Replies to This Discussion

Permalink Reply by The_Baron on January 28, 2009 at 9:07

Possible downside for mineral owners: land is HBP by only a few wells and developed slowly. Upside: more chances to share in production of a monster well.

I have not had much experiance with Toledo bend, but if what was said above is true, and much of these sections is underwater, this could be a way to keep surface locations onshore in the same unit as the entire lateral..... Just speculation....

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Permalink Reply by kane on February 9, 2009 at 9:49

These units seem to border the lake; they may allow bigger units along the lake because of the lack of a dry drilling location. A barge rig makes these wells not economical plus too much drilling in the lake.

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Permalink Reply by Micheal Wright on January 28, 2009 at 9:43

I would be very interested in leasing your mineral rites , If you could give me more info I would be happy to converse with you my email is landbrokerscorp@gmail.com- info needed --parish and section -- and if you own 100% of mineral rites..
Thanks Micheal Wright

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Permalink Reply by NUDOG on January 28, 2009 at 9:33

If i am understanding this correctly there will be no lease bonus for unleased land holders and Eagle can stop someone else from coming in and leasing your land.

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Permalink Reply by Sandstone on January 28, 2009 at 9:39

They may offer a lease bonus. Until a well is drilled and producing, you can still lease to anyone.

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Permalink Reply by Two Dogs, Pirate on January 28, 2009 at 9:51

Nudog, you can lease to whoever you want to lease to. Eagle has a lease from Blackstone Minerals et al on what looks like over 13,000 acres of International Paper Co. property in various sections in T8N-R14W, T9N-R14W, T9N-R15W, T10N-R14W and T10N-R15W.

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Permalink Reply by Sandstone on January 28, 2009 at 10:00

Where have you been Two puppies - I have been struggling here!! LOL
Thanks Two Dogs, Pirate...

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Permalink Reply by Two Dogs, Pirate on January 28, 2009 at 10:05

Sandstone, I have been behind the computer trying to cure land title problems just south of these units that Eagle formed.

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Permalink Reply by Sandstone on January 28, 2009 at 10:15

Are you kidding me?????????? Stay with it!! I feel the ground shaking - landmen/women must be running!!!

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Permalink Reply by NUDOG on January 28, 2009 at 9:49

Thanks Sandstone for that information. Makes me feel better. Please excuse my ignorance in all of this!!!!

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Permalink Reply by Sandstone on January 28, 2009 at 10:33

You are welcome. Everyone is ignorant about this at some time or the other. I don't know very much myself but can usually get answers.

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Permalink Reply by Sandstone on January 28, 2009 at 11:03

I don't know about 29. It doesn't seem to be included in Shell's unit. You might post that question on Sabine Parish board and someone there may have gotten a letter when they formed the unit or remember what was included.

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