Replies to This Discussion

Permalink Reply by adubu on June 22, 2010 at 13:38

doug---what the survey # location of your minerals in your lease then we can locate on map and show you how to find activity in that area via use of RRC Texas web site

Permalink Reply by Doug Florence on June 23, 2010 at 2:34

Three surveys far as I can tell - A-394, A-680 and A-682 - Thanks

Permalink Reply by adubu on June 23, 2010 at 4:13

394 is Mellown survey 680 cooper 682 chandler----they all 3 are contiguous with each N to S--- all in the Martinsville Field--just to the East of you are two good Travis Peak well by EOG. You are in good area for Travis Peak Martinsville and waterman Travis Peak fields. EOG will drill your lease before it expires I would bet you > 90% probablility. There is possiblility of deep play bossier shale in area. You with best operator in the area. Be happy your leased with EOG they will drill. Your money is in the ground. If you go to the RRC Texas web site you can look all this up on the GIS Map and see the wells in area and check production of each well thru April 2010. It's updated each month as far as production runs two months in rear.

Permalink Reply by Doug Florence on June 23, 2010 at 4:33

This is great news - Thanks for the help

Permalink Reply by adubu on June 23, 2010 at 4:47

what's your total net minerals in your lease. Don't let some snake buy them (steal) from you. Never sell unless you need kidney for family life or death situation.

Permalink Reply by Doug Florence on June 23, 2010 at 6:19

That is one of the answers I am trying to find. They will not be for sale as you said "the money is in the ground"

Permalink Reply by reallyoldguy on June 23, 2010 at 7:08

Doug, the total anmount of your minerals, under lease w/ EOG, can be found in your lease. If you have a copy of your lease, look at the legal description usually found on the front page of the lease.

Permalink Reply by Doug Florence on June 23, 2010 at 10:48

The lease indicates 119.8 acres, but I assumed this was surface area. I do not know what percentage of the minerals were retained.

Permalink Reply by adubu on June 23, 2010 at 14:10

calculate what they paid you bonus total divide by amount per/acre= net mineral acres

Permalink Reply by Doug Florence on August 5, 2010 at 10:12

Could anyone please refer me to a O&G Attorney in Nacogdoches? It seems that we were left out of a division order from a producing unit which included a portion of our minerals. Thanks

Permalink Reply by adubu on October 29, 2010 at 11:54

Doug-- did you find out anymore infomation about your minerals?

Permalink Reply by Doug Florence on November 1, 2010 at 3:42

adubu- I did and it is very confusing. When I get it sorted out, I will let you know. - Thanks

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