"I have no plans to accept the initial offer, and have consulted with an OG atty who has added several addendums to their initial proposal. I have also been advised that TXO typically offers much less than other companies in the area, so I am being…"
"yes, I have already decided not to accept the initial offer. I have been speaking with an OG attorney and have a page of addendums to be added to the contract when I counter offer. Also, shopping my rights to other companies in the area. Everyone I…"
I'm not involved in leasing, nor do I know current offers in the area. However, IMHO, the term is too long for such a low royalty and bonus payment. If they will give a depth clause (say, nothing below 4000') I might be…"
"New permit application in today - if interested, please discuss on the Region 3 oil and gas board.
temple industries #2 is permitted to 3000 feet, immediately adjacent to the shell well. Operator is listed as OGP Trinity LLC"
" Can you go to the RRC site and find out if they now control the pipeline and gathering system also ? ----------- Why would a big company like Kinder Morgan be taking on a single 1.4 mmcfd well that is off the "beaten trail"…"
To my knowledge, on speculative wells like this, no one ever constructs the gas processing plant or pipeline prior to the well test. Possibly makes some plans, but you won't know the gas composition and the design parameters of the…"
"It does dbob...All the leases including mine will expire in August of 2012. I have 100 acres located 7 miles SE of Forestar#1. I guess now its a waiting game to see if Leor wants to explore around me. If not, I hope someone else does! Thank you so…"
"I think the gas processing plant that appears to be going up on site is good news - it suggests Leor might be active in the area. The pressure is excellent, but the decline between static pressure and flowing pressure suggests they need to…"
Hello! I hope the site is a place for you to learn, network and contribute. My name is Keith and I started the site in June of 2008 to open up lines of communication between landowners. Since then, we have grown to over 13,000 members.
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As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More