Looking through a Blackstone Minerals presentation I noticed their interest in the Shelby Trough. If I looked correctly San Augustine in the the Core BSM Shelby Trough acreage. Can someone explain the Shelby Trough?
Interesting Bill R... I had never heard of this before... thanks!
Chloe "Never, Ever sell your Minerals", someone gave you some bad information, if you were not receiving royalties during the $10 - $13 natural gas prices, $5000 - $10000 per acre leases, you missed it. The only way to make money on your minerals now is to sell for the prices they are paying now. If your over 50 my advice is to sell you will never have a better chance than now.
What will the Blackstone farmout agreement with XTO do to the individual owners that also have leased lands with XTO. Will this increase royalty payments or will it drive XTO to BSM acres only... meaning less $$$ for the individuals with small amount of minerals/ acres?
Sorry this all way over my head.... & pay grade ! :-)
Old news brief, why no landmen in courthouse?
There's no "land rush". We are talking about one or two operators filling in small to tiny tracts in units built around large tracts where the minerals are owned/controlled by Black Stone.
lee, I appreciate your insight.... I can still hope and pray.... As I said, It is about risk and rewards and many other variables. Sorry I posted a link to something that was old... however.. I just found it.. just trying to help and learn...
The short answer is... nothing. It will make no difference to the individual owner except that it makes it more likely that there will be wells drilled (damn the price of gas... full speed ahead) and if you have minerals in close proximity to one of the Black Stone tracts then you will probably end up in a producing unit.
Thanks Julie. Good information.
Thanks Julie! Nice info... Really Appreciate it!
Your such a positive and helpful person!! :-)
Glad you saw to acquire the interests. Sorry your family sucks.