Replies to This Discussion

Permalink Reply by adubu on January 28, 2013 at 12:21

John1948---- If you receive no notice and check for option by midnight tomorrow 1/29/2013 then the Lease Expires--- it is a Option that they control-- that simple. I would suggest you send Cabot a certified return receipt letter requesting they file a release of lease to be recorded in County Records of San Augustine  County, Texas. The minerals are free to be leased to any interested operator 1/30/2013. Most operators are not releasing in Haynesville Play at this time.Your lease should be on file with records clerk and if someone was attempting to put some acerage together for unit to drill a Landsman would find your old lease of Cobat and see the dates that lease terminated on 1/29/2013 and would know your minerals are avaiable--

Permalink Reply by John1948 on January 28, 2013 at 13:16

Thanks Adubu,...If they don't release I can live with that..the land has been in the family since the 1820 or 30's, and probably isn't going anywhere...so might be something by the time my2 year old grand son get to my age (65)...I was looking at the GIS map in the meanwhile I see where some of it may be pooled with EOG McSwain wells permited 2 of each if I'm reading it correctly.. the entry point of their well are 210 ft from the william clark survey A-83..and the PDF shows the pool including some of this survey on both wells....Hummm?

Permalink Reply by jffree1 on January 28, 2013 at 14:33

Cabot assigned San Augustine leases to both XTO and EOG so there is a good possibility that your lease was included in one of those assignments. 

Permalink Reply by John1948 on January 28, 2013 at 15:18

Humm,,,so if they assigned my lease to EOG and EOG has wells permitted that also pool part of one of my surveys would that mean that my lease would be held by production ? Even if it looks like nothing has been started as the permits were just approved in Nov 2012..Thanks Jffree....this could get interesting

Permalink Reply by adubu on January 28, 2013 at 16:20

John1948--- if your minerals was included in a producing unit then you would or should have received Division orders and receiving royalties which yes would put in in HBP --- if you have not received DO and if looking at Plat on RRC web site that you can download you think your minerals could be included in unit then contact that operator to find answer-- also on the drilling permit and plat the operator general will have P-12 list of mineral owners in unit--if not in units then most likely lease option not acted on so lease expired -- hope you find a surprise---understand they do not put all acreage in the Survey in a unit -- most unit are in only several hundred acres avg standard about 640 a. There will plat of the unit and may cross over into more than one Survey. Your minerals could be continuous to the unit within same survey but not be in unit therefore no royalties -- you have to be included in the plat of unit

Permalink Reply by John1948 on January 30, 2013 at 10:17

Well, I just heard from Cabot Oil a few minutes ago. They are not extending leases for now in San Augustine with a few exceptions..reasoned due to the price of NG...So, I'm requesting the release of lease.for county records.so that makes minerals available

Permalink Reply by adubu on January 30, 2013 at 15:49

John-- at least you got answer and minerals available -- suggest you monitor wells that are drilled near you for reported production and that will give you ideal for your future prospect of a future lease when market returns in few years -- production information can be found on Texas RRC Site-- User friendly-- Jffree1 tutorial on this site can help you find info and use RRC Site-- Good luck for future

Permalink Reply by John1948 on January 31, 2013 at 3:12

Thanks a bunch