Tuscaloosa Marine Shale - Page 2 - TigerDroppings.com

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JWS3
Purdue Fan
Baton Rouge
Member since Jun 2008
2502 posts

re: Tuscaloosa Marine Shale


quote:

Thought standard royalty was 12.5%? Would like to know as we have been contacted concerning land below Montegut that they hit on


There is no standard, there is usually a minimum allowed by the state, in Louisiana the Haynesville Shale leases have been "typically" 25%. Each play can be different, and I don't follow the TMS that closely.






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tigerpawl
LSU Fan
Can't get there from here.
Member since Dec 2003
4959 posts

re: Tuscaloosa Marine Shale


Reality check for TMS: Hydraulic Fracturing Issues; TMS has a long way to go. LINK





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crawfishcharlie
LSU Fan
Crawfishtown, USA
Member since Dec 2003
4389 posts

re: Tuscaloosa Marine Shale


I've been working in the Eagle Ford Shale for a year on Frac jobs and we now experience very few of the probems listed





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tigerpawl
LSU Fan
Can't get there from here.
Member since Dec 2003
4959 posts

re: Tuscaloosa Marine Shale


quote:

I've been working in the Eagle Ford Shale for a year on Frac jobs and we now experience very few of the probems listed
I've always thought these "info guys" work in some drama in their articles. It's good to hear this from somebody at the scene.






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rmc
LSU Fan
Zachary, LA
Member since Sep 2004
22517 posts

re: Tuscaloosa Marine Shale


I'm not on the drilling pads but I can confirm they are laying a lot of pipe out here in the EF shale.





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fishfighter
LSU Fan
Baton Rouge
Member since Apr 2008
18202 posts

re: Tuscaloosa Marine Shale


I am sure glad I had ran across this thread. My phone has been ringing off the hook with people trying to lease my place in Pointe Coupee parish. Offers of $175 and 20% for 5 years. Told them to take a walk and when they are willing to pay $200/22.5% for 3 years, then I might talk.





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thedice20
New Orleans Saints Fan
Member since May 1926
Member since Aug 2008
7543 posts

re: Tuscaloosa Marine Shale


Damn, take the free money for Christ's sake.








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Beerinthepocket
LSU Fan
Dallas
Member since May 2011
572 posts

re: Tuscaloosa Marine Shale


That's the kind of thinking that these companies hope for from uneducated rural people, it's far from "free money".





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GREENHEAD22
LSU Fan
LafayettebywayofBush
Member since Nov 2009
8085 posts

re: Tuscaloosa Marine Shale


Tigerpawl

Alot of the links you put up are not working for me. Can you re post them TIA. Also as far as the problems with fracking, they have ironed most of those out and plus TMS is a mostly oil shale which mean much larger profit margins.






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TigerDog83
LSU Fan
Member since Oct 2005
4125 posts

re: Tuscaloosa Marine Shale


quote:

That's the kind of thinking that these companies hope for from uneducated rural people, it's far from "free money".


It's not "free money" but very very few mineral owners have the technical and/or financial ability to develop their own minerals. A lot of them are virtually clueless to how it works, as are many of the attorneys who pop up in these hot plays chasing business. In an area like this a lot of the parties probably have never negotiated an oil and gas lease or drilling deal in their lifetimes.






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McKinneyttu97
Texas Tech Fan
McKinney, TX
Member since Mar 2011
503 posts

re: Tuscaloosa Marine Shale


quote:

Reality check for TMS: Hydraulic Fracturing Issues


I was going to say the same thing. Hard to frac.






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thedice20
New Orleans Saints Fan
Member since May 1926
Member since Aug 2008
7543 posts

re: Tuscaloosa Marine Shale


quote:


That's the kind of thinking that these companies hope for from uneducated rural people, it's far from "free money".




It's not "free money" but very very few mineral owners have the technical and/or financial ability to develop their own minerals. A lot of them are virtually clueless to how it works, as are many of the attorneys who pop up in these hot plays chasing business. In an area like this a lot of the parties probably have never negotiated an oil and gas lease or drilling deal in their lifetimes.



D0 the math on 22 % ORRI.
On a 500 barrel a day well for the
first month of production alone.

Haynesville shale spoiled the living hell out of land owners.

and like TigerDog83 said 99.9 % of landowners do not have the ability ( mental, fiscal, or physical) to develop their own minerals.

Oil and gas companies are making people super rich.
Not screwing them...

So yea if you are offered 200 dollars an acre and 22% free ORRI gettin paid for having land situation.
Take that shit



This post was edited on 9/13 at 4:37 pm


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tigerpawl
LSU Fan
Can't get there from here.
Member since Dec 2003
4959 posts

re: Tuscaloosa Marine Shale


TMS Scout Report; SEP 13, 2011 Please note these reports are temporary and this link will eventually go bad. If you're interested in these reports, suggest saving them to your hard drive.

Also you might want to visit sonris.com to stay current on O&G activity.






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TigerDog83
LSU Fan
Member since Oct 2005
4125 posts

re: Tuscaloosa Marine Shale


quote:

So yea if you are offered 200 dollars an acre and 22% free ORRI gettin paid for having land situation.
Take that shit


Every play is different and the needs of every individual are different. The guy who has $10 million in the bank and no debt is obviously going to approach leasing differently than the person who is living paycheck to paycheck. Lease rates are going to differ if you are next to existing production, are in a proven area, etc. An area with competition usually will bring higher results than a conventional prospect with one independent making an offer. People should be wary of attorneys or other "advertised professionals" who want to manage their minerals and take a cut of the leasing and production. A lot of people learned first hand over the last few years why involving these kinds of outfits can be a bad idea.






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fishfighter
LSU Fan
Baton Rouge
Member since Apr 2008
18202 posts

re: Tuscaloosa Marine Shale


Don't get me wrong, I could use the money. I was leased way back in the gold rush days when they first found gas here in Pointe Coupee, but the nearest well was about 3 miles. It was a hit that played out fast. With the new way they can drill, I'm sure they will come back in to drill.

I do have a blood sucker lawyer that has done many oil leases. He does know his way around from the first time oil companys came here.






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crawfishcharlie
LSU Fan
Crawfishtown, USA
Member since Dec 2003
4389 posts

re: Tuscaloosa Marine Shale


I've talked to seveal land owners in the Eagle Ford and I've heard numbers from $2000 to $5000 per acre for unleased land near producing wells....


This post was edited on 9/14 at 1:41 pm


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kfizzle85
LSU Fan
en oh, el ay
Member since Dec 2005
20971 posts

re: Tuscaloosa Marine Shale


Awesome link.





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Beerinthepocket
LSU Fan
Dallas
Member since May 2011
572 posts

re: Tuscaloosa Marine Shale


quote:

Every play is different and the needs of every individual are different. The guy who has $10 million in the bank and no debt is obviously going to approach leasing differently than the person who is living paycheck to paycheck. Lease rates are going to differ if you are next to existing production, are in a proven area, etc. An area with competition usually will bring higher results than a conventional prospect with one independent making an offer. People should be wary of attorneys or other "advertised professionals" who want to manage their minerals and take a cut of the leasing and production. A lot of people learned first hand over the last few years why involving these kinds of outfits can be a bad idea.


This is more what I was getting at, a person with 3 acres is going to approach this differently than a person with thousands of acres. Taking the first offer if you have the former isn't going to cause you to lose out on much, but if you're in the later situation you could miss out on hundreds of thousands if not millions of dollars if you don't know what you are doing.






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Interception
Providence Fan
Member since Nov 2008
11089 posts

re: Tuscaloosa Marine Shale


They are late to the game!

250-300 Acre 25% Royalties/ 3 yr lease

Good Luck!!!




This if you have a proven well near by your property. BTW how much acreage do you own?



This post was edited on 9/14 at 2:17 pm


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GREENHEAD22
LSU Fan
LafayettebywayofBush
Member since Nov 2009
8085 posts

re: Tuscaloosa Marine Shale


Anyone close to this? i have talked to some friends in the industry about the possibility of any drilling in St. Tammany. One told me that they are looking for north St. Tammany and Washington as having some of the more productive areas. Asking bc have substantial land in that area.





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