prices for oil and gas leases in union parish?

is $125/acre with a 1/6 interest in production on a large tract laughable? have recently had this offer

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Permalink Reply by judy hastedt on July 16, 2010 at 13:09
75/3500,makesense?
Permalink Reply by shaleshaleshale on August 9, 2010 at 8:00
does anyone know if plum creek timber company has been approached to lease their land in union parish or the surrounding areas?
Permalink Reply by judy hastedt on August 19, 2010 at 8:43
good question!! somebody answer us.......judy
Permalink Reply by The_Baron on September 7, 2010 at 8:24
any new news
Permalink Reply by judy hastedt on September 7, 2010 at 11:21
i guess everybody's all signed up, as there isn't anything going on on this page. heard they are drilling in claiborne parish.
Permalink Reply by Tree Farmer on September 7, 2010 at 13:21
I believe you hit the nail on the head. I have leased my land so I am just waiting to see if they drill and if the wells are good ones.
Permalink Reply by Marc Stepman on September 7, 2010 at 13:44
I am glad to here you guys leased. No one has contacted me yet around Marion.
Permalink Reply by North LA on September 7, 2010 at 14:07
Judy,

I looked on sonris and I didn't see any smk horizontal wells being drilled in Claiborne parish. Now this is assuming that all the leasing in nw union parish is part of the brown dense leasing which I suspect it is since there is so much acreage getting leased in an area that hasn't seen any action like this since the 70s. The only horizontal brown dense well I know about so far is the Bussey well in Columbia county Arkansas.
Permalink Reply by treeman on September 9, 2010 at 8:34
what are the leases going for around Bernice and northeast of Bernice? Thanks
Permalink Reply by North LA on September 14, 2010 at 4:09
I have been offered 300/acre 18% 4/4 so far but I think there are others who have had better offers.
Permalink Reply by Larry on September 17, 2010 at 8:30
I was offered 300/acre 1/5 royalty 4/4 by pinebelt. WHAT YA'LL THINK?
Permalink Reply by judy hastedt on September 17, 2010 at 10:35
you done good. so did we.

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