Replies to This Discussion

Permalink Reply by Keeth McKneely on August 9, 2012 at 4:31

SKip, this is a good uptick from the normal $200-300 bonus and 20% royalty that was offered just 2 months ago.

Lot of activity in this general area,  any ideas?

 

Thanks,

 

Keeth

Permalink Reply by Skip Peel - Mineral Consultant on August 9, 2012 at 4:43

Keeth, mineral auction bids are about the only time you will see lease bonuses in the public record.  They are a good barometer of value and can sometimes be useful in negotiating a lease.  Of course be prepared for recitation of all the things different between your land and the state's including the state lease form. 

The general opinion is that this is a Haynesville Shale liquids play by Anadarko.  There should be some unit applications hitting the Commissioner's Hearing schedule soon.  Then we will know for sure.

Permalink Reply by Scott Deupree on January 5, 2013 at 17:16

Has anyone in 19N, 15W, Caddo received any lease offers?

Permalink Reply by Skip Peel - Mineral Consultant on January 6, 2013 at 2:58

By now the majority of mineral owners in 19N -15W should have received offers.

Permalink Reply by Lease My Land on April 16, 2013 at 15:44

Skip, are they still leasing in this area?

 

42783 BOSSIER, CADDO 14, 15, 16, 17, 2, 20, 21, 22, 23, 26, 27, 28, 29, 3, 32, 33, 34, 35, 4, 5 T20N, T21N R14W 422.0 CHARLESTON ENERGY INC.  $538.00  0.225

I have 50 acres in Sec 12 T21N R14W.

Permalink Reply by Skip Peel - Mineral Consultant on April 16, 2013 at 15:55

This is public lands leased through the state mineral board monthly auction.  Probably road rights-of-way from the large number of sections.  Charleston Energy made a winning bid for a client.  It is not a good idea to go looking for a lease.  If a company has interest in your area they will contact you.  Just monitor activity and wait to contacted.  In the meantime you can read up on lease offers and get up to date so that you are ready if you are approached with a lease offer.

Permalink Reply by Timber Gal on April 17, 2013 at 9:02

Hi - Curious as to why you believe it's best not to go looking for a lease. In '08 I did this and doubled our bonus.  I realize this is not 2008 of course ;-)

Permalink Reply by Two Dogs, Pirate on April 17, 2013 at 12:54

I had a lessor that I bought a surface to 5000 feet lease that was looking to lease the rights to the Haynesville and I told him to wait. He went looking and leased for $3500. His neighbor who listened to me got $14,500.