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Started By
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re: BIG LSU signs and flag on west side od I49 just south of shreveport.
Posted on 10/22/11 at 2:32 am to BlazinPurple
Posted on 10/22/11 at 2:32 am to BlazinPurple
Blazin go take a pill, get laid, or both. You said it yourself, you are no land man. Not talking about production specifics, talking about the fact that if you own the land and they do more than just put a well on it then the prices go up, considerably in most cases. You think a person who has a few wells on his land gets the same as the one who has wells and a compressor station? How about those service roads they build?
This post was edited on 10/22/11 at 2:38 am
Posted on 10/22/11 at 2:41 am to Me4Heisman
quote:
Most of them probably didnt know where baton rouge was prior to 2003.
Where do you frickers come from? Seriously, are all you folk down there that ignorant? I hope like hell you aren't. S'port is solidly LSU country. Not sure if there is anymore but there was a chartered bus trip every home game. Used to go with the wife back in the late 80's and think it was organized by Hunter Huff.
I guess ignorant folk here bullshite and assume its reality.
Posted on 10/22/11 at 6:38 am to Jmoney318
quote:
Some people from BR are delusional about Shreveport
Can you blame them?
Posted on 10/22/11 at 6:45 am to Me4Heisman
quote:
The number of lsu fans in shreveport will nosedive if the cowboys can ever get back to the promised land.
Deys lot o ignant up in this thread.
I see more Saints stuff when I'm in S'port than I do in BR.
Posted on 10/22/11 at 7:12 am to RogerTheShrubber
Look here's the truth from a lifelong resident of NWLA. There are a great number of Tiger fans up here. However there are a great many more than there were before 2003. I have a great many facebook friends that I went to high school with in the 90s who made fun of me for rooting for LSU. Now all of their posts are geaux tigers and how big of fans they are.
There are bandwgon fans everywhere for any team that finds success. Look at the saints for gods sake.
What some of you are saying is true to a certain extent. But it is true everywhere.
And yes to me being an LSU fan was a helluva lot funner pre 2003 simply because of all the new rantards and bandwagonners.
There are bandwgon fans everywhere for any team that finds success. Look at the saints for gods sake.
What some of you are saying is true to a certain extent. But it is true everywhere.
And yes to me being an LSU fan was a helluva lot funner pre 2003 simply because of all the new rantards and bandwagonners.
Posted on 10/22/11 at 7:16 am to GonePecan
As for the comment about seeing more saints stuff in shreveport than cowboys stuff, you must have never visited the city pre-2009 or maybe even pre-2006.
Posted on 10/22/11 at 7:16 am to Lacour
wheres paul allen?
and yes, no one got $50k/acre for leasing rights. you need to visit the HS thread on the moneyboard.
eta "seems like a lot of la teams beat alabama"
and yes, no one got $50k/acre for leasing rights. you need to visit the HS thread on the moneyboard.
eta "seems like a lot of la teams beat alabama"
Posted on 10/22/11 at 7:19 am to DaddyGriff
It has been there for at least 4 years...you will notice the big purple wall which hides the well pad location...it started out small and has grown...lots of money in the Haynesville Shale$$$$$
Posted on 10/22/11 at 7:26 am to Clames
More like 3-5k an acre...lots of royalties though!
Posted on 10/22/11 at 7:40 am to LSUGUMBO
quote:
$50,000 an acre
Nobody got $50,000. I think one or two got $30,000 at the very peak. Those were few and far between. Keep in mind, though, that you could have bought some of this land for a couple of thousand an acre (at most) before the Haynesville leasing.
If you were drilled early and hit the prices at better than they are now, you might have also gotten a big slug of royalty. Keep in mind that the "leasing" dollars we are talking about are bonus money, paid just to get the lease. The landowner then gets royalty on the production from the unit. But no matter how you slice it, big landowners in the right place made tons of money, and some still are getting some pretty solid royalty checks.
Posted on 10/22/11 at 7:41 am to JudgeHolden
quote:
$50,000 an acre
People also made money selling water, which you need for fracing, selling rights of ways for pipelines, and for surface damages at drilling locations. Others probably made money supplying services, such as trucking.
Posted on 10/22/11 at 7:43 am to CAD703X
quote:
no one got $50k/acre for leasing rights. you need to visit the HS thread on the moneyboard.
I would take that with a grain of salt. Or maybe a grain of shale. People talk all sorts of crap, and it is in the landowners' interest to bid the prices up. If anybody ever got it, ain't nobody getting it now.
Posted on 10/22/11 at 7:44 am to Lacour
quote:
But it is true everywhere.
True dat.
Posted on 10/22/11 at 7:48 am to Clames
quote:
Not talking about production specifics, talking about the fact that if you own the land and they do more than just put a well on it then the prices go up, considerably in most cases. You think a person who has a few wells on his land gets the same as the one who has wells and a compressor station? How about those service roads they build?
That is true, but . . . I don't think those dollars are that big in the grand scheme of things. Every mineral owner in the unit shares in production proportionate to acreage, whether or not there is a well on the surface of that owner's land. You can also make some dollars letting the operator use your surface for production operations (such as compressors, tankage, flowlines, separators, etc.), although I think (notice I said I think) that is usually covered in the mineral lease.
Posted on 10/22/11 at 7:50 am to Celery
quote:
Guess I got ripped off.
No. You did pretty damn well. Remember that before the boom, $250 to $500 an acre was good money.
Posted on 10/22/11 at 8:18 am to JudgeHolden
His name is Scott Moran and he owns MORAN OIL CO.
He got mad bank.
He got mad bank.
Posted on 10/22/11 at 8:34 am to JudgeHolden
quote:
That is true, but . . . I don't think those dollars are that big in the grand scheme of things. Every mineral owner in the unit shares in production proportionate to acreage, whether or not there is a well on the surface of that owner's land. You can also make some dollars letting the operator use your surface for production operations (such as compressors, tankage, flowlines, separators, etc.), although I think (notice I said I think) that is usually covered in the mineral lease.
Surface damages are generally either negotiated in a separate deal, although some people will include it in the lease. They are normally between $3,000-$5,000/acre, a 1 time payment like the bonus. I don't think this price ever changed like the bonus did. I've been a landman in this area for 6 years, so I have a pretty good idea of what I'm talking about. It's not very likely at all that, even adding all the different payments up, that he got $50,000/acre. He probably made/is making MILLIONS in royalty payments, making his bonus payment a drop in the bucket, more than likely.
Posted on 10/22/11 at 11:13 am to JudgeHolden
A friend of mine works for a landman co so I'll get her to look it up so we can end all of the back and forth arguing.
Posted on 10/22/11 at 11:52 am to DaStain
quote:
JAMES E. MAURIN
James E. Maurin is one of the founders of Stirling Properties and currently serves as its chairman. In addition, Maurin recently served as the 2004-2005 chairman of the International Council of Shopping Centers (ICSC). He is currently a member of ICSC’s board of trustees, and previously he served as vice president of its Southern division and ICSC state director for Louisiana.
Maurin is a member of the Urban Land Institute (ULI), the World President’s Organization (WPO), The Committee of 100, Tulane University Business School Council, the LSU Foundation, the LSU Tiger Athletic Foundation (TAF), and the LSU E. J. Ourso College of Business Dean’s Advisory Council. With ULI, he serves as a member of the board of directors for ULI’s Louisiana District Council, and is a past chairman. Maurin currently serves as chairman of WPO’s Louisiana chapter. At LSU, he serves as Chairman of the Tiger Stadium Expansion Committee and a member of the TAF Advisory Board. He is also a member of the board of Ochsner Foundation Hospital in New Orleans.
Maurin earned a bachelor’s degree in aerospace engineering from LSU in 1970. He received an MBA from Tulane University in 1972 and began his career as a CPA with the international accounting firm of Ernst & Ernst. In 1975, with partner Roger Ogden, he began his career in real estate development founding the firm Maurin-Ogden, later changing the name to Stirling Properties.
He's a very nice guy, but, the last time I heard, he lives in Hammond, not Shreveport. This is probably a different Moran.
This post was edited on 10/22/11 at 11:57 am
Posted on 10/22/11 at 12:11 pm to Lacour
" Biggest game for Tech the last quarter century was a loss to LSU"I thought it would be the 2 wins over bama. And yes, LSU and the Saints , dominate the fan base there. Even Tech fans pull for the Tigers. I can remember watching LSU play Rice in Shreveport(1976). Years ago the Tigers played the hogs in s'port for several years
This post was edited on 10/22/11 at 12:15 pm
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