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Started By
Message
re: Haynesville Shale
Posted on 6/9/08 at 9:21 am to GeneralLee
Posted on 6/9/08 at 9:21 am to GeneralLee
quote:
Are the wells that have been drilled on the Sonniers' land (on the west side of Benton Road about a mile south of the high school) Haynesville wells, and how well have they been performing? There must be some gas there if they drilled 3 wells so close together.
Cotton Valley wells. One well is a good well, one appears to be average, and one appears to be below average. Haynesville shale might be there, but that is close to what most companies are calling the northern extent.
4
Posted on 6/9/08 at 9:30 am to TigerDog83
I have some land in the Belmont (Nothern Sabine Parish) area but no one has approached me as of yet with interest to lease. I have approximately 200 acres and thought it would have been some interest in it. Is there a reason I haven't been contacted that I don't know about? Would appreciate any info!
Posted on 6/9/08 at 9:43 am to TigerDog83
LINK
This post was edited on 8/23/12 at 5:59 pm
Posted on 6/9/08 at 11:08 am to TigerDog83
Tigerdog83,
I'm on the ground over here in East Texas. Can't release any specifics of well names etc, but both XTO and CHK are leasing all they can. (thats not held by production) Also i can tell you that NW Panola County seems to have the shale with intense gas shows and cutting mud weights down from 13+ to 12.
I'm following your posts as you appear to be one of the few who actually know whats going on. Thanks for your info.
I'm on the ground over here in East Texas. Can't release any specifics of well names etc, but both XTO and CHK are leasing all they can. (thats not held by production) Also i can tell you that NW Panola County seems to have the shale with intense gas shows and cutting mud weights down from 13+ to 12.
I'm following your posts as you appear to be one of the few who actually know whats going on. Thanks for your info.
Posted on 6/9/08 at 11:24 am to oilman2345
Jersey,
As soon as Comcast decides to feel like making my internet connection fast enough to open my e-mail account I will send you one.
As soon as Comcast decides to feel like making my internet connection fast enough to open my e-mail account I will send you one.
Posted on 6/9/08 at 11:36 am to TigerDog83
Very interesting thread. Thanks to all who have contributed.
As someone who is just learning about all of this, it's not clear to me exactly what is meant when people talk about leasing their mineral rights for $4,000 an acre + 25% (or whatever the numbers happen to be). Does that mean that the landowner gets a one time payment up front of 4k per acre which gives the rights away for 10 years, or is that an annual payment (i.e. 4k every year for the length of the lease)?
As someone who is just learning about all of this, it's not clear to me exactly what is meant when people talk about leasing their mineral rights for $4,000 an acre + 25% (or whatever the numbers happen to be). Does that mean that the landowner gets a one time payment up front of 4k per acre which gives the rights away for 10 years, or is that an annual payment (i.e. 4k every year for the length of the lease)?
Posted on 6/9/08 at 11:46 am to TBTH
I love all the sketchy new usernames that have 3 or 4 posts and created in the last month.
Oil is sketchy sketchy
Oil is sketchy sketchy
Posted on 6/9/08 at 11:49 am to TBTH
quote:
Does that mean that the landowner gets a one time payment up front of 4k per acre which gives the rights away for 10 years, or is that an annual payment (i.e. 4k every year for the length of the lease)?
Usually, it means that the land owner gets an up front one time payment of 4k at the beginning of the lease. After three years pass, the oil company has the right to extend the lease for another 2 years with another one time $4000 per acre payment to the landowner. After those two years are up, usually the lease is renegotiated. All of this obviously depends on the terms of the lease.
This post was edited on 6/9/08 at 11:53 am
Posted on 6/9/08 at 12:06 pm to GeneralLee
I see. Thank you for the information.
I have heard that in Texas, when you buy property, often the mineral rights don't convey. So if I was to purchase a 20 acre spread out in the hill country somewhere, I likely wouldn't get the mineral rights to the property.
Is the same thing true in LA for the most part, or is this more unique to the Texas market?
I have heard that in Texas, when you buy property, often the mineral rights don't convey. So if I was to purchase a 20 acre spread out in the hill country somewhere, I likely wouldn't get the mineral rights to the property.
Is the same thing true in LA for the most part, or is this more unique to the Texas market?
Posted on 6/9/08 at 12:35 pm to TigerDog83
Thanks everyone for an informative thread!
3 questions:
I have four acres in Bossier near Hwy. 511 (JD bridge) and east of Barksdale Blvd. Looks like it could be the next section to go if nearby activity is any indication. About half of that section appears to be subdivisions, does that put me in a better position?
I have ten acres in Caddo past the 1/71 split, in fact the southern boundary of my land is on the T18/19N line. Looks like there are sections already leased to the east. Kind of a 'green belt' outside of the city limits and could be desirable for drilling? Any thougts?
And, will O&G producers be allowed to drill within the city limits?
Thanks again.
3 questions:
I have four acres in Bossier near Hwy. 511 (JD bridge) and east of Barksdale Blvd. Looks like it could be the next section to go if nearby activity is any indication. About half of that section appears to be subdivisions, does that put me in a better position?
I have ten acres in Caddo past the 1/71 split, in fact the southern boundary of my land is on the T18/19N line. Looks like there are sections already leased to the east. Kind of a 'green belt' outside of the city limits and could be desirable for drilling? Any thougts?
And, will O&G producers be allowed to drill within the city limits?
Thanks again.
Posted on 6/9/08 at 2:52 pm to TigerV
Are you asking about near the Bienville border or near the Sabine- De Soto border?
Tiger V,
I am about 3 miles south of the Red River Line and about 10 miles east(guess)of the DeSota line. Township 10 north, 8 range west.
thanks
Posted on 6/9/08 at 3:11 pm to BigBall
BigBall, my family has some land in that township. Please email me at injuredskier@yahoo.com if you'd like to compare notes.
Posted on 6/9/08 at 6:10 pm to Internationaltgrfan
I have some land in the Belmont (Nothern Sabine Parish) area but no one has approached me as of yet with interest to lease. I have approximately 200 acres and thought it would have been some interest in it. Is there a reason I haven't been contacted that I don't know about? Would appreciate any info!
internationaltgrfan,
as of now, they have just become interested in land from belmont to sabine/natchitoches parish line, consider hwy 120 as the southern boundry. petrohawk has been in the area and now chspke is just now getting there. if you have 200 acres i'm sure they'll get around to you.
internationaltgrfan,
as of now, they have just become interested in land from belmont to sabine/natchitoches parish line, consider hwy 120 as the southern boundry. petrohawk has been in the area and now chspke is just now getting there. if you have 200 acres i'm sure they'll get around to you.
This post was edited on 6/9/08 at 6:12 pm
Posted on 6/9/08 at 7:59 pm to olddog573
I searched the LDNR site and found Jan.2008 permit application made by Shell Western Energy and Production, to create 15 drilling units in Desoto parish, in the Jurassic Zone Reservoir A. The following information was also contained in the application
The Jurassic Zone, Reservoir A is hereby defined as being the stratigraphic equivalent of that gas
and condensate bearing zone encountered between the depths of 10,215' and 13,930' (electrical log
measurements) in the Phillips Petroleum Company-Johnson DDD No. 2 Well, located in Section 3,
Township 9 North, Range 11 West.
This is the next township directly south of my land (T10N, R11W). This would seem to indicate that the shale is drillable at least that far south, this is barely above the Sabine parish line. I have already leased, and have been trying to figure out the odds of actually having my land be part of a drilling unit.
I have read that most of CHK's future activity will be horiontal wells, and that Louisiana law requires horizontal wells to be force pooled into 1920 acre drilling units. This would reduce ones royalty share by acreage, but increase the chances of actually being in a unit. Anyone with more knowledge please set me straight if I am off base with this stuff.
JW
The Jurassic Zone, Reservoir A is hereby defined as being the stratigraphic equivalent of that gas
and condensate bearing zone encountered between the depths of 10,215' and 13,930' (electrical log
measurements) in the Phillips Petroleum Company-Johnson DDD No. 2 Well, located in Section 3,
Township 9 North, Range 11 West.
This is the next township directly south of my land (T10N, R11W). This would seem to indicate that the shale is drillable at least that far south, this is barely above the Sabine parish line. I have already leased, and have been trying to figure out the odds of actually having my land be part of a drilling unit.
I have read that most of CHK's future activity will be horiontal wells, and that Louisiana law requires horizontal wells to be force pooled into 1920 acre drilling units. This would reduce ones royalty share by acreage, but increase the chances of actually being in a unit. Anyone with more knowledge please set me straight if I am off base with this stuff.
JW
This post was edited on 6/9/08 at 8:35 pm
Posted on 6/9/08 at 9:36 pm to TigerDog83
TigerDog83,
Can you send me an email at coreyatkmg@yahoo.com if you don't mind. Thanks
Can you send me an email at coreyatkmg@yahoo.com if you don't mind. Thanks
Posted on 6/10/08 at 1:13 am to BigBall
My family owns 31 acres in Bienville Parish just south of Castor. We just signed for a permit for them to "test" the land. No inquiries about leasing mineral rights. Does anybody know what the word is on this area? I dont know anything about this sort of thing, and one of our family members is "taking care" of it all. Any advice or help would be greatly appreciated. Thanks so much.
Posted on 6/10/08 at 8:58 am to BigBall
BigBall,
You seem to be in a gray zone, where it looks like the play thins where you are. However, some companies are poking holes in the ground and flow testing trying to get a feel for what exactly is over there and possibly extend the play to your region. You may be getting a letter in the mail, but that will depend on these companies' results.
You seem to be in a gray zone, where it looks like the play thins where you are. However, some companies are poking holes in the ground and flow testing trying to get a feel for what exactly is over there and possibly extend the play to your region. You may be getting a letter in the mail, but that will depend on these companies' results.
Posted on 6/10/08 at 10:44 am to JWS3
JWS3:
Your acreage should be included in the play....Shell Western being the primary "big player", although others including Chesapeake have also accumulated acreage in the areas of Southern Desoto and Northern Sabine Parishes.
Not sure about the 1920 acre spacing rules, though.....this will ultimately play out as production from some of the key wells (area by area) indicate drainage capability and/or the length and number of laterals from the primary vertical well. Good luck!
Your acreage should be included in the play....Shell Western being the primary "big player", although others including Chesapeake have also accumulated acreage in the areas of Southern Desoto and Northern Sabine Parishes.
Not sure about the 1920 acre spacing rules, though.....this will ultimately play out as production from some of the key wells (area by area) indicate drainage capability and/or the length and number of laterals from the primary vertical well. Good luck!
Posted on 6/10/08 at 11:19 am to TigerV
TigerV,
Would you send me an email at coreyatkmg@yahoo.com
Would you send me an email at coreyatkmg@yahoo.com
Posted on 6/10/08 at 11:26 am to TigerFanatic1
Anyone hearing any price ranges for leases in the Southern DeSoto and Northern Sabine Parish areas in the past week? I've been out of pocket for the past several days, and in this crazy market, I know I probably missed another "big move" in prices.
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