"Thanks, Skip! That makes sense. "
Benjamin Barr's Discussions
What is the meaning of a Unit Well?
2 Replies
Hello. I have just received notice that a well for which I have mineral rights is being utilized and designated as a unit well for what I am assuming is a new well. I'm not sure what that means. Will…Continue
Started this discussion. Last reply by Benjamin Barr Jun 20.
Mineral Rights Offer
6 Replies
I just received an offer of about $359K for my mineral rights in the Greenwood Waskom field, Section 4, 17N, 16W. There were two wells drilled back in 2009 or about and one recently completed last…Continue
Started this discussion. Last reply by Ryan Howrish Sep 22, 2023.
Benjamin Barr's Page
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Benjamin Barr posted a discussionWhat is the meaning of a Unit Well?
Hello. I have just received notice that a well for which I have mineral rights is being utilized and designated as a unit well for what I am assuming is a new well. I'm not sure what that means. Will we see royalties from that new well, or is our well just becoming part of something bigger and royalties will stay the same? Thanks in advance. See More
Ryan Howrish replied to Benjamin Barr's discussion Mineral Rights Offer"HI Benjamin,
I'll offer a few additional thoughts regarding your minerals. I am a 22 year reservoir engineer who has spent the last five years working the Haynesville play both at an operator and as a consultant. Your acreage is…"
Benjamin Barr replied to Benjamin Barr's discussion Mineral Rights Offer"Helpful as always, Skip. Thank you."
Benjamin Barr replied to Benjamin Barr's discussion Mineral Rights Offer"Skip -- The net royalty acreage is 89. I think the original lease said 25%, but I think they use .0076 and .01 for the two original wells. I am assuming if they come back and permit and dig three new wells (they have the slots planned?), that…"
Benjamin Barr posted a discussionMineral Rights Offer
I just received an offer of about $359K for my mineral rights in the Greenwood Waskom field, Section 4, 17N, 16W. There were two wells drilled back in 2009 or about and one recently completed last year. BP has applied for three more slots on our land, but have no permits or plans to do so. Anyone think this is a good idea? See More
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Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
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