Tuscaloosa Marine Shale | Page 14 | TigerDroppings.com

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RGV AG
Texas A&M Fan
Managua, Nicaragua
Member since Mar 2013
28 posts

re: Tuscaloosa Marine Shale


Does anyone on here have a decent and trusted landman that they might recommend? My family owns both surface and mineral property in Wilkinson, County MS. Right in the middle of the sweet spot of this deal, about 2 miles from the Horseshoe Hill well and a little further from the Crosby wells.

I have started straightening out the minerals and updating information and now have several parties wanting to purchase the mineral rights, which we are not going to sell. But I need to get some runoff's done and make direct contact with some of the interested leasing parties.

This whole deal might turn out to be interesting. But it is hard on us as we are in deep South Texas instead of being up around there.






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whodatigahbait
LSU Fan
Uptown
Member since Oct 2007
1297 posts

re: Tuscaloosa Marine Shale


quote:

Does anyone on here have a decent and trusted landman that they might recommend? My family owns both surface and mineral property in Wilkinson, County MS. Right in the middle of the sweet spot of this deal, about 2 miles from the Horseshoe Hill well and a little further from the Crosby wells.

I have started straightening out the minerals and updating information and now have several parties wanting to purchase the mineral rights, which we are not going to sell. But I need to get some runoff's done and make direct contact with some of the interested leasing parties.

This whole deal might turn out to be interesting. But it is hard on us as we are in deep South Texas instead of being up around there.


I can help out. Email me at

<- @gmail.com






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cwill
New Orleans Saints Fan
Member since Jan 2005
25799 posts

re: Tuscaloosa Marine Shale


You've got two players left - Encana and Goodrich...just call their offices and ask for the TMS Landman...tell him your story and you may get leased...don't lease to a Landman/lease flipper.





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RGV AG
Texas A&M Fan
Managua, Nicaragua
Member since Mar 2013
28 posts

re: Tuscaloosa Marine Shale


Thanks Cwill and Tigahbait!. I appreciate it. Thanks again.





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Nodust
LSU Fan
Member since Aug 2010
18870 posts

re: Tuscaloosa Marine Shale


quote:

several parties wanting to purchase the mineral rights

How would you get the mineral rights appraised. We were approached a few years ago, wasn't really interested at the time. We had no idea what it was worth.






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Nodust
LSU Fan
Member since Aug 2010
18870 posts

re: Tuscaloosa Marine Shale


quote:

Severance tax; reduce for 24 months for oil and gas produced from and after July 1, 2013, from horizontally drilled wells.


Dropping from 6% to 1.5%
quote:

(c) (i) The tax shall be levied and assessed at the rate of one and one-half percent (1.5%) of the value of the oil at the point of production on oil produced from a horizontally drilled well or from any horizontally drilled recompletion well from which production commences from and after July 1, 2013


Will this have a big impact?

Just wondering if this will be a really big impact and get well drilling activity to increase quickly.






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