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Lethargic Natural Gas Prices During Epic Summer Heat
1 Reply

Started this discussion. Last reply by Skip Peel - Mineral Consultant Jul 20.

Caddeaux Pipeline, LLC Application for Caddo/DeSoto Parish Intrastate Pipeline
8 Replies

Started this discussion. Last reply by Chad Ellis Oct 6, 2022.

Exco Lease offer in South Caddo, Section 4, Township 15 North, Range 15 West
9 Replies

Started this discussion. Last reply by Caddo Rat Jun 25, 2018.

 

Les's Page

Latest Activity

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
Les posted a discussion

Lethargic Natural Gas Prices During Epic Summer Heat

Can someone explain to me why NG prices seem to be unaffected by the relentless summer heat across much of the country? Yes, NG storage tanks have been nearly full due to the mild winter and LNG shipping having been offline for many months. But in recent years, summer heat of this magnitude would have been bullish for NG prices as strained energy suppliers would have to resort to NG on the margins to meet AC demand. Not this summer. Nat Gas seems stuck in the $2.50/btu range.See More
Jul 18
1 Comment
Les replied to Skip Peel - Mineral Consultant's discussion Higher LNG exports to drive up US natgas prices, EIA projects
"Not sure how the EIA came up with these future HH price projections. With a projected HH price range only between $3.30 and $4.30 over the next 30 years, that seems to indicate last year's price spike was anomaly that won't be repeated. I…"
May 30
Les replied to Skip Peel - Mineral Consultant's discussion Smackover Lithium Play - South Arkansas and East Texas
"Skip, you addressed the question I had after reading these interesting articles and then overlaying the Smackover Formation maps with Haynesville Formation maps. It does appear there is quite a bit of overlap to the untrained eye but none of these…"
May 22
Les replied to Skip Peel - Mineral Consultant's discussion The Race to Debottleneck U.S. LNG Feedgas Routes
"Yes, it is exciting times with the prospect of LNG exports dramatically increasing starting in 2024/2025. Barring a sudden end to the Ukraine conflict and Russia NG resuming substantial exports to the West (highly unlikely), this should bode well…"
Mar 3
Les replied to Skip Peel - Mineral Consultant's discussion RBN's Five-Year Natural Gas Market Outlook
"Just the kind of optimistic outlook we royalty owners needed to read after the recent NG price meltdown! Hang in there!"
Feb 13
Les replied to John Denison's discussion WSJ: Natural-Gas Prices Swing Again in Unseasonal Slump
"By "next major correction" due to LNG export volumes I presume you mean an upward trend in prices. With many countries around the globe scrambling to secure future LNG shipments going forward, I would suspect much of the domestic glut we…"
Dec 8, 2022
Les replied to Skip Peel - Mineral Consultant's discussion Natural Gas Forward Prices Plummeting Amid Ample Storage Builds, Mild Temps
"Ouch..oh well...$9 NG was nice while it lasted!"
Oct 21, 2022
Chad Ellis replied to Les's discussion Caddeaux Pipeline, LLC Application for Caddo/DeSoto Parish Intrastate Pipeline
"Pipeline ROW agreements are complex.  i strongly recommend the use of an attorney.  I have both bought and granted ROW’s and I will not do so without my attorney’s review."
Oct 6, 2022
Iris replied to Les's discussion Caddeaux Pipeline, LLC Application for Caddo/DeSoto Parish Intrastate Pipeline
"This was about 35 years ago, maybe more."
Oct 5, 2022
Iris replied to Les's discussion Caddeaux Pipeline, LLC Application for Caddo/DeSoto Parish Intrastate Pipeline
"Hmm, Arkansas Louisiana Gas tried to shanghai  us by putting a pipeline across our property and some kind of fixture.  They sent like $700 each to the owners.  We sent them back  and then attorney, John Frazier, negotiated and we…"
Oct 4, 2022
Les replied to Les's discussion Caddeaux Pipeline, LLC Application for Caddo/DeSoto Parish Intrastate Pipeline
"Thanks all for the input. I have not yet been contacted by Caddeaux, so maybe they have changed their route again and the pipeline won't impact me. "
Oct 4, 2022
Les posted a discussion

Caddeaux Pipeline, LLC Application for Caddo/DeSoto Parish Intrastate Pipeline

I presume several of you received the above referenced notice of application for a proposed 36" Pipeline that would link up with other existing pipelines. Since I received this notice presumably the pipeline is projected to run under or near our property in DeSoto Parish. Years ago, during the first Haynesville Shale boom, I negotiated a contract for a similar pipeline under some property of ours in Bossier Parish. If I remember correctly, we were compensated based on how many "rods" the…See More
Oct 3, 2022
6 Comments
Les replied to Andy Franklin's discussion Glorias Ranch Wells - Exco in the group North Caddo Parish
"They indeed are good wells!  Exco struck gold, er NG with these 3 wells. I know the initial high production level will be throttled back in the coming months but I hope these are long-lived, for my kids sake!"
Aug 31, 2022
Les joined Coonman's group
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North Caddo Parish

All thing related to the Haynesville Shale play in North Caddo parish.See More
Aug 31, 2022
33 Comments
Les replied to Skip Peel - Mineral Consultant's discussion Court Rules Operator Falsified Test and Production Reports to Maintain Lease
"Hi Skip, Thank you for your posting on the Ganey versus Cupstid case and the unsettling prospect of falsified test and production reports in order to maintain leases. I have long been suspicious of that for some mineral rights in Bossier…"
Aug 18, 2022

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Les's Blog

Best way to pass mineral rights to next generation

After reviewing many of the posts regarding mineral rights inheritance in Louisiana, I could not find a reply to one poster's question on the value of forming family LLCs to hold mineral rights.  Evidently, many LA attorney's recommend them but I have yet to see anyone list compelling reasons for relatively small mineral rights owners to go to the expense to form one.

   In my case,  I collect relatively small royalties from some 40 wells scattered on many small lots spread throughout…

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Posted on September 25, 2011 at 11:42 — 7 Comments

Pipeline Easement Lease Rate

I apologize if this issue has been talked about before on this blog but I have not been able to locate any discussion on it. Has anyone been approached by an energy company to sign a pipeline easement contract? If so does anyone know what the going rate is in the Haynesville Shale is? I was offered a "per rod" price for the lease but I have no idea if it is a fair offer. Thanks

Posted on March 2, 2009 at 7:06 — 4 Comments

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At 12:00 on June 7, 2011, Big Daddy, bcnr said…

No problem Les. Definitely keep him in mind if you need estate services. He can probably clean up and simplify matters for you.

Regards from Rockford,

Cannie (Big Daddy bcnr)

At 7:53 on March 4, 2009, Keith Mauck (Site Publisher) said…
Welcome to the site! I hope the site is a large source of info for you.
 
 
 

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