Domain: tiger-web1.srvr.media3.us User Profile: gingles | TigerDroppings.com
Favorite team:LSU 
Location:Baton Rouge
Biography:Tiger Fan, So.LA transplant from piney woods
Interests:Tiger sports, golf, my girls, the good life
Occupation:Environmental
Number of Posts:213
Registered on:6/27/2008
Online Status:Not Online

Forum
Message
"Lol, no". I guess the "idiots" in this thread were the all-knowing naysayers.
Well, maybe so, but in this case a product was sold and was not delivered. LSU should at least make a token gesture (partial refund, discount on something). With 90,000 buyers involved there are lawyers who might be interested.
My brother's cabin in the Ozarks just off the Buffalo National River. Awesome country.
JJ generally can't hit a moving receiver for s**t and often can't hit one who's standing still. Lee hits receivers often quite well but they're usually not wearing the same uniform. We've watched them suck for three years now. I'd just get Mett some practice and start him. Couldn't be much worse, the team has been mostly winning for at least three years without a real QB.

re: Worried about losing Shep

Posted by gingles on 7/26/11 at 1:41 pm to
33 receptions in in his softmore year--same as Reuben Randle. And that's with a QB who can't pass. Add on 45 runs for 6 yds/carry. Add on we need another receiver to complement Randle.

I think we might need him.

re: Haynesville Shale

Posted by gingles on 8/28/08 at 11:47 pm to
Disclaimer: not a political statement, don't care how you vote.

Obama specifically mentioned promoting natural gas production during the energy independence part of his speech. We can assume McCain would do the same. Good news for the HS.

re: Haynesville Shale

Posted by gingles on 8/26/08 at 1:51 pm to
quote:

That one well is holding 4 or more sections by its production.


That may be legal, but it's silly.

Move Bush thread

Posted by gingles on 8/26/08 at 1:13 pm
Administrator, can you move my "Bush thread" to Politics (oops). Thanks.

re: Insurance in Baton Rouge

Posted by gingles on 8/26/08 at 10:54 am to
I just switched completely from State Farm (with them forever) to Shelter.

I had three cars on State Farm and my house on Shelter.

I put all three cars on Shelter with the house, raised my coverages to 100/300/100 and am saving $1000 annually.

Shelter apparently uses a formula that includes your credit rating and that was part of the reason my price drop was steep.

re: Question for pool owners....

Posted by gingles on 8/24/08 at 10:24 pm to
We've had a pool with this house for about 7 years. Best way to get one is to buy a house with one--you basically get it for free.

If you keep up with it, maintenance is not a problem--run your pump/filter 24/7 and you will save a lot of work.

If you go vinyl liner, plan on replacing it ($4 grand installed) every 3-8 years. Gunnite is more durable but will run you several grand more to install.
quote:

ANN COULTER JUST WROTE A BIG COLLUMN ON THIS TOPIC, VERY INTERESTING, I AM SURE YOU CAN GOOGLE IT AND FIND IT. HONESTLY I DONT THINK ANYONE WILL BENEFIT FROM IT, STUDY JIMMY CARTER AND MAKE A GAME PLAN.


Ann Coulter is an idiot who can't pass a fart without lying. What would that make one who takes her advice.
quote:

I didn't think the news articles could get any worse, but here we are. I guess everyone thinks people in the Southern US are inbred rednecks...


This site pretty much affirms it a couple hundred times a day.
PB, it's interesting that Desoto Parish got $27K and a 1/3 Royalty.

re: Haynesville Shale

Posted by gingles on 8/11/08 at 11:12 pm to
Well said.

re: Rules For The SEC Rant

Posted by gingles on 8/11/08 at 10:58 pm to
Love that tat'.

re: Haynesville Shale

Posted by gingles on 8/11/08 at 10:10 pm to
quote:

Haynesville Shale
The fact that the well bore is directly embedded in the shale (source rock) and not a sandstone,limestone,"et al" trap makes it an unconventional play.Unconventional means can be used to induce production(stage fraccing,horizontal,etc). Tertiary recovery is unconventional production (co2 injection).I guess anything that you did'nt see in "There will be Blood" is unconventional.I see a lot of mincing going on.


Point taken, but this was not standard clause. It was added as part of the addendum by an O&G lawyer. Ostensibly clauses like this exclude hard mineral mining (and perhaps mined oil shale)and the first part of the sentence would have accomplished that. And a following sentence specifically excludes hard minerals. So what is the purpose of the second part of the sentence "and then only such hydrocarbons that may be produced through conventional oil and gas drilling and production methods"? Just overkill?

And then every single thing I read about shale drilling and production is called (by oil and gas people) "unconventional". I hear you about "There Will Be Blood" but effective horizontal drilling is an innovation of very recent development.

I probably should just ask the author.

re: Haynesville Shale

Posted by gingles on 8/10/08 at 12:04 pm to
quote:



An exhibit to our lease which overrules conflicting language in the lease states, in part:

The term "oil, gas and minerals" as used herein shall refer to liquid or gaseous hydrocarbons only and then only such hydrocarbons that may be produced through conventional oil and gas drilling and production methods."

Is the drilling and production of shale formations (e.g., horizontal drilling and other techniques for drilling and producing from shale) considered conventional oil and gas drilling and production methods? Or would this provision exclude shale production?

I did find a definition from a USDOE site:

Conventional oil and natural gas production: Crude oil and natural gas that is produced by a well drilled into a geologic formation in which the reservoir and fluid characteristics permit the oil and natural gas to readily flow to the wellbore.


Hate to revisit this but the MyOilPro site says:

"Haynesville shale oil and gas production is "unconventional." Conventional production is that produced from sandstone, limestone or dolomite reservoir rock, typically from a vertical wellbore. Unconventional oil plays include oil shale, the Canadian tar sands and Venezuela's super-heavy oil. None of these are pumped to the surface; other techniques, such as mining and heating are required to extract the oil. With the Haynesville shale, getting the gas out in commercial quantities will require horizontal drilling, a very expensive process. Wells cost in excess of $8 million each!"

Every site on the 'net refers to gas shale as "unconventional gas".

So can shale gas production really be considred "conventional"? Really?

re: Where does your FICO start?

Posted by gingles on 7/31/08 at 12:24 pm to
quote:

I don't know, but no credit is worse than bad credit.


No credit is great. Don't borrow money and you don't need a "monkey-lending/I'm in debt" FICO score. There are plenty of wealthy people who have no FICO because they don't want/don't need to borrow money. And if you do need a home mortgage, deal with someone who does manual underwriting.

re: Haynesville Shale

Posted by gingles on 7/31/08 at 8:38 am to
This is just a general question for the HS. How in the heck are they (Chesapeake, Petrohawke, etc.) going to get enough wells drilled fast that all these big leases they've paid don't expire? I'm guessing it takes a long time to drill a million or so acres. Are they just counting on having to release some of these properties they've already dropped 15-25K on?
It's a scam. Write check, send check, pay bills. Send extra check for principal,pay mortgage early. You don't need to spend $3500 for that.
Not speaking for Shreveport, but I spent the first 25 or so years of my life in DeSoto Parish and it's not completely inaccurate.

re: Haynesville Shale

Posted by gingles on 7/27/08 at 7:57 pm to
quote:

And while we are at it a disturbing trend lately ...is not limited to just lease bonus payments in our country.


TD83

I do hope that these comments are not directed (even partially) at my post. After all, we are gentlemen here (at least some on this board). While I'm not crazy about the lease bonus my Mom got, I understand a contract is a contract.

I respect the expertise that I've seen from you and JB and others on this board and was asking advice.

Specifically, our lease has an addendum with several mods to the standard lease language, and I was wondering if our cousin had anticipated the HS and written it out of the lease. I think it's a legitimate question to ask what the lease(contract) covers and what it doesn't. I wasn't looking for some legal angle. As I said, this lease dies in about 21 months and if this play is for real in central DeSoto Parish the issue will self-correct anyway. It's going to take a long time to drill all the wells I'm hearing about.

Anyway, all due respect, thanks to you and JB and others here for sharing your knowledge. I won't debate politics here and ya'll don't have to thank me for it.

re: Haynesville Shale

Posted by gingles on 7/26/08 at 5:27 pm to
quote:

I already did. You don't have an out. HS gas can obviously migrate to the wellbore; it's conventional. Liquids and gases


Sorry, I missed the earlier answer. Thanks for your reply.

re: Haynesville Shale

Posted by gingles on 7/26/08 at 6:32 am to
quote:

It reads okay to me. I don't think this wording is a problem.

Standard boiler plate. Not a HS issue.

But, again, maybe some who knows more than me will confirm.


Maybe just wishful thinking, but I was hoping someone knowledgeable here might tell me it's an out. There are less than two years left on the lease and at the pace happening now they won't be drilling there by then anyway.

re: Haynesville Shale

Posted by gingles on 7/25/08 at 5:56 pm to
Probably absolutely nothing to do with you being an Alabama fan.

re: Haynesville Shale

Posted by gingles on 7/25/08 at 5:22 pm to
Perhaps TigerDog or Just Bill:

An exhibit to our lease which overrules conflicting language in the lease states, in part:

The term "oil, gas and minerals" as used herein shall refer to liquid or gaseous hydrocarbons only and then only such hydrocarbons that may be produced through conventional oil and gas drilling and production methods."

Is the drilling and production of shale formations (e.g., horizontal drilling and other techniques for drilling and producing from shale) considered conventional oil and gas drilling and production methods? Or would this provision exclude shale production?

I did find a definition from a USDOE site:

Conventional oil and natural gas production: Crude oil and natural gas that is produced by a well drilled into a geologic formation in which the reservoir and fluid characteristics permit the oil and natural gas to readily flow to the wellbore.

A member of our extended family, an oil and gas lawyer, wrote the addendum. I guess my question is: Could this be a HS exclusion?

re: Haynesville Shale Debacle

Posted by gingles on 7/23/08 at 11:40 am to
quote:

It's Medicaid that pays for long term care. You must meet resource and income limitations for qualification. If property is sold at less than fair market value, or transferred with no money passing hands, Medicaid will penalize the resident by imposing a period of disqualification for the funding for the care.

You first need to see an attorney to get good, solid, informed advice as to the ramifications of all of this with your grandparents' particular circumstances in mind. Then you can decide whether to do the lease or not, and how to spend the money or not. In some instances, it might be worth it to make such a transfer of property and just suffer the consequences.

Look for an attorney who does Elder Law work. It's a pretty specialized and complex area.


This is basically what I told you on the first page of your thread. If they're in long-term care, it's Medicaid (a state program funded with federal dollars) that is paying the bill. Medicaid pays after a set amount of resources are used up by the recipient.

Remember that the state WILL seek to recover their costs upon the death of your parents (not before) even if that means a lien on the home and property. But they're only looking for their costs back. I'm thinking that due to the complexity of oil and gas leasing and royalties, you should preemptively seek the advice of an attorney experienced in Medicaid Estate Recovery and make a plan.

Contrary to the ranters here, I think Stewart intends that Uncle Sam gets his dues out of the proceeds if Stew gets lucky with the HS.

And Stewart, for all the God-fearing Tax-Payers on this thread afraid they're losing their hard-earned tax dollars to you--get their address and mail each of them their one-penny share back.

re: Haynesville Shale Debacle

Posted by gingles on 7/21/08 at 3:58 pm to
Not a lawyer but have some familiarity with this. Selling the land probably won't help. Medicaid has a 5-year "lookback" period and they most likely have a claim on the estate equal to what they spent (and will spend).

Spend a few bucks and see a lawyer who specifically has experience in Medicaid Estate Recovery to see what the best course is.

re: Haynesville Shale

Posted by gingles on 7/10/08 at 12:56 pm to
Are any wells being drilled (or will they be drilled soon) to probe the southern, southwestern, southeastern limits of the shale?