We have been approached about granting a sand and gravel lease on property on Thompson Creek (E Fel Par). Does anyone have an idea for the range of royalty amounts on frac sand? We haven't had a sand and gravel lease in 25 years.
Tags:
The offer we received was for $1/ton, which we think is very low. However, our adjacent landowner is receiving such amount. Apparently, his land does not have sufficient sand for the fracking operations.
Wyomingite, How does $2/ton compare to royalty on sand for local operations? The $1/ton royalty which is being proposed appears to be in line with royalty being paid for local operations in the Felicianas. I am wondering how your $2/ton offer compares to "standard" royalty in your area. Tom
Minden is a staging area for one of the frac sand companies. Don't recall which off the top of my head.
Not every type of sand will do for fracking wells. When you start meeting engineering specifications, the price should go up considerably, albeit adjusted for supply. See paragraph four below:
https://news.nationalgeographic.com/news/energy/2013/07/130703-wisc...
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…
ContinuePosted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40
386 members
27 members
455 members
440 members
400 members
244 members
149 members
358 members
63 members
119 members
© 2024 Created by Keith Mauck (Site Publisher). Powered by
h2 | h2 | h2 |
---|---|---|
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 |
Links |
Copyright © 2017 GoHaynesvilleShale.com