I live off Benton Road, North of I220 and just across the tracks toward the River levy. Residents along Rebouche Road have been known to sign leases for $5,000 per acre/.25%/3yr/2yr opt. This was last week. I was offered the same and I needed to "think about it." I am aware of signings off Airline Drive north of 220 for $11,000 per acre with a well site just south of "The Reserve" across from entrance to Lakewood. Are there any other offers in this area?

Views: 316

Replies to This Discussion

Another meeting for Carriage Oaks area folks will be held on July 10th at 6pm at Carriage Oaks Church of Christ (Shed Rd @ Hickory Ridge)
Airline Baptist Church, which is a few miles north of 220 on Airline just agreed to lease for 16K per acre with .25 royalties.
Good morning Johnson, who did they lease with?
I'll try to find out....didn't hear. It was just announced to the church members last night and I wasn't there. Wife told me about it.
well, your wife was wrong....I'm on the o/g committee at ABC and we didn't get 16,000 per acre....that's how rumors get started.
Thanks for that info Johnson. Are you aware of lease payments or activity near Benton Rd, north of I-220?
Airline Baptist is on Airline North of 220....so not too far away.
How far north of 220? That is my ahem, stomping ground.

Randy
Red River is leasing for Chesapeake along Benton Road north of I220. $4,000 to $5,500 per acre with .25 royalties. They're about all done.
How far north of I220?
KFLY,
How far north of I-220? I live about 4 miles north of I-220 off of Airline Drive. T19N-R13W. How far North has the offers go?
VSP, I live about the same distance north of I220, but off Benton Rd. I leased mine 2 1/2 yrs ago. They plan to drill for Cotton Valley gas. I'm wondering if Haynesville Shale extends that far. No drilling or production yet in my area (section 19), same T19N R13W as you. I've read that churches along Airline have leased up about as far as Brownlee Rd and along Benton Rd to near Rebouche Rd.

RSS

Support GoHaynesvilleShale.com

Not a member? Get our email.

Groups



© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service