Forestar recently provided a presentation that is publicly available here:
http://google.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFili...
See page 11 for a map that I think will interest some folks here. Like all geology maps their geologist seemed to have drawn it to show them in the pay, and left other acreage out. I suspect based on some of the other things we are seeing that some of the boundaries they show likely extend further west.
Someone else provide me the link and I'd like to acknowledge them
Merry Christmas!
Tags: angelina, austin, bossier, chalk, gas, glen, oil, rose, trinity
Agreed Mike R ,
That timber industry has hit rock bottom and mergers/closures mean less competition for buying the raw products and selling the finished product. So for every one of those guys in the industry that lose their job many more up/down stream are also in jeopardy.
The water/mineral rights for all these once powerful groups have been stripped off and are possibly in the hands of O&G friendly ownership now.
I am aware that Temple once had a whole floor of people just to manage their minerals and had their own Oil Co. (TOPAZ) some of these people were picked up by the new surface owners to manage surface locations/ROWs etc. ----- bet sooner or later they find that they don't have the stroke they used to have and are at the mercy of the O&G "goodwill" and it will become just a "game of chance" to see who can push who before we go to court.
While the increase price of energy has helped some of us it has definitely hurt some of our friends/ family and local industries but all that is out of our hands, so we will just work with what we have "dog eat dog".
The person I was referring to is named J Huffman and I think he's got a good 20 years on anyone posting here. Our discussion was several years back, but the number I have in my head is he indicated they were around 17000 feet in Boggy Slough - although he may have called any Temple holdings in the area Boggy Slough. Mr. Huffman was not one to exaggerate but as I noted earlier, I can't make that depth reconcile with anything in the area.
Its was not, to my understanding, the earlier blowout Dry Hole referenced, but something later - reportedly no fire, no significant injuries. I didn't hear anything at the time so if it did happen, it was a real "tight hole" event.
My recollection on the other blowout Dry Hole mentioned is that after the blowout they flared for a good bit. Dad was in the volunteer fire department at the time, and i seem to recall driving near that site several days later to look at the flare. That was a long time ago a memories are blurred together.
Jffree --- Take COMFORT in that at least no one has referred to us as being Old Fogies yet. LoL
Dbob ------ maybe this will help ---- the northern half of Boggy Slough is in Houston Co.
Also remember a well near Goat Hill @ Wakefield (Polk Co. Line) at the intersection of fm 357 and the RR tracts that blew out and burned with such ferocity that the trains could not pass ---- Red Adair came up and put it out ----- Think the Oil Bust of 1986 killed all of those wells that we have been talking about --- they were all but abandoned and left to die on the vine and the fields that they had found were never developed.---- OldTimer
The left to die comment makes sense - I know they found gas in the well off NFSR 540-A and at the well adjacent to the school. Gas certainly wasn't worth much at that the time and lack of oil at those sites sealed the fate.
Didn't realize there was a blowout at Goat Hill - that one actually might be a better fit to my recollection, even though its in the wrong direction, so to speak
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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