"Saw this a day or so ago. Came from the. Houston Chronicle.
The Railroad Commission of Texas, the state agency that regulates the oil and gas industry, postponed a vote on a proposal to institute state-mandated oil production cuts…"
"Well said. Also, the days of having 800 military bases around the world with a defense budget larger than the next ten nations while having a pandemic response akin to a shambolic excrement show will end. Priorities need a once over."
"Your “free market types” gladly allowed and encouraged the current set up, and were constantly rewarded with donations and votes. This was a process accelerated back when it was deemed: Morning in America. The last big send off was when…"
"The large price drop that everyone is seeing is for the may contract which expires on Wednesday 4/21. The futures price for July contracts are over $26 bbl and June contracts are over $21. The situation today is indicative of some…"
"Well, I”m a free market type, but we are reaching a critical point where national interests may take precedent. For instance, Congress could pass a law requiring the FDA to require that any patent owner of a new drug seeking FDA approval…"
"My post of having certain industries return to the US was not some naive expression of hope. It is an expression of hope, but here’s the deal. The question facing every candidate for President, Senate and House this Fall should be…"
JHH, Lumberjack showed up on GHS sometime back. If you use the key word, Lumberjack, and use the search box that appears to the right of My Page in the task bar below the GHS logo on any page, you can pull up those old discussions. There was some pretty antagonistic back and forth but I stand by what I posted then. Lumberjack Energy is registered as operator with the State of Louisiana, I don't know about Texas, however after all this time the company has zero wells in LA. I think this guy is simply looking to flip leases. That's not illegal but I would be very careful concerning the depths I would consider leasing to him. I would never grant an "all depths" lease to someone like this.
JHH. Just to help you understand what is going on with the city minerals and the value they command. Consider the following: Companies have been actively leasing residential and commercial properties within the city limits of Shreveport for eighteen months. That investment is worth more when they have the city properties that help make the leasehold more contiguous. And gives the winning bidder an advantage over those competitors holding urban leases. I believe the winning bidder considers the price paid to be quite reasonable. And it is 478 acres. Although landowners tend toward the opinion that on a per acre basis, one acre is as valuable as 100 in the same general location. The operators don't think, or do business, that way.
Welcome to GoHaynesvilleShale.com! I hope the site is a place for to learn, network and contribute. My name is Keith and I started the site in June of 2008 to open up lines of communication between landowners. We now have over 10,000 members. Be sure to peruse the site.
To give you a feel for current discussions, go HERE. Also be sure to follow details on the site HERE. Have fun SHALING!
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More