"J. Shaler - as Skip says - there have been some informative discussions on decline rates. But the basic idea to understand is that each percentage stated refers to a percentage reduction of the production rate at thebeginning of the previous year of…"
"The Wood 30 H #1 has been producing for 12 months. You can expect an 82% decline rate the first 12 months of production. Second year a decline rate of 45%, third year 30%, fourth year 22%, and fifth year 18%."
Can anyone tell me if the Wood Well is doing any better? I don't know if the well has been cranked way down, or if there has been a problem, but the production has been almost nothing since the Garrett well was finished.Thanks,Trishagrumpy_granny@wildblue.netSee More
Hi Freddie Mac,
I think I may can get you a map from the court house in Coushatta. I know most everyone there in the clerks office, so if they have one, I know I can get you a copy.
I will check on that in the morning.
i am very interested in any help I may can get concerning some land in DeSoto Parish called
Gay Island. It is now owned by a Bethard as I've been told, but was purchased by my grandmother in 1912. My uncle always told me that Gay Island belonged to our family, but the court house had burned and he wasn't ever able to provide enough proof. His mother was Roxie Gay and she purchased Gay Island around 1912.
Anyone who might could give me some insight on this, I would appreciate… Continue
Does anyone know anything about the well they are preparing to put in RRP, T 14N-R9W-SEC30 ?
I see it looks like they have the pad built ?, not sure about all the terminology used----just wondering if anyone knows if they are planning on completing the well while onsite or if they will come back later to drill?
Trisha, just on your site from Central Mexico. I knew your mother Virginia and father J.J. very well. Went to church at Social Springs. Your grandmother (Mrs. Marie) was my Sunday school teacher.
Do you remember the McWilliams family Neil, Lois, Barbara and John??
Would like to know someone closer in the area who could let me know what is going on there. I have not been there in years and we really got taken on our original lease. Hope to hear from you soon.
Trisha, the NYMEX (Henry Hub) price for July was $3.95/MMBtu. I believe that would translate to a gas price in your area of ~ $3.70 per Mcf (thousand cubic feet). A gas rate of 20 MMcfd (million cubic feet per day) would generate a revenue of $115.63 per day for each acre in the unit. Assuming a royalty rate of 20% this would produce royalty payments of ~ $23 per day for each acre.
Just note the well rate will begin to decline immediately so is unlikely to average 20 MMcfd for more than a week.
Yes, put the question (s) to Fox on his page. He doesn't check it that often but be sure to tell him that LanadanDs3 sent you. Again, if ANYBODY knows this info -- he does. Keep me abreast on my page.
Lots of luck.
Thanks so much for your information. Sounds more promising than anything I've been told!!
I don't know any Giddens from close to Clarence, but I will ask my husband. His dad died when he was only 10 ( Jake ( J.J.) Giddens and we honestly don't know alot of his relatives on his Dad's side. Most of them that we know lived in Castor or Shreveport.
Okay, so as you can tell I don't know what I'm doing--- I just go to the DeSoto group and ask the question specifically to FOX? Is this correct?
It shows Gay Island on an abstract that was given to my brother-in-law from one of the landmen from Samson.
We may be spinning our wheels, but my Uncle was always so adamant that it was our land. Who knows, but hopefully your friend can HELP.
Thanks Again and I will let you know what I find out.
I have lived in DeSoto off and on since 1954. Never heard of "Gay Island", but then again, I don't claim to know everything.
However, there is ONE, and ONLY ONE person on this site I would send you to for this info. Check in with FOX (See DeSoto Parish group).
If there is ANYONE who can help you, then FOX can. I assure you, no -- I GUARATEE it, that HE IS IN A POSITION TO KNOW THESE THINGS ! !
Besides that, FOX is the kind of person who will go out of his way to help folks. (If you can't get thru -- just let me know, and I'll get a "switch" off'n the ole' peach tree out back and go after him ! LOL
Let me know how you come out.
P.S.-- Ya'll any relation to the Giddens who lived at the Saline Bayou bridge on Hwy 71 just below Clarence ? Just curious.
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More