We got a lease offer - T18N R15W S8 - GoHaynesvilleShale.com2024-03-29T01:35:32Zhttps://gohaynesvilleshale.com/forum/topics/we-got-a-lease-offer-t18n-r15w-s8?commentId=2117179%3AComment%3A3791106&x=1&feed=yes&xn_auth=noIf anyone has mr Taylor's pho…tag:gohaynesvilleshale.com,2019-03-25:2117179:Comment:38130872019-03-25T19:28:46.553ZKIM CASWELLhttps://gohaynesvilleshale.com/profile/KIMCASWELL
<p>If anyone has mr Taylor's phone number please let me know. He contacted me but I lost it thanks!</p>
<p>If anyone has mr Taylor's phone number please let me know. He contacted me but I lost it thanks!</p> Mineral lessors do not pay fo…tag:gohaynesvilleshale.com,2018-12-21:2117179:Comment:37911062018-12-21T00:41:46.055ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Mineral lessors do not pay for "services" at the well site. I think you must be referring to "post production deductions" to royalty revenue. Those costs are for gathering, treating and transportation and not associated with the well site. Post production costs can be addressed by language in a O&G lease.</p>
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<p>Mineral lessors do not pay for "services" at the well site. I think you must be referring to "post production deductions" to royalty revenue. Those costs are for gathering, treating and transportation and not associated with the well site. Post production costs can be addressed by language in a O&G lease.</p>
<p></p> $500 is what most are offerin…tag:gohaynesvilleshale.com,2018-12-20:2117179:Comment:37911912018-12-20T21:30:44.896ZLynne Davishttps://gohaynesvilleshale.com/profile/LynneDavis
$500 is what most are offering. Just make sure you don’t have to pay for a lot of services at the well site.
$500 is what most are offering. Just make sure you don’t have to pay for a lot of services at the well site. Never hurts to ask for a quar…tag:gohaynesvilleshale.com,2018-12-10:2117179:Comment:37881672018-12-10T21:46:57.373ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Never hurts to ask for a quarter royalty for leases that target the Haynesville Shale however a 22.5% royalty with a good "no cost royalty" clause can often outperform a quarter without such a clause. Of course not all "no cost royalty" clauses are created equal. I'd get an experienced O&G attorney to craft one if I couldn't get a quarter. The royalty clause in my O&G attorneys' custom O&G lease is one and one half pages in length. Of course that is for their clients that own…</p>
<p>Never hurts to ask for a quarter royalty for leases that target the Haynesville Shale however a 22.5% royalty with a good "no cost royalty" clause can often outperform a quarter without such a clause. Of course not all "no cost royalty" clauses are created equal. I'd get an experienced O&G attorney to craft one if I couldn't get a quarter. The royalty clause in my O&G attorneys' custom O&G lease is one and one half pages in length. Of course that is for their clients that own many thousands of acres in recognized proven or prospective areas. They also often craft or negotiate clauses which limit post production deductions to royalty revenue. The bottom line is that it is always a good idea to get professional help when considering an O&G lease.</p>
<p></p> Good advice from an indie lan…tag:gohaynesvilleshale.com,2018-12-10:2117179:Comment:37878402018-12-10T20:04:58.058ZJesse Joynerhttps://gohaynesvilleshale.com/profile/JesseJoyner
<p><span style="font-size: 14pt;">Good advice from an indie landman who attempts to help the small landowners, Skip. As the saying goes: "Those who cannot learn from history are doomed to repeat it." Indeed, in the present climate of overproduction, if I was offered 22.5% and a $1250 bonus, I'd hire Randall Davidson to scrub the lease and plug in the good addendum clauses, then sign such a lease if Randall advised that I do so. I would call that savvy management of a mineral…</span></p>
<p><span style="font-size: 14pt;">Good advice from an indie landman who attempts to help the small landowners, Skip. As the saying goes: "Those who cannot learn from history are doomed to repeat it." Indeed, in the present climate of overproduction, if I was offered 22.5% and a $1250 bonus, I'd hire Randall Davidson to scrub the lease and plug in the good addendum clauses, then sign such a lease if Randall advised that I do so. I would call that savvy management of a mineral estate.</span></p>
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<p></p> Thanks, Spring Branch. An ex…tag:gohaynesvilleshale.com,2018-12-10:2117179:Comment:37876562018-12-10T18:13:58.817ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Thanks, Spring Branch. An experienced O&G attorney can craft lease clauses that address damages. And it is possible to include a "no surface operations" clause for those that just don't want to allow the use of their land. I am also of the opinion that $1250/acre is not only attractive for 18N-15W but aggressive given past history.</p>
<p>A reminder on risk. In the early days of the Haynesville Shale many land/mineral owners in north Caddo Parish were considering lease offers. This…</p>
<p>Thanks, Spring Branch. An experienced O&G attorney can craft lease clauses that address damages. And it is possible to include a "no surface operations" clause for those that just don't want to allow the use of their land. I am also of the opinion that $1250/acre is not only attractive for 18N-15W but aggressive given past history.</p>
<p>A reminder on risk. In the early days of the Haynesville Shale many land/mineral owners in north Caddo Parish were considering lease offers. This was during a time of seemingly never ending increases in bonus per acre offers. It was also a time when there had been few, if any, historic wells drilled to the Haynesville in that area and companies were leasing based on little hard information. A number of individuals were sitting on offers of up to $10,000/acre confident that the offers would go higher. Then the first horizontal Haynesville shale wells were completed and announced. They were a bust with production volumes a third to a quarter of what the same well designs were producing further south. When the announcements were made, the lease offers did not decrease - they disappeared. Here we go again - hopefully for a better outcome but understand that the economic area of the shale is not unlimited and the end will occur somewhere in north Caddo.</p>
<p></p> Great response to Lynn, Skip.…tag:gohaynesvilleshale.com,2018-12-10:2117179:Comment:37876512018-12-10T17:16:58.400ZSpring Branch,mineral ownerhttps://gohaynesvilleshale.com/profile/SpringBranch
<p>Great response to Lynn, Skip. She needs to understand that the Lease bonus is not intended to mitigate her concerns. However, as you said, the language in the Lease document itself, prepared by a well qualified oil & gas attorney, should alleviate any concerns she has. Oh, they may leave ruts, but it'll cost them!!! I personally think that $1,250 in 18/15 is an attractive offer, but what do I know.</p>
<p>Great response to Lynn, Skip. She needs to understand that the Lease bonus is not intended to mitigate her concerns. However, as you said, the language in the Lease document itself, prepared by a well qualified oil & gas attorney, should alleviate any concerns she has. Oh, they may leave ruts, but it'll cost them!!! I personally think that $1,250 in 18/15 is an attractive offer, but what do I know.</p> Directional wells are "off-th…tag:gohaynesvilleshale.com,2018-12-09:2117179:Comment:37876812018-12-09T18:34:57.467ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Directional wells are "off-the-vertical" wells, not horizontal. The horizontal wells are identified with an "H" after the name and may be Haynesville or Cotton Valley wells. In Harrison County, the non-"H" wells currently are Travis Peak completions and may be directionally drilled. You are correct however the vertical wells have nothing to do with the horizontal Haynesville wells that Comstock and others are drilling in near E TX. Those are wells drilled in unconventional reservoirs. …</p>
<p>Directional wells are "off-the-vertical" wells, not horizontal. The horizontal wells are identified with an "H" after the name and may be Haynesville or Cotton Valley wells. In Harrison County, the non-"H" wells currently are Travis Peak completions and may be directionally drilled. You are correct however the vertical wells have nothing to do with the horizontal Haynesville wells that Comstock and others are drilling in near E TX. Those are wells drilled in unconventional reservoirs. The Travis Peak is a conventional reservoir.</p>
<p></p> The wells to which you refer…tag:gohaynesvilleshale.com,2018-12-09:2117179:Comment:37875052018-12-09T16:38:35.026ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>The wells to which you refer are just horizontal Haynesville wells (Carthage Field in your part of Texas). The increase in interest in your part of E TX is owing to the new well designs that make the wells more profitable and the fact that there are a number of new companies with aggressive drilling programs. </p>
<p>Keep in mind that there is no such thing as an economic vertical Haynesville Shale well. The Haynesville formation varies in lithology across it's arc from central Texas to…</p>
<p>The wells to which you refer are just horizontal Haynesville wells (Carthage Field in your part of Texas). The increase in interest in your part of E TX is owing to the new well designs that make the wells more profitable and the fact that there are a number of new companies with aggressive drilling programs. </p>
<p>Keep in mind that there is no such thing as an economic vertical Haynesville Shale well. The Haynesville formation varies in lithology across it's arc from central Texas to the panhandle of Florida. In some locations the Haynesville is sand and in some it is shale. For purposes of drilling economic wells, one or the other but not both. Where the Haynesville is sand (and contains commercial volumes of hydrocarbons), vertical wells are capable of producing profitable volumes of liquids and/or gas. There are many hundreds of long lived, shallow decline vertical Haynesville wells in parts of N LA. They are sand wells and many miles removed from the shale portion of the Haynesville shale fairway. The Haynesville sand is a conventional reservoir. The Haynesville shale is an unconventional reservoir.</p>
<p>The Comstock wells drilled just south and north of Greenwood, LA that we have discussed have revived interest in this region because the new well designs have improved the volume of recoverable gas and driven down the cost per mcf to produce it. Companies can make a reasonable return of their investment.</p> What in particular do you won…tag:gohaynesvilleshale.com,2018-12-09:2117179:Comment:37875022018-12-09T15:30:16.005ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>What in particular do you wonder about those wells, Kathy?</p>
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<p>What in particular do you wonder about those wells, Kathy?</p>
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