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Royalty Payments?

If a gas lease does not specify how soon royalty payments will start after production, does an O&G company have a time limit in which to make the first payment? (This is in Caddo Parish, La.)

Added by E.D. Barnett on February 23, 2009 at 14:21 — 2 Comments

What Happens After Seismic Testing

A crew has been conducting Seismic testing on our family land north of Spring Ridge as well as on neighbor's land. Does this mean that they are close to putting a well in? if so, does anyone know how long it takes from the seismic testing phase to well drilling?

Added by JeffNParis on February 22, 2009 at 9:57 — 2 Comments

Officials Suggest Gas Drilling Technique is Safe, Then Acknowledge Lack of Evidence

NY State Admits Ignoring Threat to City’s Drinking Water



Well Duh! Like I said: If hydraulic fracturing is so damn safe, why does Big Oil need exemptions?

In two documents released last October and earlier this month, the Department of Environmental Conservation declared that it “does not…find a significant environmental impact…
Continue

Added by TXsharon on February 20, 2009 at 13:50 — 11 Comments

2009 Economic Stimulus Package and Your Taxes

Here is an overview of what the new Economic Stimulus package is going to mean to your taxes. Please remember that there are a lot of specifics that haven't been announced yet, so these are mostly generalizations.

1. Nothing that I have been able to locate yet that will directly impact HS money, like tax breaks for that type of income.

2. People on unemployment will receive an extra $25 a week, a longer time to draw benefits, and the first $2400 will be tax exempt on their federal… Continue

Added by Kathy Morgan on February 20, 2009 at 11:02 — 4 Comments

Repost Caddo Resources

Caddo Resources

Does anyone know the differences between Caddo Resources LLC, Caddo Resources GP, Caddo Resources LP and Caddo Resources Inc? I know that Richard McFarland was President of one and Rex Corey Jr is President of several others. Is there a connection between all of them? Caddo Resources LP (Rex Corey Jr) sold Goodrich Petrolem land for 32 million dollars. Has anyone had any dealings with either Richard McFarland or Rex Corey Jr? What about Delta Interest Inc out of Marshall,… Continue

Added by Oil Girl on February 20, 2009 at 8:42 — 1 Comment

2/20/2009 Update

2/20/2009



Shalers,



It’s fun being on the back end of this site and observing your activity. I posted a discussion today listing the top ten groups in terms of how busy they are. I think there are some surprises in the list. See the list here http://www.gohaynesvilleshale.com/forum/topics/busiest-groups-on-the-site



I have been trying to add some tools to maximize the site’s usefulness. I have added a box, front and center and just below the main picture, which… Continue

Added by Keith Mauck (Site Publisher) on February 19, 2009 at 22:30 — 1 Comment

Black history month, “what’s that have to do with me?”

I never paid a lot of attention to black history month and have even fallen pray to the “why isn’t there a white history month” mentality.



I’m not old enough to have lived the atrocities that existed in the past. I have to admit that even though I felt sympathy at the types of things that I read about, I didn’t really “feel the pain” in a gut wrenching manner. It was something that I understood was horrendous but it was mostly all before my time. It was inexcusable but it didn’t… Continue

Added by Bobi Carr ("parker") on February 19, 2009 at 19:30 — 9 Comments

HS well in 18 N 16 W

watch sec 5 18 N 16 W we'll soon know!

Added by george haddad on February 18, 2009 at 15:04 — No Comments

Fleming Holds First Energy Roundtable Discussion

FROM THE OFFICE OF CONGRESSMAN FLEMING

FOR IMMEDIATE RELEASE

February 17, 2009



Contact: Amy Jones

Communications Director

202.225.2777 or amyejones@mail.house.gov



Fleming Holds First Energy Roundtable Discussion





Shreveport, LA – Congressman John Fleming held a roundtable discussion today with energy leaders from the 4th Congressional District to discuss the future needs of the industry and ways to maximize the potential of the… Continue

Added by Keith Mauck (Site Publisher) on February 18, 2009 at 7:30 — No Comments

Nothing to do with oil or gas..just need to vent

A friend of mine died yesterday. She was only 42 years old. She did not have cancer or some other horrible disease. She was not in an accident. She was shot to death by the man who claimed to love her. She left him last Friday. He called her yesterday and asked her to come to his apartment. Unfortunately she went. He was waiting there with a shot gun. He shot her twice as she tried to escape then turned the gun on himself. He left behind 2 children to wonder why he would kill and commit… Continue

Added by Kassi on February 17, 2009 at 14:49 — 15 Comments

Social Security Retirement Planning

I recently learned that many people approaching retirement did not know all of the options available to them in terms of receiving their Social Security Retirement benefits. With so many baby boomers approaching retirement, the following information may assist in making the correct decision for their retirement.

Option 1 - Retirement at full retirement age - You can retire sith full benefits at your full retirement age. Initially, this was 65 years old but now varies from 65 years to 67… Continue

Added by Joe Baird on February 16, 2009 at 6:14 — 3 Comments

Caddo Resources

Does anyone know the differences between Caddo Resources LLC, Caddo Resources GP, Caddo Resources LP and Caddo Resources Inc? I know that Richard McFarland was President of one and Rex Corey Jr is President of several others. Is there a connection between all of them? Caddo Resources LP (Rex Corey Jr) sold Goodrich Petrolem land for 32 million dollars. Has anyone had any dealings with either Richard McFarland or Rex Corey Jr?

Thank you!
Cindy

Added by Oil Girl on February 15, 2009 at 17:07 — 4 Comments

Saltwater disposal well

I am trying to find out how much to ask for when negotiating a salt water disposal well on my property. The negotiation is on a price per barrel basis. What should I ask for?

Added by Ker on February 12, 2009 at 19:49 — 2 Comments

Does Anyone Know of Any CAT 583 and CAT 594 Pipe Layers For Sale?

I am not the best blogger so I hope this is okay to ask. I have a customer looking for 5-583's and 6-594's to buy. Also need a 42" bending machine. I figure since a lot of you are actively in the field, you may be able to point me in the right direction. THANKS!!!

Added by Deborah Durst West on February 12, 2009 at 12:39 — 2 Comments

property owner's son

Hello,

I am new to the sight and the gas industry. I am trying to find out some information to assist my 82 year old mom. She gets her royalty checks that shows the money is for gas drawn from the James Lime Formation. How or does it relate to the Haynesville Shale? How big is the James Lime formation? Her property is located near the center of and most northern San Augustine county.
Thanks for your information,
Brodie Riner, Jr.

Added by Brodie Riner, Jr. on February 12, 2009 at 8:42 — 1 Comment

State of the Industry, As Seen at NAPE (From an Observer's Perspective)

Many of you have looked to various indicators and bellwethers as to the general health of the industry as a whole, and in particular, how same will apply to the Haynesville Shale for the coming year. From those of us "in the business", many of us look to the turnout, prospects, and outlook gleaned at NAPE (formerly the North American Prospect Expo) as a significant bellwether as to the general state of the business in the coming year.



A little background:



NAPE began in… Continue

Added by Dion Warr, CPL on February 9, 2009 at 4:00 — 7 Comments

Barnett Shale Drilling Rig Video

http://tinyurl.com/dye3lw

Added by TXsharon on February 6, 2009 at 10:30 — No Comments

Our Discussion on Natural Gas with Tom Fowler (Business/Energy Reporter, Houston Chronicle)

Here is the trascript of our discussion with Tom Fowler. Again, I want to thank Tom and I want to thank you for participating and asking some good questions. The discussion was great and I am eager to have more of these.



Tom Fowler is a business reporter for the Houston Chronicle covering various aspects of the energy business, including pipelines, electric power and energy trading. He previously covered technology for the Chronicle and for the Austin Business Journal. He has a… Continue

Added by Keith Mauck (Site Publisher) on February 5, 2009 at 6:30 — 2 Comments

3/16 or 18.75

What is the difference between 3/16 and 18.75 when performing a calculation estimate the royalties one would recieve?

Added by James Adams on February 4, 2009 at 16:11 — 1 Comment

February 2009 Energy Markets

Feb. 26: Chesapeake Energy announces plan to reorganize its Eastern Division operation in Charleston, West Virginia ... to reorganize its Charleston, West Virginia-based Eastern Division from a regional corporate headquarters to a regional field office. As a result, Chesapeake will consolidate the management of its Eastern Division land, legal, accounting, information technology, geoscience and engineering departments into the company's corporate offices in Oklahoma City. Field… Continue

Added by weatherman on February 4, 2009 at 10:30 — No Comments

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