Has anyone received any offers to drill for natural gas/minerals? We received an offer to drill on 80 acres with a bonus of $1500/acre and 25% royalty for three years. We currently receive royalty payments from other wells drilled on contiguous land that we own next to the 80 acres. So there are producing wells in the area, but we have not signed any new leases in 8 years and the terms back then were much lower.
Any info would be much appreciated.
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What area of Bienville Parish is this?
thanks
There are three horizons being developed in Bienville. If it is Haynesville Shale then generally 16N-9W and 15N-9W. If east from there it could be XTO drilling Gray Sand. If east and north it could be Tanos drilling Hosston. Hopefully Pat will help us out with a s-t-r location.
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GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…
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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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