TSW LAND CO./Grenadier Oil Co Offering lease in Claiborne - GoHaynesvilleShale.com2024-03-29T12:31:02Zhttps://gohaynesvilleshale.com/forum/topics/tsw-land-co-grenadier-oil-co-offering-lease-in-claiborne?x=1&id=2117179%3ATopic%3A3436559&feed=yes&xn_auth=noYou are paid a percentage (yo…tag:gohaynesvilleshale.com,2015-02-01:2117179:Comment:34596232015-02-01T15:16:24.057ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>You are paid a percentage (your royalty fraction, whatever it is) of the production on both the liquid and gas that flow from the same wellbore. Both gas and liquids are metered. Your monthly royalty statement will should volume of both and the price.</p>
<p>You are paid a percentage (your royalty fraction, whatever it is) of the production on both the liquid and gas that flow from the same wellbore. Both gas and liquids are metered. Your monthly royalty statement will should volume of both and the price.</p> Wow thanks for the info. Yes…tag:gohaynesvilleshale.com,2015-02-01:2117179:Comment:34594412015-02-01T14:55:29.678ZEric Polanskyhttps://gohaynesvilleshale.com/profile/EricPolansky
Wow thanks for the info. Yes sir, I read it , states that it covers both, I guess that's what strikes the question how do they pay out for both and or separate the two natural energies from one hole ? Oil% and NG% ?
Wow thanks for the info. Yes sir, I read it , states that it covers both, I guess that's what strikes the question how do they pay out for both and or separate the two natural energies from one hole ? Oil% and NG% ? Many wells produce a combinat…tag:gohaynesvilleshale.com,2015-02-01:2117179:Comment:34595062015-02-01T14:37:52.204ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Many wells produce a combination of hydrocarbons. Generally speaking the deeper the formation being produced the more gas prone. A recital of all the possible combinations is too lengthy for a GHS reply box.</p>
<p>The current interest in Claiborne Parish is likely related to the Cotton Valley group of sands. Or possibly other formations in that general depth range - Hosston above, Bossier/Haynesville below. Wells producing from those formations in that area would be expected to flow a…</p>
<p>Many wells produce a combination of hydrocarbons. Generally speaking the deeper the formation being produced the more gas prone. A recital of all the possible combinations is too lengthy for a GHS reply box.</p>
<p>The current interest in Claiborne Parish is likely related to the Cotton Valley group of sands. Or possibly other formations in that general depth range - Hosston above, Bossier/Haynesville below. Wells producing from those formations in that area would be expected to flow a combination of natural gas, natural gas liquids and condensate - referred to as "wet" gas. The liquid portions of the production stream can make the wells commercial even when natural gas prices are low. </p>
<p><u>CONDENSATE</u></p>
<p>A low-density, high-<a rel="nofollow" href="http://www.glossary.oilfield.slb.com/en/Terms/a/api_gravity.aspx">API gravity</a> liquid <a rel="nofollow" href="http://www.glossary.oilfield.slb.com/en/Terms/h/hydrocarbon.aspx">hydrocarbon</a> phase that generally occurs in association with <a rel="nofollow" href="http://www.glossary.oilfield.slb.com/en/Terms/n/natural_gas.aspx">natural gas</a>. Its presence as a liquid phase depends on temperature and <a rel="nofollow" href="http://www.glossary.oilfield.slb.com/en/Terms/p/pressure.aspx">pressure</a> conditions in the <a rel="nofollow" href="http://www.glossary.oilfield.slb.com/en/Terms/r/reservoir.aspx">reservoir</a> allowing condensation of liquid from vapor.</p>
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<tr><td colspan="2"><p><u>NATURAL GAS LIQUIDS</u></p>
<p>Components of <a rel="nofollow" href="http://www.glossary.oilfield.slb.com/en/Terms/n/natural_gas.aspx">natural gas</a> that are liquid at surface in field facilities or in gas-<a rel="nofollow" href="http://www.glossary.oilfield.slb.com/en/Terms/p/processing.aspx">processing</a> plants. Natural gas liquids can be classified according to their vapor pressures as low (condensate), intermediate (natural gasoline) and high (liquefied petroleum gas) vapor <a rel="nofollow" href="http://www.glossary.oilfield.slb.com/en/Terms/p/pressure.aspx">pressure</a>. Natural gas liquids include propane, butane, pentane, hexane and heptane, but not <a rel="nofollow" href="http://www.glossary.oilfield.slb.com/en/Terms/m/methane.aspx">methane</a> and ethane, since these hydrocarbons need refrigeration to be liquefied. The term is commonly abbreviated as NGL.</p>
<p>Your lease covers both. I suggest that you read it carefully.</p>
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</table> Are oil" and n-gas" two separ…tag:gohaynesvilleshale.com,2015-02-01:2117179:Comment:34595032015-02-01T14:22:27.134ZEric Polanskyhttps://gohaynesvilleshale.com/profile/EricPolansky
Are oil" and n-gas" two separate entities?(separate payouts) And how does that work when it comes to oil and gas lease?
Are oil" and n-gas" two separate entities?(separate payouts) And how does that work when it comes to oil and gas lease? Eric, please re-word your que…tag:gohaynesvilleshale.com,2015-02-01:2117179:Comment:34593402015-02-01T13:39:15.364ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Eric, please re-word your question. Both what?</p>
<p>Eric, please re-word your question. Both what?</p> Also I have another ? About g…tag:gohaynesvilleshale.com,2015-02-01:2117179:Comment:34596072015-02-01T13:34:57.282ZEric Polanskyhttps://gohaynesvilleshale.com/profile/EricPolansky
Also I have another ? About gas .. Do they harvest both at same time and or are they two seperate wells? Basically does it go one or the other? Or both?
Also I have another ? About gas .. Do they harvest both at same time and or are they two seperate wells? Basically does it go one or the other? Or both? Thanks for bringin me up to s…tag:gohaynesvilleshale.com,2015-02-01:2117179:Comment:34593392015-02-01T13:29:40.811ZEric Polanskyhttps://gohaynesvilleshale.com/profile/EricPolansky
Thanks for bringin me up to speed on that Skipp .. Your expertise is appriciated!
Thanks for bringin me up to speed on that Skipp .. Your expertise is appriciated! Thank you very much skip I wa…tag:gohaynesvilleshale.com,2015-01-30:2117179:Comment:34587532015-01-30T16:04:37.489ZEric Polanskyhttps://gohaynesvilleshale.com/profile/EricPolansky
Thank you very much skip I wasn't sure
Thank you very much skip I wasn't sure When a land company works on…tag:gohaynesvilleshale.com,2015-01-29:2117179:Comment:34583282015-01-29T12:39:09.588ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>When a land company works on behalf of a client they do not <span style="text-decoration: underline;">sell</span> the leases, they <span style="text-decoration: underline;">assign</span> them. The land company's compensation was agreed to before leasing began.</p>
<p>Royalty is paid only when an operator sells production. It can be 3 to 12 months after first production before mineral owners begin to receive payment. Not all wells turn out to be sufficiently profitable to operate.</p>
<p>When a land company works on behalf of a client they do not <span style="text-decoration: underline;">sell</span> the leases, they <span style="text-decoration: underline;">assign</span> them. The land company's compensation was agreed to before leasing began.</p>
<p>Royalty is paid only when an operator sells production. It can be 3 to 12 months after first production before mineral owners begin to receive payment. Not all wells turn out to be sufficiently profitable to operate.</p> Energy companies that drill w…tag:gohaynesvilleshale.com,2015-01-29:2117179:Comment:34585702015-01-29T03:24:05.632ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Energy companies that drill wells (operate) do not maintain a lot of landmen on their payroll. When an energy company wishes to acquire development rights in an area they hire an independent land company to perform that work. The land company works under contract to secure the leases usually in their name. In that case they will assign the leases to their client at a later date. In some instances the land company executes the leases in the clients name but generally energy companies…</p>
<p>Energy companies that drill wells (operate) do not maintain a lot of landmen on their payroll. When an energy company wishes to acquire development rights in an area they hire an independent land company to perform that work. The land company works under contract to secure the leases usually in their name. In that case they will assign the leases to their client at a later date. In some instances the land company executes the leases in the clients name but generally energy companies prefer to keep their name confidential. </p>