"So if prescription was not interrupted on the 55 acres in section 8 the leaseholder would retain the lease but the rights would revert to the surface owner under the 1982 lease terms? Now I’m really confused lol"
"Family had 112 contiguous acres, 57 in section 5 and 55 in section 8. More or less a north south rectangle. We recieved notice the lands in Section 5 have been held by production by a 1982 lease and subsequent Hosston well producing since then.…"
its my understanding that absent a Pugh clause an entire lease is held in force by production on any part of the original leased lands whether they are in the producing unit or not, is this correct? Hunter Co. V Shell Oil?See More
CMK, I would only caution to watch out for the Valence/BP activity in southern Harrison County. There does appear to be some evidence of possible oil production from a formation below the Haynesville Shale. GMX actually plans to deepen 7-8 of their exisiting vertical wells to test out the Norphlet and/or Smackover. It is likely limited in areal extent even if this deeper oil exists.
CMK, you know that trying to discuss anything with fred soon turns into a farce. LOL! I fully understand the impulse to correct his far out ideas but I think he is better ignored. Off to the Gemini Parade. Have a good one. Skip
ETOCO stop leasing in far north Caddo in the fall of '08 after amassing about 10k acres. Then after about an 8 week lull, Devon started leasing in the same sections/townships. This was in Townships 23-21N - 14W. I had gone on to other projects and missed the summer of '09 action in 20N -14W until the Devon pre-app notice letters appeared. Devon has added another 10,00k+ and recorded their last lease on 11/3/09.
You mean we weren't friends already? If I had known that, I would have sent you a friend request. My work has taken me to other corners of the play and I was out of touch with recent activity in north Caddo. I like puzzles and trying to figure out Devon's intentions has been a challenge. You may be correct as to their interest involving CV horizontals in north Caddo.
Checkmateking. I have been following the Missionary Lake North, ETOCO wells for two years. Electrodynamics and I have been discussing them on a regular basis for over a year. I didn't wish to take exception to your comment on the main page discussion regarding "a history of good oil wells" but I have seen only a few that are CV. Less than 4. And a number of dry holes or short term producers. All vertical completions. I do however think that the science generated from the recent wells are the reason behind 2009 leasing activity and Devon's recent unit apps in 20N-14W. I would like to compare notes in the near future at your convenience. In the meantime I suggest that you perform a search of the Caddo Clerk of Court's conveyance records for ETOCO and Devon in north Caddo, if you have not done so already. I have been puzzling over it for some time. Regards, Skip
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