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re: Tuscaloosa Marine Shale
Posted on 12/11/11 at 1:56 am to MarshBangin
Posted on 12/11/11 at 1:56 am to MarshBangin
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 on 12/11/11 at 8:51 am to bulldog95
quote: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.
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.
Also nice to see Oil Prices at $100+...
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