I am a field landman for a small oil and gas company out of Lafayette Louisiana, well needless to say work has been getting extremely slow the last few months. I have been searching for employment but have had no success. It seems as though no one is hiring, but I keep reading of all the activity going on in the Haynesville Shale. Can anyone give me any leads to who in the area may be hiring? I have ample experience including title work, leasing/permiting, pipeline planning, drill site setup,… Continue
Natural gas for August delivery slid 0.5 cent to $3.996 per 1,000 cubic feet during morning trading on Aug. 5.
U.S. crude inventories unexpected fell the week of July 27-Aug 1, a sign demand could be rebounding;
Oil prices slipped to near $71 a barrel Wednesday morning (Aug. 5) amid mixed economic news from the U.S.
Natural Gas Company News:
XTO ENERGY INC (Aug. 5): The company recently reported a lower profit but has raised its… Continue
Added by weatherman on August 5, 2009 at 3:14 —
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Every now and again I get inquiries from shalers - so I thought I'd put these in a blog and see if we can give some insights to these shalers. Please note that I consider the discussion forum to be the best place to seek answers and not me, so don't fill my inbox.
"Murry 31#1 well - Can anyone tell me if this well is pumping?"
"Well 239644, Section 15, Desota Parish - This well is completed in the Holley field. Anyone have any information of wells close by that… Continue
When there is a downturn in the job market, experts advise get more education and to get out and network with people in your industry. An AMERICAN RIGHT OF WAY ASSOCIATES, INC. (ARA) class allows you to do both. They also have a heaping dose of Lagniappe to add, but I’ll get to that a little later.
I attended the AWA Right of Way (ROW) class held January 24, 2009 at the Petroleum Club in Shreveport. I’ve attended many educational seminars for Real Estate, Title and Mortgage. I have… Continue
DO YOU TRUST YOUR LANDMAN ENOUGH TO MARRY HIM/HER?
A mineral lease has a longer life than most marriages. Since this document may be longer lasting than a marriage, why would you enter into it lightly?
Some may look at it with the dreaming eyed impetuous hopes or the same mindset as a teenager who would get married in a Las Vegas drive through Chapel. I’ve heard people say “it’s all free money, so why does it even matter?”. Nothing in life is free, so a little… Continue
I posted this in a disscusion earlier and thought it informative. Please feel free to comment, I will update, add or correct any information as time goes on.
The driving and time aside, I personally believe every landowner should have a copy of the assessors plat for land they own. You can make your trip even more worthwhile by checking to see what they have assesed you for. You can challange your assessment if you feel its too high and many times they will knock a little off just to… Continue
Prescription of non use is the most commonly litigated issue concerning mineral sevitudes.
The mineral code provides that prescription commences from the date when the servitude is created.
According to The Mineral Code, a use of a sevitude suffiecient to interupt prescription consists of good faith operations for the discovery and production of minerals. The code reqires proof of three elements to establish good faith.
This report was prepared for the U.S. Dept. of Energy, Office of Fossil Energy, National Energy Technology Laboratory by the Ground Water Protection Council, Oklahoma City, Ok. with… Continue
Louisiana follows the non-ownership theory of oil and gas, thus there is no seperate mineral estate. Any attempts to sell or reserve the ownership of oil and gas results in a Mineral Servitude.
The most important legal consequence of the mineral servitude is that unlike a mineral estate that can be created in perpetuity with no obligation on the owner to use its rights is that a mineral servitude is subject to perscription of non-use for ten years.
The Energy Department's Energy Information Administration said in its weekly report that crude inventories fell by 1.8 million barrels, or 0.5 percent, to 342.7 million barrels. This value is 16 percent above year-ago levels. During morning energy trading on July 22, crude prices fell $1.02 to $64.59 per barrel on the New York Mercantile Exchange. On July 21, natural gas for August delivery closed at $3.846 per 1,000 cubic feet.
Added by weatherman on July 22, 2009 at 5:44 —
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In a special report on hydraulic fracturing, in the July 6th edition of the Oil and Gas Journal, the authors write that, “the need for communication of accurate information to the public, lawmakers, and regulators is imperative on various drilling-related topics, including hydraulic fracturing, water use and supply, and surface use. [Especially given the] active development of massive US natural gas shale plays in regions of the country….”… Continue
Forest Oil Corp (Denver, CO) said its second horizontal Haynesville Shale well in Red River Parish, La., produced results of 20.3 MMcfe/d in early July. The well cost about $9 million. The company said it holds about 11,050 net acres in Louisiana prospective for the Haynesville Shale and has identified 110 additional potential horizontal locations on this acreage.
On July 13, during energy trading, natural gas for August delivery fell 10.1 cents to $3.272…Continue
Added by weatherman on July 13, 2009 at 6:25 —
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Joe Dyer here, I have been reading all my messages in my box the last few months. To be honest with everyone I have been rather disapointed. We have seen to have lost site of why we started GoHaynesvilleShale. We all need to remember why this site was started, to share information about the Natural Gas situation that we have been blessed with. We need to share our information on everything we learn and find out. I know we all have our differences, but I think we should not use this site to show… Continue
We signed three years ago for pennies. Today I received a letter stating they had extended our contract until 2011. Included was the same amount for bonus as we originally received( pennies). The contract does read that they can extend the contract. However, I thought they had to re negotiate the bonus amount. Thanks for the help. I'm new @ this blog thing so bare with me
Fears over world economic recovery sent crude oil future prices sharply lower on June 22. The price fell a whopping $2.52 to sink to $67.50. Natural gas prices continue to hoover around the $4 level. On June 23, Natural gas for July delivery gained 1.1 cent to $3.94 per 1,000 cubic feet in early morning trading.
In other energy news: Chesapeake Energy Corp. has laid off 50 employees from its corporate office in Oklahoma City. In the U. S., Chesapeake has… Continue
Added by weatherman on June 23, 2009 at 2:32 —
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Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…