Scott Walberg's Discussions
Hosston and Cotton Valley Zones
18 Replies
We have existing/active wells in DeSoto with Chesapeake. Apparently Chesapeake wants to negotiate new leases for the Hosston and Cotton Valley zones. We inherited these wells years ago and…Continue
Started this discussion. Last reply by Skip Peel - Mineral Consultant Feb 13.
Scout Code 31
2 Replies
We had a couple of wells in desoto parish. Red River basin HA RA SUHH;YAR36&25-12-13 and HA RA SUHH;YAR36&25&24-12-13HCThat were drilled and then both got tagged with Scout Code 31. I…Continue
Started this discussion. Last reply by Scott Walberg Nov 23, 2023.
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ray schmidt replied to Scott Walberg's discussion Hosston and Cotton Valley Zones"My suspicion is that they knew the inherent value there and didn’t want to sell at bargain basement prices!"
ray schmidt replied to Scott Walberg's discussion Hosston and Cotton Valley Zones"Thanks for the reply Skip! If memory serves me correctly they didn’t sell their deep rights in sec. 28&33 and I think in a long ago post you made light of that observation!"
Scott Walberg replied to Scott Walberg's discussion Hosston and Cotton Valley Zones"Skip, the test well coring was likely done with Wansley 25-12-13 #1 back in August /Sep 2023 not 2 years ago as I previously mentioned.
Your questions are professional versions of mine; ie how do they use existing wells, vertical or horizontal, etc,…"
ray schmidt replied to Scott Walberg's discussion Hosston and Cotton Valley Zones"We have mineral interests in 13N 15W Desoto parish and when Indigo was the operator they were drilling horizontal CV wells and had permitted more wells then COVID hit and the permits expired. SWN then became the operator and there was no interest in…"
Steve P replied to Scott Walberg's discussion Hosston and Cotton Valley Zones"don’t know. My brother had it and used it in all of our leases."
Steve P replied to Scott Walberg's discussion Hosston and Cotton Valley Zones"I have the same vertical Pugh clause as Scott. All rights except for the HA were released after the primary term.
Pinnacle drilled a Hosston well, I think in 24-12N-13W, back around 2006, that had an extraordinary unit configuration - quarter…"
Rock Man replied to Scott Walberg's discussion Hosston and Cotton Valley Zones"Looked at ENVERUS - lots of historical Hosston vertical production in this area / the term "Hosston" or "Hoss' tends to be in the well / unit name.
Aside from that, approximate formation tops here are:
Rodessa @ 4850
James @…"
Rock Man replied to Scott Walberg's discussion Hosston and Cotton Valley Zones"Looks like a great lease for that time period.
I will be looking at location and responding later.
I am no SONRIS experts - I live off ENVERUS (pay site) which is easy to find permits new or old.
CV or Hosston well depends obviously on depth - and…"
Scott Walberg replied to Scott Walberg's discussion Hosston and Cotton Valley Zones"Thanks Skip and Rock Man for responding.
Yes, Chesapeake has reached out for a new lease for the CV and Hosston zones. I have no idea if these are to be vertical or horizontal but our attorney suggested limiting them to existing pad sites. This…"
Rock Man replied to Scott Walberg's discussion Hosston and Cotton Valley Zones"I need some more info before being able to comment. Vertical wells with Pugh clauses will be holding rights from surface to 100-200' below deepest production.
Unless there is a unique original lease that also contained a shallow Pugh clause…"
Scott Walberg posted a discussionHosston and Cotton Valley Zones
We have existing/active wells in DeSoto with Chesapeake. Apparently Chesapeake wants to negotiate new leases for the Hosston and Cotton Valley zones. We inherited these wells years ago and fortunately there was a "pugh clause" in the original lease which forces them to do a new lease for these zones. They did an exporatory drill 2 years ago so I guess theres something there.Aand they must be getting better at drilling for the "tight natgas" now.Anyone else run into this?Any idea what the…See More
Scott Walberg left a comment for Scott Walberg"We have existing/active wells in DeSoto with Chesapeake. Apparently Chesapeake want to negotiate leases for the Hosston and Cotton Valley Zones. We inherited this well and fortunately there was a “Pugh clause” which forced them to do a…"
Scott Walberg replied to Scott Walberg's discussion Scout Code 31"Thank you. That was very informative. Have a great holiday!"
Scott Walberg posted a discussionScout Code 31
We had a couple of wells in desoto parish. Red River basin HA RA SUHH;YAR36&25-12-13 and HA RA SUHH;YAR36&25&24-12-13HCThat were drilled and then both got tagged with Scout Code 31. I haven’t been able to find any good definition (other than SONRIS’s basic) or description as to what that typically means. Any help is appreciated in a better description or example. Also Is there any hope these would open up some day?Thanks in advance and Happy ThanksgivingSee More
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Comment Wall (1 comment)
- At 14:23 on February 7, 2024, Scott Walberg said…
- We have existing/active wells in DeSoto with Chesapeake. Apparently Chesapeake want to negotiate leases for the Hosston and Cotton Valley Zones. We inherited this well and fortunately there was a “Pugh clause” which forced them to do a new lease for those zones. I guess they are getting better at extracting the “tight natgas”.
Anyone else run into this?
Any idea what the current market rates are for these zones?
Thanks in advance!
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