Sabine Parish lease offer

Anyone know what the going lease rate (bonus $ per acre and royalty %) is in Sabine Parish, specifically Sec 7 area?

Views: 160

Replies to This Discussion

Permalink Reply by ken hatcher on June 22, 2010 at 3:43
Are to talking about Township 7, section 7 ?
Permalink Reply by SLEM on June 22, 2010 at 4:31
Sec 7, Township 9. Thanks!!
Permalink Reply by ken hatcher on June 22, 2010 at 6:32
SLEM-Township 9 would be in southern Desoto.
Permalink Reply by Mike on June 22, 2010 at 7:50
Township 9 is in northern Sabine Parish.
Permalink Reply by SLEM on June 22, 2010 at 8:00
Our property is in Sabine Parish. If anyone knows the current lease rates in the area it would be greatly appreciated.
Permalink Reply by waltcop on June 22, 2010 at 10:00
T9N R12W Sect 7 is in N Sabine but I don't know what the going rate is now-a-days.
Permalink Reply by Shaleeee on June 22, 2010 at 13:12
In the past two months in Ebarb area a friend has leased three different properties with three different companies for $6500 an acre - CHk, HWK, Comstock
Permalink Reply by SLEM on June 30, 2010 at 4:30
Shaleee, is there anyway you can tell me the name(s) of any of the landmen that made these offers? It would be quite helpful in our current negotiations. Thanks for your help!
Permalink Reply by ken hatcher on June 30, 2010 at 7:40
Slem, If these two areas were a little closer it would help. Don't know what it is on the southern area hugging the lake but seems of high interest.
Permalink Reply by Shaleeee on June 30, 2010 at 14:20
SLEM, I do not know the names of the landmen for each company, but I will ask my friend and if it is OK to post the names, I will post the names for you.
Permalink Reply by ken hatcher on June 22, 2010 at 15:25
My mistake, I am in T-9 section 8, I was looking at one thing and thinking another. I can tell you most evereyone late last year in this area leased from 6-6500 p/a. I have heard no leasing activity lately. Cheasapeake has your unit. The proposed well is HA RA SUTT...Hope this will help!. Sorry again about the mistake.
Permalink Reply by ken hatcher on June 23, 2010 at 3:59
SLEM- The above is for R-12-WEST

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