Replies to This Discussion

Permalink Reply by North LA on March 8, 2011 at 5:56

thanks

 

that's very intersting

Permalink Reply by Jimburgess on March 9, 2011 at 5:52

What is the legal on the well in Union County?

Jburgess

Permalink Reply by Polly Ann Foote on July 21, 2011 at 17:05

Brammer Engineering is acting as agent for Bulldog Operating and is sending out division orders for the Watson-Fullenwider well.

Permalink Reply by The_Baron on July 25, 2011 at 9:45

It will be interesting to watch, they did sell some oil, so the RI need to be paid.

Permalink Reply by Polly Ann Foote on October 12, 2011 at 7:57

Brammer has sent out the checks for what they did sell in January 2011 from the Watson Fullenwider well. The product listed is condensates, the price per unit is 89.51, total volume is 312.71 and total value is 27,990.83. I wonder how many days that covers.

Permalink Reply by North LA on July 25, 2011 at 11:01

What are division orders and what is RI?

Permalink Reply by The_Baron on July 28, 2011 at 8:14

A division Order simply indicates all the Working Interest (WI), Overriding Royalty Interest(ORI), and Royalty Interest (RI) owners in each well or unit.

 

It shows how much in terms of percent of revenue that each entity will receive.

Permalink Reply by North LA on July 28, 2011 at 9:10

Thanks. How long does it take until this information becomes public?

Permalink Reply by Bradley McWilliams on July 28, 2011 at 11:55

About this long...

 

http://www.swn.com/investors/Press_Releases/2011/2Q%202011%20Earnin...

Permalink Reply by Skip Peel - Mineral Consultant on March 8, 2011 at 10:34

There is no proof that any significant energy company other than those mentioned in the blog were aware of the Haynesville Shale as a viable prospect prior to the spring of 2008 including Petrohawk, EXCO, Questar, EOG, XTO, J-W, Comstock and El Paso just to name a few who are now thought of as serious HS drillers.  They all "lucked into the shale" because of having advantageous leasehold that was acquired for the exploration and production of other formations/zones.  A few did institute aggressive leasing programs beyond their legacy leasehold after the public announcement.

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