Does anyone know who Sendero is leasing for? Sendero is owned by a landman out of Tyler. They leased several tracts in the Hallsville area over the summer and they have never assigned the leases. The landman who leased my property told me they were leasing for BP, but BP has their own crew leasing, so I do not know if that information is correct or not.
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I could not find a lease from Kathy M. Stephens to Sendero in Harrison County. They filed over 300 leases in November and you are correct, they have not assigned to anyone. I to, heard that they were buying for BP. All of their leases are for a term of either 5 yr., or 3 yr with 2 yr option. They are coming up on the first year of the lease, so I would suspect they will start activities within the coming months. From what I can tell, they have had a crew working for years in Harrison, but it looks like they outsourced their leasing to Sendero. At one point I heard they had 75 landmen running title and leasing.
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 — 4 Comments
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