All Blog Posts Tagged 'Highlighted:' - GoHaynesvilleShale.com2024-03-29T15:14:10Zhttps://gohaynesvilleshale.com/profiles/blog/feed?tag=Highlighted%3A&xn_auth=noJim Matlock Press Releasetag:gohaynesvilleshale.com,2023-08-18:2117179:BlogPost:40454502023-08-18T14:04:30.000ZJames Matlockhttps://gohaynesvilleshale.com/profile/JamesMatlock218
<p>Eighteen Years Field Experience and Problem-Solving Working for All Texans<br></br>Nacogdoches, TX— 08/14/2023 — At his official campaign kickoff speech over the weekend, Jim Matlock announced that he would be running to become the next commissioner of Railroad Commission of Texas, against incumbent Christi Craddick in the 2024 Republican Primary on March 5, 2024.</p>
<p><br></br>“We need someone like Jim Matlock at the helm of the Texas Railroad Commission,” said Kurt Schwab, Congressional…</p>
<p>Eighteen Years Field Experience and Problem-Solving Working for All Texans<br/>Nacogdoches, TX— 08/14/2023 — At his official campaign kickoff speech over the weekend, Jim Matlock announced that he would be running to become the next commissioner of Railroad Commission of Texas, against incumbent Christi Craddick in the 2024 Republican Primary on March 5, 2024.</p>
<p><br/>“We need someone like Jim Matlock at the helm of the Texas Railroad Commission,” said Kurt Schwab, Congressional Candidate for Texas Congressional District 33.<br/><br/>Many Texans have already signed the petition and volunteered to work for the campaign to help get Jim Matlock elected to Railroad Commission of Texas. Cumulus Broadcasting/Westwood One, a news and marketing company, recently committed to helping Jim Matlock get elected to the Railroad Commission of Texas “I am going to help you win this campaign,” said Jonathan Silver, Senior Political Strategist, Cumulus Broadcasting/Westwood One. “You’re the right choice for the future of<br/>Railroad Commission of Texas.</p>
<p>The Railroad Commission of Texas is the regulatory and oversight agency of the oil and gas industry, pipeline construction and maintenance, and coal mine operations including reclamation<br/>projects. Jim Matlock is committed to keeping Texas as the number one oil and gas producer in the country. Jim says, “Railroad Commission of Texas is not doing enough to protect individual property and mineral owner’s rights in the State of Texas.” He went on to say, “The Railroad<br/>Commission should take the lead to working with PUC Tx, and TCEQ on projects that would:</p>
<ul>
<li>Protect our ground and surface water.</li>
<li>Reduce flare and vent gas emissions while strengthening and securing our energy grid.</li>
<li>Work with small operators to reduce the paperwork burden through a more streamlined Commission.</li>
<li>Work with municipalities and Co-Op’s to better equip their teams in working with the commission on the local natural gas distribution systems.</li>
<li>Promoting alternative energy sources.</li>
<li>Find ways to remove the 8,000 plus orphaned wells from the state’s liability.</li>
</ul>
<p>To find out why so many people are getting behind Jim Matlock, visit <a href="https://matlock4rrc.com%C2%A0and">https://matlock4rrc.com and</a> volunteer to help spread the message Jim is trying to get out there.</p>
<p><br/>Born in 1972, Jim Matlock was raised in east Texas, where he was taught family values and how to help protect the interests of small farmers and ranchers. Jim worked on dairy farms from the age of nine, started and maintained a small herd of cows of his own at age 15, and worked in the hot and dusty east Texas hayfields at age 14. Jim was very active in the FFA, and agriculture programs in high school. After graduating high school, Jim carried the same local mentality to the United States Marine Corps where he took an oath to protect and defend the Constitution of the United States of America. He says Constitution is what protects the rights of individuals across this great country. While in the Marine Corps, Jim was attached to Marine Corps Security Forces Company. Jim’s unit worked closely with special forces units such as the Navy Seals, providing security for special assets and important dignitaries worldwide.</p>
<p></p>
<p>After being medically discharged from the Marine Corps in 1995, Jim began a career as an over the road truck driver. In 2005, Jim entered the Oil and Gas Industry with no experience and was promoted to shift supervisor within three weeks. Jim Matlock has held a wide range of<br/>positions within the industry; from truck driver to landman, from dispatcher to yard manager and for the past five years, he has been an independent consultant for new start up companies within the oil and gas industry. Jim’s mission is to reduce the amount of waste through recycling and repurposing, improve efficiency within the Commission and industry alike, while reducing or eliminating the environmental impacts. Part of his goals include ramping up production and keeping the Federal Government and the Federal EPA as far removed from the Texas energy<br/>sector as possible. Jim wants to give every Texan a voice in Austin about energy production and prices to consumers.</p>
<p></p>
<p><a href="https://storage.ning.com/topology/rest/1.0/file/get/12199326501?profile=original" target="_blank" rel="noopener"><img src="https://storage.ning.com/topology/rest/1.0/file/get/12199326501?profile=RESIZE_710x" class="align-center"/></a></p>Natural Gas Jun 23 (NG=F) at 2.192 on May 10, 2023tag:gohaynesvilleshale.com,2023-05-10:2117179:BlogPost:40394932023-05-10T16:01:31.000ZNatchitochesmanhttps://gohaynesvilleshale.com/profile/wilhunter
<p></p>
<h1 class="D(ib) Fz(18px)"><span>Natural Gas Jun 23 (NG=F)</span></h1>
<p></p>
<p><span>MAY 10, 2023</span></p>
<p></p>
<p><span><a href="https://storage.ning.com/topology/rest/1.0/file/get/11074903698?profile=original" target="_blank" rel="noopener"><img src="https://storage.ning.com/topology/rest/1.0/file/get/11074903698?profile=RESIZE_710x" class="align-full"/></a></span></p>
<p></p>
<p></p>
<h1 class="D(ib) Fz(18px)"><span>Natural Gas Jun 23 (NG=F)</span></h1>
<p></p>
<p><span>MAY 10, 2023</span></p>
<p></p>
<p><span><a href="https://storage.ning.com/topology/rest/1.0/file/get/11074903698?profile=original" target="_blank" rel="noopener"><img src="https://storage.ning.com/topology/rest/1.0/file/get/11074903698?profile=RESIZE_710x" class="align-full"/></a></span></p>
<p></p>Keeping GoHaynesvilleShale Onlinetag:gohaynesvilleshale.com,2020-12-04:2117179:BlogPost:39482282020-12-04T16:08:38.000ZKeith Mauck (Site Publisher)https://gohaynesvilleshale.com/profile/Haynesville_Shale
<p>GHS Community,</p>
<p>We launched GoHaynesvilleShale.com in the summer of 2008, to simply get answers to our own questions regarding the leasing and drilling of our family farm. At the time, my oldest was 2, she’s now 14! It was a pretty innocuous beginning, but when the website lit up with activity, I realized just how much of a vital a service the website provided. However, we’ve hit a rough patch with the pandemic and we are seeking donations from those that value GHS.</p>
<p><strong>Due…</strong></p>
<p>GHS Community,</p>
<p>We launched GoHaynesvilleShale.com in the summer of 2008, to simply get answers to our own questions regarding the leasing and drilling of our family farm. At the time, my oldest was 2, she’s now 14! It was a pretty innocuous beginning, but when the website lit up with activity, I realized just how much of a vital a service the website provided. However, we’ve hit a rough patch with the pandemic and we are seeking donations from those that value GHS.</p>
<p><strong>Due to the pandemic’s effects on advertising, we are asking our community members to consider giving to keep this a place for networking, learning and promoting shale drilling. We want to ensure that we are able to continue operations through 2021</strong></p>
<p></p>
<p>We have two ways to donate.</p>
<p>- Paypal - <a href="https://www.paypal.com/donate/?cmd=_s-xclick&hosted_button_id=696SSN77RTAW8&source=url" target="_blank" rel="noopener"></a><a href="https://www.paypal.com/donate/?cmd=_s-xclick&hosted_button_id=696SSN77RTAW8&source=url" target="_blank" rel="noopener"></a><a href="https://www.paypal.com/donate/?cmd=_s-xclick&hosted_button_id=696SSN77RTAW8&source=url" target="_blank" rel="noopener"></a><a href="https://www.paypal.com/donate/?cmd=_s-xclick&hosted_button_id=696SSN77RTAW8&source=url" target="_blank" rel="noopener">https://www.paypal.com/donate/?cmd=_s-xclick&hosted_button_id=696SSN77RTAW8&source=url</a></p>
<p>- GoFund Me - <a href="https://www.gofundme.com/f/keep-the-gohaynesvilleshale-community-online" target="_blank" rel="noopener">https://www.gofundme.com/f/keep-the-gohaynesvilleshale-community-online</a></p>
<p><br/>Thousands of landowners monthly continue to visit our community to glean and share information. My hope is that our network will continue to thrive and make a difference for landowners with mineral ownership. We need a place to discuss these important issues.<br/><br/>The sites have always been 99% funded by advertisers and we've worked hard to keep it that way. I want to keep the sites free and open for anyone who wants to join and participate, or join and simply read. This has been made possible through great advertisers and a loyal audience. As we know, 2020 brought challenges for all of us. For GHS, we lost our main advertiser, an oil and gas event company. So we are reaching out to you, those who have given your time, knowledge and energy to our community.<br/><br/><strong>We want to be sure that the network's fixed expenses will be covered for 2021</strong>. These expenses primarily include software services. Your donation will help us recoup some 2020 losses and plan for a successful 2021.<br/><br/>And by the way, no donation is too small. We take each donation as a sign of encouragement to keep plugging away.<br/><br/>Thank you for considering a donation!<br/><br/><br/>Blessings,</p>
<p>Keith Mauck</p>
<p>Publisher</p>Facilities, Production & Water Management: Oil & Gas Events Go Virtualtag:gohaynesvilleshale.com,2020-09-08:2117179:BlogPost:39226082020-09-08T05:30:00.000ZKeith Mauck (Site Publisher)https://gohaynesvilleshale.com/profile/Haynesville_Shale
<p style="text-align: center;"><a href="https://gohaynesvilleshale.com/" rel="noopener" target="_blank"><img src="https://storage.ning.com/topology/rest/1.0/file/get/7862210294?profile=RESIZE_710x" style="display: block; margin-left: auto; margin-right: auto;"></img></a></p>
<p align="left"><span style="font-size: 12pt;">Shalers,</span></p>
<p align="left"><span style="font-size: 12pt;">American Business Conferences has been long time sponsors of this community. Essentially, since the beginning of this website-that's nearly 12 years! With COVID restrictions in place, they are focusing on virtual events as they get things moving again. But, they…</span></p>
<p style="text-align: center;"><a href="https://gohaynesvilleshale.com/" target="_blank" rel="noopener"><img src="https://storage.ning.com/topology/rest/1.0/file/get/7862210294?profile=RESIZE_710x" style="display: block; margin-left: auto; margin-right: auto;"/></a></p>
<p align="left"><span style="font-size: 12pt;">Shalers,</span></p>
<p align="left"><span style="font-size: 12pt;">American Business Conferences has been long time sponsors of this community. Essentially, since the beginning of this website-that's nearly 12 years! With COVID restrictions in place, they are focusing on virtual events as they get things moving again. But, they will have the same great content and quality of speakers! Take a look at their upcoming events. They have single day options as well if a particular day appeals to you.</span></p>
<p align="left"><span style="font-size: 12pt;">Keith Mauck</span></p>
<p align="left"><span style="font-size: 12pt;">Publisher</span></p>
<p align="left" style="text-align: center;"><span style="font-size: 12pt;">___________________________________________________________________</span></p>
<p align="left"></p>
<p style="text-align: center;"><img src="https://storage.ning.com/topology/rest/1.0/file/get/7862339860?profile=RESIZE_710x" width="379" height="50"/></p>
<p style="text-align: center;"><span style="font-size: 12pt;"><strong>VIRTUAL OIL & GAS EVENTS</strong></span><br/> <span style="font-size: 12pt;"><strong>Access All Content From Your Home Or Office Live And On-Demand</strong></span></p>
<p><span style="font-size: 12pt;">This year, don't miss out on taking part in events because of COVID-19, try our virtual platform and see how much valuable information you will gain and how many new contacts you will make. Benefit from being able to video chat with other attendees, access the live networking lounge, view copies of videos & presentation materials post event and meet the virtual sponsors and exhibitors showcasing details of the latest technologies. </span></p>
<p><span style="font-size: 12pt;"> </span></p>
<p><span style="font-size: 12pt;">See the events that American Business Conferences are holding over the next few months below:</span></p>
<table cellspacing="0" width="100%">
<tbody><tr><td valign="top"><div><p></p>
</div>
</td>
</tr>
</tbody>
</table>
<p></p>
<p style="text-align: center;"><a href="http://www.shale-water-marcellus-utica.com/" target="_blank" rel="noopener"><img src="https://storage.ning.com/topology/rest/1.0/file/get/7862191083?profile=RESIZE_710x" width="499" height="326"/></a></p>
<p style="text-align: center;"><a href="http://www.facilities-design-onshore.com" target="_blank" rel="noopener"></a><a href="http://www.facilities-design-onshore.com" target="_blank" rel="noopener"><img src="https://storage.ning.com/topology/rest/1.0/file/get/7862186652?profile=RESIZE_710x" width="500" height="336"/></a><a href="http://www.facilities-design-onshore.com" target="_blank" rel="noopener"></a></p>
<p style="text-align: center;"><a href="http://www.production-chemicals-optimization.com/" target="_blank" rel="noopener"><img src="https://storage.ning.com/topology/rest/1.0/file/get/7862199267?profile=RESIZE_710x" width="500" height="363"/></a></p>
<p style="text-align: center;"></p>
<p style="text-align: center;"><span style="font-size: 12pt;"><strong>OTHER FORTHCOMING VIRTUAL EVENTS</strong></span></p>
<p style="text-align: center;"></p>
<p style="text-align: center;"><span style="font-size: 12pt;"><a href="https://american-business-conferences-news.com/t/SRO-70ZFD-5HB1LK-46KQNF-1/c.aspx" target="_blank" rel="noopener">Oil & Gas Pipeline Integrity & Data Utilization Solutions</a>: October 27-28, Virtual</span></p>
<p style="text-align: center;"><span style="font-size: 12pt;">Produced Water Management Permian Basin: December 2020, Virtual</span></p>
<p style="text-align: center;"></p>
<p style="text-align: center;"><span style="font-size: 12pt;">______________________________________________________________________________</span></p>
<p style="text-align: center;"></p>
<p style="text-align: center;"><span style="font-size: 12pt;"><strong>SPONSORSHIP & EXHIBITION OPPORTUNITIES AVAILABLE NOW </strong></span></p>
<p style="text-align: center;"></p>
<p style="text-align: left;"><span style="font-size: 12pt;">Attending these Virtual events are a cost-effective and time-efficient way to learn about solutions for developing solutions this year and beyond. There are openings for Sponsors and Exhibitors to showcase their solutions in the Virtual Exhibit Area. Contact the team on (1) 800 721 3915 or email as at <a href="mailto:sponsorship@american-business-conferences.com?subject=SWM20%20Enquiry" target="_blank" rel="noopener">sponsorship@american-business-conferences.com</a> to find out more information.</span></p>
<p style="text-align: left;"></p>
<p style="text-align: left;"><span style="font-size: 12pt;">I look forward to welcoming you one of our virtual events this quarter.</span></p>
<p></p>
<p><span style="font-size: 12pt;"><font>Kind Regards,</font></span></p>
<p></p>
<p><span style="font-size: 12pt;"><b><font>Jane Thomas</font></b></span></p>
<p><span style="font-size: 12pt;"><font>Director</font></span></p>
<p><span style="font-size: 12pt;"><font>American Business Conferences</font></span></p>
<p><span style="font-size: 12pt;"><font>T: 1-800-721-3915</font></span></p>
<p><span style="font-size: 12pt;"><font>E: <a href="mailto:info@american-business-conferences.com" target="_blank" rel="noopener">info@american-business-conferences.com</a></font></span></p>
<p></p>31 Operating Co. back in business again?tag:gohaynesvilleshale.com,2020-03-06:2117179:BlogPost:38921432020-03-06T17:29:16.000ZWilliam G. Foglehttps://gohaynesvilleshale.com/profile/WilliamGFogle
<p>Kris Freeman with 31 Operating just contacted me re: $ owed me. I hope that he did so with those others of you that he owed royalties to. A thought: let's not let something like this get this far out of hand before speaking up. I can assure you I won't wait so long again to bring up the problem! Thanks for all of your input.</p>
<p>Bill</p>
<p>Kris Freeman with 31 Operating just contacted me re: $ owed me. I hope that he did so with those others of you that he owed royalties to. A thought: let's not let something like this get this far out of hand before speaking up. I can assure you I won't wait so long again to bring up the problem! Thanks for all of your input.</p>
<p>Bill</p>Any new activity for Angelina County?tag:gohaynesvilleshale.com,2019-12-10:2117179:BlogPost:38690642019-12-10T19:30:00.000ZRyan Mott Oliverhttps://gohaynesvilleshale.com/profile/RyanMottOliver
<p>Me and my two brothers had a lease that has now expired and no other Landman or Oil Company has approached us for the Mineral Rights we have in Angelina County, Lufkin Texas.</p>
<p>Original lease was in 2015 but expired earlier this Year.</p>
<p><br/>Chandler Johnson A-19 is location.</p>
<p>Me and my two brothers had a lease that has now expired and no other Landman or Oil Company has approached us for the Mineral Rights we have in Angelina County, Lufkin Texas.</p>
<p>Original lease was in 2015 but expired earlier this Year.</p>
<p><br/>Chandler Johnson A-19 is location.</p>Foreclosure, No bank subrogation, now an unleased mineral ownertag:gohaynesvilleshale.com,2019-10-09:2117179:BlogPost:38591652019-10-09T18:40:35.000ZRon Hancehttps://gohaynesvilleshale.com/profile/RonHance
<p>Foreclose, Commercial property, no bank subrogation (they didn't sign off on the oil and gas lease). I purchased the minerals from the bank so I am now an unleased mineral owner. At the time of drilling and for a few years after the minerals were under lease executed by the borrower. </p>
<p>So am I, as an unleased mineral owner, responsible for the costs of the well? (aka, do I have to wait for the well to payoff before i start receiving a royalty). Assuming I shouldn't have to pay for…</p>
<p>Foreclose, Commercial property, no bank subrogation (they didn't sign off on the oil and gas lease). I purchased the minerals from the bank so I am now an unleased mineral owner. At the time of drilling and for a few years after the minerals were under lease executed by the borrower. </p>
<p>So am I, as an unleased mineral owner, responsible for the costs of the well? (aka, do I have to wait for the well to payoff before i start receiving a royalty). Assuming I shouldn't have to pay for the drilling costs what do I do? </p>
<p></p>
<p>I appreciate any help/advice. </p>
<p></p>
<p>Thanks. Ron</p>SWN JIB collectiontag:gohaynesvilleshale.com,2019-01-08:2117179:BlogPost:37949792019-01-08T18:28:41.000ZRobin Talltreehttps://gohaynesvilleshale.com/profile/RobinTalltree112
<p></p>
<p>Lower Tick Creek Brown Dense sell off by SWN comes after failure to payout Sharp22, 3rd quarter 2016, when Sharp 22 well costs were covered. $7million of Sharp 22 production directed to SWN, bypassing UMI's. UMI's were wrongly billed JIB expenses for Benson 27. After 1700 JIB was netted by SWN from one UMI's production, under protest, a collection agent for SWN called to demand $89 dollars to clear the JIB billing expense. So much corruption...</p>
<p>Now a Velandera Energy…</p>
<p></p>
<p>Lower Tick Creek Brown Dense sell off by SWN comes after failure to payout Sharp22, 3rd quarter 2016, when Sharp 22 well costs were covered. $7million of Sharp 22 production directed to SWN, bypassing UMI's. UMI's were wrongly billed JIB expenses for Benson 27. After 1700 JIB was netted by SWN from one UMI's production, under protest, a collection agent for SWN called to demand $89 dollars to clear the JIB billing expense. So much corruption...</p>
<p>Now a Velandera Energy Partners, LLC shows up...just another shade of SWN...same players, new name.</p>sonris well reports and documentstag:gohaynesvilleshale.com,2018-10-14:2117179:BlogPost:37601082018-10-14T21:48:52.000Zjames hortonhttps://gohaynesvilleshale.com/profile/jameshorton
<p>When Sonris Lite is used to pull up the well information, a click on the serial number on that information page will list associated documents .</p>
<p>When Sonris Lite is used to pull up the well information, a click on the serial number on that information page will list associated documents .</p>Unleased in Red River and Bienvilletag:gohaynesvilleshale.com,2018-05-09:2117179:BlogPost:36917732018-05-09T13:14:42.000ZRenee Whttps://gohaynesvilleshale.com/profile/ReneeW
<p>We are a novice in trying to understand Sonris. We own approximately 38 acres in both Red River and Bienville Parishes. 14N R7 33,34 outside of Ashland and 12N 8 29 near Grand Bayou Reservoir. Both were leased twice about 8 years ago, but have not had any further leasing opportunities except the occasional generic letter asking if we would like to sell our rights. We can no longer locate the coordinates on the Ashland area on Sonris. Do not know if the land has been removed from Haynesville…</p>
<p>We are a novice in trying to understand Sonris. We own approximately 38 acres in both Red River and Bienville Parishes. 14N R7 33,34 outside of Ashland and 12N 8 29 near Grand Bayou Reservoir. Both were leased twice about 8 years ago, but have not had any further leasing opportunities except the occasional generic letter asking if we would like to sell our rights. We can no longer locate the coordinates on the Ashland area on Sonris. Do not know if the land has been removed from Haynesville or not. Any ideas of what is happening in these areas? </p>Pinpoint-Entry Fracturing vs. Plug and Perftag:gohaynesvilleshale.com,2018-01-18:2117179:BlogPost:36626282018-01-18T14:44:59.000ZKeystone Energy Toolshttps://gohaynesvilleshale.com/profile/KeystoneEnergyTools
<p><strong>Limited Entry Fracturing</strong></p>
<p>Plug and perf (or limited entry) is the preferred and most common fracturing method for unconventional wells. Often employed in wells with cemented liners, it involves pumping down a bridge plug on wireline with perforating guns. The plug is set at a horizontal location near the well toe and the zone is then perforated. Next, the tools are removed from the well and the fracture stimulation treatment gets pumped in. A ball-activated plug…</p>
<p><strong>Limited Entry Fracturing</strong></p>
<p>Plug and perf (or limited entry) is the preferred and most common fracturing method for unconventional wells. Often employed in wells with cemented liners, it involves pumping down a bridge plug on wireline with perforating guns. The plug is set at a horizontal location near the well toe and the zone is then perforated. Next, the tools are removed from the well and the fracture stimulation treatment gets pumped in. A ball-activated plug diverts fracture fluids through the perforations and into the formation. As the “plug and perf” process is repeated for each stage, the downhole tools move from the end of the wellbore back to the beginning until each stage has been fraced. </p>
<p>Limited entry operations are predictable and repeatable—two things operators love. However, limited entry comes with its limitations. One disadvantage is that multiple permanent entry points are created per target fracturing stage, with multiple perforations per entry point over dozens of target stages along the length of the wellbore. Since multiple perforation clusters are stimulated simultaneously, there is no control over the size of each fracture. Some clusters are not stimulated at all, while others receive varying amounts of treatment. The result is gaping areas of the formation that remain unstimulated.</p>
<p>This lack of control during frac placement opens the door for disruptive technologies that address these concerns in very tangible ways. Which leads us to “pinpoint” fracing …</p>
<p> </p>
<p><strong>Pinpoint Entry Fracturing</strong></p>
<p>With limited entry (discussed above), drillers frac multiple clusters (group of perforations intervals, or zones) at the same time. Most drilling operations in the United States include five clusters per stage. Some oil and gas operators are experimenting with an increased number of clusters (up to 16 per stage).</p>
<p>There’s a significant group of important operators (including ExxonMobil, Shell, Apache, among others) that seem to be convinced that it is extremely difficult to accurately and equally frac each zone, all at the same time, with limited entry. Therefore, they prefer to treat each zone individually. That’s where pinpoint, or single-point entry, fracturing comes in.</p>
<p> </p>
<p> </p>
<p>Pinpoint fracturing can improve near-term and long-term well performance compared to plug-and-perf. It provides consistent, repeatable fracture placement along the entire lateral of each well and from well to well. Zones are isolated with sand plugs and operators can frac each cluster individually with coiled tubing in the well. This allows operators to optimize the stimulation design for a given formation. Locations of fracture initiation are verifiable and consistent, because pinpoint fracturing treats a single cluster at a time. The amount of proppant and fluid pumped into each fracture is consistent.</p>
<p>Pinpoint fracing has been growing in popularity and many service companies have designed completions systems around it. Indeed, there are several completions companies cropping up lately that sell specialized tools for unconventional multistage fracturing. That said, one of the big selling points of pinpoint stimulation is that it requires less equipment and a smaller footprint.</p>
<p>Operators who end up going back to plug and perf say the maximum number of stages they can frac with pinpoint stimulation is a limitation, as are the pump rate they can achieve. They also cite cost and operational inefficiencies. For example, one of the most successful pinpoint frac systems these days comes from <a href="http://www.ncsmultistage.com/">NCS Multistage</a>. The systems are limited by the maximum depth and flow rate they can achieve; both issues are due to the fact that they require coiled tubing to activate their sleeves.</p>
<p> </p>
<p><strong>What Do You Think?</strong></p>
<p>While many single-point entry fracturing adopters have found it increases oil production, many of the big players stick with the more traditional plug-and-perf method. What’s your opinion? What do you think is next in stimulation technology? What emergent methods will be the next “big thing” in hydraulic fracturing?</p>
<p> </p>
<p><a href="https://www.keystoneenergytools.com/contact/">Get in touch with us</a> and let us know what you think. And if you need support and stability from a manufacturer with over fifty years of experience in designing, manufacturing, and delivering high-quality oilfield tools, Keystone Energy Tools will be happy to assist you.</p>Newbie heretag:gohaynesvilleshale.com,2017-11-25:2117179:BlogPost:36521002017-11-25T01:30:35.000ZFrank Robertshttps://gohaynesvilleshale.com/profile/FrankRoberts
<p>I am owner of undivided 200 or so acres in Sabine Parish...along the Many highway, just east of the</p>
<p>bridge to Texas. Property acquired by my grandfather in early 1930's ... long-term timber lease granted to</p>
<p>large lumber concern in the 1940's ... this lease still in play. Interested in suggestions as to how to value and</p>
<p>sell my interest. Thank you for any assistance to this rookie.</p>
<p>Frank R.</p>
<p>I am owner of undivided 200 or so acres in Sabine Parish...along the Many highway, just east of the</p>
<p>bridge to Texas. Property acquired by my grandfather in early 1930's ... long-term timber lease granted to</p>
<p>large lumber concern in the 1940's ... this lease still in play. Interested in suggestions as to how to value and</p>
<p>sell my interest. Thank you for any assistance to this rookie.</p>
<p>Frank R.</p>Shale Activity is Picking Up, Join Your Parish or County Grouptag:gohaynesvilleshale.com,2017-11-22:2117179:BlogPost:36517152017-11-22T16:00:00.000ZKeith Mauck (Site Publisher)https://gohaynesvilleshale.com/profile/Haynesville_Shale
<p><a href="http://gohaynesvilleshale.com/page/state-groups" target="_self"><font face="helvetica" size="4"><img class="align-center" src="http://storage.ning.com/topology/rest/1.0/file/get/133698032?profile=RESIZE_480x480" width="400"></img></font></a></p>
<p></p>
<center><p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">Are you a member of your parish or county group? If not, you may be missing out.</span></strong></span></p>
</center>
<p><span style="font-family: helvetica; font-size: 14pt;">With activity in the area picking up, I want to remind you that the …</span></p>
<p><a href="http://gohaynesvilleshale.com/page/state-groups" target="_self"><font face="helvetica" size="4"><img width="400" src="http://storage.ning.com/topology/rest/1.0/file/get/133698032?profile=RESIZE_480x480" width="400" class="align-center"/></font></a></p>
<p></p>
<center><p><span style="font-size: 16pt;"><strong><span style="font-family: helvetica;">Are you a member of your parish or county group? If not, you may be missing out.</span></strong></span></p>
</center>
<p><span style="font-family: helvetica; font-size: 14pt;">With activity in the area picking up, I want to remind you that the <a href="http://gohaynesvilleshale.com/page/state-groups" target="_blank">county groups</a> are the best place to post locality specific info on GHS. Over the years, members with an interest in a particular parish or county have joined these groups for the purposes of networking and sharing information.</span></p>
<p><span style="font-family: helvetica; font-size: 14pt;">When a new post is made in one of these groups, an <span style="font-size: 14pt;">update</span> is sent out to all group members. This is the surest way to connect with those who have a mutual interest in your geographical area.</span></p>
<p><span style="font-family: helvetica; font-size: 14pt;">To find and join your county go here - <a href="http://gohaynesvilleshale.com/page/state-groups">http://gohaynesvilleshale.com/page/state-groups</a></span></p>
<p></p>Catching Up on a Few Thingstag:gohaynesvilleshale.com,2017-07-13:2117179:BlogPost:36340872017-07-13T01:22:00.000ZKeith Mauck (Site Publisher)https://gohaynesvilleshale.com/profile/Haynesville_Shale
<p><a href="http://gohaynesvilleshale.com/" target="_self"><img class="align-center" src="http://storage.ning.com/topology/rest/1.0/file/get/2220430776?profile=original" width="400"></img></a></p>
<p></p>
<p><span class="font-size-4" style="font-family: helvetica;">Shaler,</span></p>
<p><span class="font-size-4" style="font-family: helvetica;">Now that we are back on the old platform, there are a couple things I'd like to bring to your attention to get back in the groove.</span></p>
<p></p>
<p><span class="font-size-4" style="font-family: helvetica;"><strong>County Groups…</strong></span></p>
<p></p>
<p><a href="http://gohaynesvilleshale.com/" target="_self"><img src="http://storage.ning.com/topology/rest/1.0/file/get/2220430776?profile=original" width="400" class="align-center"/></a></p>
<p></p>
<p><span class="font-size-4" style="font-family: helvetica;">Shaler,</span></p>
<p><span class="font-size-4" style="font-family: helvetica;">Now that we are back on the old platform, there are a couple things I'd like to bring to your attention to get back in the groove.</span></p>
<p></p>
<p><span class="font-size-4" style="font-family: helvetica;"><strong>County Groups</strong></span></p>
<p><span class="font-size-4" style="font-family: helvetica;"><span style="font-size: 14pt;">Most of the helpful conversations that deal with local happenings occur in a group. </span><font face="helvetica" size="4">Why is this? Because, when a new post is made all the members of that particular county group receive an update. I highly recommend joining and posting local information in the county group of your choice. Many of the groups need a jump start, so if you have some info others may find helpful-please post!</font></span></p>
<p><span style="text-decoration: underline;"><span class="font-size-4" style="font-family: helvetica;"><a href="http://gohaynesvilleshale.com/page/state-groups" target="_self">Find your county group</a></span></span></p>
<p></p>
<p><span class="font-size-4" style="font-family: helvetica;"><strong>Invite Others</strong></span></p>
<p><span class="font-size-4" style="font-family: helvetica;">GHS has always primarily grown via word of mouth. People inviting other people to share. Really simple yet really affective! One thing I like about this website is that it has a nice and simple tool for inviting others to join us. You can invite your contacts from your gmail or yahoo email account. Or, you can simply plug in email addresses.</span></p>
<p><span style="text-decoration: underline;"><span class="font-size-4" style="font-family: helvetica;"><a href="http://gohaynesvilleshale.com/main/invitation/new" target="_self">Invite Your Contacts</a></span></span></p>
<p></p>
<p><span class="font-size-4" style="font-family: helvetica;"><strong>Donate to GHS</strong></span></p>
<p><span class="font-size-4" style="font-family: helvetica;">Thanks to those who have generously given to GHS! We still have a ways to go in order to meet our goals for covering GHS' expenses. Thanks for your consideration.</span></p>
<p><span style="text-decoration: underline;"><span class="font-size-4" style="font-family: helvetica;"><a href="https://www.gofundme.com/GoHaynesvilleShale" target="_blank">Contribute to GoHaynesvilleShale.com</a></span></span></p>
<p></p>
<p><span class="font-size-4" style="font-family: helvetica;">Thanks!</span></p>
<p><span class="font-size-4" style="font-family: helvetica;">Keith Mauck</span></p>
<p><span class="font-size-4" style="font-family: helvetica;">Publisher</span></p>Visualizing Oil Production & Revenue with ShaleCast in the Haynesville (LA)tag:gohaynesvilleshale.com,2017-06-14:2117179:BlogPost:36316742017-06-14T15:00:00.000ZKeith Mauck (Site Publisher)https://gohaynesvilleshale.com/profile/Haynesville_Shale
<p><span style="font-size: 14pt; font-family: helvetica, arial, sans-serif;">Please note that the <a href="http://haynesvilleshale.ning.com/page/visualizing-production-revenue-shalecast-haynesville" target="_blank">LA Haynesville data used</a> only represents the data from the wells in which ShaleCast members claim ownership.…</span></p>
<p></p>
<p></p>
<p><span style="font-size: 14pt; font-family: helvetica, arial, sans-serif;">Please note that the <a href="http://haynesvilleshale.ning.com/page/visualizing-production-revenue-shalecast-haynesville" target="_blank">LA Haynesville data used</a> only represents the data from the wells in which ShaleCast members claim ownership.</span></p>
<p></p>
<p><span style="font-size: 14pt; font-family: helvetica, arial, sans-serif;"><a href="http://haynesvilleshale.ning.com/page/visualizing-production-revenue-shalecast-haynesville" target="_blank"><img src="http://storage.ning.com/topology/rest/1.0/file/get/2220430649?profile=original" width="574" class="align-center"/></a></span></p>
<p></p>
<p><span style="font-size: 14pt; font-family: helvetica, arial, sans-serif;">To view the presentations utilizing all of ShaleCast's gas production data from all horizontal 3178 wells in the Louisiana portion of the Haynesville basin, <a href="https://shaleprofile.com/index.php/2017/06/01/haynesville-la-update-through-december-2016/?utm_source=shaleforum&utm_medium=text_links&utm_campaign=louisiana_data&utm_content=data_insights">click here</a>.</span></p>
<center><div class="tableauPlaceholder" id="viz1496258254796" style="xg-p: relative;"></div>
</center>
<p><span style="font-family: helvetica, arial, sans-serif; font-size: 14pt;">To bring you this presentation, ShaleCast collaborated with Enno Peters, Publisher of ShaleProfile.com. Please check out Enno's full body of work at <a href="https://shaleprofile.com/index.php/2017/06/01/haynesville-la-update-through-december-2016/?utm_source=shaleforum&utm_medium=text_links&utm_campaign=louisiana_data&utm_content=data_insights">ShaleProfile.com</a>.</span></p>
<p style="text-align: left;"></p>Key Dets and Boll Weeviltag:gohaynesvilleshale.com,2016-04-23:2117179:BlogPost:35967312016-04-23T02:24:30.000ZLocal lurkerhttps://gohaynesvilleshale.com/profile/ThomasGwinn
<p>Any reports on these wells?</p>
<p>Any reports on these wells?</p>Haynesville Shalers: Your free royalty forecast is ready.tag:gohaynesvilleshale.com,2016-01-19:2117179:BlogPost:35733282016-01-19T21:00:00.000ZKeith Mauck (Site Publisher)https://gohaynesvilleshale.com/profile/Haynesville_Shale
<p><a href="http://shalecast.com/?utm_source=Shaler-NING-Email-A-20-01-16&utm_medium=Email&utm_content=Logo&utm_campaign=Invite-GHS" target="_blank"><img src="http://storage.ning.com/topology/rest/1.0/file/get/2220431255?profile=RESIZE_1024x1024" width="620"></img></a></p>
<p></p>
<p></p>
<p><a href="http://shalecast.com/?utm_source=Shaler-NING-Email-A-20-01-16&utm_medium=Email&utm_content=Logo&utm_campaign=Invite-GHS" target="_blank"><img width="620" src="http://storage.ning.com/topology/rest/1.0/file/get/2220431255?profile=RESIZE_1024x1024" width="620"/></a></p>
<p></p>
<p><span style="text-decoration: underline;"><span style="font-size: 20pt; font-family: helvetica; color: #0000ff; text-decoration: underline;"><a href="http://shalecast.com/?utm_source=Shaler-NING-Email-A-20-01-16&utm_medium=Email&utm_content=Section-1-Title&utm_campaign=Invite-GHS" target="_blank">Your Royalty forecast is ready, get started...</a></span></span></p>
<p><span style="font-size: 12pt;">ShaleCast forecasts mineral owner royalties for over 20,000 wells in major shale plays across the US. Our algorithm combines state-reported oil & gas data with the latest futures prices to forecast your royalties. </span></p>
<p></p>
<p><span style="font-size: 12pt;"><a href="http://shalecast.com/?utm_source=Shaler-NING-Email-A-20-01-16&utm_medium=Email&utm_content=Text-Link-1&utm_campaign=Invite-GHS" target="_blank">Now you can get a royalty forecast for 2016 and for every year till 2030!</a></span></p>
<p><a href="http://shalecast.com/?utm_source=Shaler-NING-Email-A-20-01-16&utm_medium=Email&utm_content=Image-1&utm_campaign=Invite-GHS" target="_blank"><img width="620" src="http://storage.ning.com/topology/rest/1.0/file/get/2220431463?profile=RESIZE_1024x1024" width="620"/></a></p>
<p></p>
<p><a href="http://shalecast.com/?utm_source=Shaler-NING-Email-A-20-01-16&utm_medium=Email&utm_content=Button-Orange-Dont-Miss&utm_campaign=Invite-GHS" target="_blank"><img src="http://storage.ning.com/topology/rest/1.0/file/get/2220431577?profile=original" width="284" class="align-center"/></a></p>
<p></p>
<p><a href="http://storage.ning.com/topology/rest/1.0/file/get/2220431654?profile=original" target="_self"><img src="http://storage.ning.com/topology/rest/1.0/file/get/2220431654?profile=original" width="594" class="align-center"/></a></p>
<p><span style="text-decoration: underline;"><span class="font-size-6"><a href="http://shalecast.com/?utm_source=Shaler-NING-Email-A-20-01-16&utm_medium=Email&utm_content=Section-2-Title&utm_campaign=Invite-GHS" target="_blank">See your royalties & production in a new way</a><br/></span></span></p>
<p><span class="font-size-3">Finally, you can visualize the entire lifecycle of your well- its past, present and future estimated production in one place. ShaleCast estimates the next 15 years of your well's life. </span><span class="font-size-3"><a href="http://shalecast.com/?utm_source=Shaler-NING-Email-A-20-01-16&utm_medium=Email&utm_content=Text-Link-2&utm_campaign=Invite-GHS" target="_blank">At a glance you know what to expect for the future.</a></span></p>
<p></p>
<p><span class="font-size-3"><span><a href="http://shalecast.com/?utm_source=Shaler-NING-Email-A-20-01-16&utm_medium=Email&utm_content=Image-2&utm_campaign=Invite-GHS" target="_blank"><img src="http://storage.ning.com/topology/rest/1.0/file/get/2220431760?profile=original" width="613" class="align-center"/></a></span></span></p>
<p><a href="http://storage.ning.com/topology/rest/1.0/file/get/2220431654?profile=original" target="_self"><img src="http://storage.ning.com/topology/rest/1.0/file/get/2220431654?profile=original" width="594"/></a></p>
<p><span class="font-size-6" style="font-family: helvetica;"><a href="http://shalecast.com/?utm_source=Shaler-NING-Email-A-20-01-16&utm_medium=Email&utm_content=Image-3&utm_campaign=Invite-GHS" target="_blank"><img width="194" src="http://storage.ning.com/topology/rest/1.0/file/get/2220433458?profile=RESIZE_320x320" width="194" class="align-left" style="padding: 20px;"/></a><span style="text-decoration: underline;"><a href="http://shalecast.com/?utm_source=Shaler-NING-Email-A-20-01-16&utm_medium=Email&utm_content=Title-3&utm_campaign=Invite-GHS" target="_blank">Lift the veil, compare your oil and gas prices to the average...</a></span></span></p>
<p><span class="font-size-3" style="font-family: helvetica;">Give a little - get a lot. When you set up your well forecast, we ask you for the oil price (per barrel) or gas price (per MCF) that you most recently received. When you enter that information, it increases the accuracy of your forecast significantly. It also means you will receive regular updates on the average oil and gas prices reported in your area. </span></p>
<p><span class="font-size-3" style="font-family: helvetica;"><a href="http://shalecast.com/?utm_source=Shaler-NING-Email-A-20-01-16&utm_medium=Email&utm_content=Text-Link-3&utm_campaign=Invite-GHS" target="_blank">So, go ahead give a little and get A LOT.</a></span></p>
<p><a href="http://storage.ning.com/topology/rest/1.0/file/get/2220431654?profile=original" target="_self" style="font-family: helvetica; font-size: 12pt;"><img src="http://storage.ning.com/topology/rest/1.0/file/get/2220431654?profile=original" class="align-center"/></a></p>
<p><span style="text-decoration: underline;"><a href="http://shalecast.com/?utm_source=Shaler-NING-Email-A-20-01-16&utm_medium=Email&utm_content=Title-4&utm_campaign=Invite-GHS" target="_blank" style="font-family: helvetica; font-size: 20pt;">Get perspective on how your well stacks up...</a></span></p>
<p><span style="font-family: helvetica;" class="font-size-3">Along with your royalty forecast, ShaleCast gives you the ability to compare your well's production against wells in the same county, state, or shale play.</span></p>
<p><span class="font-size-3"><a href="http://shalecast.com/?utm_source=Shaler-NING-Email-A-20-01-16&utm_medium=Email&utm_content=Text-Link-4&utm_campaign=Invite-GHS" target="_blank">Learn more about the ShaleScore on your well's forecast page.</a></span></p>
<p><span class="font-size-3"><a href="http://shalecast.com/?utm_source=Shaler-NING-Email-A-20-01-16&utm_medium=Email&utm_content=Image-4&utm_campaign=Invite-GHS" target="_blank"><img width="620" src="http://storage.ning.com/topology/rest/1.0/file/get/2220435355?profile=RESIZE_1024x1024" width="620" class="align-left"/></a></span></p>
<p></p>
<p></p>
<p></p>
<p></p>
<p></p>
<p></p>
<p></p>
<p></p>
<p><a href="http://shalecast.com/?utm_source=Shaler-NING-Email-A-20-01-16&utm_medium=Email&utm_content=Button-2-Get-Your-Free-Forecast&utm_campaign=Invite-GHS" target="_blank"><img src="http://storage.ning.com/topology/rest/1.0/file/get/2220442597?profile=original" width="248" class="align-center"/></a></p>
<p></p>
<p><a href="http://storage.ning.com/topology/rest/1.0/file/get/2220431654?profile=original" target="_self"><img src="http://storage.ning.com/topology/rest/1.0/file/get/2220431654?profile=original" width="594" class="align-center"/></a></p>
<p></p>
<p style="text-align: center;">If you need to reach us:</p>
<p style="text-align: center;"><a href="http://www.shalecast.com/contact" target="_blank">We'd love to hear from you</a></p>
<p style="text-align: center;"></p>
<p style="text-align: center;">STAY CONNECTED </p>
<p><a href="https://www.facebook.com/ShaleCast/" target="_blank"><img width="30" src="http://storage.ning.com/topology/rest/1.0/file/get/2220442842?profile=RESIZE_180x180" width="30" class="align-center"/></a><a href="https://www.youtube.com/c/Shalecast" target="_blank"><img width="30" src="http://storage.ning.com/topology/rest/1.0/file/get/2220443048?profile=RESIZE_180x180" width="30" class="align-center"/></a></p>
<p><a href="https://www.linkedin.com/company/shalecast" target="_blank"><img width="30" src="http://storage.ning.com/topology/rest/1.0/file/get/2220443146?profile=RESIZE_180x180" width="30" class="align-center"/></a> </p>GHS: Nat Gas Perfect Storm?tag:gohaynesvilleshale.com,2015-05-26:2117179:BlogPost:34966272015-05-26T17:00:00.000ZKeith Mauck (Site Publisher)https://gohaynesvilleshale.com/profile/Haynesville_Shale
<p><a href="http://www.gohaynesvilleshale.com/louisiana-mineral-owner-royalty-underpayment" target="_blank"><img class="align-left" src="http://storage.ning.com/topology/rest/1.0/file/get/2220431154?profile=RESIZE_1024x1024" width="500"></img></a></p>
<p></p>
<p></p>
<p><a href="http://www.gohaynesvilleshale.com" target="_blank"><img src="http://storage.ning.com/topology/rest/1.0/file/get/2220430833?profile=RESIZE_320x320" width="300"></img></a></p>
<p><span class="font-size-3"><strong><span style="font-size: 12pt;"> <a href="http://www.gohaynesvilleshale.com/page/mississippi" target="_blank">Mississippi</a> / <a href="http://www.gohaynesvilleshale.com/page/louisiana-1" target="_blank">Louisiana</a> / …</span></strong></span></p>
<p><a href="http://www.gohaynesvilleshale.com/louisiana-mineral-owner-royalty-underpayment" target="_blank"><img width="500" src="http://storage.ning.com/topology/rest/1.0/file/get/2220431154?profile=RESIZE_1024x1024" width="500" class="align-left"/></a></p>
<p></p>
<p></p>
<p><a href="http://www.gohaynesvilleshale.com" target="_blank"><img width="300" src="http://storage.ning.com/topology/rest/1.0/file/get/2220430833?profile=RESIZE_320x320" width="300"/></a></p>
<p><span class="font-size-3"><strong><span style="font-size: 12pt;"> <a href="http://www.gohaynesvilleshale.com/page/mississippi" target="_blank">Mississippi</a> / <a href="http://www.gohaynesvilleshale.com/page/louisiana-1" target="_blank">Louisiana</a> / <a href="http://www.gohaynesvilleshale.com/page/texas-1" target="_blank">Texas</a> / <strong><a href="http://www.gohaynesvilleshale.com/forum/topic/new?target=http%3A%2F%2Fwww.gohaynesvilleshale.com%2F" target="_blank">+ Start a Discussion</a><strong><span><strong><a href="http://www.gohaynesvilleshale.com/forum/topic/new?target=http%3A%2F%2Fwww.gohaynesvilleshale.com%2F" target="_blank"><strong><br/></strong></a></strong></span></strong></strong></span></strong></span></p>
<p><span style="color: #ffffff;"><strong style="color: #ffffff; font-family: helvetica; font-size: 12pt;">-----</strong></span></p>
<p></p>
<p><span class="font-size-5"><strong>Is the Perfect Storm Coming?</strong></span></p>
<blockquote><p>The perfect storm is coming. After a 7-year bear market, many natural gas bulls have given up entirely on the sector. The continued rig efficiencies and technological improvements proved many shale bears wrong, and gas production continued to climb despite rig counts sitting at historic lows.</p>
<p>We think the market is ripe for a rip, and prices this time around will remain higher for longer. We think prices will average $3.50/MMBtu versus the STRIP estimate of $3/MMBtu, and natural gas producers will outperform going forward.</p>
</blockquote>
<p>What do you think?</p>
<p><span class="font-size-3" style="font-family: helvetica;"><a href="http://www.gohaynesvilleshale.com/forum/topics/natural-gas-the-perfect-storm-is-coming" target="_blank">Read more...</a></span></p>
<blockquote><p></p>
</blockquote>
<p></p>
<p></p>
<p></p>Woodbine Leon Countytag:gohaynesvilleshale.com,2015-05-15:2117179:BlogPost:34936072015-05-15T18:12:34.000ZFChttps://gohaynesvilleshale.com/profile/FC
<p>Anyone has information regarding porosity for the woodbine formation northern Leon county? I'm wondering how far the eaglebine play extends... I have seen some indication of structural control to the north, and some fields with WOC defined...not sure if the Woodbine is more conventional in nature in that area <br/>Thanks!!!!</p>
<p>Anyone has information regarding porosity for the woodbine formation northern Leon county? I'm wondering how far the eaglebine play extends... I have seen some indication of structural control to the north, and some fields with WOC defined...not sure if the Woodbine is more conventional in nature in that area <br/>Thanks!!!!</p>NARO Louisiana's Annual Conference - April 20thtag:gohaynesvilleshale.com,2015-03-12:2117179:BlogPost:34734782015-03-12T13:30:00.000ZKeith Mauck (Site Publisher)https://gohaynesvilleshale.com/profile/Haynesville_Shale
<p><span><a href="http://storage.ning.com/topology/rest/1.0/file/get/2220430865?profile=original" target="_self"><img class="align-full" src="http://storage.ning.com/topology/rest/1.0/file/get/2220430865?profile=original" width="593"></img></a> <a href="http://storage.ning.com/topology/rest/1.0/file/get/2220431004?profile=original" target="_self"><br></br></a></span></p>
<p><span class="font-size-3">Come find out how to best manage your minerals, to make the most of the property and to make a difference for future royalty owners.</span><br></br> <br></br> <span class="font-size-3">Don’t miss the chance to meet and network…</span></p>
<p><span><a href="http://storage.ning.com/topology/rest/1.0/file/get/2220430865?profile=original" target="_self"><img src="http://storage.ning.com/topology/rest/1.0/file/get/2220430865?profile=original" width="593" class="align-full"/></a><a href="http://storage.ning.com/topology/rest/1.0/file/get/2220431004?profile=original" target="_self"><br/></a></span></p>
<p><span class="font-size-3">Come find out how to best manage your minerals, to make the most of the property and to make a difference for future royalty owners.</span><br/> <br/> <span class="font-size-3">Don’t miss the chance to meet and network with other Louisiana mineral owners!</span><br/> <br/> <span class="font-size-3">It is extremely important this year that Mineral and Royalty Owners have a voice. NARO is the ONLY national organization representing solely, and without compromise, oil and gas royalty owners’ interests. Come find out how to best manage your minerals, to make the most of the property and to make a differ- ence for future royalty owners.</span><br/> <br/> <span class="font-size-3">Don’t miss the chance to meet and network with other Louisiana mineral owners!</span><br/> <br/> <span class="font-size-3">Join us to learn Information worth knowing</span><br/> <span class="font-size-3">- Effect of Cross Lateral Units on Royalties & Minerals </span><br/> <span class="font-size-3">- How Do Commodity Prices Affect Royalty Owners? </span><br/> <span class="font-size-3">- The Status of Current LA Oil and Gas Plays</span><br/> <span class="font-size-3">- Case Law Affecting Royalty Owners</span><br/> <span class="font-size-3">- Using SONRIS & Other Research Tools</span><br/> <span class="font-size-3">- How to Manage Now, and the Next—Gen</span><br/> <span class="font-size-3">- Changing the Perception of Hydraulic Fracturing Changing Leases for Horizontal Plays</span></p>
<p><span class="font-size-3"><a href="http://storage.ning.com/topology/rest/1.0/file/get/2220431004?profile=original" target="_self">Convention Registration</a></span></p>Tuscaloosa Shale discussions on GoHaynesvilleShale.comtag:gohaynesvilleshale.com,2014-10-07:2117179:BlogPost:34033332014-10-07T20:26:40.000ZKeith Mauck (Site Publisher)https://gohaynesvilleshale.com/profile/Haynesville_Shale
<p><a href="http://www.gohaynesvilleshale.com/tuscaloosa-marine-shale" target="_blank"><img class="align-full" src="http://storage.ning.com/topology/rest/1.0/file/get/2220431259?profile=RESIZE_1024x1024" width="650"></img></a></p>
<p><span class="font-size-4">The below groups make up the entirety of GHS discussions on the Tuscaloosa Marine Shale play. Our groups cover both Louisiana and Mississippi.</span></p>
<p><span class="font-size-4" style="font-family: helvetica;"><a href="http://www.gohaynesvilleshale.com/group/tuscaloosamarineshale" target="_blank">General TMS Discussion Group…</a></span></p>
<p></p>
<p><a href="http://www.gohaynesvilleshale.com/tuscaloosa-marine-shale" target="_blank"><img width="650" src="http://storage.ning.com/topology/rest/1.0/file/get/2220431259?profile=RESIZE_1024x1024" width="650" class="align-full"/></a></p>
<p><span class="font-size-4">The below groups make up the entirety of GHS discussions on the Tuscaloosa Marine Shale play. Our groups cover both Louisiana and Mississippi.</span></p>
<p><span class="font-size-4" style="font-family: helvetica;"><a href="http://www.gohaynesvilleshale.com/group/tuscaloosamarineshale" target="_blank">General TMS Discussion Group</a></span></p>
<p><span class="font-size-4" style="font-family: helvetica;"><a href="http://www.gohaynesvilleshale.com/group/mississippi" target="_blank">Mississippi Mineral Owners</a></span></p>
<p><span class="font-size-4" style="font-family: helvetica;"><a href="http://www.gohaynesvilleshale.com/group/amite-county-ms" target="_blank">Amite County</a></span></p>
<p><span class="font-size-4" style="font-family: helvetica;"><a href="http://www.gohaynesvilleshale.com/group/avoyelles" target="_blank">Avoyelles Parish</a></span></p>
<p><span class="font-size-4" style="font-family: helvetica;"><a href="http://www.gohaynesvilleshale.com/group/east-feliciana-parish" target="_blank">East Feliciana Parish</a></span></p>
<p><span class="font-size-4" style="font-family: helvetica;"><a href="http://www.gohaynesvilleshale.com/group/livingston-parish-tms" target="_blank">Livingston Parish</a></span></p>
<p><span class="font-size-4" style="font-family: helvetica;"><a href="http://www.gohaynesvilleshale.com/group/pearl-river-county" target="_blank">Pearl River County</a></span></p>
<p><span class="font-size-4" style="font-family: helvetica;"><a href="http://www.gohaynesvilleshale.com/group/rapides-parish" target="_blank">Rapides Parish</a></span></p>
<p><span class="font-size-4" style="font-family: helvetica;"><a href="http://www.gohaynesvilleshale.com/group/st-helena" target="_blank">St. Helena Parish</a></span></p>
<p><span class="font-size-4" style="font-family: helvetica;"><a href="http://www.gohaynesvilleshale.com/group/st-landry-parish" target="_blank">St. Landry Parish</a></span></p>
<p><span class="font-size-4" style="font-family: helvetica;"><a href="http://www.gohaynesvilleshale.com/group/tangipahoa-parish" target="_blank">Tangipahoa Parish</a></span></p>
<p><span class="font-size-4" style="font-family: helvetica;"><a href="http://www.gohaynesvilleshale.com/group/washington-parish" target="_blank">Washington Parish</a></span></p>
<p><span class="font-size-4" style="font-family: helvetica;"><a href="http://www.gohaynesvilleshale.com/group/west-feliciana" target="_blank">West Feliciana Parish</a></span></p>
<p><span class="font-size-4" style="font-family: helvetica;"><a href="http://www.gohaynesvilleshale.com/group/wilkinson-county-tms" target="_blank">Wilkinson County</a></span></p>
<p></p>Mineral Evaluation - From a Mineral Investor's Perspectivetag:gohaynesvilleshale.com,2014-08-17:2117179:BlogPost:33681752014-08-17T22:46:38.000ZJake Stroudhttps://gohaynesvilleshale.com/profile/JakeStroud
<p>Hello all, in light of what Skip Peel and others have written about mineral values, buying and selling, I thought it might be interesting to describe the viewpoint from "the other side" as to how we go about evaluating and acquiring minerals. For reference, I founded Axiom Minerals about two years ago and concentrate the vast majority of our efforts in the Haynesville Shale area of North Louisiana and East Texas.</p>
<p>DISCLAIMER: This post solely reflects the personal opinions and…</p>
<p>Hello all, in light of what Skip Peel and others have written about mineral values, buying and selling, I thought it might be interesting to describe the viewpoint from "the other side" as to how we go about evaluating and acquiring minerals. For reference, I founded Axiom Minerals about two years ago and concentrate the vast majority of our efforts in the Haynesville Shale area of North Louisiana and East Texas.</p>
<p>DISCLAIMER: This post solely reflects the personal opinions and viewpoints of the author and is intended for informational purposes only. </p>
<p>As Skip alluded to in his second post (Fundamentals of Leasing and Selling Minerals), there are a variety of business models mineral investors may use as their core strategy. The one I happen to think works best for everyone is a very deep knowledge about a relatively small area. The only reason I think this one works best is that uncertainty leads to lower prices and lower prices put a mineral buyer at a competitive disadvantage to anyone armed with better information.</p>
<p>To get specific about the Haynesville, our team conducted an analysis of the decline curve of each well on the Louisiana side of the trend. As any landowner knows from their royalty check, the well VOLUME decreases over time. The check AMOUNT may also decrease, stay relatively constant or even increase but that's a function of prices, which are nearly impossible to predict, except to say that operators cannot drill money-losing wells forever. This decrease in well VOLUME (molecules of natural gas) from a wellbore is somewhat predictable, and is the basis for estimating the "value" of any given well on any given day. Below is a typical Haynesville decline curve:</p>
<p><a href="http://storage.ning.com/topology/rest/1.0/file/get/2220431065?profile=original" target="_self"><img width="750" src="http://storage.ning.com/topology/rest/1.0/file/get/2220431065?profile=RESIZE_1024x1024" width="750" class="align-center"/></a></p>
<p>This well has made 2.8 Bcf since 2010 and is on track to make a total of 4.1 Bcf over its life. The well is projected to produce 1.3 Bcf between 2014 and 2178. Sometime well before that, the well will begin to cost more than it produces every month, and the operator will plug and abandon it. Keep in mind this well made 2/10ths of a Bcf in its first month of production and has already made almost 3/4ths of its entire production in 1/8th of its life. We use a commonly available program to determine these decline curves.</p>
<p>Since we are able to predict future volume with some accuracy we now move to price, or how much is that volume going to be worth when it's taken out of the ground and sold. This is probably the number one scare tactic mineral buyers use and for good reason: it's true, and anyone getting a run check has seen gas go from $8 or more to $3 or less in the six short years since the Haynesville came to town. Operators can and do avoid a substantial portion of this uncertainty by hedging their gas, or selling it at fixed price in the future. The published prices they can expect to receive on the open NYMEX Futures prices are what we use to value those forward volumes. So for the above example, we insert the future price that an operator could get to the corresponding volumes to get REVENUE.</p>
<p>Once we have this estimation of revenue, we can value the well from the operator's shoes. We estimate how much the well costs and how much revenue the operator could expect to receive fully hedged, and voila, the operator's return on their drilling investment materializes. The reason every operator with other assets in the world is no longer drilling in the Haynesville is pretty simple: that number is low or even negative, especially when compared to the Eagle Ford or Permian Basin.</p>
<p>However, if we determine that, say $7 gas, would be a high enough price to attract drillers back to the shale, then the question becomes when does gas go to $7. That is a complicated question that unfortunately for all of us, involves the Marcellus Shale and a whole lot of associated gas from all the high-flying oil plays in the country, shifting power generation from coal, petrochemical feedstocks, LNG export and at least a million other things. One of the things I personally think is a decent predictor of $7 gas is the forward curve of NYMEX gas prices</p>
<p>In a different thread, one member asked whether Chesapeake will drill in his or her section anytime soon. I have no idea what the smart people over at CHK are actually thinking, but I suspect they are doing the same analysis I outlined above, and their Haynesville Asset Team is fighting with all the other asset teams for budget dollars to drill more wells. You can have a look at their investor presentation to get an idea of where the collective attention is focused, or at least where they want Wall Street to focus. Once we make an estimation timing in the future an operator would be attracted back into the play, we use that to determine how much a mineral acre is worth to us today. <span>We then tie this amount to a multiple of monthly cash flow to easily adjust across revenue decimals and lease rates and to give the seller some perspective relative to what the minerals are actually yielding currently.</span></p>
<p>As you might imagine, operators are not in the business of helping you the landowner in any way. They are in the business of earning the maximum available profit by removing hydrocarbons from the ground and selling them. If it's more profitable for them to drill one well per section they will do that and leave behind all those other un-drained molecules. The operator's new goal is the often-used buzzword "optimization" which is a fancy term for "how-many-wells-per-acre-make-us-the-most-money." Right now, that answer for 90% of the Haynesville is <span style="text-decoration: underline;">One</span>. However, I don't think that will always be the case, or we certainly wouldn't be buying minerals at the prices we are paying. </p>
<p>Sometime in the future, we are betting that it will become profitable for operators to drill additional Haynesville wells. We are also betting that costs come down and yields come up. These are not Vegas bets, though, we have spent literally years eliminating as much uncertainty as we possibly can (legally), to the point where we can call it speculation. We are speculating that we can earn a risk-adjusted return on our investment by acquiring minerals at the prices we have to pay for them. That is our business in a nutshell.</p>
<p><u>Things that Complicate Our Goal:</u></p>
<p>1. Unlike stocks and bonds and iPhones, there is a finite amount of mineral acres available to invest in. Since we cannot create new minerals, we must buy them from existing owners. For many many reasons, this is very, "complicated." </p>
<p>2. There is no "market" for minerals. If you or I wanted to purchase Apple stock, we would buy that on a stock exchange where the price of the stock is determined in an orderly fashion and published for the world to see and use to make their decision. Despite some interesting efforts at replicating this price-discovery, there is published price for minerals. Which leads me to...</p>
<p>3. There is a giant trust gap between most buyers and most sellers. We very frequently hear "I am not interested in selling at this point." from mineral owners from all walks of life BEFORE they hear our purchase price. Rationally, the only two reasons not to consider selling are 1. cash does you absolutely no good and 2. the risk-adjusted discounted value of minerals held in your portfolio today is greater than the price being offered for them. We certainly encounter many cases where one of the two is accurate and it truly does make sense for the owner to hold his or her minerals. However, the far more likely scenario is that the landowner simply doesn't trust us. And why should they, if someone called me out of the blue and wanted to buy my car or television for more (hopefully way more) than I paid for it, I would react with suspicion too. Obviously, this guy is either a liar or he knows something about my car than I don't. So let me be clear here, IF we are right, and IF drilling resumes in earnest, and IF gas prices creep up above $7 then we will earn a return on our investment. That is what we know. Our goal in acquiring minerals is to price them highly enough to actually acquire them (above the typical risk-adjusted discounted value) and low enough to hopefully earn a return on our speculation that satisfies our investors. </p>
<p>If you would prefer to make the same speculation, great. If you believe that we are somehow swindling you, then we are doing a poor job and would welcome your thoughts and suggestions.</p>Do I Need Twitter?tag:gohaynesvilleshale.com,2014-08-14:2117179:BlogPost:33653432014-08-14T01:19:30.000ZJody Hillhttps://gohaynesvilleshale.com/profile/JodyHill
<p>I've had many client's ask me this question..."I don't use Twitter. Does my company need to have a Twitter account?" I was a disbeliever myself until I set up the first account for a client of ours. Twitter gives you the opportunity to connect with people and companies, and disseminate news quickly and easily, and if your "Tweets" are of interest, they may be "retweeted" by your followers, spreading that news much farther and to a larger audience. Once you set up an account, go to the search…</p>
<p>I've had many client's ask me this question..."I don't use Twitter. Does my company need to have a Twitter account?" I was a disbeliever myself until I set up the first account for a client of ours. Twitter gives you the opportunity to connect with people and companies, and disseminate news quickly and easily, and if your "Tweets" are of interest, they may be "retweeted" by your followers, spreading that news much farther and to a larger audience. Once you set up an account, go to the search box at the upper right side of the screen. Type in "tanks" for instance, and you will begin to see a bunch of companies/people related to tanks or their usage. "Follow" those companies/people. Most often, they will follow you back. Now, when you compose a "tweet" which is a very short 140 character bit of news, it will be seen by all the companies and people to which you are connected ("followed" by). When you have a new product, a success in the field, etc. you can easily share it - free of charge! You can also attach photos! It only takes a little time, and it is free advertising!</p>Trade Show Tipstag:gohaynesvilleshale.com,2014-08-14:2117179:BlogPost:33655152014-08-14T01:17:17.000ZJody Hillhttps://gohaynesvilleshale.com/profile/JodyHill
<div class="discussion"><div class="description"><div class="xg_user_generated"><p>I can't tell you how many times I have seen companies spend tens of thousands of dollars at a single trade show, and then NEVER FOLLOW UP on their leads. Mind boggling, right? If you are exhibiting at trade shows, here are a few things that can help your ROI.</p>
<p>1. Pre-show promotion. Reach out to customers, spread the word via social media, if you advertise, include "See us at XXX Show" in your ads. A very…</p>
</div>
</div>
</div>
<div class="discussion"><div class="description"><div class="xg_user_generated"><p>I can't tell you how many times I have seen companies spend tens of thousands of dollars at a single trade show, and then NEVER FOLLOW UP on their leads. Mind boggling, right? If you are exhibiting at trade shows, here are a few things that can help your ROI.</p>
<p>1. Pre-show promotion. Reach out to customers, spread the word via social media, if you advertise, include "See us at XXX Show" in your ads. A very high percentage of trade show attendee plan who they will visit at shows. Make sure they know you will be there and have that top-of-mind presence.</p>
<p>2. Make sure your messaging is specific to your market. Forget trying to sell everything you have. Address an issue specific to your market and let people know how you can solve that problem for them.</p>
<p>3. Proper choice of booth staff. Not everyone is the right choice for working your booth. They need to be outgoing and knowledgeable about your product or service. If you don't have one person that fits that bill, have one who excels at each.</p>
<p>4. Work the show! Don't stand around visiting amongst yourself, be on your phone, or have lunch in your booth. All these things help steer potential customers away from you, instead of to you.</p>
<p>5. Spend the money on the lead capture device. Yes, they are outrageously expensive, but you get your leads immediately and don't have to find the time to enter them into some sort of spreadsheet or database (aka the excuse why you haven't followed up). You can follow up with them within a few days of them visiting.</p>
<p>6. Assign leads to specific people for follow up. This enables you to find out who is doing the job, and who isn't, and it helps ensure that no leads (people who WANTED to know about your offering) fall through the cracks.</p>
<p>6. Strike while the iron is hot. For the hottest of leads, you'll want to call them personally. Use Constant Contact, Mail Chimp, or any other inexpensive service to create a follow up email that can be sent. Make sure the message reiterates the one delivered at the show. Thank them for visiting. Tell them again how you can help with their problem.</p>
<p>There are many, many ways to help increase your ROI (and to make sure you have one!). I've shared but a few.</p>
</div>
</div>
</div>Oildex Announces Refreshed Brand Identity and Websitetag:gohaynesvilleshale.com,2014-08-05:2117179:BlogPost:33590212014-08-05T15:24:27.000ZOildexhttps://gohaynesvilleshale.com/profile/Oildex
<p><em>Cloud-based document exchange and workflow provider for oil and gas industry marks a new chapter with modern visual identity</em></p>
<p>DENVER and HOUSTON – August 5, 2014 – Oildex, the premier cloud-based document exchange and workflow provider connecting the oil and gas industry, is pleased to announce a refreshed brand. A new logo, tagline, reinvented website, and updated customer materials have been redesigned to reflect a new chapter for Oildex. The refreshed brand conveys the…</p>
<p><em>Cloud-based document exchange and workflow provider for oil and gas industry marks a new chapter with modern visual identity</em></p>
<p>DENVER and HOUSTON – August 5, 2014 – Oildex, the premier cloud-based document exchange and workflow provider connecting the oil and gas industry, is pleased to announce a refreshed brand. A new logo, tagline, reinvented website, and updated customer materials have been redesigned to reflect a new chapter for Oildex. The refreshed brand conveys the confluence of key constituents in the oil and gas industry and the importance of building connections between operators, suppliers and owners.</p>
<p>“For over 15 years, Oildex has revolutionized the oil and gas industry by transforming paper-based processes into electronic exchanges and automated workflows,” said Oildex CEO, Richard D. Slack. “Over the past two years, Oildex has refocused its business, brought in great new talent, adopted new development and customer service processes and attracted new equity investment. With all of these improvements, and the continued growth in our business, we have initiated an exciting new chapter at Oildex, and now our brand projects the same sentiment.”</p>
<p>Oildex’s new logo is a modern abstract representing connectivity, community and collaboration. Accompanied by the tagline, “It pays to be well connected,” Oildex’s refreshed identity embodies the company’s extensive community of oil and gas specific suppliers, owners and operators. Oildex customers leverage this network to improve operational efficiency, gain better visibility into cash management and create more profitable business relationships.</p>
<p>Oildex’s re-architected website, now live at <a href="http://www.oildex.com">www.oildex.com</a>, echoes the company’s modern identity. Those who visit the Oildex site will notice an enhanced look, feel and simplified user experience.</p>
<p>Mr. Slack comments, “I’m excited about the future of Oildex and our investment in a refreshed brand signals to our customers, our partners and the market, Oildex’s continued commitment to creating better business relations for oil and gas constituents. Most importantly, as Oildex enters this new chapter we will continue to focus on growing our position as a market leader in oil and gas through continued service improvement and the commitment to better serve our customers.”</p>
<p>About Oildex<br/>Oildex, a service of Transzap, Inc., provides electronic document exchange and workflow software to over 7,900 companies and 130,000 registered users in the oil and gas industry. Oildex’s extensive community of oil and gas suppliers, owners and operators, easily adopted technology and unsurpassed industry expertise and service quality, enables customers to improve operational efficiency, have better visibility into cash management and create more profitable business relationships. Oildex’s Accounts Payable, Revenue and Owner Relations solutions include: digital and scanned invoice processing (Spendworks™ and Spendworks Complete™), owner/producer relations data posting (Owner Relations Connect™), check stub reporting (Checkstub Connect™ – CDEX), scanned check stub reporting (CDEX Complete™), joint interest bill processing (JIB Connect™), scanned JIB processing (JIB Complete™), crude oil data exchange (Run Ticket Connect™ – CODE), gas plant statement reporting (Gas Plant Exchange™ – GPEX) and production and sales volume reporting. Oildex has offices in Denver and Houston. For more information on Oildex and its solutions, please visit <a href="http://www.oildex.com">www.oildex.com</a>.</p>Fundamentals of Leasing and Selling Mineralstag:gohaynesvilleshale.com,2014-07-09:2117179:BlogPost:33378992014-07-09T14:30:00.000ZKeith Mauck (Site Publisher)https://gohaynesvilleshale.com/profile/Haynesville_Shale
<p><iframe frameborder="0" height="35" src="//www.facebook.com/plugins/like.php?href=http%3A%2F%2Fwww.gohaynesvilleshale.com%2Fprofiles%2Fblogs%2Ffundamentals-of-mineral-rights&width=300&layout=standard&action=like&show_faces=false&share=true&height=35&appId=447670105316465" width="320"></iframe>
</p>
<p align="center" style="text-align: left;"><span class="font-size-3" style="text-align: left; font-family: helvetica;">By …</span></p>
<p><iframe src="//www.facebook.com/plugins/like.php?href=http%3A%2F%2Fwww.gohaynesvilleshale.com%2Fprofiles%2Fblogs%2Ffundamentals-of-mineral-rights&width=300&layout=standard&action=like&show_faces=false&share=true&height=35&appId=447670105316465" width="320" height="35" frameborder="0"></iframe>
</p>
<p style="text-align: left;" align="center"><span style="text-align: left; font-family: helvetica;" class="font-size-3">By <strong><a href="https://www.gohaynesvilleshale.com/profile/ilandman" target="_blank">Skip Peel, Independent Landman</a></strong></span></p>
<p><span class="font-size-3"><b>I. INTRODUCTION</b></span></p>
<p><b style="font-size: 12pt;">II. UNCONVENTIONAL VS CONVENTIONAL RESERVOIRS</b></p>
<p><span class="font-size-3"><b>III. </b></span><b style="font-size: 12pt;">LEASING</b></p>
<p><span class="font-size-3"><b>IV. NEED TO KNOW TERMINOLOGY AND VALUE METRICS</b></span></p>
<p><span class="font-size-3"><b>V. OPTIONS IN STRUCTURING THE SALE OF MINERAL RIGHTS</b></span></p>
<p><span class="font-size-3"><b>VI. PROS AND CONS OF SELLING A MINERAL RIGHT VS SELLING A ROYALTY INTEREST</b></span></p>
<p></p>
<p align="center"><span class="font-size-3" style="font-family: helvetica;">FUNDAMENTALS OF LEASING AND SELLING MINERALS</span></p>
<p align="center"><span class="font-size-3" style="font-family: helvetica;">Part One</span></p>
<p><span class="font-size-3" style="font-family: helvetica;"><i>The following is intended to give mineral owners an idea of how minerals are valued and how they are commonly leased and sold. The comments are purposely general in nature as the subject is fairly complex, details regarding size and location of mineral ownership vary widely and those variations are critical to determining value. Anyone considering the sale of minerals should seek the professional assistance of a landman or attorney experienced in the leasing and sale of mineral interests and familiar with the exploration and production history and current activity in the region where the minerals are located.</i></span></p>
<p><span class="font-size-3" style="font-family: helvetica;">Generally speaking minerals have value based upon the perceptions of buyers. Those perceptions can be based on facts available in the public record, production history of wells near the area of the buyer's interest, personal interpretations of geology, respect for a particular Exploration and Production (E&P) company, publicity generated by stock analysts and energy bloggers, or a hunch, to name but a few factors. In my experience rarely does an offer come from a person or company that has privileged information from inside an energy company though some E&P companies may buy minerals in units they operate. Proprietary information is tightly held and unavailable to the majority of buyers and brokers. Buyer perception of value changes over time based on actual unitization, drilling, completion and production results, variations in the price of the hydrocarbons produced and calculations regarding risk and rate of return comparisons between established and emerging domestic plays. The fact that an E&P company spends millions or tens of millions of dollars leasing lands, building infrastructure and drilling wells is often interpreted by mineral owners as an indication that a particular geologic target is a guaranteed successful play. The reality is that the average E&P company is constantly generating new prospects with the knowledge that some will prove economic and some will not. Even the largest companies with decades of experience, command of the latest technological tools and world class intellectual talent backed by capital budgets in the billions of dollars probably have historic success rates in the 50% range. </span></p>
<p><span class="font-size-3" style="font-family: helvetica;">Early in an emerging play there is little definitive information available to the public and the energy company or companies are basing their lease program off of limited data that they have interpreted to indicate potential but that cannot be a definitive indicator of success. Energy companies will sometimes use the term, well control, when referring to the cores and logs from existing historic wells penetrating their target formation. Some prospective formations or zones may have extensive well control because many wells have been drilled through the target prospect over time. The more recent the better owing to the ever advancing nature of technology. Some prospects will have little well control owing to depth and historic cost to drill deep formations which were not commercial under prior technical limitations. Although well control is of obvious value only the drill bit can prove a formation commercial and define its areal commercial extent.</span></p>
<p></p>
<p align="center"><span class="font-size-3" style="font-family: helvetica;">UNCONVENTIONAL VS CONVENTIONAL RESERVOIRS</span></p>
<p><span class="font-size-3" style="font-family: helvetica;"> </span><span style="font-family: helvetica; font-size: 12pt;">Major and mid-major energy companies have shifted their onshore exploration focus heavily to unconventional reservoirs over the last couple of decades. Historically hydrocarbons had been almost exclusively produced from conventional reservoirs where the properties of a formation (reservoir rock) allowed the migration of hydrocarbons over extended distances to a well bore. Discussions of the ability of a formation to allow that migration primarily include two properties, porosity and permeability. Porosity is the space between the grains of rock. The larger the pore space, the more hydrocarbon the rock can hold. Permeability is the measure of how connected those pores are one to the other throughout the formation. The better the connection, the more efficiently the hydrocarbon can flow through the formation over distance to a well bore. Conventional reservoirs have been successfully developed for one hundred years with vertical wells because of good porosity and permeability. Advancing technology (3D seismic, horizontal drilling and hydraulic fracture stimulation) now make it possible to produce hydrocarbons from unconventional reservoirs (source rock) that does not exhibit high degrees of porosity and permeability. Hydrocarbons cannot flow to a well bore by natural means in an unconventional reservoir. They are locked into the formation (low permeability) incapable of flowing over distance without the creation of artificial fractures to connect the reservoir to a well bore.</span></p>
<p><span class="font-size-3" style="font-family: helvetica;">Much of the exploration and production that is discussed on GHS falls into the unconventional reservoir category. Indeed the website came into being because Keith's family was offered a lease in the early days of the emerging Haynesville Shale Play and he could not find any useful information through a search of the Internet. His response to their need to know was the creation of GoHaynesvilleShale.com. The general characteristic of an unconventional reservoir most pertinent to this blog is the fact that they are somewhat uniform in productive viability over large areas. Conventional reservoirs are accumulations of hydrocarbons that have migrated to an area where they are trapped and therefore are not generally productive over a wide expanse but are discrete, separate productive areas of limited size. For energy companies, an unconventional reservoir offers the possibility of repeatable productivity over a wide area that lends itself to economies of scale in development. In other words, low risk of dry holes with the opportunity to leverage operational efficiencies to drive down the cost to produce an mcf (one thousand cubic feet) of natural gas, a barrel of Natural Gas Liquids (NGLs)/condensate or a barrel of oil. Articles on the subject of unconventional reservoirs often use the analogy that development is more akin to manufacturing models than to traditional exploration and production of conventional reservoirs.</span></p>
<p><span class="font-size-3" style="font-family: helvetica;"> </span></p>
<p align="center"><span class="font-size-3" style="font-family: helvetica;">LEASING</span></p>
<p><span class="font-size-3" style="font-family: helvetica;"> </span><span style="font-family: helvetica; font-size: 12pt;">How energy companies approach the leasing and development of unconventional prospects should be understood when considering an offer to lease. A mineral owner has no control over the location of their mineral interest. They do have some level of control over the terms of the lease they execute. That control varies by the laws and regulations of the state where the minerals are located. The terms of a lease have direct and significant impact on the value of the underlying minerals. A buyer considers both location related data and lease terms. The royalty provision and other key lease clauses can significantly increase the value of a mineral interest.</span></p>
<p><span class="font-size-3" style="font-family: helvetica;">The first indications of interest by the energy industry in a particular area are usually shared stories of lease offers. Those offers are made by landmen who work for a land company that represents a client. The client may be an energy company intending to drill wells (an operating company), an energy company that specializes in acquiring acreage with the intent to invest in wells drilled by an operating company (a working interest) or a company or individual who wishes to sell leases to a third party for a profit (speculative investor). It is common practice in the industry for a company to use one or more land companies to acquire leases in their name. The leases will be assigned by the land company to the client company at some future date. </span></p>
<p><span class="font-size-3" style="font-family: helvetica;">No company, even major and mid-major E&P companies, employs the numbers of landmen required to take leases for an unconventional prospect that may cover hundreds of thousands of acres. Land companies are in the business of supplying the labor required to identify mineral owners, determine how to contact them and make the lease offers. Land companies maintain business relationships with as many energy companies as possible and the bulk of the landmen they employ work on day rates. They are contractors and are not guaranteed continuous employment. Landmen spend a lot of time looking for work and often travel considerable distances to work a project. The land department of the client company will provide the land company with the area to be leased and the terms to be offered. The client company does not provide the land company with the particulars of their development plans beyond the bare basics and specifies the lease and memorandum of lease forms to be used. The landmen employed by the land company are privy to even less information about the client company and its intentions. They usually have only a narrow scope of authority to negotiate lease terms and must clear anything beyond those terms with their employer. It is the intent of the landman and his employer to do as little negotiating as possible. Their job is to acquire leases for the assigned acreage at the approved terms as quickly and as quietly as possible. </span></p>
<p><span class="font-size-3" style="font-family: helvetica;">The relationship between client, land company and landman is a practical reflection of the business needs of the energy industry. That relationship functions to provide the energy company with the opportunity to explore and produce hydrocarbons for a profit. Mineral owners should have a general grasp of this process and fully understand that although a lease represents the opportunity to monetize an asset otherwise beyond their reach, it is a legally binding business transaction that requires their due diligence as to terms. It is the responsibility of the mineral owner to decide what is acceptable either independently or through the assistance of qualified professionals. A lease agreement can remain in force for decades and generations of owners. No mineral owner should expect a landman or land company to look out for their best interests. </span></p>
<p><span class="font-size-3" style="font-family: helvetica;">As leasing efforts progress the land company will begin to record leases or memorandums of lease in the public record for the county or parish. Documents recorded with the Clerk of Court are available for review by the general public. Some Clerks of Court provide remote access to their records by computer. Those scanned documents do not cover the entirety of the public records but usually include instruments filed over the last couple of decades. A recorded lease will include all the terms except the bonus payment. A Memorandum of Lease will generally only reference the name of the lessor (mineral owner) and the lessee (company taking the lease), a legal description of the lands covered by the lease and the length of time the lease is effective. A Paid Up lease will include a bonus payment for a specific primary term, typically three to five years, and may include an option for the lessee to extend the length of the primary term for additional years based upon payment of a specific amount of money prior to expiration of the primary term.</span></p>
<p><span class="font-size-3" style="font-family: helvetica;">The usual progression of lease offers in an area follows a pattern. The first mineral owners to be approached are generally those with larger mineral interests. It makes sense to acquire as much acreage as possible in the early stages of leasing. The offers made are "opening offers" to get feedback as to what terms will be required to lease the targeted acreage. By leasing the larger mineral tracts across the target area a company effectively limits the possibility for competition. Energy companies that operate (drill wells) are focused on leasing acreage where they can drill. Although it is an unavoidable consequence of staking out a land position where two or more companies are acquiring leasehold operating companies generally don't wish to lease where a competitor has already acquired the majority of mineral acres. The most advantageous situation for mineral owners is when two or more companies begin competing for leases in a given area early in an emerging prospect. Eventually one company will win that contest and then the others will normally cease to offer leases there and shift their focus elsewhere in the prospective area. </span></p>
<p><span class="font-size-3" style="font-family: helvetica;"> </span><span style="font-family: helvetica; font-size: 12pt;">As leasing progresses exploration follows. When an operating company is preparing to drill an area they will generally form drilling units and seek to lease the smaller previously unleased tracts. An application will be made to state regulators for a specifically defined surface area and depth definition for drilling & production units with a designated operator. The most common unit type is compulsory meaning that the state uses its authority under statute to compel all the mineral interests within that unit boundary to participate, to varying extents, in the development of the designated formation/zone. Each state uses variations in language to describe this process and common phrases are Force Pooling and Compulsory Integration. The rationale behind compelling parties to cooperate to allow for development of mineral resources is derived from the desire of mineral owners to monetize their asset and the state to generate revenue and incentivize the creation of jobs and stimulate economic growth. Without compulsory unitization of mineral ownership the whole process of acquiring the rights to drill and produce hydrocarbons would be difficult and in many cases insufficiently profitable for any company to make the required investment. Each state makes their own laws and regulations concerning the exploration and production of minerals and those laws and regulations as they pertain to compulsory unitization vary, sometimes significantly so. When negotiating a lease it is important to understand the specifics of unitization statutes. When the operator of an established unit cannot reach an agreement with a mineral owner they may choose to force pool those minerals and thereby have the right to produce those minerals through the authority vested in the state. In the vast majority of cases an operator prefers to have minerals in their unit under lease. Under some state regulations the unit operator recovers only their development costs and realizes no profit from minerals force pooled (Louisiana) or receives some profit limited by way of risk penalties set by the state (Texas, Arkansas and Mississippi). The specifics of risk penalties may vary depending on whether the interest force pooled is an individual mineral owner or a party holding a mineral lease or other mineral right. In Louisiana mineral law unleased and force pooled mineral owners are treated differently than companies, other than the operator, holding leases within a unit. Those non-operating companies are defined as Working Interests and are required to pay their share of the development costs or incur risk penalties set by state law. Unleased mineral owners are not required to pay their proportional share of costs out of pocket however the unit operator is not required to pay them until the well has reached payout. After the well has generated revenue sufficient to recover it's cost to drill and complete the operator is required to pay the unleased mineral owner 100% of their proportional share of unit production subject only to deductions for monthly lease operating expenses (LOE).</span></p>
<p><span class="font-size-3" style="font-family: helvetica;">Lessors of mineral interests that are leased and included in a compulsory drilling unit receive royalty payments from any and all wells producing minerals within the unit boundary regardless of the surface location of the wells. That participation is based on two facts: the percentage of the total unit acres represented by any given tract; and the royalty percentage contained in the lease for that tract. For example, a ten acre tract in a one thousand acre drilling unit would represent a 1% ownership interest in the whole. The royalty percentage for that 1% determines the net mineral interest owned in unit production. To calculate a net mineral interest, the 0.01 interest is multiplied by the royalty fraction. If the royalty was one-fifth (20%) then, 0.01 X 0.20 = 0.002 and the royalty owner would receive payment based upon two thousandths of the income generated by unit production subject to applicable deductions. Some deductions, such as severance tax, are set by the state while other deductions are covered by lease terms and the interpretation of lease language by state courts. Post-production costs deducted from royalty payments cause a lot of controversy. To avoid this a lessor should negotiate a cost-free royalty clause in his lease whenever possible.</span></p>
<p><span class="font-size-3" style="font-family: helvetica;">Mineral owners with modest to small acreage tracts often become concerned when they are not approached in the same time frame as neighbors with larger land holdings. Those who understand the leasing process will practice patience and wait to be contacted by the land company handling leasing in their area. As long as the public record contains up to date and accurate evidence of their mineral ownership interest the land company will find them. Those who panic and approach the land company may or may not receive an offer to lease but if they do it is, more often than not, the same as the opening offer. As leasing progresses and becomes more widely known publicly and/or competition from other companies materializes it is very common for lease offers to improve. Where early opening offers are for a one fifth royalty later offers may be for nine fortieths (22.5 %) or a quarter (25%). Particularly in the advent of competition for leases and/or public announcements of successful early wells, bonus offers may increase also. </span></p>
<p><span class="font-size-3" style="font-family: helvetica;">Now the question of risk becomes important to mineral owners considering an offer or offers to lease. Not all leasing efforts continue to the point of exploration or production. It is not uncommon for leasing to cease for many reasons mostly beyond the understanding of mineral owners. If early exploration wells experience insurmountable mechanical problems or production is insufficient to meet internal corporate rate of return models those are obvious reasons to stop offering new leases. However there can be other reasons that no one can see coming or anticipate. In those cases only those who leased early will benefit from the lease bonuses. However in the opposite scenario development success will provide financial advantages for those who lease at a later date. As it is common for production from successful exploration and production efforts to last for many years, indeed quite often decades, the bonus payment soon loses significance compared to the royalty in a lease. The difference in payments between a one fifth royalty and a nine fortieths or one quarter royalty to a mineral lessor projected over the course of multiple unit wells and a couple of decades can be quite large. Most leasing professionals would likely agree that the bonus is the least important term and would follow in importance not only the royalty fraction but a list of beneficial and protective lease terms dealing with surface use, royalty cost deductions, pooling limitations, depth limitations and shut in payments, to name but a few.</span><span style="font-family: helvetica; font-size: 12pt;"> </span></p>
<p></p>
<p align="center"><span class="font-size-3" style="font-family: helvetica;">PART TWO</span></p>
<p align="center"><span class="font-size-3" style="font-family: helvetica;">NEED TO KNOW TERMINOLOGY AND VALUE METRICS</span></p>
<p><span class="font-size-3" style="font-family: helvetica;">In order to make informed decisions concerning leasing and selling minerals it is helpful to understand what you own and how you own it. It may seem strange but a large percentage of mineral owners do not know what they own. The legal concept of severing the mineral estate from the surface estate did not come into practice until the early twentieth century when the exploration and production of oil spread across the nation. Some areas of the country did not experience exploration and production until the mid to late twentieth century and some areas long thought to be non-commercial are proving otherwise in the twenty-first century. The ownership of both estates is said to be ownership in fee. Once the potential value of minerals became clear the sale and trading of mineral and royalty rights became relatively common in areas of successful production or sheer speculation. Thereafter mineral rights were often severed and no longer owned in fee.</span></p>
<p><span class="font-size-3" style="font-family: helvetica;">It is common for ownership of minerals to be shared by multiple owners. When an individual owns a fraction of the whole they are said to own an undivided interest. For example, four owners with equal interests in a 40 acre tract are said to own an undivided interest in one quarter of each acre. Another common way to express this is that each owner owns 10 net mineral acres. It is common practice for lease forms to contain the gross acreage of a master tract, (e.g. 40 acres) instead of the net mineral acre total for each undivided ownership interest (10 acres). For that reason if the four owners were to all lease their interest in the 40 gross acre tract they would execute lease forms giving a legal description of the tract as 40 acres even though their individual interest was one quarter or 10 net mineral acres. The simplest way to calculate what the company offering the lease thinks you own is to find out the dollar amount of the bonus per acre and then to divide the bonus payment by the per acre amount. If the bonus per acre was $200 and your bonus check was for $400 then the land company would have calculated that you own two net mineral acres of the 40 gross acre tract. An owner of an undivided interest may act independently of the other owners to lease and receive a bonus or to sell their mineral right or a royalty interest.</span></p>
<p><span class="font-size-3" style="font-family: helvetica;">In states that allow severance of the mineral estate from the surface estate in perpetuity it is quite common for gross tracts to have many owners due to the handing down of family ownership over generations. In many cases those heirs are unaware that they own the mineral interest owing to the fact that it may never have been leased and that no taxes are levied on non-producing minerals (how minerals are taxed varies by state). Their first recognition of that ownership interest is often when they are contacted by a landman offering a lease. Undivided ownership may also come about by the sale of a portion of the mineral right as opposed to ownership handed down within a family. Between sales of mineral interests and the passing of ownership by will or forced heirship laws a 40 acre tract of land could have many owners each having a small fraction of the whole and it is not unusual for the surface owner to have no ownership in the mineral estate. </span></p>
<p><span class="font-size-3" style="font-family: helvetica;">Louisiana mineral law is different from most other states in that the severance of the two estates in perpetuity is not allowed. The sale of Louisiana minerals results in the creation of a mineral servitude (the right to explore for and produce minerals) that is governed by a ten year prescription period. The ten year period begins the day a mineral servitude is created. At the end of the ten years the mineral right would return to the current surface owner if there is no good faith effort to produce (drill a well meeting state standards). If a productive well is completed the prescription period is suspended and begins anew from day one on the date that the production ceases. If a well meeting the standards is drilled and is not productive that act resets the ten year period which begins again from day one that the well is plugged and abandoned. A mineral servitude may be created with an effective period of less than ten years but cannot be greater than ten. This is a simplified definition and mineral servitudes can be quite complex and subject to a number of exceptions and conditions. Servitude owners should seek counsel from professionals with extensive experience in servitude statutes and legal precedents. </span></p>
<p><span class="font-size-3" style="font-family: helvetica;">Researching mineral title is complicated and requires experience. In states where the two estates may be severed in perpetuity running title is especially time consuming and costly. For this reason a client company dictates the level of due diligence that a land company will employ in order to offer a lease. It is common practice in the industry to perform a limited amount of due diligence during the leasing process. This is because it is a considerable expense that is wasted if a well drilled under those leases is dry or sub-economic and not produced. If the well is economic then the client will conduct a full blown title review in preparation for paying out royalties. That review will result in a Division Order that specifies who will be paid and calculates the net mineral interest for each royalty recipient. Division Order reviews may include new surveys of each tract in a unit and those surveys may not correspond exactly with older or original surveys. For example a tract surveyed in the early twentieth century may be found to be of a different size with the more modern technology/methods used in a new survey. Once a Division Order is completed each royalty interest will receive a document stating their specific decimal interest and requesting personal information for tax purposes. When mineral owners approve their decimal interest and provide that personal information they are said to be "in pay" and will begin to receive monthly checks and statements. Mineral lessors should keep originals or copies of all documents pertinent to their lease, division order and royalty payments in a permanent file along with the contact information for their operator and/or lessee.</span></p>
<p><span class="font-size-3" style="font-family: helvetica;">There is an additional term and concept that should be mentioned although it will not come up in lease negotiations nor in the payment of royalty. Those in the business of buying, selling and brokering minerals often use the term, royalty acre. In addition to mineral ownership having a net mineral interest, leased minerals will have a royalty acre total based on the royalty fraction contained in the lease agreement. Early leases commonly carried a one eighth royalty. Royalty fractions now are quite varied generally ranging from one eighth to one quarter with leases in unconventional plays normally commanding one fifth to one quarter. All else being equal, a lease with a higher royalty has greater value to a buyer. A royalty acre is one net mineral acre at a one eighth royalty fraction. Therefore our 40 acre tract leased at one eighth is 40 royalty acres. 64 royalty acres if leased at one fifth. And 80 royalty acres if leased at one quarter. To calculate royalty acres divide the royalty fraction in the lease by 0.125 (one eighth). The calculation for a one fifth royalty would be: 0.20 divided by 0.125 = 1.6. Each net mineral acre under that lease would equal 1.6 royalty acres. The concept of mineral value based upon royalty acre should be an important consideration when negotiating a lease and deciding which lease terms are most important.</span></p>
<p><span class="font-size-3" style="font-family: helvetica;"> </span><span style="font-family: helvetica; font-size: 12pt;"> </span></p>
<p align="center"><span class="font-size-3" style="font-family: helvetica;">OPTIONS IN STRUCTURING THE SALE OF MINERAL RIGHTS</span></p>
<p><span class="font-size-3" style="font-family: helvetica;"> Minerals are classified generally as producing and non-producing. Non-producing minerals may be leased or un-leased. Depending on the particular combination of categories there are associated variables that are considered in a value calculation. There are also varying business models employed by brokers and buyers of minerals to identify willing sellers.</span></p>
<p><span class="font-size-3" style="font-family: helvetica;">The universe of buyers for non-producing, un-leased minerals is relatively small. This is largely due to geologic risk, high capital requirements and uncertainties regarding the time to realize a return on investment. The buyers who have acquisition strategies targeting this class of mineral interest are often large, well capitalized companies that specialize in acquiring large acreage positions. For that reason their strategy may not include modest to small acreage tracts and they rarely send mass mailings to mineral owners of record. Some independent energy companies have business models where they develop a geologic prospect, acquire a core lease block and promote the prospect to operating companies. </span></p>
<p><span class="font-size-3" style="font-family: helvetica;">The universe of buyers for leased, non-producing minerals is larger and more diverse. When leases or memorandums of lease begin to be recorded in the public record they become a readily available and somewhat vetted source of contact information. Although a lease provides greater detail as to terms than a memorandum both contain the key information that can be used to build a mailing list. All that is required is the name of the lessor, their mailing address and the legal description of the lands leased. As mentioned earlier a land company will perform the research required to identify the individual mineral owners through conveyance instruments in the public record. Although not a full title review that work is sufficient to give a degree of confidence that the lessor on the lease indeed holds some undefined ownership interest in the mineral tract. There are other less accurate sources from which to source contact information such as Interested Party lists which are part of drilling unit applications and local tax records.</span></p>
<p><span class="font-size-3" style="font-family: helvetica;">Once a company has the information required to make a mass mailing the question becomes how they choose to structure the offer. Some use overly vague and purposely misleading language and send hundreds of thousands of letters with little seeming thought to the location and prospective nature of the mineral interest. The bulk of mail offers are short on detail, especially an actual dollar amount per acre, and represent a fishing expedition for interested sellers. A return response usually results in a negotiation that is intended to determine the lowest price acceptable to the seller. It is not unusual that when a company making such an offer actually does some research on the specific location of the minerals they will decide to decline to make a specific dollar offer because the facts turn out to be less than acceptable based on the acquisition model. There is nothing illegal or inherently unethical about making unsolicited offers to buy or broker minerals by mail. </span></p>
<p><span class="font-size-3" style="font-family: helvetica;">Websites are the new means to find interested mineral sellers. Perform an Internet search and you will get an idea of just how many are currently active. Obviously this avoids the need to do any research for contact purposes but it does create a huge challenge for the manpower and overhead to process large numbers of contacts not to mention the research that would be required to actually make a fair market offer through some reasonable level of due diligence on minerals scattered across the United States. In my opinion both approaches are based on generating a large number of potential deals and making enough, off the few that actually result in a sale, that will cover overhead and generate a net profit. For those reasons I have my doubts that Internet offers generally represent what most would consider to be a fair market offer. </span></p>
<p><span class="font-size-3" style="font-family: helvetica;">So how does an interested seller go about vetting mineral acquisition companies and generating multiple offers for comparison? Those that have a trusted banker or attorney may be able to get referrals to local individuals or companies that broker or buy minerals. In my opinion the odds of receiving a fair market offer are improved by dealing with those who are most likely to be familiar with the mineral history and any current relevant activity in the proximity of the mineral interest. With a firm offer in hand it is possible to judge if one or more website mineral companies are willing to make a competitive offer or to counter an offer received by mail. Sellers would do well to disregard claims by any broker or buyer that they always make the best offer. </span></p>
<p><span class="font-size-3" style="font-family: helvetica;">Those individuals or companies that acquire mineral interests are often characterized as either wholesale or retail buyers. Wholesale buyers generate their own prospects based on their acquisition strategy. They negotiate the price and provide a purchase and sales agreement. Although there is no middle man (broker) involved in a wholesale transaction there is no guarantee that the offer is the best available. Retail buyers utilize brokers and expect to pay for the services they provide. Brokers will use an option contract to define the specific terms of a sale. The option has an effective period during which the seller can take no actions to burden or convey the mineral interest and is binding on the seller for a buyer who will fulfill the terms of the option within the effective period. Option contracts serve to work out all the terms of a sale in advance and provide a reasonable period for a broker to perform title review, assemble a buyer preview to provide facts that bolster the option price, contact multiple buyers, get a commitment and make closing arrangements. Sellers, in this case called optionors, are not bound to accept any sale that does not conform to the terms of the option. If the broker fails to find a buyer at the agreed upon price then the option will expire and the mineral owner is free to consider other offers. It is not uncommon for a buyer to make a counter offer through the broker that the seller may choose to accept but is not compelled to do so. Many buyers prefer to focus acquisitions on minerals offered for sale through an option contract because there is a greater level of certainty that if their due diligence results in a decision to buy they will be able to close the purchase without further negotiations or unrecovered costs. Retail buyers avoid those mineral owners who are merely interested in knowing what someone thinks their minerals are worth, with no intention of selling, and those with no binding commitment to a sale at specific terms and maximize their time where they have an expectation of closing a sale.</span></p>
<p><span class="font-size-3" style="font-family: helvetica;"> </span></p>
<p align="center"><span class="font-size-3" style="font-family: helvetica;">PROS AND CONS OF SELLING A MINERAL RIGHT VS SELLING A ROYALTY INTEREST</span><span style="font-family: helvetica; font-size: 12pt;"> </span></p>
<p><span class="font-size-3" style="font-family: helvetica;">A mineral right or royalty interest may be sold in its entirety or as a fraction of the whole. One of the four owners of an undivided interest in our 40 acre example, owning 10 net mineral acres, would have the right to sell a half interest in their mineral right. This would result in their retaining a one eighth ownership interest in each of the gross 40 acres and the buyer owning a one eighth interest in each acre. If the seller's mineral right was burdened by an existing mineral lease the buyer's mineral interest would be subject to the terms of that lease. If the 10 acres was un-leased or an existing lease expired then both seller and buyer would be free to lease, or not, their separate ownership interest going forward. A mineral right owner has the right to lease their interest, receive royalty, bonus and other payments. A royalty interest owner has only the right to receive their proportional share of the royalty. As defined by the Louisiana Mineral Code, there are two classes of royalty: a royalty created from a mineral right and a royalty created under an Oil, Gas & Mineral lease. A royalty created from a mineral right, whether by the owner of the lands or by the owner of a mineral servitude created from the lands, is effective for a defined period of time no greater than ten years. If there is no production during the effective period the mineral right royalty expires. If production is established during the effective period of the conveyance the royalty right remains in force and begins again from day one when production ceases. Example: If a royalty interest carved from a mineral right is effective for a period of five years and production commences in year three, the royalty right remains with the buyer for the duration of production. Not for the remaining two years. Once production ceases, the five year effective period begins anew.</span></p>
<p><span class="font-size-3" style="font-family: helvetica;">A royalty created under an Oil, Gas & Mineral Lease is effective for the term of the lease. Whenever the lease expires, whether through failure to drill a well or through the drilling on a non-producing well, the royalty created under that lease expires also. If a producing well or wells are drilled then the lease remains in force, as does the royalty created from it, until such time as production ceases. Unlike a mineral servitude created by the sale of a mineral right, the prescriptive period for a royalty created under a lease is not reset by a good faith effort to produce that fails (i.e., a dry hole). When a lease expires through cessation of production, the royalty right conveyed expires also.</span></p>
<p><span class="font-size-3" style="font-family: helvetica;">I strongly advise mineral owners who wish to sell a royalty interest to engage the services of an experienced energy attorney. There are various ways that a royalty may be defined in a conveyance instrument that determine how it is interpreted in law. For the practical purposes of a willing seller the most important variance is how the proceeds of a sale are taxed. The sale of a royalty created from a mineral right, owned for a period greater than one year under current IRS rules, is taxed as long term capital gains. Depending on the seller's tax bracket that would be either 15% or 20%. The proceeds of a sale of a royalty created under an Oil, Gas & Mineral Lease would be taxed as "ordinary income" and depending on the amount would be taxable up to the top effective rate, currently 39.6%. Louisiana mineral owners would also pay the appropriate percentage of state tax in addition to their federal tax requirement. Offers to acquire a royalty interest in producing minerals are commonly based upon a multiple of a monthly average payment. As an example a buyer of royalty may take the average of the most recent three monthly payments and then multiply that amount by a number of months of production, commonly 60 to 120, to calculate their dollar offer.</span></p>
<p><span class="font-size-3" style="font-family: helvetica;">Experienced mineral buyers understand and seek to manage risk in a number of ways. Interested sellers in emerging plays should account for one of those ways. It is very common for buyers to develop an acquisition strategy where there is little or no actual production that sets target acreage totals by location. Simply put, they don't want too many eggs in one basket. They scatter their purchases across a defined area and decline to acquire more than their target range in any one drilling unit. For that reason a buyer may prefer a 20 acre tract to a 200 acre tract. Those with a different acquisition strategy may prefer the 200 acre tract. In either scenario once they have acquired their acreage target they quite often decline to buy any additional minerals or royalty. Buyers often have a budget and a strategy to buy acreage in locations and in multiple drilling units scattered across their area of interest. Experienced buyers know that not all rock will turn out to be equal and that unexpected geologic factors such as faults can negatively impact prospective minerals. Acquiring mineral on the periphery of an emerging play carries additional risk as even the most extensive unconventional plays do not extend forever. Productivity can decline rapidly or cease over a relatively short distance. </span></p>
<p><span class="font-size-3" style="font-family: helvetica;">Where lands have been proven with completed wells and mineral ownership has undergone the scrutiny of a high due diligence division order review the risk of acquiring mineral interests is much reduced. It follows that the value of those minerals would be increased. Not all risk is eliminated however as the market price for hydrocarbons has a history of wide fluctuations. At this point the assessment of future value tends to be based on how many wells will be drilled in a unit and in what time frame. The concept of the present value of a dollar is important to both buyer and seller. Minerals in a unit where an operator is actively permitting or drilling additional wells can be of greater value than similar minerals where there is no evidence of additional near term development. However minerals where multiple wells have been drilled and produced for any significant period of time are declining in value as the unit reserves are depleted.</span></p>
<p><span class="font-size-3" style="font-family: helvetica;">Determining the value of minerals is a subjective exercise and boils down to what a seller is willing to accept from a buyer. Mineral owners should seek professional help and get multiple offers including one or more that originates with a buyer or broker who knows the history and current activity where the mineral interest is located. Before soliciting offers a mineral owner should give thought to just what they are willing to sell. It is easier to make a decision to sell and not second guess that decision or the sales price if a mineral owner has exercised a modicum of due diligence in the process.</span></p>
<p></p>
<p><span class="font-size-2" style="font-family: helvetica;"><i>Skip Peel, Independent Landman provides land services to land and mineral owners. Services include leasing research and tracking, lease negotiation strategy, tracking spreadsheets for unit and well data by play, mineral history, title research and curative and brokerage for the sale of minerals. Service area is Louisiana and east and south-central Texas. Contact by email at <a href="mailto:skippeel@gmail.com" target="_blank">skippeel@gmail.com</a>.</i></span></p>MIDDLE EAST PUMPS, VALVES, PIPES&COMPRESSOR INDUSTRIAL EXHIBITION 2014(PVPCEXPO)tag:gohaynesvilleshale.com,2014-06-17:2117179:BlogPost:33229632014-06-17T09:22:07.000Zjessieexpohttps://gohaynesvilleshale.com/profile/jessieexpo
<p style="text-align: center;"><b>MIDDLE EAST PUMPS, VALVES, PIPES&COMPRESSOR INDUSTRIAL EXHIBITION 2014(</b><b>PVPCEXPO</b><b>) Dec15th-17th,2014 Venue: Expo Center sharjah,UAE </b></p>
<p>² <b>Expo Name:</b> PVPCEXPO Middle East</p>
<p>² <b>Time:</b> Dec 15th -17th,2014</p>
<p>² <b>Venue:</b> Expo Center sharjah,UAE</p>
<p>² <b>Sponsor:</b> Sharjah Chamber of Commerce & Industry</p>
<p>² <b>Organizer:</b> CEW Group</p>
<p>² <b>Supporters:</b> Expo Center…</p>
<p style="text-align: center;"><b>MIDDLE EAST PUMPS, VALVES, PIPES&COMPRESSOR INDUSTRIAL EXHIBITION 2014(</b><b>PVPCEXPO</b><b>) Dec15th-17th,2014 Venue: Expo Center sharjah,UAE </b></p>
<p>² <b>Expo Name:</b> PVPCEXPO Middle East</p>
<p>² <b>Time:</b> Dec 15th -17th,2014</p>
<p>² <b>Venue:</b> Expo Center sharjah,UAE</p>
<p>² <b>Sponsor:</b> Sharjah Chamber of Commerce & Industry</p>
<p>² <b>Organizer:</b> CEW Group</p>
<p>² <b>Supporters:</b> Expo Center sharjah</p>
<p></p>
<p align="left"><b>PUMP EXPO</b><b>:</b></p>
<p align="left">Pumps; Pump Components -Die / Moulds; Drives; VFDS; Couplings; Pumps Controllers; Mechanical Seals; Injectable Sealants Software Solution For: -Pump Designs; -Pump Model Studios; - Pump Control and Monitors</p>
<ul>
<li><b>Pipeline Expo</b><b>:</b></li>
</ul>
<p>Raw materials, tubes and accessories<br/> - Tube manufacturing machinery<br/> - Rebuilt and reconditioned machinery<br/> - Process technology tools and auxiliaries<br/> - Measuring and control technology<br/> - Testing<br/> - Specialist areas<br/> - Trading, Stockists of tubes of all kinds<br/> - Pipeline and OCTG technology<br/> - Profiles and machinery</p>
<ul>
<li><b>PROCESS SYSTEM EXPO</b><b>:</b></li>
</ul>
<p align="left">Manufacturers of Process System & Equipment; Lubrication systems; Fluid Machinery; Instrumentation; Automation & Control Systems Loading Unloading Systems, Storages & Handling; Metering Water Treatments, Scavengers, Precipitators; Effluent Treatment; Static & Dynamic mixing, Homogenizers; Pasteurizing, Sterilizing; Filters, Centrifuges; Safety systems like fire-fighting systems.</p>
<ul>
<li><b>VALVES EXPO</b><b>:</b></li>
</ul>
<p align="left">Valves; Actuators; Components of Valves; Research Institutes; Foundries;</p>
<p align="left">Forge Shops; Gaskets, Packing and Sealants.</p>
<p><a href="mailto:jessie@cewfair.com"><b>jessie@cewfair.com</b></a><b>;</b> <a href="mailto:jessieexpo@163.com"><b>jessieexpo@163.com</b></a><b>; skype:jessieexpo</b></p>
<p align="center"></p>WELL SHALLOWtag:gohaynesvilleshale.com,2014-05-19:2117179:BlogPost:32982232014-05-19T20:25:16.000ZSeimond S Evanshttps://gohaynesvilleshale.com/profile/SeimondSEvans
<p>what does it mean when a land man tells you that although you have several wells they are shallow??</p>
<p>what does it mean when a land man tells you that although you have several wells they are shallow??</p>Oildex Ranked One of Denver’s Best Software Developerstag:gohaynesvilleshale.com,2014-04-29:2117179:BlogPost:32830612014-04-29T12:40:22.000ZOildexhttps://gohaynesvilleshale.com/profile/Oildex
<p>Oil and Gas Data Exchange and Workflow Provider Recognized for Software Development Leadership</p>
<p class="releaseDateline">Denver and Houston (PRWEB) April 29, 2014</p>
<p><a href="http://www.oildex.com/" rel="nofollow" title="Oildex">Oildex</a>, the innovator of smart information management solutions for the oil and gas industry, is pleased to announce the Denver Business Journal recognized Oildex as one of the top software development companies in the Denver-area. This is the third time…</p>
<p>Oil and Gas Data Exchange and Workflow Provider Recognized for Software Development Leadership</p>
<p class="releaseDateline">Denver and Houston (PRWEB) April 29, 2014</p>
<p><a title="Oildex" href="http://www.oildex.com/" rel="nofollow">Oildex</a>, the innovator of smart information management solutions for the oil and gas industry, is pleased to announce the Denver Business Journal recognized Oildex as one of the top software development companies in the Denver-area. This is the third time Oildex was recognized by the Denver Business Journal for software development leadership.</p>
<p>Based on more than 20% Y/Y revenue growth, Oildex ranked #4 on this year’s list of Top Software Developers, up two positions from its previous ranking. Oildex’s strong revenue growth is attributed to a record-breaking year of customer adoption.</p>
<p>This honor comes as Oildex continues to deliver on its ambitious development roadmap of new products, features and enhancements – all designed to improve operational efficiency, better visibility into cash management and more profitable business relations for upstream oil and gas customers.</p>
<p>“Oildex is honored to be recognized as one of the top software developers in the Denver-area. This achievement further validates the momentum we are experiencing within the market,” said Mike Weiss, Oildex Vice President of Engineering. “Paired with Oildex’s strategy for continued growth, there is much more ahead for Oildex, and more importantly, our community of oil and gas operators, their suppliers and partners.”</p>
<p>About Oildex <br/>Oildex provides smart information management and business process automation Software-as-a-Service (SaaS) solutions to over 7,900 companies and 130,000 registered users in the oil and gas industry. The Oildex suite of services streamlines operations enabling companies to shift from paper-based processes to electronic and provides tools for companies to track and understand their transactions in near-real time. Currently available services include: digital and scanned invoice processing (Spendworks™ and Spendworks Complete™), owner/producer relations data posting (Owner Relations Connect™), check stub reporting (Checkstub Connect™ - CDEX), scanned check stub reporting (CDEX Complete™), joint interest bill processing (JIB Connect™), scanned JIB processing (JIB Complete™), crude oil data exchange (Run Ticket Connect™ - CODE), and production and sales volume reporting. Oildex has offices in Denver and Houston. For more information, please visit <a title="Oildex" href="http://www.oildex.com/" rel="nofollow">http://www.oildex.com</a>.</p>GoHaynesvilleShale.com Updatetag:gohaynesvilleshale.com,2014-04-28:2117179:BlogPost:32826362014-04-28T19:00:00.000ZKeith Mauck (Site Publisher)https://gohaynesvilleshale.com/profile/Haynesville_Shale
<p><a href="http://www.gohaynesvilleshale.com" target="_blank"><img src="http://storage.ning.com/topology/rest/1.0/file/get/2220430833?profile=RESIZE_320x320" width="300"></img></a></p>
<p><strong><span style="font-size: 12pt;"><a href="http://www.gohaynesvilleshale.com/page/mississippi" target="_blank">Mississippi</a> / <a href="http://www.gohaynesvilleshale.com/page/louisiana-1" target="_blank">Louisiana</a> / <a href="http://www.gohaynesvilleshale.com/page/texas-1" target="_blank">Texas</a> / …</span></strong></p>
<p><a href="http://www.gohaynesvilleshale.com" target="_blank"><img width="300" src="http://storage.ning.com/topology/rest/1.0/file/get/2220430833?profile=RESIZE_320x320" width="300"/></a></p>
<p><strong><span style="font-size: 12pt;"><a href="http://www.gohaynesvilleshale.com/page/mississippi" target="_blank">Mississippi</a> / <a href="http://www.gohaynesvilleshale.com/page/louisiana-1" target="_blank">Louisiana</a> / <a href="http://www.gohaynesvilleshale.com/page/texas-1" target="_blank">Texas</a> / <strong><span><a href="http://www.gohaynesvilleshale.com/forum/topic/new?target=http%3A%2F%2Fwww.gohaynesvilleshale.com%2F" target="_blank">+ Start a Discussion</a></span></strong></span></strong></p>
<p><span style="color: #ffffff;"><span>-------------------------------------------------------</span></span></p>
<p><strong><span style="color: #000000; font-family: helvetica;" class="font-size-3"><a href="http://www.gohaynesvilleshale.com/forum/topics/the-future-of-gohaynesvilleshale" target="_blank">The Future of GoHaynesvilleShale.com:</a> </span></strong><span style="font-family: helvetica; font-size: 10pt;">Moving forward, I’m looking forward to the future role our network will play in the domestic oil and gas industry. The shale isn’t going anywhere and mineral ownership will only continue to grow. We want to provide a useful and influential website that grows right along with it. It’s along these lines that we have been rethinking how we grow our community. Our conclusion is that now is a good time to change up our approach in order to have the widest reach and most affective platform possible.... <strong><a href="http://www.gohaynesvilleshale.com/forum/topics/the-future-of-gohaynesvilleshale" target="_blank">Read more...</a></strong></span></p>
<p><span style="color: #ffffff;"><span><span>------------------------------------------------------</span></span></span></p>
<p><span style="color: #888888;"><strong style="font-family: helvetica;"><span style="font-size: 12pt;">TOP DISCUSSIONS FOR THIS WEEK</span></strong></span></p>
<p><strong><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3627703" class="xg_sprite xg_sprite-discussion" style="font-size: 1.17em;">Henry Hub gas prices</a></strong></p>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/BrianH">Brian H</a></p>
<h3 class="dy-protect"><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3625433" class="xg_sprite xg_sprite-discussion">Observations of Current Leasing in north Angelina County, TX</a></h3>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/MikeRichardson">Mike R</a> </p>
<p><strong><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3625360" class="xg_sprite xg_sprite-discussion" style="font-size: 1.17em;">Rumors of things picking up....</a></strong></p>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/Aggie95">Aggie95</a></p>
<h3 class="dy-protect"><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3624176" class="xg_sprite xg_sprite-discussion">MRD taking large transportation costs</a></h3>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/LanieDornier">Lanie Dornier</a> </p>
<h3 class="dy-protect"><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3625721" class="xg_sprite xg_sprite-discussion">August 22, 2016 Division Order</a></h3>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/LN">LN</a> </p>
<h3 class="dy-protect"><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3624482" class="xg_sprite xg_sprite-discussion">Mineral values in today's market</a></h3>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/kittycatmama532">kittycatmama</a> </p>
<h3 class="dy-protect"><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3624026" class="xg_sprite xg_sprite-discussion">MRD charging high transportation costs</a></h3>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/LanieDornier">Lanie Dornier</a> </p>
<h3 class="dy-protect"><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3625027" class="xg_sprite xg_sprite-discussion">Cross unit alternate unit wells?</a></h3>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/GregoryAlanThomasDVM">Gregory Alan Thomas DVM</a> </p>
<h3 class="dy-protect"><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3624572" class="xg_sprite xg_sprite-discussion">Frac Pond Being Filled By Natural Creek On Someone Else Property. Who Gets Paid For Water Used</a></h3>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/jimmywoodard">jimmy Woodard</a></p>
<h3 class="dy-protect"><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3626917" class="xg_sprite xg_sprite-discussion">Transfer Documents</a></h3>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/LN">LN</a></p>
<h3 class="dy-protect"><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3624736" class="xg_sprite xg_sprite-discussion">Southwest Oil Independents warning to Saudi Arabia</a></h3>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/RobertJohnson228">Robert Johnson</a></p>
<h3 class="dy-protect"><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3627288" class="xg_sprite xg_sprite-discussion">Deepwater Horizon: It actually looks good...</a></h3>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/Haynesville_Shale">Keith Mauck (Site Publisher)</a></p>
<h3 class="dy-protect"><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3626668" class="xg_sprite xg_sprite-discussion">Seismic Survey Permit 101 aka I have questions</a></h3>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/MelD">MelD</a></p>
<h3 class="dy-protect"><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3625902" class="xg_sprite xg_sprite-discussion">ERGON PERMITS L SMK WELL, MONROE FIELD, MOREHOUSE PARISH</a></h3>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/ilandman">Skip Peel - Independent Landman</a></p>
<h3 class="dy-protect"><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3622728" class="xg_sprite xg_sprite-discussion">Sentry Energy Serv. LLC</a></h3>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/KyleHubbard">Kyle Hubbard</a></p>
<h3 class="dy-protect"><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3626069" class="xg_sprite xg_sprite-discussion">Lease bonus/terms</a></h3>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/JackHodges">JHH</a></p>
<h3 class="dy-protect"><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3626756" class="xg_sprite xg_sprite-discussion">Shelby County, Eagle Oil & Gas activity</a></h3>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/BReaganMcLemoreIII">B. Reagan McLemore III</a></p>
<h3 class="dy-protect"><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3623634" class="xg_sprite xg_sprite-discussion">2016 NATURAL GAS SETTLEMENT PRICES THROUGH THIRD QUARTER</a></h3>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/ilandman">Skip Peel - Independent Landman</a></p>
<h3 class="dy-protect"><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3627696" class="xg_sprite xg_sprite-discussion">HAYNESVILLE HAS 143 DUCs</a></h3>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/ilandman">Skip Peel - Independent Landman</a></p>
<h3 class="dy-protect"><a href="http://www.gohaynesvilleshale.com/xn/detail/2117179%3ATopic%3A3627090" class="xg_sprite xg_sprite-discussion">Effect Aethon Energy purchase will have on J-W royalty owners</a></h3>
<p class="lb-line-item">Posted by <a href="http://www.gohaynesvilleshale.com/profile/ThomasLTrippe">Thomas L. Trippe</a></p>