June 2008 Blog Posts (13)

$Royalty Calculator$ ...just plug in the numbers

the website below has an easy to use "royalty payout" calculator


http://geology.com/royalty/

Added by RAY on June 29, 2008 at 7:24pm — No Comments

Oil & Gas Activity - Shreveport Times

Oil & Gas Activity - Shreveport Times (6/29/08)

http://www.shreveporttimes.com/apps/pbcs.dll/article?AID=/20080629/NEWS05/806290328/1064

Added by Les B on June 29, 2008 at 10:19am — 2 Comments

NATCHITOCHES: Hundreds attend Haynesville Shale forum

NATCHITOCHES -- There's one certainty concerning the Haynesville Shale and Natchitoches Parish: No one knows if the potentially-mammoth natural gas deposit even reaches that far.



That uncertainty didn't prevent more than 600 people from attending a Wednesday night information forum with representatives from the Louisiana Oil and Gas Association, a non-profit that represents the independent and service sectors of the oil and gas industry in Louisiana.



Residents of… Continue

Added by Anna Mauck-Member Services on June 27, 2008 at 1:51pm — 1 Comment

"Talk of the Town" radio show from 11:00 AM to 1:00 PM this Saturday

I got this in a e-mail from a person I met at the LSU meeting.

" Tom Pace was circulating after the meeting,
carrying a microphone around and trying to interview some of the
speakers. He plans to air a discussion on the Haynesville Shale Play on
his "Talk of the Town" radio show from 11:00 AM to 1:00 PM this Saturday
on 1340 AM. I've never heard his show before, but his take might prove
interesting."

I how this is of interest:)

Added by Duster on June 26, 2008 at 8:08pm — No Comments

Indigo to sell Louisiana properties to EnCana

CORRECTED - (OFFICIAL)-Indigo to sell Louisiana properties to EnCana

Wed Jun 25, 2008 11:48pm BST



(Company corrects to show acreage acquisition is in addition to last week's, not part of it)



CALGARY, Alberta, June 25 (Reuters) - Indigo Minerals LLC said on Wednesday it will sell some of its acreage in northwestern Louisiana to EnCana Corp (ECA.TO: Quote, Profile, Research) for $457 million, just over a week after EnCana announced its entrance into the hot exploration… Continue

Added by Keith Mauck (Site Publisher) on June 25, 2008 at 6:57pm — No Comments

Goodrich shares rise on acquisition, guidance

Looks like Goodrich is doing ok these days:

Goodrich shares soar to 52-week high on production news, acquisition of acreage

http://biz.yahoo.com/ap/080623/goodrich_mover.html?.v=1

Added by Anna Mauck-Member Services on June 24, 2008 at 8:30pm — No Comments

Haynesville Shale: The New It Shale

from Fort Worth Business Press



Operators: Louisiana’s Haynesville is the new it-shale



BY JOHN-LAURENT TRONCHE

June 16, 2008



googlebd5968765582ce2f.html

Spurred by the success of the Barnett Shale, many oil and gas companies are seeking new opportunities nationwide – and finding many, including one gas play next door.



In the past few months, two of the Barnett’s largest operators – XTO Energy Inc. and Chesapeake Energy Corp. – have announced… Continue

Added by Keith Mauck (Site Publisher) on June 18, 2008 at 4:00pm — No Comments

Oil Gas field names / Locations

Here is a little something that might help someone. a listing of oil gas fields and parishes. I reviewed the last two months of applications on the DNR website to see if any upcoming permits effected my area. I had to look at EVERY APPLICATION to find which one is in my parish. Hope this helps someone.
PS. Lots of forced pooling going on.

http://dnr.louisiana.gov/CONS/CONSEREN/hearings/pubhearings2008.htm
http://doingbetterthanaverage.com/fields.htm

Added by Duster on June 17, 2008 at 8:45pm — No Comments

Haynesville Shale: Helpful Stuff

Info taken from shreveporttimes.com



Stonewall resident Kassi Fitzgerald offers advice from her viewpoint as a landowner:



Limit the number of wells on your property.

Specify the distance from your home for drilling activities and placement of tanks.

Stipulate where access roads may be built.

Consider requiring fencing along the access road on your property.

Require prompt payment for damages to your home or property due to access, testing or drilling… Continue

Added by Keith Mauck (Site Publisher) on June 17, 2008 at 4:00pm — 6 Comments

royalty payments

It is important to specify how royalties are to be calculated and paid as well as insuring that you are given the right to have a third party auditor verify the records of the production from your wells.

Your royalty should be free of the costs of drilling and producing

Added by RAY on June 14, 2008 at 11:22am — 4 Comments

Very Interesting Report brought to my Attention





FROM OIL AND GAS INVESTOR



Haynesville Play 80% Leased; Bossier Expands Potential: Petrohawk’s Wilson

Article By Steve Toon

Published Jun 11, 2008 Print E-mail





Haynesville-shale player Petrohawk Energy Corp. is “well beyond” its last announced position of 150,000 acres in the play and overall leasing in the play is 80% complete, according to president and chief… Continue

Added by Cooter on June 12, 2008 at 6:57pm — No Comments

XTO is Ramping Up too

from www.oilvoice.com



XTO Energy Announces Acquisition of Hunt Petroleum Corporation

Tuesday, June 10, 2008





XTO Energy Inc. has entered into a definitive merger agreement with privately-held Hunt Petroleum Corporation and other associated entities for $4.186 billion. Consideration in the transaction includes $2.6 billion in cash and 23.5 million shares of XTO common stock valued at approximately $1.6 billion, or $67.50 per share. XTO Energy's internal engineers… Continue

Added by Keith Mauck (Site Publisher) on June 10, 2008 at 3:41pm — 3 Comments

My Pooling Questions to "AllExperts.com" and Answer per Frederick Scott CMM

At 6:41pm on June 7th, 2008, DrWAVeSport said…

Subject Forced Pooling per Haynesville Shale Play

Question I have read so much per forced pooling. I Live in Shreveport, LA...Approx. 90% of recent legal notices (6/17 thru 7/8) per LA Office of Conservation where O&Gs file applications, contain clauses of "force pooling" & "integrating of all separatly owned tracts, mineral leases, and other property interests...with each tract sharing in unit production on a surface acreage… Continue

Added by DrWAVeSport Cd1 on June 7, 2008 at 5:46pm — 3 Comments

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