"Yes I agree, The chase is exciting though. I intend hanging on and taking what I get. I can confirm that I did receive an offer for $36,000 and for $36,350 per acre. It is tempting but then I realize the buyers want their share as well, why not wait…"
"If you own mineral rights that are leased then the price of the well has no bearing on the value of your mineral rights as the royalty is an income stream at the wellhead. If your section is getting ready to have 5 new alternate unit wells,…"
This is a wonderful position to be in, I own a few acres with 25% mineral rights on Bracky Branch 25-14-10w. One older existing well with 5 alternate wells permitted, the equipment is just being hauled on to the pad, single wide trailers lights generators etc...My phone keeps ringing with offers that are getting up there in numbers with zeros I've never seen before. The usual players I guess trying to buy my Royalties, Caddo, Cora, Maven, Atomic, Greenhook and others. The big question is this,…See More
I see Tellurian have been permitted 5 additional wells in the Bracky Branch Field section 25-36-14N-10W. When these wells are drilled is there any likelihood Tellurian would turn their attention to drilling in the Bossier shale on these sections. I have no idea how much land Tellurian have leased but they are self-funding their Driftwood LNG project at this time and may be for some time.See More
Just dropping by to say hello. Have one "shale" of a day. Also, there some new profile questions. Check those out by clicking HERE. We are also coming up on our 10,000th member. Be sure to celebrate with me. Click HERE for more about that.
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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