"supercomputers are power hogs, and there is a nation-wide effort underway for COVID-16 research that is utilizing super-computing systems. I doubt that any of those centers are too worried about power costs, but this is a fine gesture…"
"Skip: I think I heard Harold Hamm of Continental Oil say on one of the business channels that if oil reaches a certain price per barrel it would be illegal to import. I think he said $30 or maybe $35 per barrel. is that…"
"Nice assessment. Do you really think Comstock will buy Chesapeake... with all of the legal burdens still to be resolved. Does Comstock have that kind of money and survive such low natural gas prices? I suppose that's why I'm…"
"So where do producers/developers/drillers go from here? Stop drilling... reduce output from productive wells. How about pipeline companies spending millions to increase capacity to transport more product? How will this affect…"
"I like reading all of these articles. and responses. sometimes I learn from the very things that are disagreeable... or at least I think about things I have not seen...considered or thought of. as with life... and our…"
JHH, Lumberjack showed up on GHS sometime back. If you use the key word, Lumberjack, and use the search box that appears to the right of My Page in the task bar below the GHS logo on any page, you can pull up those old discussions. There was some pretty antagonistic back and forth but I stand by what I posted then. Lumberjack Energy is registered as operator with the State of Louisiana, I don't know about Texas, however after all this time the company has zero wells in LA. I think this guy is simply looking to flip leases. That's not illegal but I would be very careful concerning the depths I would consider leasing to him. I would never grant an "all depths" lease to someone like this.
JHH. Just to help you understand what is going on with the city minerals and the value they command. Consider the following: Companies have been actively leasing residential and commercial properties within the city limits of Shreveport for eighteen months. That investment is worth more when they have the city properties that help make the leasehold more contiguous. And gives the winning bidder an advantage over those competitors holding urban leases. I believe the winning bidder considers the price paid to be quite reasonable. And it is 478 acres. Although landowners tend toward the opinion that on a per acre basis, one acre is as valuable as 100 in the same general location. The operators don't think, or do business, that way.
Welcome to GoHaynesvilleShale.com! I hope the site is a place for 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. We now have over 10,000 members. Be sure to peruse the site.
To give you a feel for current discussions, go HERE. Also be sure to follow details on the site HERE. Have fun SHALING!
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