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Started By
Message
Going rate for leasing land for exploratory drilling.
Posted on 9/23/16 at 3:02 pm
Posted on 9/23/16 at 3:02 pm
Company contacted my mom a few days ago. It's 16 acres total. We know nothing about this stuff. Just looking for info. Tia.
19
Posted on 9/23/16 at 3:03 pm to BOSCEAUX
Definitely doesn't depend on where the land is located.
Posted on 9/23/16 at 3:04 pm to BOSCEAUX
I did some exploratory drilling on your mom once.
Posted on 9/23/16 at 3:05 pm to BOSCEAUX
quote:
Company contacted my mom a few days ago. It's 16 acres total. We know nothing about this stuff.
Posted on 9/23/16 at 3:06 pm to Kafka
(no message)
This post was edited on 6/28/19 at 10:15 am
Posted on 9/23/16 at 3:06 pm to BOSCEAUX
Prepare your anus
Posted on 9/23/16 at 3:10 pm to BOSCEAUX
Do some research as best you can
Be sure of mineral rights
The best I can say is you should get paid for the land on the surface (to make the site), the land used to make a road to get to the site, and a percent of what is pulled out
When I was in the field in 2012, we did a land job in Carthage, TX
The owner of the land was set to make $50,000 a day by the projections of what they were supposed to pull out of the ground
Be sure of mineral rights
The best I can say is you should get paid for the land on the surface (to make the site), the land used to make a road to get to the site, and a percent of what is pulled out
When I was in the field in 2012, we did a land job in Carthage, TX
The owner of the land was set to make $50,000 a day by the projections of what they were supposed to pull out of the ground
Posted on 9/23/16 at 3:12 pm to BOSCEAUX
You bout to make bank son. New BR money. Welcome to the club.
Posted on 9/23/16 at 3:15 pm to BOSCEAUX
Probably about $20/ac for your area, or $47 million/ac for Central Park
Posted on 9/23/16 at 3:15 pm to BOSCEAUX
Without any relevant information, I'll guess $150/acre.
Posted on 9/23/16 at 3:16 pm to BOSCEAUX
Completely depends on where it is.
Posted on 9/23/16 at 3:17 pm to BOSCEAUX
Hire.
A.
Lawyer.
A.
Lawyer.
Posted on 9/23/16 at 3:17 pm to LSUweights
quote:
The best I can say is you should get paid for the land on the surface (to make the site), the land used to make a road to get to the site, and a percent of what is pulled out
When I was in the field in 2012, we did a land job in Carthage, TX
The owner of the land was set to make $50,000 a day by the projections of what they were supposed to pull out of the ground
The guy in question had a lot more than 16 acres. This I can tell you.
Posted on 9/23/16 at 3:17 pm to Clyde Tipton
quote:
Without any relevant information, I'll guess $150/acre.
got $5k an acre a few years ago before Chesapeake imploded
Posted on 9/23/16 at 3:18 pm to Percy Miller
quote:
I did some exploratory drilling on your mom once.
2nd post boom
Posted on 9/23/16 at 3:18 pm to 777Tiger
quote:
got $5k an acre a few years ago before Chesapeake imploded
You got it while the getting was good.
Posted on 9/23/16 at 3:19 pm to BOSCEAUX
Slightly under what your neighbor is willing to lease for.
Posted on 9/23/16 at 3:20 pm to burdman
quote:
You got it while the getting was good.
it was crazy here for a while, never got any production money or a reality tv show though
ETA: there were some people around here that got $20k/acre
This post was edited on 9/23/16 at 3:23 pm
Posted on 9/23/16 at 3:20 pm to Percy Miller
Solid 2nd post
Almost too good to be true
Alter
Almost too good to be true
Alter
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