I use to have a lease with Samson and my father took care of it up until he passed away. I called Samson and had everything switched over between my sister and I and his grandchildren after he passed. Since then the lease has expired and have heard nothing from them, and long lost the the name and number of the landman there, was Keith something. Should I call and pursue them for a new lease or contact another company with better chances of drilling? I'm in the far north western tip of Nacogdoches in the Sacul-Cushing area. Should I demand 1/4 or is 1/5 more the norms these days? How much per acre should I expect for just a lease? While we were with Samson another gas company laid a pipe line literally along the outside of our family fence line, I know I (or my father that is) missed an opportunity there. My place is at 31°47'27.30"N 94°52'57.68"W if that helps with which company I should go with.
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thanks for all the replies guys
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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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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