Sabine Parish, LA
All things, people, companies, places & geology related to the Haynesville Shale play in Sabine Parish
Wellbore Easement
We have been asked to grant a subsurface easement for wellbore purposes for a well that will be drilled in an adjacent section. They propose drilling approximately 270 feet across our property line and 5000-9000 feet below. Is there a going rate for this type of easement and how much would that be? Two wells will be drilled. Will the same radius and easement be used for both wells or does each well require their own radius and easement? What should I be looking for in terms of an agreement? Any and all help is greatly appreciated. Thank you in advance.
Skip Peel - Mineral Consultant
Dixie, wellbore easements are pretty rare these days. I assume that your minerals are not leased. If so, this becomes a question of the fair market value of the easements but also whether these wells will in any way inhibit when it comes time for your section to be developed. I think that what you need is an experienced O&G law firm that can advise you. I think that would be money wisely spent.
Oct 2, 2023