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Message
re: Haynesville Shale
Posted on 8/11/08 at 10:10 pm to Simba
Posted on 8/11/08 at 10:10 pm to Simba
quote:
Haynesville Shale
The fact that the well bore is directly embedded in the shale (source rock) and not a sandstone,limestone,"et al" trap makes it an unconventional play.Unconventional means can be used to induce production(stage fraccing,horizontal,etc). Tertiary recovery is unconventional production (co2 injection).I guess anything that you did'nt see in "There will be Blood" is unconventional.I see a lot of mincing going on.
Point taken, but this was not standard clause. It was added as part of the addendum by an O&G lawyer. Ostensibly clauses like this exclude hard mineral mining (and perhaps mined oil shale)and the first part of the sentence would have accomplished that. And a following sentence specifically excludes hard minerals. So what is the purpose of the second part of the sentence "and then only such hydrocarbons that may be produced through conventional oil and gas drilling and production methods"? Just overkill?
And then every single thing I read about shale drilling and production is called (by oil and gas people) "unconventional". I hear you about "There Will Be Blood" but effective horizontal drilling is an innovation of very recent development.
I probably should just ask the author.
1
Posted on 8/11/08 at 10:22 pm to gingles
A play in shale is considered unconventional.As far as what unconventional drilling means,It may be more a question of what constitutes "conventional" drilling and that may be ultimately (and at some point in time I am sure it will be or has been)up to a judge.If you are in lease negotiations get an O/G lawyer,CYA, it's nothing to triffle with.
This post was edited on 8/11/08 at 10:33 pm
Posted on 8/11/08 at 11:05 pm to Simba
Just for gingles/giggles
I've been in lease negotiations on and off since my ol' man died in 81. Gas And Oil, many different companies. I've never been without mailbox money it seems. Sometimes more sometimes less.Never enough to quit my day jobs.Invariably, I always hired a top lawyer for my sister and I, we never could afford it but it was always the best money we ever spent.This site is a good resource but when the time comes and the you are ready to sign...bite the bullet and spend your money on a top lawyer.Just my2c.
I've been in lease negotiations on and off since my ol' man died in 81. Gas And Oil, many different companies. I've never been without mailbox money it seems. Sometimes more sometimes less.Never enough to quit my day jobs.Invariably, I always hired a top lawyer for my sister and I, we never could afford it but it was always the best money we ever spent.This site is a good resource but when the time comes and the you are ready to sign...bite the bullet and spend your money on a top lawyer.Just my2c.
This post was edited on 8/11/08 at 11:22 pm
Posted on 8/11/08 at 11:12 pm to Simba
Well said.
Posted on 8/12/08 at 3:01 pm to gingles
TigerDog83 or any of you other guys "in the patch":
Now that HK has "unitized" T17N R13W Sections 23 and 26 (two different units on the Red River south of Jimmie Davis Bridge), any idea how they are going to proceed? Will they go in and start putting in one well after another or just one in each section and leave? Any scuttlebutt would be appreciated.
Now that HK has "unitized" T17N R13W Sections 23 and 26 (two different units on the Red River south of Jimmie Davis Bridge), any idea how they are going to proceed? Will they go in and start putting in one well after another or just one in each section and leave? Any scuttlebutt would be appreciated.
Posted on 8/12/08 at 3:18 pm to bzss7x
I would like someone to explain exactly what is a unit in this play. Would it be equal to a section (640)?
Posted on 8/20/08 at 9:09 pm to rlp
quote:
I have a B.A. in English.
I would have never guessed based on your ramblings.
Elm Grove = Foster Campbell...
Posted on 8/21/08 at 2:58 pm to lukestar
Has anyone heard any news on the Messenger or Olympic Minerals wells?
Posted on 8/21/08 at 10:15 pm to cpl
Messenger is being frac'ed right now. Olympia Minerals has been completed.
Posted on 8/22/08 at 10:29 am to pittboss33
quote:
Messenger is being frac'ed right now
Does that mean anything about this particular wells potential?
quote:
Olympia Minerals has been completed
Where is the Olympia Minerals well.
Posted on 8/22/08 at 11:35 am to Pierre
I've glanced at a few posts this seems to be the most useful place to find information. I was just wondering if aynone kniew if residents in Benton who own there mineral rights will get the chance to lease them out aswell, or are we too far north? If so, anyone know how much we might be looking at per acre? I live on the south side of bentona cross the railroad tracks from the Parish courthouse if that helps. I'm sitting on about 7-8 acres. Any responses to this are greatly appreciated, thanks!
Posted on 8/22/08 at 1:55 pm to Ryadarr
If you want good info
check this site out
gohaynesvilleshale.com
check this site out
gohaynesvilleshale.com
Posted on 8/22/08 at 2:28 pm to Ryadarr
I'm in Rosedale and at our meeting last week Chesapeake's land leasing company told us they currently weren't offering anything 5 miles north of us.
Posted on 8/22/08 at 3:00 pm to LSU0358
shows how much I know, I thought Rosedale was WAY outside the area of the shale. That just totally blew everything I thought I knew about this out of the water. Grrr..
Posted on 8/22/08 at 3:05 pm to Ryadarr
Yeah evidently Rosedale between Bossier and Benton is as far north as Chesapeake thinks it is for now. This could change after drilling of course.
Posted on 8/22/08 at 3:08 pm to LSU0358
There are other poeple besides Chesapeake
This post was edited on 8/23/08 at 9:45 am
Posted on 8/22/08 at 3:40 pm to Checkmateking2
My inlaws have some property in Pleasant Hill, LA in Sabine Parish. There is all kinds of crazy stories going around about how much the lease's are from 4k-30k an acre. Anybody have any idea what is a realistice # for 80 acres in P Hill?
Posted on 8/23/08 at 9:43 am to lpsster
It would depend on the Olympia Minerals 26 and the Messenger wells, which rumour has it look pretty decent, there really isnt such thing as a going rate. Tons of factors come into play, latest gas price, size of acreage. Personally I would want at a minimum of 12-15 thousand acre, you never know you could do worse or better, just sit tight and see what happens.
This post was edited on 8/23/08 at 9:44 am
Posted on 8/23/08 at 5:03 pm to Checkmateking2
ok, i understand the 10-year rule which states mineral rights can only be reserved (held by the seller of surface property for 10 years, either from the date of sale or from the date of the last exploration activity or production of minerals from the land. if there is no mineral development on the property in that time period, the mineral rights then automatically transfer to the buyer.
we THOUGHT we bought mineral rights on our 5 acres but supposedly this is not true BUT we have lived on our property for 12 years now. you would think this applies. the land company i bought from just told me that we fall under the 10-year. but now someone else other than the land company says that apparently 50+ years ago my acreage was in an original tract of 900+ acres owned by a family that leased it for gas. supposedly, this gas well is still producing to this day and therefore makes our 10-year rule null & void. i have LOTS of questions regarding this. NO ONE so far seems to know who this original family is and whether they are still getting royalties. plus, if this land was sectioned off years ago for sale and this gas well is not even my section then what happens? can anyone help me?
we THOUGHT we bought mineral rights on our 5 acres but supposedly this is not true BUT we have lived on our property for 12 years now. you would think this applies. the land company i bought from just told me that we fall under the 10-year. but now someone else other than the land company says that apparently 50+ years ago my acreage was in an original tract of 900+ acres owned by a family that leased it for gas. supposedly, this gas well is still producing to this day and therefore makes our 10-year rule null & void. i have LOTS of questions regarding this. NO ONE so far seems to know who this original family is and whether they are still getting royalties. plus, if this land was sectioned off years ago for sale and this gas well is not even my section then what happens? can anyone help me?
Posted on 8/24/08 at 1:00 am to sweetcheeks426
Something similar happened to my grandparents years ago when they tried to sell there land with the mineral rights. Came to light that they never actually owned them in the first place, that the people that owned it 20 years befor them had already leased it to a company that has, and still is a producing gas well on the property. What it came down to is, as long as that well is producing, if its in the contract, the company can lease that land for as long as they want. Obviously if they stop making a profit on it they'll dump it, but thats what I THINK I remember from all that fuss it caused. Also in my grandparents case the company was allowed to lease the land for an additional 2 years even after all production on that well has ceased. I think it all just comes down to whats in the contract though, not completely sure. I dont have much knowledge in this area, just tryin to help.
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