XTO Going Deep In Southern Haynesville Shale In Texas
"XTO is moving further south into the Texas side of the Haynesville Shale play more and more as time goes on. I look for XTO to farmout or purchase leaseholds outright from others that have not yet developed their acreage position in Northern Sabine and San Augustine counties. It appears that ExxonMobile believes the reserves are great in this southern part of the play to let them continue to drill as much as they are. They probably will ramp up even more in the following months in the southern part of this great play."
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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…
ContinuePosted by Char on May 29, 2025 at 14:42
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