Indigo making aggressive offers to purchase mineral rights. - GoHaynesvilleShale.com2024-03-28T23:47:53Zhttps://gohaynesvilleshale.com/forum/topics/indigo-making-aggressive-offers-to-purchase-mineral-rights?commentId=2117179%3AComment%3A3944461&x=1&feed=yes&xn_auth=noAgree... been there and done…tag:gohaynesvilleshale.com,2021-09-09:2117179:Comment:39949152021-09-09T23:26:11.441ZBill Rhttps://gohaynesvilleshale.com/profile/BillR
<p>Agree... been there and done that.... nothing in the County Records yet, no Deeds filed.</p>
<p>Really does not matter to me, I will not sell no matter what anyway... but the fact the offers are flying is catching my eye... keep anticipating something breaking loose at some point! </p>
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<p>And I agree, Seller beware! </p>
<p>Agree... been there and done that.... nothing in the County Records yet, no Deeds filed.</p>
<p>Really does not matter to me, I will not sell no matter what anyway... but the fact the offers are flying is catching my eye... keep anticipating something breaking loose at some point! </p>
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<p>And I agree, Seller beware! </p> To get an idea if these offer…tag:gohaynesvilleshale.com,2021-09-09:2117179:Comment:39948132021-09-09T23:15:54.811ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>To get an idea if these offers are for real, I suggest you ask if they have made other purchases that can be verified by deeds filed in the public records. It is a simple process to use online internet access to view instruments filed in the public records of a county or parish. If the companies are legit and have made other acquisitions, that should be evidenced in the public records. If not then either they haven't made any purchases or this is some kind of bait and switch operation. …</p>
<p>To get an idea if these offers are for real, I suggest you ask if they have made other purchases that can be verified by deeds filed in the public records. It is a simple process to use online internet access to view instruments filed in the public records of a county or parish. If the companies are legit and have made other acquisitions, that should be evidenced in the public records. If not then either they haven't made any purchases or this is some kind of bait and switch operation. Seller beware.</p>
<p></p> That is also what several of…tag:gohaynesvilleshale.com,2021-09-09:2117179:Comment:39948122021-09-09T23:09:00.193ZBill Rhttps://gohaynesvilleshale.com/profile/BillR
<p>That is also what several of the offers for our holdings are... a request to purchase our land and minerals outright... and at well above actual value. And as you and others have said, the $$$$ is excessive, especially when compared to other offers. Some of the Holdings are quite small, under 50 acres and others are for some large sections. </p>
<p>That is also what several of the offers for our holdings are... a request to purchase our land and minerals outright... and at well above actual value. And as you and others have said, the $$$$ is excessive, especially when compared to other offers. Some of the Holdings are quite small, under 50 acres and others are for some large sections. </p> Does seem particularly strang…tag:gohaynesvilleshale.com,2021-09-09:2117179:Comment:39950002021-09-09T21:18:29.400ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Does seem particularly strange considering the quite small acreage and the fact that the ownership is in undivided interest.</p>
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<p>Does seem particularly strange considering the quite small acreage and the fact that the ownership is in undivided interest.</p>
<p></p> Bill, an increase in offers t…tag:gohaynesvilleshale.com,2021-09-09:2117179:Comment:39949112021-09-09T21:13:19.448ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Bill, an increase in offers to purchase Haynesville Shale minerals has been obvious from the calls and emails I have been receiving for going on two plus months now. Since I follow national media on natural gas, it was not a surprise. Natural gas is back in favor largely because it is seen as having a longer productive life span than oil. The increase in demand globally has been wide spread from pipeline volumes to Mexico to an increase in demand for LNG. Companies that acquire mineral…</p>
<p>Bill, an increase in offers to purchase Haynesville Shale minerals has been obvious from the calls and emails I have been receiving for going on two plus months now. Since I follow national media on natural gas, it was not a surprise. Natural gas is back in favor largely because it is seen as having a longer productive life span than oil. The increase in demand globally has been wide spread from pipeline volumes to Mexico to an increase in demand for LNG. Companies that acquire mineral rights are now focused on natural gas with an emphasis on Haynesville/Bossier reserves due to low transportation costs owing to close proximity to multiple end users and another twenty-five to thirty years of recoverable reserves.</p>
<p>As to those played out wells, if they are the original unit well then they are holding somewhere around another five to eleven future (LA) wells that will likely be even more productive because of high intensity frac designs. Since Texas drilling units are configured differently its harder to predict the number of future wells per unit there.</p>
<p>For those who are interested in selling some or all of their mineral rights, this would be a good time to do so. I have advised a number of clients with large holdings that they should sell some portion of their rights every time the value spikes with the aim to be completely divested in the next ten to fifteen years. Beyond that time frame it is impossible to know where national energy policy may take us.</p>
<p></p> The offer is for outright pur…tag:gohaynesvilleshale.com,2021-09-09:2117179:Comment:39948052021-09-09T21:04:29.634ZBabs Dunn Millwardhttps://gohaynesvilleshale.com/profile/BabsDunnMillward
<p>The offer is for outright purchase of the land not just mineral rights. It struck me as so excessive that it raised suspicions. </p>
<p>The offer is for outright purchase of the land not just mineral rights. It struck me as so excessive that it raised suspicions. </p> Skip - Could this be part of…tag:gohaynesvilleshale.com,2021-09-09:2117179:Comment:39947522021-09-09T20:31:54.313ZBill Rhttps://gohaynesvilleshale.com/profile/BillR
<p>Skip - Could this be part of the sudden increase in request to purchase interest that we have been seeing in San Augustine, Shelby and Rusk Counties as well? I had someone again call early in the morning here (05:00 A.M.) about my Family interest Production Wells and Interest in Quirk (A-35), E.M. Hagler (A- 449), M.C. Flourney (A-556), SPRR (A-607), SPRR (A-555), I&GRN RR (A-341) and SPRR (A-261) in San Augustine. All of these offers started last month and offers are becoming more…</p>
<p>Skip - Could this be part of the sudden increase in request to purchase interest that we have been seeing in San Augustine, Shelby and Rusk Counties as well? I had someone again call early in the morning here (05:00 A.M.) about my Family interest Production Wells and Interest in Quirk (A-35), E.M. Hagler (A- 449), M.C. Flourney (A-556), SPRR (A-607), SPRR (A-555), I&GRN RR (A-341) and SPRR (A-261) in San Augustine. All of these offers started last month and offers are becoming more aggressive, frequent and increasing in dollar offer amount. </p>
<p>I Have started getting additional offers on other Wells, including some we believed to have been played out years ago, so I assume something is going to start happening in the near future... or someone is really rolling the dice out there! </p> The basic answer as to what i…tag:gohaynesvilleshale.com,2021-09-09:2117179:Comment:39949902021-09-09T18:41:28.578ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>The basic answer as to what is going on in your area is that the same is going on in many areas of the Haynesville/Bossier fairway. There are no public record indications on the intent to drill any new wells in Section 18 at this time. Both Vine and GEP Haynesville have been active in the area, are currently drilling wells in the township and there are plenty of older producing Haynesville wells to provide an idea of the rock quality. It's a good area to own minerals.</p>
<p>Indigo has…</p>
<p>The basic answer as to what is going on in your area is that the same is going on in many areas of the Haynesville/Bossier fairway. There are no public record indications on the intent to drill any new wells in Section 18 at this time. Both Vine and GEP Haynesville have been active in the area, are currently drilling wells in the township and there are plenty of older producing Haynesville wells to provide an idea of the rock quality. It's a good area to own minerals.</p>
<p>Indigo has sold their interests to Southwestern Energy so it may be a while before we get an idea of how aggressive of a drilling program they will have. Section 19 to the immediate south is/was an Indigo operated unit so the two line up nicely for the type of long lateral horizontal wells that all operators currently prioritize. It is impossible to know the value of minerals without knowing the terms in a lease especially the royalty fraction. An offer of $10,500 for less than an acre of mineral rights doesn't sound right even if the seller had a quarter royalty. The price is way out of the ball park and the interest is so small. This would be high even if there were one or more current well permits including Section 18.</p>
<p></p> Have an undivided interest in…tag:gohaynesvilleshale.com,2021-09-09:2117179:Comment:39948982021-09-09T17:56:56.821ZBabs Dunn Millwardhttps://gohaynesvilleshale.com/profile/BabsDunnMillward
<p>Have an undivided interest in about 13 acres (with no access) in Sec 18, 9/12, Sabine Parish (Mitchell area). One of the owners has been offered $10,500 for his interest which I estimate to be at most a 1/15th. This seems high to me and am wondering what is going on in the area to make this kind of offer realistic. </p>
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<p>Have an undivided interest in about 13 acres (with no access) in Sec 18, 9/12, Sabine Parish (Mitchell area). One of the owners has been offered $10,500 for his interest which I estimate to be at most a 1/15th. This seems high to me and am wondering what is going on in the area to make this kind of offer realistic. </p>
<p></p> Renee:
As Skip aptly notes -…tag:gohaynesvilleshale.com,2020-10-27:2117179:Comment:39444612020-10-27T22:12:37.773ZDion Warr, CPLhttps://gohaynesvilleshale.com/profile/DionWarr
<p>Renee:</p>
<p>As Skip aptly notes - I've been more out than in on GHS as of late. I did note your friend request and accepted. Please feel free to message me.</p>
<p>Renee:</p>
<p>As Skip aptly notes - I've been more out than in on GHS as of late. I did note your friend request and accepted. Please feel free to message me.</p>