landowner

Just looking for a little advice

I've got a pad site being built in my section, and the well has been permitted according to sonris.   I have a little over 7 acres, and I'm curious as to what I should be doing.  I'm not leased and I'm really not that interested in leasing my minerals.  Are there any suggestions out there?

Views: 88

Replies to This Discussion

Permalink Reply by BirdDawg, plain ole' idiot on February 10, 2010 at 14:23
Flatlander,
If you post the section-township-range someone may could be some help.

landownerPermalink Reply by flatlander on February 10, 2010 at 15:28
I'm in Section 4-T19N-R1W
Permalink Reply by BirdDawg, plain ole' idiot on February 11, 2010 at 4:30
Flatlander,
This well is a CV Davis sand test operated by Wil-Drill.

Oil & Gas ProPermalink Reply by Chase on February 11, 2010 at 4:15
Continue educating yourself. Be sure you fully understand the ramifications of being an unleased mineral owner.

You should look at the well results from other wells producing at a similar depth in the UNIONVILLE field. I would also do some due-diligence on the operator, being sure to check their results from similar wells.

Sometimes it makes sense economically to remain unleased and sometimes it does not.

Just a few thoughts to consider. Good Luck.

Chase

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