Webster Parish T20, sections 5,6

I'm complete new to all this and learning a lot from the discussions. But as a novice, I have no idea what a good offer would be for acreage in T20, Webster Parish these days. Looks like I missed the big boom in previous years.

I've been propositionsd by a landman representing indigo Oil and don't want to get shafted. Can anyone advise me on how much I should ask for in light of the current oil/gas situation?

I have so much to learn, its making me crazy!

Views: 44

▶ Reply to This

Replies to This Discussion

Permalink Reply by Catfish on October 13, 2009 at 1:31
Bobbie,
What range are you in? There are many factors that determine lease amounts. First 25% royalty is a must. Second thing is what formation are they wanting? Are they trying to lease the HA? If not you need to protect this by leasing only as deep as the formation they intend to produce from. What have they offered so far? There is much information on this site, I would read as much as you can and educate yourself. There are many members who will offer advice some are experts in the field. Also keep us informed on your progress in the Webster Parish group. Good luck!

RSS

Support GoHaynesvilleShale.com

Top Content 

1 Haynesville Fairway could support drilling into the 2050s?

Haynesville Fairway could support drilling into the 2050s?
2 What is the meaning of a Unit Well?

What is the meaning of a Unit Well?
3 Mitsubishi Corp in talks to acquire Aethon Energy Management

Mitsubishi Corp in talks to acquire Aethon Energy Management
4 Site Not Loading Fully?

Site Not Loading Fully?
5 BPX hits it out of the park with 3 Bossier Parish CULs

BPX hits it out of the park with 3 Bossier Parish CULs
6 Chevron acquires Smackover Brine Leases in AR and E TX

Chevron acquires Smackover Brine Leases in AR and E TX
7 "Rebalancing Volumes"

"Rebalancing Volumes"

Blog Posts

Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

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…

Continue

Posted by Char on May 29, 2025 at 14:42

Not a member? Get our email.

Groups



© 2025   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service