Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on December 9, 2014 at 9:30

Updated 12/9.

Permalink Reply by Richard Dickerson on December 10, 2014 at 8:48

Which of the above Tangipahoa TMS units are the Verberne 46H-1 (1375 boe), Williams 46H-1 (1000 boe), and the Kent 41H-1 (drilling) located in?

Permalink Reply by Skip Peel - Mineral Consultant on December 10, 2014 at 14:08

Verberne 46H is the unit well for TMS RA SUC in the Little Silver Creek Field.  The Williams 46H and the Kent 41H are non-unitized.  They are Lease wells as opposed to Unit wells.

Permalink Reply by Kevin Raybourn on December 11, 2014 at 0:36

What would be the difference in Unitized and Non Unitized wells when it comes to Mineral Owners ???

Permalink Reply by Skip Peel - Mineral Consultant on December 11, 2014 at 2:48

A lease well (non-unitized) pays only those mineral owners within the spacing boundary of the well. A unit well pays all the mineral owners within the unit bounday. For example, a 640 acre unit may have wells with minimum spacing of 80 acres. All mineral owners in the unit would receive royalty on all wells up to a maximum of 8.

The well name is the easiest means to determine the associated unit. Example, TMS RA SUC;Verberne 46H #1. I feel sure that the Williams 46H #1 and the Kent 41H #1 will eventually be unitized but they are permitted and drilled as lease wells. When their unit applications are approvrd, the names will change to include the unit designation. I'm out of town and don't have my spreadshheet. I'd have to review it to know which unirt application cooresponds to which well. The number in the well name is the section number of the well surface location. You could use that and the township/range to search the unit plats linked above.

Permalink Reply by Skip Peel - Mineral Consultant on December 11, 2014 at 4:14

You can use these links to review the plats for both wells and compare them to the unit plats.

Williams 46H #1

http://ucmwww.dnr.state.la.us/ucmsearch/UCMRedir.aspx?url=http%3a%2...

Kent 41H #1

http://ucmwww.dnr.state.la.us/ucmsearch/UCMRedir.aspx?url=http%3a%2...

Permalink Reply by Kevin Raybourn on December 12, 2014 at 16:28

  What would be the reasoning for drilling a lease well and not getting unitized....is it because they couldn t get everyone leased and participating ??

Permalink Reply by Kevin Raybourn on December 13, 2014 at 2:32

Looking at theWilliams Plat...There are landowner names with Goodrich name with theirs on the map and some without the Goodrich name ....Are these the ones in the spacing boundry that you spoke of  ????

Permalink Reply by Skip Peel - Mineral Consultant on December 12, 2014 at 16:30

Could be but more likely the unit is applied for but not yet approved.

Permalink Reply by Kevin Raybourn on December 13, 2014 at 2:05

So if  this unit has not been approved yet, all of the mineral owners will not see royaltys until it is Unitized ???? Or do I mis understand ???

 

Permalink Reply by Skip Peel - Mineral Consultant on December 13, 2014 at 3:12

The unit would be approved before the well was completed and turned to sales so stop worrying about mineral owners in the unit getting paid.  I know the Greens.  Your suppositions are incorrect.  Forget the rumors.

Permalink Reply by Kevin Raybourn on December 13, 2014 at 5:12

ok

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