bel
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  • Houston, TX
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San Augustine County

I am a newbie, I know the survey and number for 4 separate tracks of land. Just have mineral rights. How do I go about finding out where this property is located. Cabot oil is wanting to lease. I have total 862 acres. They are offering $1000. per net mineral acre with 1/4 royalties. What do you think. Help!!!

Posted on February 1, 2010 at 12:07 — 5 Comments

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At 23:26 on February 1, 2010, Austin Eudaly said…
Barbara, no problem, the RRC site can be tough to navigate.

These tracts appear to be 4-6 miles south of the town of San Augustine, very near Highway 147. They are in a solid location for future production in my opinion.

I'm curious, did the lease offer state that you owned that many net mineral acres, or just that you owned an interest in the 800+/- acres?

On a side note, if you are interested in receiving alternative offers besides the current offer you have, I would be happy to take a closer look at your interests and see if other operators that are active in the area would be interested in making an offer as well.

Best,

Austin Eudaly
Austin.Eudaly@gmail.com
At 18:13 on February 1, 2010, Austin Eudaly said…
Barbara, regarding your mineral interests in San Augustine County: do you have the abstract numbers that the minerals are located in? I usually use the Texas Railroad Commision's website to determine location. This can be looked up by searching by survey/ abstract.

Depending on where the minerals are located at will determine what is a fair bonus price at this point. I would say that the closer your mineral interests are in relation to the town of San Augustine the better.
At 13:11 on February 1, 2010, bel said…
Hello! I hope the site is a place for you to learn, network and contribute. My name is Keith and I started the site in June of 2008 to open up lines of communication between landowners. Since then, we have grown to over 10,000 members.

There are a couple things you should check out. 1) Check out current discussions. 2) Join in on the County and Parish Groups. By joining a County or Parish, you are networking locally with people who share similar concerns.

Be sure to read up on how to navigate the site HERE. This will help you get the most out of the site.

Lastly, be sure to check out our tool bar. It will speed up your participation. Download our free toolbar


As a member, should you ever be on the recieving end of crudeness, rudeness or spam, let me know. The site is a peered monitored site and we need your assistance.

best,

Keith "Haynesville"
Site Publisher

P.S. Have fun SHALING!

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