How long does it usually take for an un-leased mineral owner to revive payout?
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Please note.
No one truly knows what the future will bring for NG prices (during the next 12 months). Too many unknown variables.
Now, per our exceptionally warm winter of 2011-2012 (with some folks not even turning on their heat/furnaces in Baton Rouge this last weather cycle) -- this might be a very bad hurricane season. Warm water in the Gulf tends to fuel monster storms.
Also, industrial usage is trending up.
Plus, NG rigs are, in fact, being laid down; and the huge IP volumes on the super wells will also be trending down via less drilling for the foreseeable future.
And wells are being shut-in, too.
Now, true, there can be some debate if someone wants to nitpick the stats on any one or all of these variables.
But a purely guesstimate gut call (with little more than a poorly designed algorithm-like crystal ball, of sorts) -- says that the uptick in NG futures should hold, even with some bumps along the way (into Oct.).
Of course, this makes no sense per there being such excessive storage in the ground.
True.
Ergo, the above is a highly speculative supposition which could be terribly flawed since no one truly knows what the future will bring, even with oil prices.
Care in assumptions is advised.
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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