- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Tuscaloosa Marine Shale
Posted on 8/30/11 at 6:04 pm to LSU Fan Tylertown
Posted on 8/30/11 at 6:04 pm to LSU Fan Tylertown
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.
0
Posted on 9/10/11 at 12:28 pm to tigerpawl
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
Posted on 9/10/11 at 12:59 pm to crawfishcharlie
quote: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.
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
Posted on 9/13/11 at 5:22 am to rmc
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.
Posted on 9/13/11 at 8:43 am to fishfighter
Damn, take the free money for Christ's sake.
Posted on 9/13/11 at 10:19 am to thedice20
That's the kind of thinking that these companies hope for from uneducated rural people, it's far from "free money".
Posted on 9/13/11 at 2:20 pm to Beerinthepocket
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.
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.
Posted on 9/13/11 at 3:48 pm to Beerinthepocket
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.
Posted on 9/13/11 at 4:03 pm to tigerpawl
quote:
Reality check for TMS: Hydraulic Fracturing Issues
I was going to say the same thing. Hard to frac.
Posted on 9/13/11 at 4:35 pm to TigerDog83
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 shite
This post was edited on 9/13/11 at 4:37 pm
Posted on 9/14/11 at 6:30 am to tigerpawl
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.
Also you might want to visit sonris.com to stay current on O&G activity.
Posted on 9/14/11 at 9:06 am to thedice20
quote:
So yea if you are offered 200 dollars an acre and 22% free ORRI gettin paid for having land situation.
Take that shite
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.
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.
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 1:58 pm to tigerpawl
Awesome link. 
Posted on 9/14/11 at 2:03 pm to TigerDog83
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.
Posted on 9/14/11 at 2:14 pm to fishfighter
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?
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 9/14/11 at 2:17 pm
Posted on 9/14/11 at 2:26 pm to Interception
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.
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.
Page 2 of 14
Popular
Back to top
Follow TigerDroppings for LSU Football News