T13 R10 Sec 27: (North Red River Perish) I have been following all this for weeks now. I have 3 acres and my father has 6. We want to sign in 30-60 days and get $20,000 per acre at 25-27% . We heard we are in a hot area. (Our nieghbor has gas seeping out of the ground) We may also what to join with others. Most everyone around us has signed last month for 4K-6K and they just issued permits and forced pooling 2 mi east of us. Wish us luck.
They had an area of ground that would never dry out. Somehow they think/heard/foundout it was gas. ( Sounds like a spring to me) but I got this info second hand from my mother who lives across the street from my nieghbor.
Has anyone received a monthly royalty check or heard of the estimated amount? Just curious with the price of Nat. gas going up what people are receiving from the haynesville shale per acre on monthly royalty?
Dont think anyone knows yet because no one has got anything yet. I am wondering about the town of Greenwood though. Have not heard much talk about Greenwood area. Did hear of one person turning down 8k an acre. Anyone hear anything about Greenwood area.
As 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