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CHK reportedly had an average of $400/acre total leasehold acquisition costs in the Utica Shale.
Steve, You may want to talk with Leslie Ligon, He deals with a lot of leases for the large land owners in that area. You my friend, should be in the hot spot, They are drilling right on top of you, The Hurst property is very close to you and right across the Amite River also.
Thomas,
Is that the Hurst property that some company drilled a Tuscaloosa vertical well on (Not TMS) a year or so ago? I think I remember something about that. Was not sure about the outcome of that well; did not follow it that closely.
I think the well is still pumping. there are several well's in that area, and across the river in St. Helena Parish, Along the Amite River.
I'd second the recommendation of Leslie Ligon. He knows the area well and should have a pretty good understanding of what's going on.
Edit: I'd also add that Skip's advice throughout this thread is 100% on-point.
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
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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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