Replies to This Discussion

Oil & Gas ProPermalink Reply by dbob on December 21, 2012 at 13:33

That unit is about 680 acres or so, with 28 tracts of varying sizes, from as little as 0.23 acres to over 174 acres (owned by the US of A).  How many mineral acres does your family hold in the unit?

Oil & Gas ProPermalink Reply by Two Dogs, Pirate on December 21, 2012 at 14:45

I wonder what the fed gov got for our 174 acres? Bet puddiney got a better deal.

Oil & Gas ProPermalink Reply by Two Dogs, Pirate on December 21, 2012 at 14:17

Why would you think race played a part in the deal you made with XTO?

Oil & Gas ProPermalink Reply by dbob on December 21, 2012 at 14:41

He might want to check out the calculator here:

http://www.gohaynesvilleshale.com/royalty-calculator

Oil & Gas ProPermalink Reply by dbob on December 21, 2012 at 14:24

One more comment - I'm pretty sure that well and completion cost well in excess of $10 million - I doubt anyone has seen payout who went unleased.  

Oil & Gas ProPermalink Reply by Two Dogs, Pirate on December 21, 2012 at 16:17

Jay, why do you think this  post doesn't sit well with you?