I own a partial interest in Section 17-15N-14W
In the past few weeks I have received several solicitations from companies interested in buying my mineral rights. Is something happening down there? New production coming on line, perhaps? Sonris Lite doesn't seem to show any change in status.
I got a letter also. The guy was not too reliable about answering the phone or returning emails. I gave up on him.
DeSoto is a popular place to send offer letters to purchase mineral rights. Has been for almost ten years now. If a buyer is serious, they will quote you a per acre price. If not, they are simply fishing for "interested sellers" so they can see how cheaply they might be able to buy your minerals. Most buyers undervalue the new development patterns and wish to buy minerals based on a single well. Haynesville operators rarely drill a single well anymore. They drill multi-well groups. So if a buyer can acquire acreage based on a single well valuation and then get 2 or 4 or 6 new wells in the next 12 to 18 months, they will have hit the jackpot.
Thank you, Skip.
You're welcome, Karen.
I have yet to find offers to purchase mineral rights that were what I consider "fair market". And I keep up with offers pretty closely. That's just one of the advantages have having 700+ GHS "friends".
We are in Sec 27-13N-14W (outskirts of Grand Cane). 5 new wells brought online by Indigo at the end of March. 1 additional refrac being completed currently.
Is anything by way of refract going on in Sec 19-14-14 in Kickapoo? I am seeing and hearing a lots of noise and truck traffic. Some seem to think its Sec 19-14-14
Nothing in S19. There is however frac operations currently being conducted on 4 GEP Haynesville wells in Section 25 - 14N-15W, the section adjoining S19 to the immediate SW. That would be the noise and truck traffic.
You're welcome, James.
My brother and I came down to look around 2 sundays ago at the 19 14 14 well pad and there was a large truck there sitting there running and there was a young man in a pickup truck so we proceeded to speak with him and I told him folks heard a lot of trucks and noise at and around section 19 14 14. and the young guy said they were around of the corner on highway 171 Mansfield road and the ground was real wet and soggy and they almost flipped I big rig over there so they decided to park all there big trucks on well pad 19 14 14 instead of leaving them on very soggy wet ground and them getting stuck. So yes there are trucks going in 19 14 14 but just to park temporarily as they are working in the area. Yes it is GEP our section 19 company but they are also drilling 3 wells in 25 14 14 which this section that buts up against the corner of our section. So I think it's a good sign they are working on the 4 or 5 sections GEP has under contract. When my brother and I were proceeding to leave the 19 well pad we had to be very careful because about 9 or 10 big rigs rolled in to park their trucks for the day I guess . At least they are working in our area . Maybe a blessing will come to all of us in the near future.
Let me know if you or anyone hears something.
OK Thanks for the info!!!!