Phelps Unit - GoHaynesvilleShale.com2024-03-29T05:16:23Zhttps://gohaynesvilleshale.com/forum/topics/phelps-unit?groupUrl=sanaugustine&commentId=2117179%3AComment%3A3138931&x=1&feed=yes&xn_auth=noThankstag:gohaynesvilleshale.com,2013-11-06:2117179:Comment:31389312013-11-06T22:06:44.752ZJWDhttps://gohaynesvilleshale.com/profile/WadeDuck
<p>Thanks</p>
<p>Thanks</p> The data has been migrated to…tag:gohaynesvilleshale.com,2013-11-06:2117179:Comment:31389772013-11-06T21:44:39.315Zjffree1https://gohaynesvilleshale.com/profile/jffree1
<p>The data has been migrated to the Lease ID #270453.</p>
<p>The data has been migrated to the Lease ID #270453.</p> Speaking of the Chinaberry. …tag:gohaynesvilleshale.com,2013-11-06:2117179:Comment:31387322013-11-06T20:48:40.465ZJWDhttps://gohaynesvilleshale.com/profile/WadeDuck
<p>Speaking of the Chinaberry. I have been able to get production reports up until this month. Have been using Pending, District 6, 740653. This month I got this message. </p>
<table class="GroupBox1" width="75%">
<tbody><tr><td><ul>
<li><font class="warning">Message #1011: No Matching Results</font></li>
</ul>
<p><font class="warning">Any ideas??</font></p>
</td>
</tr>
</tbody>
</table>
<p>Speaking of the Chinaberry. I have been able to get production reports up until this month. Have been using Pending, District 6, 740653. This month I got this message. </p>
<table class="GroupBox1" width="75%">
<tbody><tr><td><ul>
<li><font class="warning">Message #1011: No Matching Results</font></li>
</ul>
<p><font class="warning">Any ideas??</font></p>
</td>
</tr>
</tbody>
</table> Bill - My family has royalty…tag:gohaynesvilleshale.com,2013-10-26:2117179:Comment:31271072013-10-26T15:44:03.056ZRon Chttps://gohaynesvilleshale.com/profile/RonC
<p>Bill - My family has royalty interest in the Alexander Unit. My mother received a document a month ago requesting SS# and signature from EOG. Can only assume that was the D.O. since I didn't see it. No check yet. I guess EOG has had difficulty contacting and settling with all the parties involved.</p>
<p>Bill - My family has royalty interest in the Alexander Unit. My mother received a document a month ago requesting SS# and signature from EOG. Can only assume that was the D.O. since I didn't see it. No check yet. I guess EOG has had difficulty contacting and settling with all the parties involved.</p> Finally got Royalty payments…tag:gohaynesvilleshale.com,2013-10-19:2117179:Comment:31201062013-10-19T03:23:32.458ZBill Rhttps://gohaynesvilleshale.com/profile/BillR
<p>Finally got Royalty payments on Phelps and Chinaberry.... nothing from Alexander yet... anyone getting anything on Alexander yet?</p>
<p>Finally got Royalty payments on Phelps and Chinaberry.... nothing from Alexander yet... anyone getting anything on Alexander yet?</p> If you are referring to the J…tag:gohaynesvilleshale.com,2013-10-05:2117179:Comment:31081112013-10-05T23:14:31.867Zjffree1https://gohaynesvilleshale.com/profile/jffree1
<p>If you are referring to the James Lime well EOG permitted, it was approved back in November. It does have a 'no-perf' zone in the lateral and they applied for an exception to SWR rule 37 so they could have the NPZ removed. That application was rejected so the NPZ is still in place. The well has not been drilled.</p>
<p>If you are referring to the James Lime well EOG permitted, it was approved back in November. It does have a 'no-perf' zone in the lateral and they applied for an exception to SWR rule 37 so they could have the NPZ removed. That application was rejected so the NPZ is still in place. The well has not been drilled.</p> As I recall from looking at R…tag:gohaynesvilleshale.com,2013-10-05:2117179:Comment:31081032013-10-05T22:03:37.600ZGeorge Smithhttps://gohaynesvilleshale.com/profile/ChinaberryVentures
As I recall from looking at RRC site several months ago they withdrew the drilling permit application for McSwain shortly after filing the initial app
As I recall from looking at RRC site several months ago they withdrew the drilling permit application for McSwain shortly after filing the initial app Could someone help me out wit…tag:gohaynesvilleshale.com,2013-10-05:2117179:Comment:31077152013-10-05T14:33:53.347ZJR in VAhttps://gohaynesvilleshale.com/profile/JRinVA
<p>Could someone help me out with information...I am trying to find out more about the McSwain well which is adjacent to the Phelps well. I am having trouble locating a lease id and any production numbers.</p>
<p>It looks like there was some sort of snag in the drilling permit process, but I'm not sure what happened. </p>
<p> </p>
<p>Thanks in advance,</p>
<p>JR</p>
<p>Could someone help me out with information...I am trying to find out more about the McSwain well which is adjacent to the Phelps well. I am having trouble locating a lease id and any production numbers.</p>
<p>It looks like there was some sort of snag in the drilling permit process, but I'm not sure what happened. </p>
<p> </p>
<p>Thanks in advance,</p>
<p>JR</p> FYI: per EOG division orders…tag:gohaynesvilleshale.com,2013-09-21:2117179:Comment:30945672013-09-21T22:05:58.872ZJR in VAhttps://gohaynesvilleshale.com/profile/JRinVA
<p>FYI: per EOG division orders for the Phelps Unit the following landowners have not been reached and should contact EOG:</p>
<p><font size="4">William Paul Whitton</font><br/><font size="4">Kerry King Whitton</font><br/><font size="4">Lisa Diane Whiteside</font><br/><font size="4">Carol McKinley Whiteside</font> <br/><font size="4">Wesley Holt</font><br/><font size="4">Mary Kay Squyres Moss</font></p>
<p>FYI: per EOG division orders for the Phelps Unit the following landowners have not been reached and should contact EOG:</p>
<p><font size="4">William Paul Whitton</font><br/><font size="4">Kerry King Whitton</font><br/><font size="4">Lisa Diane Whiteside</font><br/><font size="4">Carol McKinley Whiteside</font> <br/><font size="4">Wesley Holt</font><br/><font size="4">Mary Kay Squyres Moss</font></p> Wade:
These super wells come…tag:gohaynesvilleshale.com,2013-09-12:2117179:Comment:30811052013-09-12T18:12:07.133ZGoshDarnhttps://gohaynesvilleshale.com/profile/GoshDarn
<p><strong>Wade:</strong></p>
<p><strong>These super wells come in at very high IP's. And this one's IP was darn good, too. And then the monthly production was way, way high, too.</strong></p>
<p><strong>But please realize that these high volumes tend not to last for too very long, if history is a barometer.</strong></p>
<p><strong>With my family's super wells in Bossier Parish, the high volumes sort of continue to pay quite well for the first six months or so . . . yet there tends to be a…</strong></p>
<p><strong>Wade:</strong></p>
<p><strong>These super wells come in at very high IP's. And this one's IP was darn good, too. And then the monthly production was way, way high, too.</strong></p>
<p><strong>But please realize that these high volumes tend not to last for too very long, if history is a barometer.</strong></p>
<p><strong>With my family's super wells in Bossier Parish, the high volumes sort of continue to pay quite well for the first six months or so . . . yet there tends to be a steady decline down. That's how NG wells deplete.</strong></p>
<p><strong>Ergo, a conservative guesstimate would be that within a year's time, if not sooner, you'll be seeing way lower volumes, unless this is some sort of exceptional well.</strong></p>
<p><strong>Anyway, congrats on a wonderful royalty. The more acreage your family owns in the unit the better.</strong></p>
<p><strong>Still, you need to realize that such a well will decline fairly rapidly . . . and within a few years, it will begin its graph into a much lower-volume flat line, i.e., much, much lower . . . which means that a landowner needs to be realistic and realize that the fat beau coup royalty comes and goes. It tends not to last.</strong></p>
<p><strong>So save your money and only spend it when the check, or direct deposit, clears the bank. Plus, do not assume the big checks will keep coming for too many years.<br/></strong></p>
<p><strong>Hey, good luck on the alternate unit wells . . . whenever such new drilling/production becomes profitable for the operator. But that might be yet another big unknown.</strong></p>
<p><strong>Finally, enjoy the rewards of whatever family ancestor/s invested their blood, sweat, and labor to acquire the farmland all those many years ago, if that's what, in fact, happened.</strong></p>
<p><strong>Best of luck to you. </strong></p>