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Permalink Reply by Gertie on September 20, 2008 at 16:58

I also received a letter from Seitel Data stating the same thing. My land is currently not leased, so I'm confused as to why they would want to conduct a seismographic survey.

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Permalink Reply by jlarry on September 20, 2008 at 17:47

Some O&G company has hired them to run a seismic survey to determine the potential of oil and gas. This could be a good thing if they get positive results. Might lead to a lease offer. Not sure what the going rate would be in your area.

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Permalink Reply by keb on September 20, 2008 at 18:01

What if they don't get positive results? would you then be left out, so to speak?

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Permalink Reply by SNETX on September 21, 2008 at 2:19

Located in Shelby County

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Permalink Reply by SNETX on September 21, 2008 at 2:47

There is an active well less than a half a mile from our property. It's the Sample well. From what I understand it's big time. We also have a capped gas well on our property. We're in the Stricklan survey if that helps. Thanks for replying to my post.

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Permalink Reply by Les Bamburg on September 21, 2008 at 3:55

SNETX, generally initial offers are $15 an acre for access but I believe some people in other areas have received up to $30 per acre.

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