Replies to This Discussion

Permalink Reply by msfva on September 7, 2008 at 23:03

Bagger,
Keep on asking, to try to find out. Meanwhile, when you do find unleased landowners, talk to them about banding together. There is strength in numbers when you negotiate. But remember this: SWEPI is probably the most stingy of all the gas companies, when it comes to offering money for lease bonuses. You will have to work hard to get a fair price. Don't cave in. If you are unleased, and in a section that has been proposed for unitization, you are in the driver's seat. As Rick said (8 hours ago), they do not want to pay you 100% (minus costs); they want you to lease. Lease it for a fair price. I'd ask $30k/30%. That's cheaper to SWEPI than having to give you 100% (minus costs).

Permalink Reply by Two Dogs, Pirate on September 6, 2008 at 17:35

I would be careful of signing anything without the advise of an attorney.

Permalink Reply by Carolyn Ezernack on September 7, 2008 at 5:40

To anyone,
We received a letter from Liskow & Lewis also. What exactly does this mean? We
are in Section 4, Township 9, Range 12 West. What does it mean to be unitized?

Permalink Reply by Two Dogs, Pirate on September 7, 2008 at 6:38

The letter is to inform the landowners of the units. It shows the size, location etc of the units. If the company drills within the unit then all landowner under lease will receive royaltys if they are in the unit.

Permalink Reply by msfva on September 7, 2008 at 11:56

Two Dogs,
And the landowners who are not under lease will receive their share of production (minus costs), right?

Permalink Reply by Two Dogs, Pirate on September 7, 2008 at 12:12

If they choose to ride it down. If they are a strict enviornmentalist they will not take the tainted money from the killers of the Earth.

Permalink Reply by msfva on September 7, 2008 at 6:39

Carolyn_Ezernack,
Being unitized means that Shell wants to form a production unit for drilling. A production unit, for the Haynesville Shale, is 640 acres, or one section. All landowners in that section will share in the royalties (based upon their amount of acreage) from this unit.
Shell is required, by law, to propose, to the State, to form a unit. The letter you received is your notification that your section, Section 4, one that Shell is requesting for. After the State approves Shell's request, Shell still has to file permits for drilling. This will take time. Remember, that as of now, they have very few rigs (1 or 2?) in the area.
As far as all of you unleased landowners in 9N/12W, it's time to get organized, group together, and get some very good leases. As a start, find out who is still unleased in your area. Band together. The more acreage you can put together, the stronger your negotiations will be.
You all might want to contact Kassi Fitzgerald, from up in Stonewall. (She is on this web site as "Kassi.") She just wrapped up leading a coalition of 150 small landowners, and got them a good deal with very good protection of their land. She can advise you all on how to proceed. The main thing is patience. Do NOT rush into a bad deal. Take your time and do it right. You only get one opportunity to lease.
Good luck.

Permalink Reply by Dick Shuford on September 11, 2008 at 22:42

You know I have watched these letters come in concerning forming these different units. Although I am not trying to say that I am opposed to this, I do feel that the people of the area need to be more informed as to the future plans. If you'll notice, you are told that you can contact the attorney. I think that they really should be coming up here to give you the opportunity to discuss these applications. Actually I think the (Department of Natural Resources at 225-342-4500) expects them to so prior to any hearings. I am thinking that we may be getting a little hoodwinked. Anyway if you do not like the way the units are being done or have questions, you may want to write or call. This thing is forever.

Permalink Reply by Dick Shuford on September 12, 2008 at 12:09

I received a letter today from Liskow & Lewis pertaining of a proposed meeting in the Mansfield Courthouse on September 26th at 11:00. I would ask that folks to try to attend this meeting if possible. This is your opportunity to learn more of what is going on and maybe even correct things that may not be right

Permalink Reply by Tom Graves on September 14, 2008 at 16:24

I own 40 acres in Section 5, T9N, R12W. An old lease from 1958 is HBP and I understood my property was unitized back in the '60s for the existing oil production. Since the old lease made no restriction on production depth I assume that it continues in force for any potential gas production. I guess the earlier unit designation is still in effect.

Permalink Reply by Dixie on September 14, 2008 at 23:52

Thank you for this information.

Permalink Reply by ken hatcher on September 15, 2008 at 3:53

Looking at what has been unitized everyone should be aware (non leased) of how swepi will get from point a to point b. It appears some property's will not be accesible without entering other properties. Just something to keep in mind.

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