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Exco Lease offer in South Caddo, Section 4, Township 15 North, Range 15 West
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Started this discussion. Last reply by Caddo Rat Jun 25, 2018.
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Caddo Rat replied to Les's discussion Exco Lease offer in South Caddo, Section 4, Township 15 North, Range 15 West
Les's discussion was featuredExco Lease offer in South Caddo, Section 4, Township 15 North, Range 15 West
Hi all,Been a few years since I've had to research a landman's mineral lease offer! Furthermore, I thought Exco was going bankrupt so how are they still acquiring leases! Anyway, received an unsolicited offer of 1/4 royalty and $1000/acre signing bonus for our 10 acres in above section. Evidently Exco looking to put in a new well. Anyone familiar with the activity in this area and whether the offer is in the ballpark? Thanks.See More
Les replied to Les's discussion Exco Lease offer in South Caddo, Section 4, Township 15 North, Range 15 West"Thanks for your input Skip. No, I will not quibble over a few $ in signing bonus. As frequently discussed on this forum, the royalty percentage is far more important. I am going to try to negotiate a "no cost" lease. With my…"
Les replied to Les's discussion Exco Lease offer in South Caddo, Section 4, Township 15 North, Range 15 West"From what the landman told me, the well has not been drilled. It was to be a horizontal. Anyone know what signing bonuses go for these days. It has been years since I negotiated my last mineral lease."
William W. Waring III replied to Les's discussion Exco Lease offer in South Caddo, Section 4, Township 15 North, Range 15 West"The Muslow OG 8 001-Alt does not produce from Section 4. While the well is surfaced in Section 4, it only produces from Section 8, thus Les would not have much interest in this well unless he has a mineral interest in Section 8, in addition to his…"
RONNY replied to Les's discussion Exco Lease offer in South Caddo, Section 4, Township 15 North, Range 15 West"T15N R15W section 4 completed 3/22/2018
250202
HA RA SUK;MUSLOW OG 8
001-ALT"
William W. Waring III replied to Les's discussion Exco Lease offer in South Caddo, Section 4, Township 15 North, Range 15 West"Not in Section 4, T15N - R15W - what well are you referencing, specifically? "
"You might want to contact them new well just completed in April doing 10 million a day"
Les posted a discussionExco Lease offer in South Caddo, Section 4, Township 15 North, Range 15 West
Hi all,Been a few years since I've had to research a landman's mineral lease offer! Furthermore, I thought Exco was going bankrupt so how are they still acquiring leases! Anyway, received an unsolicited offer of 1/4 royalty and $1000/acre signing bonus for our 10 acres in above section. Evidently Exco looking to put in a new well. Anyone familiar with the activity in this area and whether the offer is in the ballpark? Thanks.See More
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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…
ContinuePosted on September 25, 2011 at 5:42pm — 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 12:06pm — 4 Comments
Comment Wall (2 comments)
- At 6:00pm 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 12:53pm on March 4, 2009, Keith Mauck (Site Publisher) said…
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