Oil & Gas Pro

Azul Operating, LLC begins Haynesville Development

The company has followed up their first Field Order with their first Permits to Drill.  Also reports of Azul making lease offers in other sections.

Organization Id Organization Name
A9566 AZUL OPERATING, LLC
Cnt Well Serial Well Name Well Num Status Class Class Type API Number Org ID Field ID Permit Date Sec-Town-Rng Parish LUW Association
1 253684 HA RA SU53;WALKER 7&6-10-10 H 001 01 17069205110000 A9566 4319 24-AUG-22 007-10N-10W 35 GO TO LUW INFO 20387
2 253685 HA RA SU53;WALKER 7&6-10-10 H 002-ALT 01 17069205120000 A9566 4319 24-AUG-22 007-10N-10W 35 GO TO LUW INFO 22019

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Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on August 28, 2022 at 2:39

Bill, you have a somewhat unique situation at this point in the play.  As I posted, your township has three active operators.  Competition is always beneficial for mineral owners considering lease offers.

Since all operators want to drill long lateral wells, you and your neighbors are in great position to bargain with all three operators.  Section 17 to your north and Section 29 to your south are not developed.  I would expect that all three operators would like to have those three sections.  If you want to have a cooperative effort among unleased mineral owners, I would concentrate on 17 &29.  If there are sufficient unleased acres in those three sections, you would have a great advantage by working together.  Good luck.

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