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re: Tuscaloosa Marine Shale

Posted on 12/11/11 at 1:56 am to
Posted by bulldog95
North Louisiana
Member since Jan 2011
20728 posts
Posted on 12/11/11 at 1:56 am to
haynesville shale we got $20,000 an acre, 25% royalty before cost, 3 yr lease with 2 yr option after that. This was in southern caddo parish in 2008.

Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22359 posts
Posted on 12/11/11 at 8:51 am to
quote:

haynesville shale we got $20,000 an acre, 25% royalty before cost, 3 yr lease with 2 yr option after that. This was in southern caddo parish in 2008.
Coffee talk has it that Haynesville speculators didn't really know what they had until 25-30 wells were completed. Then all hell broke loose. It appears that the TMS is approaching that level now. Haynesville-like lease rates are still light years away for TMS mineral owners, but encouraging to see some parallels in the early evolution of the play.

Also nice to see Oil Prices at $100+...
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