southern
XTO and Exco are the only operators I expect to see drilling Shelby for Haynesville and neither are in a great hurry. BP could show up but I don't expect them to anytime soon. The nearer you are to the county line... the better your odds but I don't expect to see a lot of drilling in the next couple of years.
Division Orders 40530553 RED RIVER 164-PHILLIPS ALLOC
DOs came in mail Saturday 07-18-2015.
As drilled 7055' total - Red River 164 5320' 75.408%, Phillips 1735' 24.592%.
Proposed lateral was 8565'
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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