ragincajun03

re: I'm seeing stories of Americans stuck in Dubai, SHOCKED a war broke out while there

Posted by ragincajun03 on 3/3/26 at 2:34 pm to TDsngumbo

Quite a few American oil & gas folks living and working out there. My uncle lived in Dubai for several years working for Conoco.

re: Question about gas prices

Posted by ragincajun03 on 3/3/26 at 1:50 pm to travelgamer

Because some of us are tired of driving around with a pair of used truck nuts. We deserve to be able to buy some unused nuts.

re: ULL licking they chops!!

Posted by ragincajun03 on 3/3/26 at 1:45 pm to CalRipkenJr

quote:
Are they throwing Sawyer?

If we do, I hope it’s just an inning or two to get him a little experience vs a Top 5 team, then pull him and start him on Sunday vs Dallas Baptist. We need to move our Saturday up to Friday and our Sunday guy up, because our current Friday guy, Roman, has been way underwhelming.

Tiger Rant

re: Ralph Abraham named Chair of Letlow campaign

Posted by ragincajun03 on 3/3/26 at 1:31 pm to StGeorgeTiger

So Ralph Abraham’s son in law donated to Bel Edwards. Ok…

Also, I like Kenny Webster, but he really doesn’t understand Louisiana’s political scene. In fact, according to him, Jeff Landry is the best Governor in the United States.

re: Oil & Gas Lease Question

Posted by ragincajun03 on 3/3/26 at 1:28 pm to UptownJoeBrown

quote:
Find out the oil company that’s gonna work the lease and contact them directly.

Keltic said it’s Apex Natural Gas he’s talking with. They’re an actual operator headquartered in Houston. In fact, as of the February 16th LOGA report, they were running three rigs in Caddo Parish and three in DeSoto.

Their VP of Land is a Ragin Cajun grad.

re: Ralph Abraham named Chair of Letlow campaign

Posted by ragincajun03 on 3/3/26 at 1:17 pm to StGeorgeTiger

quote:
Fine. I should have stated that more direct. His family made the biggest donations allowed by the state to back JBE. His family.

IF that is true, that’s absolutely not the same as Dr Abraham himself backing JBE. In fact, it’s an idiot and dishonest comment to make.

Donald Trump’s niece is a batshit crazy leftist who supported Hillary Clinton in 2016. Does that mean Donald Trump is also a batshit crazy leftist who supported Hillary Clinton in 2016?

re: Ralph Abraham named Chair of Letlow campaign

Posted by ragincajun03 on 3/3/26 at 12:20 pm to Elvis Parsley

Have you considered Demanding Xan?

re: Just voted against John Cornyn

Posted by ragincajun03 on 3/3/26 at 12:08 pm to Lou Pai

I think Paxton still wins statewide vs Talarico. However, will probably cause Republicans to have to spend more money on that race than if it were Hunt or Cornyn, playing defense against all the attack ads.

re: Just voted against John Cornyn

Posted by ragincajun03 on 3/3/26 at 12:03 pm to newmexicotiger

Same here. Pushed the button for Wesley Hunt.

But if there’s one race I REALLY want to go my preferred way today, it’s that Ft Bend County voters are smart enough to not let that POS KP George survive past today in the Ft Bend County Judge race.

re: National Gasoline Price Average back over $3/gallon

Posted by ragincajun03 on 3/3/26 at 10:36 am to Knight of Old

quote:
Funny, don’t remember this type of graph panic when avg prices chased $4 for four years…

Because it was all transitory, baw.

re: Ralph Abraham named Chair of Letlow campaign

Posted by ragincajun03 on 3/3/26 at 10:07 am to StGeorgeTiger

quote:
Like we have forgotten that he backed JBE??

Ralph Abraham endorsed Eddie Rispone practically the day after the primary election.

re: Oil & Gas Lease Question

Posted by ragincajun03 on 3/3/26 at 9:54 am to mjp504

Thank you for the correction. :cheers:

re: Oil & Gas Lease Question

Posted by ragincajun03 on 3/3/26 at 9:49 am to BigBinBR

quote:
it's not worth the hassle to speculate with a small amount of land

Just my opinion, but such a small piece of land is where I would take the chance to speculate and hope to get 8/8.

An operator isn’t as likely to carry someone on say…a 50 acre tract. Especially in Louisiana where you need 80% of the mineral servitude owners within your spacing unit leased to legally drill the well.

Again, just all preference and risk tolerance. My grandmother in Thibodaux about 20 years ago non-participated with a net mineral acreage of about 1.5 acres. The well paid out and she received some decent monthly checks for a couple years until the production declined.

But again, she was retired, no more kids in the house, and just figured “What the hell, why not roll the dice”.

re: ULL licking they chops!!

Posted by ragincajun03 on 3/3/26 at 9:34 am to jmcwhrter

quote:
They would be stupid not to throw everything they have at this game every year

It would be stupid for us to waste our best arms for this one game at home when we have an away weekend series with a Dallas Baptist team that has made the tournament the last five years. Sweeping that series playing away, or even taking 2 out of 3, would likely be a better RPI bump vs a midweek game at home vs LSU.

Tiger Rant

-1

re: Oil & Gas Lease Question

Posted by ragincajun03 on 3/3/26 at 9:26 am to Strannix

quote:
Lol see how that works our for you, those MFers are criminals and own the courts, he will never get a dime

My own experience, on both sides of that fence, says otherwise.

That said, that’s why I qualified it with what I would personally do. If the guy wants a quick $1,600, go ahead and sign. Just counter the royalty offer with 1/4.

re: Oil & Gas Lease Question

Posted by ragincajun03 on 3/3/26 at 9:15 am to ForeverLSU02

quote:
1/5 and 1/6 is fairly common in Louisiana right now given the current environment

Last year I advised a friend with acreage in Natchitoches Parish to counter a 1/5 offer with 1/4, and the Lessee accepted it without a fight.

re: Oil & Gas Lease Question

Posted by ragincajun03 on 3/3/26 at 9:13 am to Keltic Tiger

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

Paid up Producers 88 was pretty standard in North Louisiana when I was active up there.

The Bath 6 rental lease form was more South Louisiana activity.

re: Oil & Gas Lease Question

Posted by ragincajun03 on 3/3/26 at 8:38 am to Keltic Tiger

What parish?

Also, me personally, if an average sized lot that’s obviously less than an acre, unless he’s hurting for money and needs an extra 1,600 right now, I’d decline signing and have the operator carry me in the pooled unit as a non-working interest partner.

The well will have to payout, maybe 200%, before he’d see a dime. However, after payout, he’d be receiving 8/8th royalty rather than 1/5 or whatever was negotiated.

re: National Gasoline Price Average back over $3/gallon

Posted by ragincajun03 on 3/3/26 at 8:22 am to TDTOM

quote:
On a scale of 0-10, how excited are you?

3.50

National Gasoline Price Average back over $3/gallon

Posted by ragincajun03 on 3/3/26 at 8:07 am

quote:
WASHINGTON — Gas and oil prices in the U.S. are expected to continue rising amid the ongoing conflict with Iran and escalating tensions in the region, leading to the closure of one of the most vital passageways for oil trade.

According to AAA, the national retail average for a gallon of gasoline as of Tuesday, March 3, was $3.109. That's up from $2.997 per gallon the day before.

LINK

First time the National average is over $3/gallon since November.

We gonna be paying out the arse for crawfish on Good Friday.