Tommy
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  • West Monroe
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Tommy's Discussions

19-11-10
7 Replies

Started this discussion. Last reply by Skip Peel - Mineral Consultant Aug 30.

 

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Tommy and Chase are now friends
Sep 10
Tommy replied to Tommy's discussion 19-11-10
"Thanks Skip. Just for my edification, would $15K/acre be way out of realm of reality right now?"
Aug 30
Tommy replied to Tommy's discussion 19-11-10
"Hey Skip, we recently received several mineral rights offers in 19-11-10. Is this due to Tellurians recent sell. Largest offers we've received to date. Interested in current interest to this area. Thanks for any insight."
Aug 30
Tommy replied to Tommy's discussion 19-11-10
"Thanks Skip. Great to have your wealth of knowledge and insight."
Sep 30, 2022
Tommy posted a discussion

19-11-10

Any activity in 19-T11N-R10W Chemard Lake Desoto Parish?See More
Sep 29, 2022
Skip Peel - Mineral Consultant and Tommy are now friends
Feb 22, 2022

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At 4:40 on April 29, 2022, Skip Peel - Mineral Consultant said…

Approximately one half of the well lateral is in Section 7 and one half in Section 18.  The decimal interest on the unit well for 18 would be reduced by about one half for the new well.

At 3:39 on April 29, 2022, Skip Peel - Mineral Consultant said…

Section 18 is HA RA SUC.  The unit acres are 633.913.  The only unit tract that is close to 75 acres is listed as Nancy H. Green and is shown as 71.715 acres.  If that is correct, use those two numbers in your math along with the royalty fraction and see what you come up with.  Also realize that although the lease may have a legal description of 75 acres and the tract actually surveys as 71.715, the ownership may not be 100% of the tract acreage is the lessor only owns a one third interest.  Leases do not cite the lessor's acreage, it cites the tract acreage.  There can be multiple owners of that 71.715 acre tract.

At 8:27 on February 25, 2022, Skip Peel - Mineral Consultant said…

It is not so much permission to drill one or more wells, it is the "slot" that the lateral must conform to.  I refer to it as a "spacing order".  The well can not be drilled with just that slot approval.  A permit to drill for a horizontal lateral matching that slot must still be applied for and approved.  When a formation is unitized, in this case the Haynesville, all the wells producing from the Haynesville within the boundary of that unit pays royalty or production payments for those unleased to each and every mineral owner.

At 7:16 on February 25, 2022, Skip Peel - Mineral Consultant said…

It sounds like you are referring to a Field Order for alternate unit wells.  Once approved, they are effective indefinitely with no time table required to drill.  In fact, a latter application can supersede a field order.  More often than not, those field orders turn into well permits but trying to figure out when is an art only a few of us have.  Good luck.

At 7:13 on February 25, 2022, Skip Peel - Mineral Consultant said…

Tommy, "filed for permission" doesn't tell me if you are referring to an application for alternate wells (spacing) on the Commissioner's public hearing schedule or Chesapeake (Vine) was issued well permits to drill.

At 5:57 on February 23, 2022, Skip Peel - Mineral Consultant said…

That part of 10N-11W is on the edge of the defined HA/BO fairway and is Southwestern's AOI pretty much exclusively at this time.

13 HA RA SUN GROGAN TELLURIAN 617088 1 H  
14 HA RA SUZ GROGAN SWN 618250 3 HC 11&14 1 HC 14 & S1650' 11
15 HA RA SUDD GROGAN SWN 617166 1 H, 4 HC 15&22 3 HC 15&22, 2 H HC 22& S 2/3 15, 2 BO HC 22& S 2/3 15  
16 HA RA SUD GROGAN        
17 HA RA SUEE GROGAN SWN 616928 1 H  
18            
19            
20 HA RA SUW GROGAN SWN 618031 5 H  
21 HA RA SUE GROGAN SWN 616539 1 H  
22 HA RA SUQ GROGAN SWN 617362 1 H, 4 HC 15&22, 4 HC 22&27&34 2 H HC 22& S 2/3 15, 2 BO HC 22& S 2/3 15 
23 HA RA SUR GROGAN SWN 616677 1 H  
24 HA RA SUP GROGAN SWN 616999 1 H  
25            
26            
27 HA RA SUF GROGAN SWN 616760 1 H,4 HC 22&27&34  
28 JUR RA SUF GROGAN SWN 617056 1 H  
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30 JUR RA SUD GROGAN SWN 616839 1 H, 5 HC 31&30  
31 JUR RA SUA GROGAN SWN 615452 2 H, 5 HC 31&30  
32 JUR RA SUH GROGAN   616680 UNIT WELL P&A 2013  
33 JUR RA SUG GROGAN SWN 616818 1 H  
34 HA RA SUD SAN MIGUEL CREEK SWN 616768 1 H, 4 HC 22&27&34  
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