Has anyone heard about Juraissac Shale in Desoto
Dion, I think you just did. However, in this instance, I think it acceptable to give a toot.
The lesson from the early days of the Haynesville land rush is simple and straight forward. Anyone who didn't perform basic due diligence regarding the areas of practice and the experience of an attorney often experienced less than favorable outcomes. As I, and many others, have said over and over on GHS, mineral issues and leasing require an attorney that has an extensive history of practicing mineral law. Anyone who goes out and hires a lawyer or firm that has no meaningful experience in that legal specialty is making a mistake. Not any attorney will do. An experienced O&G attorney is required.
Skip, & kittycatsmama
I have several leases in Sabine Parish. They are from the early "gold rush days" of the Haynesville Shale . I was fortunate enough to find a good, experienced O & G lawyer in Shreveport. He included depth and cost free clauses in the leases. But, I do not recall him offering any advice on the actual monetary aspects (signing bonus or royalty) of the leases. He left that to me and the landsman to negotiate. The leases were with Chesapeake, of course. He negotiated all of the other lease terms.
It is the prerogative of the mineral owner to have a qualified attorney negotiate on their behalf or to do so themselves with the attorney supplying an appropriate Exhibit page. O&G attorneys that get a lot of leasing work often know the terms that others have received and whether there are multiple companies competing for leases in a particular area. Competition leads to better lease terms.
I have found over time many Louisiana attorneys should not have passed the state bar exam, much less been admitted to law school in the first place. You have to weed them out. JMHO.
(no pun intended with the weed angle)
Most attorneys/law firms now have websites. If O&G/Energy is not listed as an "area of practice", keep looking. The challenge to finding a qualified O&G attorney is that those firms are a small fraction of legal practices and the ones with significant O&G practices often have operating companies as clients. They tend to stick to representing the industry and rarely agree to represent a mineral owner.
Is this the same as the "Brown Dense" Smackover - & - where would someone get a log that shows this "Jurassic Shale"??? - Thanks!
Don't be confused. The Haynesville Shale is the Jurassic shale in question. In fact, Encana formed drilling units for the Haynesville Shale that they designated Jurassic (JUR). There are plenty that you will run across in SONRIS. Over time, all the companies started using HA as the state's preferred formation abbreviation. The Jurassic and the Haynesville shales are one and the same.