Lawrence Silver
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Sale of Minerals
24 Replies

I keep getting offers to buy my minerals in DeSoto Parish (Spider field with old Haynesville shale wells - still lots of potential). The offers are $8000 plus per acre (I have a 20% royalty - for 25%…Continue

Started this discussion. Last reply by Russ Michaud Aug 9, 2023.

Ratification of a June 23, 1940 lease
13 Replies

I have a letter from an operating company in Shreveport asking that I sign ratification of an oil, gas, and mineral lease dated June 23, 1940. The minerals are located in Caddo Parish, Pine Island.…Continue

Started this discussion. Last reply by Skip Peel - Mineral Consultant Jul 30, 2018.

 

Lawrence Silver's Page

Latest Activity

Lawrence Silver and Skip Peel - Mineral Consultant are now friends
Dec 19, 2023
Russ Michaud replied to Lawrence Silver's discussion Sale of Minerals
"Thank you so much!   I was thinking of sitting tight but really appreciate your confirmation!"
Aug 9, 2023
Russ Michaud replied to Lawrence Silver's discussion Sale of Minerals
"The lot is 14.36 acres"
Aug 9, 2023
Rock Man replied to Lawrence Silver's discussion Sale of Minerals
"How many net mineral acres do you own? The larger the size of your asset, the more it pushes up the theoretical value. Not all tracts in the same area are created equal."
Aug 9, 2023
Russ Michaud replied to Lawrence Silver's discussion Sale of Minerals
"I have an offer to buy my 20% royalty interest in the minerals for a little over $8,350/acre in Section 22, Township 17 North, Range 15 West in Caddo Parish.     Getting a LOT of pressure to sell.  From the high pressure and…"
Aug 9, 2023
Steve P replied to Lawrence Silver's discussion Sale of Minerals
"with gas prices at their current (dismal) level, I’m surprised at how routinely I or a family member gets contacted about selling our mineral rights.  so far, we’ve politely declined all of the offers.  From unit filings, I…"
Jul 27, 2023
Jimmy Hamiter replied to Lawrence Silver's discussion Sale of Minerals
"My pleasure."
Jul 27, 2023
Jimmy Hamiter replied to Lawrence Silver's discussion Sale of Minerals
"Thank you, Skip. Great advice as always!"
Jul 27, 2023
Lawrence Silver replied to Lawrence Silver's discussion Sale of Minerals
"Thanks for the information. I'm going to hold on. The upfront money looks good, but like your property in Sec 32, you'll make a lot more when Comstock drills."
Jul 27, 2023
Jimmy Hamiter replied to Lawrence Silver's discussion Sale of Minerals
"Hi Lawrence. I'm also in the Spider field (Sec. 32, 12N, 14W) covering 40.762 total acres, of which I split one-half ownership with my sister. Last fall, we each got an offer that would total $400K ($200K each) not long after Comstock got a…"
Jul 26, 2023
Mac McKee replied to Lawrence Silver's discussion Sale of Minerals
"Thanks for the explanation."
Jul 26, 2023
Lawrence Silver replied to Lawrence Silver's discussion Sale of Minerals
"Thanks. With the information I've received, that's what I plan to do."
Jul 26, 2023
Les replied to Lawrence Silver's discussion Sale of Minerals
"Lawrence, We also own mineral rights in DeSoto Parish, Section 25, 15N,12W and I would echo Skip's comments that that area has tremendous potential. While last year's royalties from that section were modest, like you, we are getting…"
Jul 26, 2023
Mac McKee replied to Lawrence Silver's discussion Sale of Minerals
"Please explain royalty acre versus net mineral acre."
Jul 26, 2023
Lawrence Silver replied to Lawrence Silver's discussion Sale of Minerals
"Thanks for the advice, Skip. Great information. I believe I'll hold on."
Jul 26, 2023
Lawrence Silver replied to Lawrence Silver's discussion Sale of Minerals
"Thanks, Skip. The minerals are in Section 25, 12N-14W, Section 30, 12N-14W, Section 31, 12N-13W, and Section 36, 12N-14W."
Jul 26, 2023

Profile Information

How would you describe yourself?
Landowner
First Name
Lawrence
Zip Code
75454
Plays that you follow
Haynesville

Comment Wall (2 comments)

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At 12:23 on December 19, 2023, Skip Peel - Mineral Consultant said…

WELLS

SERIAL WELL NAME WELL NUM ORG ID FIELD PARISH PROD TYPE SEC TWN RGE EFFECTIVE DATE API NUM
254499 HA RA SUY:DRE 31&18-12-14 HC 001-ALT S9226 8575 16 00 031 12N 14W 12/19/2023 17031273150000
PRMT DATE SPUD DATE STAT DATE ST CD
12/19/2023 12/19/2023 01

WELL SURFACE COORDINATES

Surface Longitude Surface Latitude Lambert X Lambert Y Ground Elevation Zone Datum
93-50-41.16 31-59-17.43 1583084 483282 290 N NAD-27

WELL SURFACE COORDINATES GENERATED BY DNR

UTMX 83 UTMY 83 LONGITUDE 83 LATITUDE 83
420177.19871067 3539457.16502479 -93.84496478 31.98835873 View GIS

BOTTOM HOLE COORD

EFFECTIVE DATE END DATE PLUGBACK TOTAL DEPTH TRUE VERTICAL DEPTH MEASURED DEPTH LAT DEG LAT MIN LAT SEC LONG DEG LONG MIN LONG SEC COORDINATE SOURCE LAMBERT X LAMBERT Y ZONE COORDINATE SYSTEM
12/19/2023 26108 32 1 29.08 93 50 56.85 02 1581899 496600 N 01

WELL HISTORY

SERIAL WELL NAME WELL NUM ORG ID FIELD ST CD PT WELL CLASS EFF DATE END DATE STAT DATE
254499 HA RA SUY:DRE 31&18-12-14 HC 001-ALT S9226 8575 01 00 12/19/2023 12/19/2023

SCOUT INFO

REPORT DATE WELL STATUS MEASURED DEPTH TRUE VERT DEPTH DETAIL
12/19/2023 01 26108 1039' FNL & 1778' FWL OF SEC 31-T12N-R14W. PBHL
At 12:59 on February 18, 2010, Keith Mauck (Site Publisher) said…
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