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Comment by outofstater on January 20, 2011 at 8:01

I am really new to this whole leasing thing. Could anyone tell me what the going rate is for leasing acreage and percent for royalties in the Chireno survey. I keep hearing different things everything from $1,000 - $4,000 an acre and from 20% to 25% royalties. Do different companies give different prices? Does it pay to shop around?

Comment by btj on January 17, 2011 at 5:27

We have a small interest in the J. Mora survey that the lease expired last month. Does anyone know if there's any leasing going on there? 

Comment by Bill R on January 6, 2011 at 17:57

Little Leases.... O'Brien.....

G.U. #3 Division order - signed and in the mail

G.U. #2 Division order - just arrived

G.U. #1 Division order - In the mail headed our way!

 

I am beginning to really like 2011

Comment by jffree1 on November 15, 2010 at 12:37

I heard from a reliable source that they began drilling late last week.

Comment by GoRicky on November 15, 2010 at 10:43

Duz anybowdy nowe anythang 'bout that ther' Goodrich - Nelson well down aroun' Etoile?

Comment by adubu on October 18, 2010 at 15:50

Kathy--on the Coats #1 HK and EOG had been 50/50 JV in the well, but why they that double the accounting cost for each to issue check doesnot make lots of sense unless one or the other is planning to sale out their interest. One thing will be very interesting that is look at each check from EOG and HK and see if price for gas, gross sales, deductions, etc all match.

Comment by Kathy on October 18, 2010 at 14:57

My mother has an interest in the Coats #1 well in Nacogdoches. I received a phone call from my brother today saying that Petrohawk was now going to pay for 1/2 the royalty check that had previously been paid 100% by EOG. I went to my mailbox and sure enough there was a "Divison Order" from Petrohawk and a check for what I presume is 1/2 the royalty check. Does anyone know what this means or why they would do this? I sure don't understand what is happening.

Comment by youngbird on September 9, 2010 at 6:28

I haven't seen anyone discuss the fact that EOG announced recently that they are selling all of their natural gas holdings including the Haynesville shale plays and going in a different direction.What will that do to values in the area especially since they hit some of the boggest wells. Also what about wells in development like ACLCO Unit well 33153?

Comment by DJG on August 22, 2010 at 2:42

E.Tx Drilling 8/15 & 8/22/10:

Completions:
The S.F.O.T. Well No. 2H is located .2 miles west of Nacog-doches in the Loco Bayou Field. Enexco completed the well to 14,170 feet. On an adjustable choke the well potentialed 7.314 million cubic feet of gas. Production is in the James Lime.


Fossil Resources completed the Cubs Gas Unit Well No. 1to 10,425 feet 2.2 miles south of Martinsville in the Martinsville Field. On a 20/64-inch choke the well potentialed 1.170 million cubic feet of gas. Production is in the Travis Peak.

Developmental:

Hills Gas Unit 7H will be drilled by EOG Resources in Carthage (Haynesville Shale) Field. This well will bottom at 13,500 feet in the J.I. Y'Barbo Survey, A-60, 18 miles west of Nacogdoches.

The Chireno SWD Well No. 1 will be drilled by Chireno Disposal in the Carthage (Haynesville Shale) Field. This well will hit 5,450 feet .7 miles northwest of Chireno in the J.A. Chirino Survey, A-17.

Comment by Shelley Hannah on August 20, 2010 at 10:24

Thanks for your help!

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