"The reason there are two contracts is due to Encana's error. They missed some property in a couple of sections. While the terms are somewhat, the difference is covered in the owners decimal interest, not in price. There were…"
full name's Groups
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DeSoto Parish
687 members
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Miller County, Arkansas
27 members
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Red River Parish
307 members
full name's Discussions
Issues with TNGR
16 Replies
I have two questions and would like to know if anyone else has these problems or has advice.1. Last month TNGR deducted costs from a number of wells that are cost free. They deducted these costs…Continue
Started this discussion. Last reply by Skip Peel - Mineral Consultant May 5, 2024.
Questions about new cross section wells
3 Replies
SWN recently completed four multiple section wells in 14N-14W. Two start in section 8 and go south, two in section 17 and go north.The first payment details showed up this week. I have two…Continue
Started this discussion. Last reply by Skip Peel - Mineral Consultant Nov 25, 2022.
Question about completion vs payment - SWN
4 Replies
SWN completed four wells - s/n 253103, 253104, 253105 and 253106 (Burford and Ben Land) in sections 8-17-20 and 17-20 of 14N 14W. Completion dates were 6/29 for two and 7/8 for two. I have not seen…Continue
Started this discussion. Last reply by full name Oct 28, 2022.
Chesapeake - Old Vine well revenue statements
5 Replies
Has anyone that has Vine wells received their first Chesapeake Statement?I got my first one yesterday and volume on all wells was zero as was the amount received. This a 50/50 Chesapeake/SWN section…Continue
Started this discussion. Last reply by Steve P Apr 28, 2022.
full name's Page
Latest Activity
full name replied to Quattro's discussion 1st Month for Expand reporting"I found a few interesting items on they Expand check. I have a location that is 1/2 SWN and 1/2 Chesapeake. Expand still reports them as two different line items and prices on each well. I have another location that has two…"
full name replied to Diana Canady's discussion How long can they drag their feet?"I had the same issue several years ago. A demand letter got their attention.
On a related note, this is the third year BPX has not sent a 1099. The past two years I was able to get a copy emailed to me ten days after the due date. …"
full name replied to Skip Peel - Mineral Consultant's discussion Are You Being Paid?"FYI - First production was in 9/23 first check received was in 11/23. Started refunding tax on 7/24. They have an interesting way of refunding the tax. They just stopped collecting tax on the new wells."
full name replied to Skip Peel - Mineral Consultant's discussion Are You Being Paid?"The first five Comstock wells (SURR and SULL) started paying within 60 days of completion and are now refunding the severance tax."
full name replied to William Arnold's discussion Payment Vouchers and Checks"Some companies post details late. TGNR usually is a week or more after the deposit appears in my account. It makes no sense since the information is required to calculate the payment. Others post early. EXCO is usually a week…"
full name replied to Ryan Howrish's discussion Pending Public Oil and Gas Hearings" It looks like the new wells are fracturing past the 300 foot boundary for each section. I have one old well that went from 2,000/mo to 70,000/mo when the section adjacent to the well was fracked and another well saw a substantial…"
full name replied to Ryan Howrish's discussion Pending Public Oil and Gas Hearings"EXCO has allowed this in the past. 015-14N-14W is an EXCO unit but it has a fault running through it. EXCO has wells (sections 10-15)in the North side of the fault and Comstock has wells in the south (sections 15-22-27)."
full name replied to Ryan Howrish's discussion Pending Public Oil and Gas Hearings"You have to click the link in the original message. That brings up the PDF file. Clicking on the "picture" will not work."
full name replied to Les's discussion Unleased Mineral Interest"I had the same problem several years ago. The property was located on the edge of the section. My lease said that the entire tract was leased but when Petrohawk set up the unitized section they left out a small sliver at the edge of the…"
full name replied to M B Gilster's discussion Delayed CHK Aug. Revenue Payments?"I received payment August 30 through ACH system."
full name replied to full name's discussion Issues with TNGR"Skip - I finally have all the responses to the demand letters. Here are the details:
Letter One- Comstock wells. TGNR said they would pay by end of year. Actually cut a special check on January 5 and amazingly it was…"
full name replied to Skip Peel - Mineral Consultant's discussion Arkansas Smackover Lithium Play"Great. Thanks for the information. Maybe a revenue stream for the grand-kids."
full name replied to Skip Peel - Mineral Consultant's discussion Arkansas Smackover Lithium Play"I think your math is a little off.
The conversion is a mas/volume divided by 119,800. So 208 mg is 0.001736 lb/gal
At 97.3% efficiency it is .001689 lb/gal
Times 129,600 gal/day yields 218.89 lbs
At $6.92/lb total amount/day is…"
full name replied to Skip Peel - Mineral Consultant's discussion Smackover Lithium Play - South Arkansas and East Texas"Thanks. I'll just keep raising timber."
full name replied to Skip Peel - Mineral Consultant's discussion Smackover Lithium Play - South Arkansas and East Texas"Hear anything about Miller County, AR (southwest corner)?
In the past year I have received a bunch of offers to by land and minerals. In the 30-40 years prior to that I never had an offer. Don't plan to sell but wonder if this is the lithium…"
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The Lithium Connection to Shale Drilling
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
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