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snakestewart
| Favorite team: | LSU |
| Location: | Doyline,La. |
| Biography: | |
| Interests: | |
| Occupation: | Spoon feed Cobras |
| Number of Posts: | 16 |
| Registered on: | 6/21/2008 |
| Online Status: |
Recent Posts
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re: Haynesville Shale
Posted by snakestewart on 1/11/09 at 10:12 pm to cwill
Petrohawk Announces Three New Haynesville Shale Wells Placed on Production at a Combined Rate of 73 Mmcfe/d
LINK
I hate that these guys didnt know what they were doing when they spent on average about $5,000 per acre.No telling how much they would have made.Oh well,since fuel will stay at $1.50 a gallon forever,they may never get a chance to recoupe their investments with there being no future whatsoever in N/G.
:rolleyes:
LINK
I hate that these guys didnt know what they were doing when they spent on average about $5,000 per acre.No telling how much they would have made.Oh well,since fuel will stay at $1.50 a gallon forever,they may never get a chance to recoupe their investments with there being no future whatsoever in N/G.
:rolleyes:
re: Haynesville Shale
Posted by snakestewart on 7/15/08 at 8:49 pm to TigerDog83
quote:
Sounds like your land must not be in a hot area for activity.
Well Dog , things sure can change fast. $20,000 + South east of me with PHK and my group hasn't even come to the table yet .Is 10 miles north east of Elm/G/P #63 considered hot area for activity ?
re: Haynesville Shale
Posted by snakestewart on 7/13/08 at 4:22 pm to CAD703X
( quote ) We signed for 4250/acre for a couple hundred acres; 3 year CLOSED 1/4. What are the odds we'll see a penny of well money? Are they really going to drill every single section they're tossing money out for? In 3 years is it possible our land goes back to being worth 100/acre again?
I don't have a crystal ball either but I certainly hope these guy's have enough info to be smart enough not to be throwing money like this around. If you think our economy is in the toilet right now , just wait until someone decides that the hopes of a nation, being more self reliant energy wise, has suddenly been flush down that the toilet !I am not sure the market could withstand such an announcment at this time.
All I got is hope ! Hope that my little piece of land will be able to afford me a little comfort in these trying days that are most certainly headed our way.I do not know what they are willing to pay , but rest assured I will be pushing the envelope twice as hard as they are pulling.I don't think they are stupid enough to give me more then my land is worth. Since I don't know what its worth and I can't take their word for anything , it puts me in quite the precarious position.Push push push until right about the time you need to stop.When someone figures that one out please give me a holler !
I don't have a crystal ball either but I certainly hope these guy's have enough info to be smart enough not to be throwing money like this around. If you think our economy is in the toilet right now , just wait until someone decides that the hopes of a nation, being more self reliant energy wise, has suddenly been flush down that the toilet !I am not sure the market could withstand such an announcment at this time.
All I got is hope ! Hope that my little piece of land will be able to afford me a little comfort in these trying days that are most certainly headed our way.I do not know what they are willing to pay , but rest assured I will be pushing the envelope twice as hard as they are pulling.I don't think they are stupid enough to give me more then my land is worth. Since I don't know what its worth and I can't take their word for anything , it puts me in quite the precarious position.Push push push until right about the time you need to stop.When someone figures that one out please give me a holler !
re: Haynesville Shale
Posted by snakestewart on 7/13/08 at 4:01 pm to justbill
quote:
miss out on a good deal due to greed !
As I have said on several occasions on other sites as well that I respect you, Mr.Pittman and do not consider you to be a H/S landman.You have been here far to long doing what you do to be classified as a jumping on the bandwagon type of guy.
Part of the problem you are having to deal with right now has been brought about by some of the rep's from your own industry and have been magnified by CEO's comments about what land will be worth in 2 - 3 years with 150bcf per section.
We don't fully understand how all this works but if caddo can get $30,000 and 30% why is my crap worth so little.When you hear the horror stories about what people feel has happened to them due to early signings it only perpetuates the distrust and fear of the people that do this job of securing leases for O&G .
Many of these newbies on the H/S play aren't doing you any great favors as I believe earlier on you said you had another 5 years to work.It will be difficult to say the least from here on out to prove we ain't Jed Clampet.That is basically what it is going to take.Proof, even then that will not suffice in some cases.
You will be forever ( 5 years worth anyway )paying for the sins of the newbies.It aint fair but as I have heard entirely too many times from guy's on your side of the fence.....Business is Business.
By the way Uncle Billy , you may have suffered through a bust but you sure do smell like a rich rose to me right now. :violin: Have a good one !
re: Haynesville Shale
Posted by snakestewart on 7/13/08 at 3:30 pm to Mythical
( Quote ) My family has 83 acres south of Castor, Louisiana in Bienville parish. It's about 4 miles from both Red River and Natchitoches parish. We heard someone in Martin was getting 8k.......
I would come much closer to believing the 8K an acre person and run like the dickens from your landman. If you find a super honest Haynesville Shale Landman , would you please post his picture as I for one , would love to see what one looks like :rotflmao:
I would come much closer to believing the 8K an acre person and run like the dickens from your landman. If you find a super honest Haynesville Shale Landman , would you please post his picture as I for one , would love to see what one looks like :rotflmao:
re: "Protests" in downtown Shreveport over Haynesville leases
Posted by snakestewart on 7/12/08 at 7:03 am to ksayetiger
(quote) in a way, i would love to see a couple dry holes, that would make all this very interesting
Hope you ain't wishing that on my place.It wouldn't be all that interesting to me. :wah:
Hope you ain't wishing that on my place.It wouldn't be all that interesting to me. :wah:
re: Haynesville Shale
Posted by snakestewart on 7/12/08 at 6:57 am to pittboss33
(QUOTE) It means the oil company only has rights to zones other than the HS. If someone else wanted to lease the HS for big bucks later, they could.
What happens when they reclass or combine the zones? Like J-W is trying to doin Desoto right now.What exactly could an operator accomplish by doing this? Thanks.
What happens when they reclass or combine the zones? Like J-W is trying to doin Desoto right now.What exactly could an operator accomplish by doing this? Thanks.
re: Haynesville Shale
Posted by snakestewart on 7/7/08 at 6:50 pm to ForeLSU
Hello ForeLSU, It sounds like it may be held by production with the existing wells on the place.Elm Grove Area is the newest super hotspot after PH drilled EGP #63 @ 16.8 MMCF per day.You can check out gohaynesvilleshale.com and ask questions over there.The crowd is not as informed ,for the most part ,as these guy's but there aren't as many a'holes over there either! OOOOPPPPSSSSS! I better go , I've got way less then 25 posts and I wouldn't want to upset the Tigerdropping godfathers of this site !
re: Haynesville Shale
Posted by snakestewart on 7/5/08 at 9:01 pm to animallover
It looks like Dogwood area is dropping out of the chase .
re: Haynesville Shale
Posted by snakestewart on 6/30/08 at 6:59 pm to The Duffer
Could anyone give me any advice or sense of direction regarding approximately 1,000 acres, south of I-20/south Webster parish, Sec. 8 and 9, T18N, R9W?
Hello, The South Webster Association of Mineral Owners is a no fee no percentage group of landowners comprised of mostly Webster folks but have acreage in several Parishes. If you are interested in trying to increase the amount of money you get to keep ,feel free , because it is free ,to e-mail us at SWAMO@yahoo.com
With the new PHK#'s @ Elm Grove Plantation #63 it is fixing to really start heating up. 16.8 MMCF per day with 5600lbs on 26/64" choke.
Hello, The South Webster Association of Mineral Owners is a no fee no percentage group of landowners comprised of mostly Webster folks but have acreage in several Parishes. If you are interested in trying to increase the amount of money you get to keep ,feel free , because it is free ,to e-mail us at SWAMO@yahoo.com
With the new PHK#'s @ Elm Grove Plantation #63 it is fixing to really start heating up. 16.8 MMCF per day with 5600lbs on 26/64" choke.
re: Haynesville Shale
Posted by snakestewart on 6/29/08 at 8:11 pm to TigerDog83
Thanks for your response.I was looking at a report titled : Louisiana Wellbore Completion Schematics and Formation Tops that showed the Eocene Claiborne Group at about 800' all the way down to Buckner (14,000)and Smackover(15,000).They showed the Top Cotton Valley @ 11,500' and Top Haynesville @ 12,000'. I assumed that for there to be a lower C.V. as is listed in The Times in O & G section that it would have to fall somewhere in between.That is what gave me the impression that they could be confused from a depth only analysis.I made a copy but it has been a couple of weeks and I dont know the URL as to its location online and I can't seem to figure out how to scan and attach it. :banghead: Thanks again for the response.Hopefully we as rookies are at least entertaining to you guy's. Have a Good Evening.
re: Haynesville Shale
Posted by snakestewart on 6/29/08 at 7:04 pm to pittboss33
quote:
A good indication of it being present is if XTO,HK,ECA,or CHK are leasing in the area and if bonuses are in the thousands.
XTO,......HK,......ECA,....CHK.. Yep!!!! Those are some of the same gentlemen that are over here still trying to lease in the hundreds.With such a small amount of depth separating Lower Cotton Valley and Upper Haynesville,exactly how do you differentiate between the two zones? Especially when you consider that the zone is deeper in some areas and that the Shale runs thick and thin throughout the Play.
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