Bienville Parish, LA

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All things, people, companies, places & geology related to the Haynesville Shale play in Bienville Parish.

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Bienville Parish lease offer

by Skip Peel - Mineral Consultant

May 12

Bienville Parish lease offer

Anyone else been approached by Teche Exploration for leasing?  I have received an offer in the mail for $200 an acre with a 1/5 royalty.  I ignored it for a few days and they then called me to up the offer to $250 an acre.  We actually have two tracts of land.  He approached me on our land (20 acres) in Section 18-T14N-R7W.  Our property is off of Punkin Center Road and sides a Natural gas pipeline that has been there forever.  Anyone else hearing anything?   Skip Peele asked me to share this info with other Bienville Parish landowners.  Our land has not been leased in years so this offer came out of left field. Hopefully, its a sign that something may be happening in that part of the Parish!

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    Chase

    I highly doubt they will be drilling any Haynesville wells in that area very soon. Does the lease mention the formation anywhere in it? I would guess if they are going to drill anything in that section anytime soon, it will be a Hosston well.

    6

    May 13

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      Marc Stepman

      Hi

      I got the same offer.  I have property in Sec 12 14N  8 W AND Sec 18 14N 7W.  They want it to cover all depths.  Most of the leases I have signed before have usually focused on the Hosston formation.  They did not want to consider my property in Sec 35 and Sec 36 of T14N 8W.  I would not sign the lease without seeking a component O&G expert that is for sure.   I do not know if any  Haynesville well will be tired in the area.  I know it is pretty close. Thanks

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      4 hours ago

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        Marc Stepman

        Hi Skip

        I did ask them questions.  They have been very secretive on who they are buying for in the area. They did not give me any answers as to who they were leasing  for.  To my knowledge they would let you change the lease terms that your O&G professional would want but the money and royalty stayed the same.   I know that some folks signed the lease and the check came from R&O  Energy.  I would like to see Haynesville explored in the area.   The lease they let me look at  was the standard one which was not very good.  It has been a while since I looked at the original lease form Teche.  I will see if I can find it.  

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        2 hours ago