"I didn't compose my last post very well. What I was saying is that if a company wants to drill right under a section line, surely they would propose some kind of sharing arrangement between the sections to each side of the lateral. And that…"
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Hale Yayuh's Discussions
And I thought $2.50 nat gas was bad
6 Replies
Have you seen the nat gas futures price? Down to $1.58 right now. Unreal.Continue
Started this discussion. Last reply by Rock Man Feb 24, 2024.
Obtaining producing well upgrade info on a well
9 Replies
Does anyone know if you can view what "major" work has been done on a well? Is a permit or a report required if they do something significant to improve the production, such as a refrac? Or install…Continue
Started this discussion. Last reply by Skip Peel - Mineral Consultant Aug 22, 2022.
How to find reported well costs
5 Replies
An early Louisiana Haynesville well... how, exactly, does one find the total drilling and completion costs of a well? I guess this is reported for severance tax issues; when does the operator make…Continue
Started this discussion. Last reply by Skip Peel - Mineral Consultant Dec 6, 2017.
Foreign entities gobbling up oil/gas deals
11 Replies
Why do you think these companies do it? The many number of deals where foreign (outside USA) companies buy deals from E&P companies, providing the seller a cash and carry. Chinese, Indian,…Continue
Started this discussion. Last reply by Hale Yayuh Oct 27, 2012.
Hale Yayuh's Page
Latest Activity
"I don't understand how a company could drill a well without knowing how it will be allocated. Surely that is known prior to spud. I must be missing something here."
"Something that people need to understand is that a very large percentage of the factors going into how much a company received back (if anything) are uncertain. The oil biz is rife with uncertainty. You could have everything perfect (as it can be)…"
"One thing to be aware of is to never, ever, ever depend on oil/gas income. It varies and sometimes, a lot. You take what you get. Also, communication with your operator is usually very problematic. Looking at it from their standpoint, there are a…"
"The guy in charge of this country thinks he's an Einstein about everything and he's actually hugely incompetent and I've voted GOP most of my life. I am very, very worried about natural gas (and oil). And the general economy. We are…"
"I am all for renewable energy. Remains to be seen if it's going to work long-term. The economics, the resource drain, safety. As for wind turbines, I don't like looking at them! I would be aghast if I had my dream parcel of land and…"
"Yes, Skip, as Jesse said in this thread -- the truth is the truth. And I, for one, am not remaining silent anymore. I'm tired of his b.s., he can't tell the truth and tomorrow, the lie will be different but it will be a lie, and I am…"
""Drill baby drill" is the dumbest thing ever. The public has been had. The oil biz doesn't work that way. Experts should tell the truth -- it is b.s. -- and consumers shouldn't fall for it. The last thing we need now is rampant…"
"Yep, it's pretty maddening to hear how many people think 'drill baby drill' has validity. It's nothing more than hype, propaganda and political posturing. What matters for oil and gas companies and their drilling schedule is…"
"I haven't kept up with the law on this situation but a few thoughts... if your lease is not HBP (held by production) by another well, I don't think they can sit there forever and do nothing. If the primary term of your oil n gas lease has…"
"The blurb about Comstock said that the first horseshoe well cost $32mm, $8mm less than drilling two 4500' lateral wells. Indicating that each 4,500' well would cost $20mm? That seems about twice as much as it would actually cost for a…"
"Vigo, it is most impressive what you have accomplished. If you don't mind mentioning, what is your profession? Just curious. Hope all this works out for you."
"Just as a FWIW, you are asking about and, apparently, seeking info that might require professional help, such as a highly experienced landman. An attorney would/could cost a small fortune on something like this. Ascertaining who owns what in a field…"
"I am surprised that this settlement price is $3.93, I figured it would be quite a bit lower. Happy it's higher!"
"On pg. 19 it says their methane emissions decreased 97% since 2021. They were committed! Anyone know any general tidbits on how this is achieved once they identify the leaks? Dig up leaking pipes and reconnect, wrap pipe leaks, superior wellhead…"
"Makes total sense to me and thanks for your correction and clarification. You're always helpful.
Hope it works out for them, love to see success and this stuff is crazy expensive!"
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Comment Wall (1 comment)
- At 10:06 on October 17, 2018,
Pine Knot said… - Don't know if they have recorded them yet, but do know they have 31, 32, 21, 27, 28 and north to Red River Parish line
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Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
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