bagger
  • Male
  • Belmont, La
  • United States
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Pipeline right of way sabine/natchitoches parish
14 Replies

Started this discussion. Last reply by Belmont Boy May 2, 2010.

 

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How would you describe yourself?
Landowner

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At 16:07 on September 13, 2008, Rick said…
Bagger, thanks for the reply. I will continue to persue info from that area for my uncle.
As for your section, I am in a section that is being drilled in and I am still unleased. If a company decides to drill in your section, they will have to get a majority of the section to sign leases, then they will petition the state DNR in Baton Rouge and ask the commissioner to "force pool and unitize" the section and the landowners in your section should get a copy of the paperwork letting you know that they are about to force pool you. This allows them to proceed with clearing and site prep while continuing to try to sign you and others to leases. Check the Dept of Natural Resources Sonris site on the Government link on here every few days, if they get a permit to drill, it should be listed on there.

If you aren't offered an exceptable lease, you can refuse to sign but they can continue to work on a drilling location and prepare to drill and start the drilling process while continuing to try to sign you and any other unleased owners in the section. In my case, they went over 4 months from when a landman first contacted me until I heard from them again and the well was almost 2 months into the drilling process. You can sign a lease at any point during the process and the closer a well gets to completion, the more likey the lease may be favorable to you. I still have not signed and have not been made another offer, just notes from landmen asking me to call and that they MIGHT have a lease I would like.

If you or others you know get to the point that I am at, don't worry. You will eventually hear from them and the LA State codes give you certain rights as an unleased landowner, so you won't be left out. You might not get a big upfront bonus, but if they produce in your section, you will get revenue off the well, at 100% minus operating cost, instead of 20-25%. By state code, they have to report to you and let you know what the well will produce and what your portion is. DON'T let them scare you into signing a lease unless it's really a lease that is right for you and your land.
At 8:33 on September 11, 2008, Rick said…
Bagger, I see from your profile that you are in the Belmont area and I wanted to ask if you have heard of any recent offers down there? My uncle has land between Drew Lewings place and B.C. Isgitts place and some company has been trying to get them to sign for alot less than some of the people in 9N-11W got. I think the land is in 8N-11W but don't know the section number. It has to be closer to the Olympia Minerals well site that the land in 9N-11W. Any info you might have would be appreciated.
At 19:56 on August 5, 2008, rebecca messenger said…
haha ! On the PT comment!! He seems to have it out for me so u may be safe for awhile. He sure has been catching it from several people on the natchitoches topics site. I've had a hard time myself getting around on this site. The flare picture I had posted a few weeks back wasone I had taken of another local well, thinking it was a pretty neat pic I uploaded it to what I thought was my private page on the shale site & was trying to use it as the pic next to my name but a certain Snoop took it & claimed I posted it as the families well. So unTrue!!! Anyway I saw ur post & got a laugh out of it! Just had to find out who you were.
At 15:41 on July 28, 2008, BirdDawg, plain ole' idiot said…
Landmen can't talk to everyone in this vast area in a few months time. Don't deal with them if you do not want to. I hope you know where you can end up if you don't want to talk to them. But I wish you good luck.
At 11:04 on July 28, 2008, bagger said…
Are landmen and bigfoot the same person. Are they the children of the toothfairy? Do they remind you of unicorns?

You hear about them but nobody has ever seen one.
 
 
 

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