watch your own video and were objective you wouldn't be ROFL. But you cannot admit it to yourself.
The vast majority of the references in the video were past-tense..."kept us out of wars" in first term. Present tense he said he will expel "war mongers". Could argue that both statements are accurate.

Didn't see any guarantees that there would never be future military action under the right circumstances.

Its really not the Gotcha that you think.

quote:

Decimated means one in ten or a tenth of the compound


Never knew this but it makes perfect sense. Thanks for pointing this out.
quote:

If X> 1/2Y+7, Smash


Should be <

Also you must show your work to get partial credit
what a stupid thing to spend money on...for any "school" really, not just LSU.
quote:

Not true and metastatic is irrelevant to PSA levels, you can have a high PSA and not have cancer at all just like you can have a normal PSA with cancer


Correct if you have a prostate but not if your prostate has been removed. In that situation the only way that you have PSA is if cancer spread from the prostate prior to its removal.


quote:

You still have to have regular PSA levels checked after prostate removal so yes you can still have elevated levels


Only if you have metastatic prostate cancer. If nor, and prostate removed, then should have undetectable PSA
Yep - very quirky and different but definitely entertaining. Big nostalgia factor if you lived through the 70's.

It was probably the first time that I really ever saw or heard of Arnold. Early Jeff Bridges and Sally Field were great. Also has RW Armstrong.

Didn't realize/remember that it was co-written directed by Bob Rafelson.

quote:

controlling what private networks broadcast?



CBS censors

quote:

That’s nothing. In the 70s a guy designed a carburetor that got 100 mpg. Big oil bought the patent from him and buried it so nobody else could replicate his work.


No disrespect but this statement is flawed on many different levels.

Patents are by definition public documents. You can look up any US patent.

Patents also require an enabling disclosure so that anyone that reads the patent must be able to understand how to practice the invention.

Patents cannot be "buried". Anyone can read the patent and "replicate[d] his work".

One of the key purposes of the patent system is so that other smart people will see the patent and design around the patent claims. Society benefits from better ideas.

At that time, patents had a 17 year term. Even if someone was concerned about getting sued for patent infringement by the new owner of the patent ("Big Oil"), the invention would have been in the public domain by the 1990's at the latest.

As a parent of grown kids who both played sports when they were younger, sports are great for kids who enjoy them to teach teamwork, persistence, work ethic. But kids won’t learn those lessons if they don’t enjoy the sport, and you can learn a lot of those lessons in activities other than sports. Otherwise sports are meaningless. And some of the parents are psychos.