Domain: tiger-web1.srvr.media3.us Haynesville Shale | Page 23 | Money Talk
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re: Haynesville Shale

Posted on 6/22/08 at 4:23 pm to
Posted by rita205
N. DeSoto Parish
Member since Jun 2008
18 posts
Posted on 6/22/08 at 4:23 pm to
Thanks, insomniacnla, of course I know I don't have to wait, but as we all know, the game is one of strategy, and to a large degree a roll of the dice. Do I contact them or wait and see? If I contact them, do I take the highest bid from the big players? Will the bonuses continue to increase, or will it reach a point where things level out? Do we know how much of the play is leased, or how much of the hottest area is leased? (the answer to that last question is most certainly No; there's no way us landowners know what the companies' plans are or what their respective positions are. That's just the way it is).

Thanks for the info as to the bonus offers. That helps a lot in my decision making process.

I was really just curious as to why I have had no contact, and all I can surmise is that it is because of the existing Winchester leases in my section. I wonder if your area is similarly covered with other leases.

Here's a specific question to anyone who can share insight. Let's say I don't lease anytime soon, and Winchester decides to drill a Hosston or Cotton Valley well in my section. Would my 2 acres still be worth the bonuses being paid based on Haynesville Shale leasing? In other words, would one of the companies involved in the Haynesville Shale wells be interested in leasing me in a situation like that? And, at what point would the operating company want to get my lease during the process? Would they make a good offer (i.e., comparable to the bonuses being paid for Haynesville Shale play) to get me under lease before the well was drilled?

It's not that I want to hold out for a no lease basis, just that I wonder what would happen if the timing wasn't right.

Anyone?

Rita
Posted by rita205
N. DeSoto Parish
Member since Jun 2008
18 posts
Posted on 6/22/08 at 4:46 pm to
Thanks, insomniacnla, of course I know I don't have to wait, but as we all know, the game is one of strategy, and to a large degree a roll of the dice. Do I contact them or wait and see? If I contact them, do I take the highest bid from the big players? Will the bonuses continue to increase, or will it reach a point where things level out? Do we know how much of the play is leased, or how much of the hottest area is leased? (the answer to that last question is most certainly No; there's no way us landowners know what the companies' plans are or what their respective positions are. That's just the way it is).

Thanks for the info as to the bonus offers. That helps a lot in my decision making process.

I was really just curious as to why I have had no contact, and all I can surmise is that it is because of the existing Winchester leases in my section. I wonder if your area is similarly covered with other leases.

Here's a specific question to anyone who can share insight. Let's say I don't lease anytime soon, and Winchester decides to drill a Hosston or Cotton Valley well in my section. Would my 2 acres still be worth the bonuses being paid based on Haynesville Shale leasing? In other words, would one of the companies involved in the Haynesville Shale wells be interested in leasing me in a situation like that? And, at what point would the operating company want to get my lease during the process? Would they make a good offer (i.e., comparable to the bonuses being paid for Haynesville Shale play) to get me under lease before the well was drilled?

It's not that I want to hold out for a no lease basis, just that I wonder what would happen if the timing wasn't right.

Anyone?

Rita
Posted by justbill
Member since Jan 2008
99 posts
Posted on 6/22/08 at 4:54 pm to
quote:

Would they make a good offer (i.e., comparable to the bonuses being paid for Haynesville Shale play) to get me under lease before the well was drilled?



Nope. For HS lease bonus money, git it while the gittin's good. The oil biz is a crap shoot, things change. Yes, your land might be worth more but it might be worth zero in a few months.
Posted by rita205
N. DeSoto Parish
Member since Jun 2008
18 posts
Posted on 6/22/08 at 6:30 pm to
quote:

For HS lease bonus money, git it while the gittin's good


I figured that would be the answer. As much as there is any "answer", I realize that it all depends on lots of considerations.

As to your comment quoted, well, the gist of all of this is, how do we know when we've got what's as good as we're gonna git? Where's my crystal ball?

Rita
Posted by rita205
N. DeSoto Parish
Member since Jun 2008
18 posts
Posted on 6/22/08 at 6:53 pm to
quote:

For HS lease bonus money, git it while the gittin's good


I figured that would be the answer. As much as there is any "answer", I realize that it all depends on lots of considerations.

As to your comment quoted, well, the gist of all of this is, how do we know when we've got what's as good as we're gonna git? Where's my crystal ball?

Rita
Posted by rita205
N. DeSoto Parish
Member since Jun 2008
18 posts
Posted on 6/22/08 at 6:53 pm to
quote:

For HS lease bonus money, git it while the gittin's good


I figured that would be the answer. As much as there is any "answer", I realize that it all depends on lots of considerations.

As to your comment quoted, well, the gist of all of this is, how do we know when we've got what's as good as we're gonna git? Where's my crystal ball?

Rita
Posted by rita205
N. DeSoto Parish
Member since Jun 2008
18 posts
Posted on 6/22/08 at 7:28 pm to
By the way, sorry for the double posts, y'all. I figured out that I was hitting the back button, that's what caused the duplicate posts.
Posted by lorilemaris
Georgia
Member since Jun 2008
27 posts
Posted on 6/22/08 at 8:37 pm to
That's great that you were able to run title yourself. Unfortunately, I need to go back 50-60 years. I'm not able to get to the courthouse, to spend time attempting to do a title search myself, and title companies in the area won't take the job; so we will have to hire someone to do it for us.
quote:

I have found out that a different section & township can hold a property for life.

Which is one reason why we might want to have a title run on the acreage we recently became heirs to. We simply do not know what's been happening.
Posted by msesh
Atlanta, GA
Member since Jun 2008
27 posts
Posted on 6/22/08 at 8:56 pm to
We live in Georgia as well. We are using Murchison and Murchison in Natchitoches. Hope this helps!
Posted by pittboss33
Bossier City
Member since Jul 2006
521 posts
Posted on 6/22/08 at 9:29 pm to
lorilemaris, I'm still waiting to hear from you. I have someone waiting to talk to you. Please s-mail me ASAP.
Posted by lorilemaris
Georgia
Member since Jun 2008
27 posts
Posted on 6/22/08 at 9:52 pm to
msesh: Was that comment for me?
If so, thanks! ...Will check them out. Our acreage is in Bossier P. Do you think they can help? Are they reasonable?
Posted by lorilemaris
Georgia
Member since Jun 2008
27 posts
Posted on 6/22/08 at 10:15 pm to
just emailed you.
Posted by animallover
Shreveport
Member since Jun 2008
36 posts
Posted on 6/22/08 at 10:27 pm to
PITTBOSS: Are you a landman? If so we need to lease in Desoto Parish
Posted by msesh
Atlanta, GA
Member since Jun 2008
27 posts
Posted on 6/22/08 at 10:31 pm to
Yes, it was for you. He is a really nice guy and will tell you up front if he can help you or not. My brother is an attorney here in Atlanta and felt this guy is on the up and up. I am sure he can help you in Bossier he has clients everywhere in dealing with this stuff. Good luck! We are in North Natchitoches and are waiting for them to go "any day now" on our property.
Posted by oldawg44
Shreveport
Member since Jun 2008
9 posts
Posted on 6/23/08 at 3:38 am to
Tigerdog or anyone else. Have you heard yet how the Franks 23 is doing? Completion work is being done. Sec23 T19N 14W.
Thanks
Posted by pittboss33
Bossier City
Member since Jul 2006
521 posts
Posted on 6/23/08 at 7:44 am to
The company I work for is not leasing in Desoto Parish. Ask justbill for contact information, I'm sure he can hook you up.
This post was edited on 6/23/08 at 9:03 am
Posted by oldawg44
Shreveport
Member since Jun 2008
9 posts
Posted on 6/23/08 at 7:58 am to
That was the Franks 22 Sec22 T19N 14W on the above post.
Posted by dsquareg
texas
Member since Jun 2008
12 posts
Posted on 6/23/08 at 8:38 am to
I've just finished leasing 80a in T23 which has no HS play. Have another unleased 100a just across the state line in Ark. Anyone know of anyone leasing in south Ark??
Posted by pittboss33
Bossier City
Member since Jul 2006
521 posts
Posted on 6/23/08 at 8:43 am to
what section, township, and range in Arkansas?
Posted by Pierre
Baton Rouge
Member since Nov 2005
5427 posts
Posted on 6/23/08 at 10:13 am to
Does it mean anything if you have a dry, plugged well at around 8800 ft on your property? It was opened and plugged around 1966.

Would this most likely rule out any oil gas possibilities?
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