Am curious to see what the average leases and offers are in Lincoln. I have signed several leases in the past year, around $350 and acre and am now hearing offers as high as $850 an acre. Just received an offer, higher than previous offers, with a 1/5 royalty vs the 1/4 I am use to receiving. Would like opinions on the 1/4 vs 1/5 and high offers in the area.
Tags:
Skip what is the latest on Lincoln Parish activity, we are still unleased and have been not contacted since July by Wildhorse or any one else.
lee, most of the current drilling is by MRD in their Terryville Complex footprint. It's the safest and most economical area to invest limited capital in this depressed price environment. Most of the Choudrant and N Jackson Parish leases are relatively early in their life and there is no need nor compelling reason to be drilling wells where there is little well control and/or existing infrastructure. I expect exploration outside of Terryville to move slowly for the next year or two, at least.
COMPLETED 8/27/15; GAS; CV RC; 15416 MCFD; 26/64 CHOKE; 60 BOCD, 58 GVTY; 6500# FP; PERF 11090-15509' MD, 4419' LATERAL
7 members
386 members
5 members
5 members
247 members
401 members
5 members
11 members
360 members
689 members
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…
ContinuePosted by Char on May 29, 2025 at 14:42 — 4 Comments
© 2025 Created by Keith Mauck (Site Publisher).
Powered by
h2 | h2 | h2 |
---|---|---|
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 |
Links |
Copyright © 2017 GoHaynesvilleShale.com