Leasing questions
Nothing about the Haynesville Shale play seems to be normal.I recently was talking to a landowner in my area.He told me that two companies were already contacting him about leasing his land. The only catch to this is all leases arround us were done before the play boom. They are for the same terms which don't end till Dec. I didn't really belive him till I started to be contacted. Is this normal that a company would put out money before they know the other company is going to do something brfore the lease terminates and what is the catch if any.Is it possible for a company to create a unit, get a permit,and drill in this short period of time.
Views: 32
Replies to This Discussion
-
Permalink Reply by Skip Peel - Mineral Consultant on -
TW. It sounds as if you are describing "top leases" and top leasing is not unusual nor unique to the Haynesville Shale Play. The companies offering the top leases are betting that your current lessee can not or will not drill a well to hold their existing lease.
-
Permalink Reply by THOMAS WALKER on
-
I been around the oil fields all my life and I have never seen anything like the last three yrs here in this area.This site is very imformative and i read it several times a day just trying to keep up with what's going on. Thank You all for the input.
-
Permalink Reply by Skip Peel - Mineral Consultant on
-
Thomas. Depending on the location of your minerals and the details of the offer, a top lease may be an option worth considering. You're welcome.
Support GoHaynesvilleShale.com
Top Content
Blog Posts
The Lithium Connection to Shale Drilling
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
Not a member? Get our email.
Groups
-
San Augustine, TX
386 members
-
Miller County, Arkansas
27 members
-
Sabine Parish, LA
455 members
-
South Caddo Parish Group
440 members
-
Natchitoches Parish
400 members
-
Bienville Parish, LA
244 members
-
Fayetteville Shale
149 members
-
North Caddo Parish
358 members
-
Central Texas Gas
63 members
-
Cass County, TX
119 members
© 2024 Created by Keith Mauck (Site Publisher).
Powered by
