New leasing in San Augustine - GoHaynesvilleShale.com2024-03-29T11:49:26Zhttps://gohaynesvilleshale.com/forum/topics/new-leasing-in-san-augustine?commentId=2117179%3AComment%3A4031026&feed=yes&xn_auth=noYou're welcome. Good luck.
tag:gohaynesvilleshale.com,2022-07-31:2117179:Comment:40313562022-07-31T21:50:47.826ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>You're welcome. Good luck.</p>
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<p>You're welcome. Good luck.</p>
<p></p> Thanks Skip. That’s going to…tag:gohaynesvilleshale.com,2022-07-31:2117179:Comment:40314282022-07-31T21:21:11.862ZMikehttps://gohaynesvilleshale.com/profile/Mike94
<p>Thanks Skip. That’s going to help. </p>
<p>Thanks Skip. That’s going to help. </p> $1500/acre is pretty much top…tag:gohaynesvilleshale.com,2022-07-31:2117179:Comment:40313462022-07-31T17:19:11.279ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>$1500/acre is pretty much top of market as far as bonus offers go currently play wide. I'm fine with that as long as lease offers include a quarter royalty. If your area is indeed "de-risked", the royalty will be significant long term revenue long after the bonus is gone. I suggest those considering a lease get some expert assistance to determine if they have some negotiating leverage and to draft a protective and beneficial Exhibit A to the lease. It's just good to see new leasing…</p>
<p>$1500/acre is pretty much top of market as far as bonus offers go currently play wide. I'm fine with that as long as lease offers include a quarter royalty. If your area is indeed "de-risked", the royalty will be significant long term revenue long after the bonus is gone. I suggest those considering a lease get some expert assistance to determine if they have some negotiating leverage and to draft a protective and beneficial Exhibit A to the lease. It's just good to see new leasing occurring and the play fairway expanding or getting infill interest. Yes, $8 gas will do that but $8 gas will not last. LNG demand should however maintain prices considerably higher than what we've see the last few years. I would gladly take the 2014 average for the next several years.</p>
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<div id="nymex_table" style="margin-top: 60px; margin-bottom: 60px;"><div class="google-visualization-table" style="xg-p: relative; z-index: 0; max-width: 100%; max-height: 100%; width: 100%; height: 100%;"><div style="xg-p: relative; overflow: auto; max-width: 100%; max-height: 100%; width: 100%; height: 100%;"><table class="google-visualization-table-table" style="width: 100%; height: 100%;" cellspacing="0">
<thead><tr class="google-visualization-table-tr-head"><th class="google-visualization-table-th gradient">Month</th>
<th class="google-visualization-table-th gradient">2014</th>
<th class="google-visualization-table-th gradient">2015</th>
<th class="google-visualization-table-th gradient">2016</th>
<th class="google-visualization-table-th gradient">2017</th>
<th class="google-visualization-table-th gradient">2018</th>
<th class="google-visualization-table-th gradient">2019</th>
<th class="google-visualization-table-th gradient">2020</th>
<th class="google-visualization-table-th gradient">2021</th>
<th class="google-visualization-table-th gradient">2022</th>
</tr>
</thead>
<tbody><tr class="google-visualization-table-tr-even"><td colspan="1" class="google-visualization-table-td">Jan</td>
<td colspan="1" class="google-visualization-table-td">4.407</td>
<td colspan="1" class="google-visualization-table-td">3.189</td>
<td colspan="1" class="google-visualization-table-td">2.327</td>
<td colspan="1" class="google-visualization-table-td">3.930</td>
<td colspan="1" class="google-visualization-table-td">2.738</td>
<td colspan="1" class="google-visualization-table-td">3.642</td>
<td colspan="1" class="google-visualization-table-td">2.158</td>
<td colspan="1" class="google-visualization-table-td">2.467</td>
<td colspan="1" class="google-visualization-table-td">4.024</td>
</tr>
<tr class="google-visualization-table-tr-odd"><td colspan="1" class="google-visualization-table-td">Feb</td>
<td colspan="1" class="google-visualization-table-td">5.557</td>
<td colspan="1" class="google-visualization-table-td">2.866</td>
<td colspan="1" class="google-visualization-table-td">2.189</td>
<td colspan="1" class="google-visualization-table-td">3.391</td>
<td colspan="1" class="google-visualization-table-td">3.631</td>
<td colspan="1" class="google-visualization-table-td">2.950</td>
<td colspan="1" class="google-visualization-table-td">1.877</td>
<td colspan="1" class="google-visualization-table-td">2.760</td>
<td colspan="1" class="google-visualization-table-td">6.265</td>
</tr>
<tr class="google-visualization-table-tr-even"><td colspan="1" class="google-visualization-table-td">Mar</td>
<td colspan="1" class="google-visualization-table-td">4.855</td>
<td colspan="1" class="google-visualization-table-td">2.894</td>
<td colspan="1" class="google-visualization-table-td">1.711</td>
<td colspan="1" class="google-visualization-table-td">2.627</td>
<td colspan="1" class="google-visualization-table-td">2.639</td>
<td colspan="1" class="google-visualization-table-td">2.855</td>
<td colspan="1" class="google-visualization-table-td">1.821</td>
<td colspan="1" class="google-visualization-table-td">2.854</td>
<td colspan="1" class="google-visualization-table-td">4.568</td>
</tr>
<tr class="google-visualization-table-tr-odd"><td colspan="1" class="google-visualization-table-td">Apr</td>
<td colspan="1" class="google-visualization-table-td">4.584</td>
<td colspan="1" class="google-visualization-table-td">2.590</td>
<td colspan="1" class="google-visualization-table-td">1.903</td>
<td colspan="1" class="google-visualization-table-td">3.175</td>
<td colspan="1" class="google-visualization-table-td">2.691</td>
<td colspan="1" class="google-visualization-table-td">2.713</td>
<td colspan="1" class="google-visualization-table-td">1.634</td>
<td colspan="1" class="google-visualization-table-td">2.586</td>
<td colspan="1" class="google-visualization-table-td">5.336</td>
</tr>
<tr class="google-visualization-table-tr-even"><td colspan="1" class="google-visualization-table-td">May</td>
<td colspan="1" class="google-visualization-table-td">4.795</td>
<td colspan="1" class="google-visualization-table-td">2.517</td>
<td colspan="1" class="google-visualization-table-td">1.995</td>
<td colspan="1" class="google-visualization-table-td">3.142</td>
<td colspan="1" class="google-visualization-table-td">2.821</td>
<td colspan="1" class="google-visualization-table-td">2.566</td>
<td colspan="1" class="google-visualization-table-td">1.794</td>
<td colspan="1" class="google-visualization-table-td">2.925</td>
<td colspan="1" class="google-visualization-table-td">7.267</td>
</tr>
<tr class="google-visualization-table-tr-odd"><td colspan="1" class="google-visualization-table-td">Jun</td>
<td colspan="1" class="google-visualization-table-td">4.619</td>
<td colspan="1" class="google-visualization-table-td">2.815</td>
<td colspan="1" class="google-visualization-table-td">1.963</td>
<td colspan="1" class="google-visualization-table-td">3.236</td>
<td colspan="1" class="google-visualization-table-td">2.875</td>
<td colspan="1" class="google-visualization-table-td">2.633</td>
<td colspan="1" class="google-visualization-table-td">1.722</td>
<td colspan="1" class="google-visualization-table-td">2.984</td>
<td colspan="1" class="google-visualization-table-td">8.908</td>
</tr>
<tr class="google-visualization-table-tr-even"><td colspan="1" class="google-visualization-table-td">Jul</td>
<td colspan="1" class="google-visualization-table-td">4.400</td>
<td colspan="1" class="google-visualization-table-td">2.773</td>
<td colspan="1" class="google-visualization-table-td">2.917</td>
<td colspan="1" class="google-visualization-table-td">3.067</td>
<td colspan="1" class="google-visualization-table-td">2.996</td>
<td colspan="1" class="google-visualization-table-td">2.291</td>
<td colspan="1" class="google-visualization-table-td">1.495</td>
<td colspan="1" class="google-visualization-table-td">3.617</td>
<td colspan="1" class="google-visualization-table-td">6.551</td>
</tr>
<tr class="google-visualization-table-tr-odd"><td colspan="1" class="google-visualization-table-td">Aug</td>
<td colspan="1" class="google-visualization-table-td">3.808</td>
<td colspan="1" class="google-visualization-table-td">2.886</td>
<td colspan="1" class="google-visualization-table-td">2.672</td>
<td colspan="1" class="google-visualization-table-td">2.969</td>
<td colspan="1" class="google-visualization-table-td">2.822</td>
<td colspan="1" class="google-visualization-table-td">2.141</td>
<td colspan="1" class="google-visualization-table-td">1.854</td>
<td colspan="1" class="google-visualization-table-td">4.044</td>
<td colspan="1" class="google-visualization-table-td">8.687</td>
</tr>
<tr class="google-visualization-table-tr-even"><td colspan="1" class="google-visualization-table-td">Sep</td>
<td colspan="1" class="google-visualization-table-td">3.957</td>
<td colspan="1" class="google-visualization-table-td">2.638</td>
<td colspan="1" class="google-visualization-table-td">2.853</td>
<td colspan="1" class="google-visualization-table-td">2.961</td>
<td colspan="1" class="google-visualization-table-td">2.895</td>
<td colspan="1" class="google-visualization-table-td">2.251</td>
<td colspan="1" class="google-visualization-table-td">2.579</td>
<td colspan="1" class="google-visualization-table-td">4.370</td>
<td colspan="1" class="google-visualization-table-td">-</td>
</tr>
<tr class="google-visualization-table-tr-odd"><td colspan="1" class="google-visualization-table-td">Oct</td>
<td colspan="1" class="google-visualization-table-td">3.984</td>
<td colspan="1" class="google-visualization-table-td">2.563</td>
<td colspan="1" class="google-visualization-table-td">2.952</td>
<td colspan="1" class="google-visualization-table-td">2.974</td>
<td colspan="1" class="google-visualization-table-td">3.021</td>
<td colspan="1" class="google-visualization-table-td">2.428</td>
<td colspan="1" class="google-visualization-table-td">2.101</td>
<td colspan="1" class="google-visualization-table-td">5.841</td>
<td colspan="1" class="google-visualization-table-td">-</td>
</tr>
<tr class="google-visualization-table-tr-even"><td colspan="1" class="google-visualization-table-td">Nov</td>
<td colspan="1" class="google-visualization-table-td">3.728</td>
<td colspan="1" class="google-visualization-table-td">2.033</td>
<td colspan="1" class="google-visualization-table-td">2.764</td>
<td colspan="1" class="google-visualization-table-td">2.752</td>
<td colspan="1" class="google-visualization-table-td">3.185</td>
<td colspan="1" class="google-visualization-table-td">2.597</td>
<td colspan="1" class="google-visualization-table-td">2.996</td>
<td colspan="1" class="google-visualization-table-td">6.202</td>
<td colspan="1" class="google-visualization-table-td">-</td>
</tr>
<tr class="google-visualization-table-tr-odd"><td colspan="1" class="google-visualization-table-td">Dec</td>
<td colspan="1" class="google-visualization-table-td">4.282</td>
<td colspan="1" class="google-visualization-table-td">2.206</td>
<td colspan="1" class="google-visualization-table-td">3.232</td>
<td colspan="1" class="google-visualization-table-td">3.074</td>
<td colspan="1" class="google-visualization-table-td">4.715</td>
<td colspan="1" class="google-visualization-table-td">2.470</td>
<td colspan="1" class="google-visualization-table-td">2.896</td>
<td colspan="1" class="google-visualization-table-td">5.447</td>
<td colspan="1" class="google-visualization-table-td">-</td>
</tr>
<tr class="google-visualization-table-tr-even google-visualization-table-tr-over"><td colspan="1" class="google-visualization-table-td">AVG</td>
<td colspan="1" class="google-visualization-table-td">4.415</td>
<td colspan="1" class="google-visualization-table-td">2.664</td>
<td colspan="1" class="google-visualization-table-td">2.456</td>
<td colspan="1" class="google-visualization-table-td">3.108</td>
<td colspan="1" class="google-visualization-table-td">3.086</td>
<td colspan="1" class="google-visualization-table-td">2.628</td>
<td colspan="1" class="google-visualization-table-td">2.077</td>
<td colspan="1" class="google-visualization-table-td">3.841</td>
<td colspan="1" class="google-visualization-table-td">6.451</td>
</tr>
</tbody>
</table>
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</div>
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<p></p> Thanks for posting your offer…tag:gohaynesvilleshale.com,2022-07-31:2117179:Comment:40314212022-07-31T16:12:31.416ZMikehttps://gohaynesvilleshale.com/profile/Mike94
<p>Thanks for posting your offer. As an unleashed mineral owner this helps. Seems like in this era of multi-laterals, more de-risk areas, gas prices of over $8 at this posting, 2 formations or more to drain, and good access to LNG ports, the lease bonus could be much more. I’m wanting to finally pay cash for a new pickup. </p>
<p>Thanks for posting your offer. As an unleashed mineral owner this helps. Seems like in this era of multi-laterals, more de-risk areas, gas prices of over $8 at this posting, 2 formations or more to drain, and good access to LNG ports, the lease bonus could be much more. I’m wanting to finally pay cash for a new pickup. </p> Pine wave has recently permit…tag:gohaynesvilleshale.com,2022-07-31:2117179:Comment:40313422022-07-31T15:53:58.517ZMikehttps://gohaynesvilleshale.com/profile/Mike94
<p>Pine wave has recently permitted two wells in northeast Sabine County. They have another in San Augustine. </p>
<p>Pine wave has recently permitted two wells in northeast Sabine County. They have another in San Augustine. </p> Wyotex Oil and Boss Hogg are…tag:gohaynesvilleshale.com,2022-07-30:2117179:Comment:40313912022-07-30T16:27:12.207ZBill Rhttps://gohaynesvilleshale.com/profile/BillR
<p>Wyotex Oil and Boss Hogg are the current companies showing the most interest in ours, there is another, but he is a Landman representing a 'undisclosed' interest... the last time he contacted us, he was representing BPX. </p>
<p>Wyotex Oil and Boss Hogg are the current companies showing the most interest in ours, there is another, but he is a Landman representing a 'undisclosed' interest... the last time he contacted us, he was representing BPX. </p> FYI, the two year extension o…tag:gohaynesvilleshale.com,2022-07-28:2117179:Comment:40310262022-07-28T01:37:34.098ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>FYI, the two year extension option should come with a price per acre to extend should the lessee chose to exercise the extension. That price is as negotiable as the upfront bonus per acre. If the primary term of the lease is no longer than three years, a two year extension option would be a fairly standard lease term. Pine Wave sold its Haynesville holdings in Caddo Parish and Harrison and Panola to counties Silver Hill so it is unclear at this time if they are planning development or…</p>
<p>FYI, the two year extension option should come with a price per acre to extend should the lessee chose to exercise the extension. That price is as negotiable as the upfront bonus per acre. If the primary term of the lease is no longer than three years, a two year extension option would be a fairly standard lease term. Pine Wave sold its Haynesville holdings in Caddo Parish and Harrison and Panola to counties Silver Hill so it is unclear at this time if they are planning development or simply investing in leasehold with the intention to flip it. You might want to ask ETX Land Acquisitions.</p>
<p></p> It says ETX Land Acquisitions…tag:gohaynesvilleshale.com,2022-07-28:2117179:Comment:40309132022-07-28T01:30:31.348Zbelhttps://gohaynesvilleshale.com/profile/barbaraselldin
<p>It says ETX Land Acquisitions on behalf of Pine Wave Energy Partners. You know I’m advised not to do a two year option, but wondering even if they are offering $1500/NMA? Guess I’m not understanding that completely.</p>
<p></p>
<p>It says ETX Land Acquisitions on behalf of Pine Wave Energy Partners. You know I’m advised not to do a two year option, but wondering even if they are offering $1500/NMA? Guess I’m not understanding that completely.</p>
<p></p> Yeah Baby... DRILL
We have P…tag:gohaynesvilleshale.com,2022-07-28:2117179:Comment:40308072022-07-28T00:26:00.242ZBill Rhttps://gohaynesvilleshale.com/profile/BillR
<p>Yeah Baby... DRILL</p>
<p></p>
<p>We have Phelps A223, JH Rodgers A236, W Clark A83 and SW Blount A415 above and West. Then SPRR A564, SPRR A566 and O Hendrix A127 below and West. And then to the East we have S Stedham A252, JH Kirby A586, JV Massey A397, J Hanks A386 and NG Roberts A38. Cannot wait until they develop all of these areas and start producing!</p>
<p>Figure that is why all of the interest in buying my interest in Chinaberry and Phelps Wells</p>
<p> </p>
<p>Yeah Baby... DRILL</p>
<p></p>
<p>We have Phelps A223, JH Rodgers A236, W Clark A83 and SW Blount A415 above and West. Then SPRR A564, SPRR A566 and O Hendrix A127 below and West. And then to the East we have S Stedham A252, JH Kirby A586, JV Massey A397, J Hanks A386 and NG Roberts A38. Cannot wait until they develop all of these areas and start producing!</p>
<p>Figure that is why all of the interest in buying my interest in Chinaberry and Phelps Wells</p>
<p> </p> $1500/acre and a quarter roya…tag:gohaynesvilleshale.com,2022-07-28:2117179:Comment:40308022022-07-28T00:15:38.935ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>$1500/acre and a quarter royalty, at this point in the play, are good lease terms Congratulations. For those considering a lease, there are other practical terms to consider beyond the bonus per acre and the royalty. Do your homework.</p>
<p>I would be a significant help to know who is doing the leasing. And is the lessee is a land company, who is their client?</p>
<p></p>
<p>$1500/acre and a quarter royalty, at this point in the play, are good lease terms Congratulations. For those considering a lease, there are other practical terms to consider beyond the bonus per acre and the royalty. Do your homework.</p>
<p>I would be a significant help to know who is doing the leasing. And is the lessee is a land company, who is their client?</p>
<p></p>