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re: Tuscaloosa Marine Shale
Posted on 9/14/11 at 11:17 am to TigerDog83
Posted on 9/14/11 at 11:17 am to TigerDog83
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.
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.
2
Posted on 9/14/11 at 1:40 pm to fishfighter
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 9/14/11 at 1:41 pm
Posted on 9/14/11 at 5:10 pm to fishfighter
quote:I've always wondered how to interpret distance from a producing tract as a measure of how likely it is for the surrounding area to get leased, and at what rates. In O&G speak, how far is 3 miles?? Is it right around the corner or is it light years away? How does the new horizontal technology affect this proximity issue??
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.
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