Anadarko has three rigs currently drilling in Panola. None in Shelby but XTO has two.
Linda--- as old saying Goes-----Location. Location, Location...............
some minerals in some locations at spec formations/depth have been tested and if marginal or P & A-- then these minerals are DEAD while some other area will be leased in future when prices allow
But the "Gold Rush" in Shale in HV is over but that does not mean the total play is for proven select areas will be drilled with good money to be made by operator and mineral owners
Linda---- the so call Shelby Trough in the South part of Shelby southeast of Center back to South West into north central Nac Co.and Northwest to central San Augustine Co. still has activity with XTO permitting and drilling several wells today. Most is dry gas with little liquids in Shale mostly Bossier Shale some HS. Little oil in Petti and James lime plus some very very shallow small oil.
Up in NW Shelby near Joaquin is some H CV wells drilling by Classic in the old Travis Peak Field
linda-- where are your mineral located? I am in Joel White-- probably dead with Batts results very poor
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Posted by Char on May 29, 2025 at 14:42 — 4 Comments
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