2018 Leasing Activity- San Augustine County, TX - GoHaynesvilleShale.com2024-03-28T10:56:44Zhttps://gohaynesvilleshale.com/forum/topics/2018-leasing-activity-san-augustine-county-tx?groupUrl=sanaugustine&commentId=2117179%3AComment%3A3716337&groupId=2117179%3AGroup%3A100973&feed=yes&xn_auth=noThanks for information/educat…tag:gohaynesvilleshale.com,2018-07-13:2117179:Comment:37183742018-07-13T01:34:28.426ZChloehttps://gohaynesvilleshale.com/profile/Chloe724
<p>Thanks for information/education !</p>
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<p>Thanks for information/education !</p>
<p></p> A surface location is the pad…tag:gohaynesvilleshale.com,2018-07-12:2117179:Comment:37179852018-07-12T13:25:20.787ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>A surface location is the pad where a well is drilled from and where the hydrocarbons being produced, gas or oil, are brought to the surface and connected to tanks or a pipeline. In the age of horizontal drilling many times the surface location is not even located in the producing unit. It is slightly outside the unit boundary.</p>
<p>Commingling refers to the mixing of hydrocarbons from two different formations or from separate units usually in a pipeline or treating facility. It can…</p>
<p>A surface location is the pad where a well is drilled from and where the hydrocarbons being produced, gas or oil, are brought to the surface and connected to tanks or a pipeline. In the age of horizontal drilling many times the surface location is not even located in the producing unit. It is slightly outside the unit boundary.</p>
<p>Commingling refers to the mixing of hydrocarbons from two different formations or from separate units usually in a pipeline or treating facility. It can create a problem with allocating producing and royalty and requires the permission of the regulatory authority. Things have already changed especially since 2008 but may just be coming onto your radar.</p>
<p>Downspacing is a term for a company decreasing the distance between wellbores often requiring regulatory approval. A company may drill 4 wells in a drilling unit and then determine that those wells did not recover all the reserves possible. So they request to be able to drill more wells in the same formation.</p>
<p></p> Is (surface location) that th…tag:gohaynesvilleshale.com,2018-07-12:2117179:Comment:37178832018-07-12T06:50:36.530ZChloehttps://gohaynesvilleshale.com/profile/Chloe724
<p>Is (surface location) that then what the term "commingling" comes from.. or I am way off ?</p>
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<p>From what I read things will be changing alot from how things were done in the past and how things will be done in the future.. meaning laws etc.. sure do not want to get caught up in a legal issue.. ... or the rug pulled over me ! </p>
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<p>Cummingling and downspacing are new terms... for me</p>
<p>Is (surface location) that then what the term "commingling" comes from.. or I am way off ?</p>
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<p>From what I read things will be changing alot from how things were done in the past and how things will be done in the future.. meaning laws etc.. sure do not want to get caught up in a legal issue.. ... or the rug pulled over me ! </p>
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<p>Cummingling and downspacing are new terms... for me</p> Something about them did not…tag:gohaynesvilleshale.com,2018-07-12:2117179:Comment:37178792018-07-12T04:07:40.284ZBill Rhttps://gohaynesvilleshale.com/profile/BillR
<p>Something about them did not sound right... wanted to know too many questions about things that a Landman would already know... and above all else - DID NOT SPEAK WITH A SOUTHERN ACCENT!</p>
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<p>Something about them did not sound right... wanted to know too many questions about things that a Landman would already know... and above all else - DID NOT SPEAK WITH A SOUTHERN ACCENT!</p>
<p></p> Got another call from Texas a…tag:gohaynesvilleshale.com,2018-07-12:2117179:Comment:37179612018-07-12T04:04:20.536ZBill Rhttps://gohaynesvilleshale.com/profile/BillR
<p>Got another call from Texas about an hour ago (22:18 hours Central time) about our holdings - didn't want to discuss leasing, not a Landman, but wanted to purchase all holdings at a fairly high dollar...</p>
<p>Never heard of them - Said he was the Frontman with Texas Allied Holdings? They look like a legit company from a quick search with an offer of $18K per mineral acre. Anyone heard of them?</p>
<p>Still said "no"... however it does make me wonder what the sudden interest to generate…</p>
<p>Got another call from Texas about an hour ago (22:18 hours Central time) about our holdings - didn't want to discuss leasing, not a Landman, but wanted to purchase all holdings at a fairly high dollar...</p>
<p>Never heard of them - Said he was the Frontman with Texas Allied Holdings? They look like a legit company from a quick search with an offer of $18K per mineral acre. Anyone heard of them?</p>
<p>Still said "no"... however it does make me wonder what the sudden interest to generate that price was for and if we are going to see an upswing to justify it? </p> Yes she does. Julie has been…tag:gohaynesvilleshale.com,2018-07-09:2117179:Comment:37166782018-07-09T17:42:15.746ZJWChttps://gohaynesvilleshale.com/profile/none
<p>Yes she does. Julie has been very helpful to us in the past.</p>
<p>Yes she does. Julie has been very helpful to us in the past.</p> You're welcome, JWC. Julie k…tag:gohaynesvilleshale.com,2018-07-09:2117179:Comment:37163372018-07-09T14:00:46.527ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>You're welcome, JWC. Julie knows more about E TX Haynesville development than anyone I know in the business. She deserves to be referred to anyone who needs help with mineral titles, leases or sales.</p>
<p>You're welcome, JWC. Julie knows more about E TX Haynesville development than anyone I know in the business. She deserves to be referred to anyone who needs help with mineral titles, leases or sales.</p> Thanks Skip. I know jffree1…tag:gohaynesvilleshale.com,2018-07-09:2117179:Comment:37165202018-07-09T13:57:39.680ZJWChttps://gohaynesvilleshale.com/profile/none
<p>Thanks Skip. I know jffree1 is very familiar with the area in San Augustine that we own mineral interests in. Information y'all provide is very helpful.</p>
<p>Thanks Skip. I know jffree1 is very familiar with the area in San Augustine that we own mineral interests in. Information y'all provide is very helpful.</p> Blackstone is a mineral compa…tag:gohaynesvilleshale.com,2018-07-09:2117179:Comment:37166022018-07-09T13:46:15.314ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Blackstone is a mineral company. They acquire mineral rights and then look to do a deal with an operating company that will drill and manage the wells. Blackstone was able to accumulate a lot of acreage in the southern reach of the Haynesville Fairway (E TX) because of large mineral holdings acquired from timber companies. Blackstone's original Haynesville JV was with Encana. When Encana left Blackstone started working with XTO. I suspect that Blackstone is looking to expand their…</p>
<p>Blackstone is a mineral company. They acquire mineral rights and then look to do a deal with an operating company that will drill and manage the wells. Blackstone was able to accumulate a lot of acreage in the southern reach of the Haynesville Fairway (E TX) because of large mineral holdings acquired from timber companies. Blackstone's original Haynesville JV was with Encana. When Encana left Blackstone started working with XTO. I suspect that Blackstone is looking to expand their acreage as there is interest from two E&P companies with deep pockets, XTO (ExxonMobil) and BP (British Petroleum). There are some areas of LA and E TX that were never developed for Haynesville/Bossier strictly owing to the financial distress of the original companies. New companies and new well designs are allowing operators to make a decent profit even at low NG prices. There will be some efforts to expand the proven area of the Haynesville Basin. In doing so, some land owners will see new or renewed interest in leasing.</p>
<p>What Chloe is talking about is an offer to purchase mineral rights, not a lease. Blackstone doesn't own all the minerals in certain units or areas where new units may be formed. Blackstone's focus is on owning the mineral rights. It will be XTO or BP or one or more land companies working for them that will be offering leases.</p>
<p></p> So some mineral companies mig…tag:gohaynesvilleshale.com,2018-07-09:2117179:Comment:37163322018-07-09T13:31:06.624ZJWChttps://gohaynesvilleshale.com/profile/none
<p>So some mineral companies might be trying to get enough acreage to put a drilling program together then turn to Blackstone and XTO or some other drilling company to do the drilling. Is that why we are seeing some lease offers in areas that weren't leased during the initial boom? Thanks Skip.</p>
<p>So some mineral companies might be trying to get enough acreage to put a drilling program together then turn to Blackstone and XTO or some other drilling company to do the drilling. Is that why we are seeing some lease offers in areas that weren't leased during the initial boom? Thanks Skip.</p>