San Augustine, TX

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All things related to the Haynesville Shale in San Augustine county.

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What's up in San Augustine?

by Bill R

May 14, 2022

Well now... I got buried with offers to purchase all or part of my Rights to many of our San Augustine Wells Units.

  • Nolte
  • Victoria Anne
  • Brown-Weeks
  • Weeks
  • Davis
  • Parks
  • Parks West
  • York
  • Red River 365 A
  • Red River 365 B
  • Steadman
  • Jacquelyn Bright
  • Dennis
  • McKinney
  • Bennett
  • Freeman Farms

I won't disclose the amount offered, but this is the first time I have ever taken a second look at an offer. I know I have seen a sudden renewal of some Permits and a few new Permits appear on the TRRC GIS Maps since January...

So, is anyone seeing an uptick in Rigs or Fracking Teams arriving or wandering the area? Any and all updates are appreciated.

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    Bill R

    I don't intend to sell, mainly because I enjoy following everything going on out there, but with some of these 'offers' being enough to buy a big New Bass or Columbia River Boat and the Truck to pull it after Taxes really caught my attention... never seen offers like this before as they are almost ten times what I would normally see.

    Nope, I will continue to hold my Mineral rights and just keep drawing the Royalty checks for now. Mainly I was trying to get a feel of new Rigs and Crews rolling into the area... might be worth a trip out there to visit Relatives, Grandad's Homestead and have some REAL Barbeque!

    Thanks for the input and updates! 

    17

    May 15, 2022

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      Mister Sunday

      Yes! My offers have been getting pretty good as well.  I have half interest in 11.15 acres in the BSI Keydets and I 've had offers approaching six figures, with the multitude of offers steadily rising.  I can only imagine what hose offers would be like if BSI Keydets had actually been producing all this time.

      4

      May 17, 2022

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        EastTexasFarmer

        Some north Angelina County mineral owners are also being sent offers to sell their minerals at near legit pricing. The mineral owners that I have talked to have decided to retain their minerals and wait for further E&P development in the area.

        May 19, 2022