Replies to This Discussion

Permalink Reply by Duster on July 25, 2008 at 8:15

I did not know there were permits that far north of the martin field. How do you know you are forced pooled?

John (aka Duster)
422-3535
Call me if you want.

Oil & Gas ProPermalink Reply by Les Bamburg on July 25, 2008 at 8:36

Duster, please double check me on this. It only covers the Hosston & Cotton Valley but not the Haynesville Shale.

Attachments:

• 07-1355&1356ap Woodward Ensight.pdf, 186 KB

Oil & Gas ProPermalink Reply by Les Bamburg on July 25, 2008 at 8:42

Cassie, I feel fairly certain your land is part of the Haynesville Shale and the landman does not know enough to say you aren't.

landownerPermalink Reply by BLZBub on July 25, 2008 at 15:30

Leased land near you (T14N,R9W) 4/08 for $4,000/acre bonus $ 25% royalty 4/08. We reserved rights 300 ft. below deepest well drilled, which is a afairly standard approach in good leases. Company was not Acadiana. Encana/Shell were behind the land man.

landownerPermalink Reply by Cassie on July 25, 2008 at 16:04

thanks for the input guys i talked to someone a lil higher up today who cleared up the force pooled issue apparently i'm not but unless someone can tell me how to get ahold of encana i'm gonna take this deal for all depths.

landownerPermalink Reply by Bobi Carr ("parker") on July 25, 2008 at 16:52

Hi Cassie,
I spoke with someone yesterday that was force pooled almost 10 years ago on a Cotton Valley well.
He is in the process now of leasing his HS rights.
DON'T GET HOODWINKED!
I have seen a lease in Bossier that specifically stated the depths that they could drill within.
GOOD LUCK!

landownerPermalink Reply by Bobi Carr ("parker") on July 25, 2008 at 16:58

Hi again,
I just looked up the lease I was referring to. It stated that the gas company can only drill between 9702 feet and 11,334 feet.
These depths are not necessarily appropriate for Red River, but they can give you and example that certain depths can be excluded.
This lease covered 1500 acres. I'm sure that these folks are well advised.
The lease also referenced a well that has been tested in the next section. I assume that they wanted to make sure that they leased HS only and are specifically reserving the Bossier and any underlying formations.

landownerPermalink Reply by Bobi Carr ("parker") on July 25, 2008 at 17:00

Me again.
What is not economically feasible today may become so in the future. The companies are preparing for 20 years down the road. We should prepare also.

landownerPermalink Reply by Bobi Carr ("parker") on July 25, 2008 at 17:00

I'll leave you good folks alone now and go back to reading the Bossier group.