"Thanks. Do you see natural gas fairing better than oil as a transition? Peak power units have been added with gas in many areas. I thought at one time we would see more CNG vehicles on the road, and I see some in the trucking industry, but not much…"
Bud's Discussions
Impacts to Oil and Gas by New Adm.
3 Replies
Started this discussion. Last reply by Skip Peel - Mineral Consultant Dec 30, 2020.
SONRIS Data Question
2 Replies
Started this discussion. Last reply by Bud Feb 6, 2020.
Lease rates in Harris County TX
2 Replies
Started this discussion. Last reply by Skip Peel - Mineral Consultant Jul 16, 2019.
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Bud posted a discussionImpacts to Oil and Gas by New Adm.
What are thoughts on impacts to the oil and gas industry by the Biden administration? Biden said he would not ban fracking but we know that climate change initiatives will be a focus. I expect there are other ways to put a big disincentives on the industry through regulations and tax policies that won't be an outright ban. If left to states, I expect some will implement bans. This might leave other states actually in a better position for more drilling.
Bud replied to Skip Peel - Mineral Consultant's discussion Strong Haynesville well economics buoy outlook for drilling, production"I got a pre-application notice of tentative Haynesville well locations for 4 units in Greenwood Waskom Field. Total of 10 new long lateral wells for Ensight. I know this is just the first step, but hopefully some drilling will result with better…"
Bud replied to Skip Peel - Mineral Consultant's discussion The Rapidly Falling Cost of Solar Energy Visualized"A big question with solar, regardless of the installation cost, is availability when it is needed, not just when the sun is shining. When large scale battery storage is more cost effective, that will be the real game changer. I also think we have to…"
Bud replied to Patricia Gayle Nesom's discussion EnSight IV Energy Partners seeking to lease in Desoto"I have royalty interest in two of their wells. We had some issues getting timely royalty payments and some errors in the calculations. But they seem to be managing production of the wells professionly. I would go for a higher royalty % rather than…"
Bud replied to Skip Peel - Mineral Consultant's discussion Haynesville Well Economics: Back of the Envelope Calculations"Using Skip's numbers, what would the unit price of gas need to be to get a good return on drilling?"
Bud replied to Bud's discussion SONRIS Data Question"Thanks. These are wells in the Greenwood Waskom field (Ensight)."
Bud posted a discussionSONRIS Data Question
Comparing my royalty check production data to that reported on SONRIS, the basis for the check production has consistently been right at 1 percent less than SONRIS. What could be the reason for that.
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Bud's Blog
Do you know what the State might do to your unit?
Problems with Big Drilling Units
The Louisiana Department of Conservation has already approved joining some sections near the Texas line to form drilling units for the Haynesville Shale in excess of 900 acres instead of the normal 640 acre units. I understand also that Louisiana law currently limits the size of drilling units to 640 acres, so I do not understand how this change can be implemented without changing the law. Don't think this could only impact those sections on the… Continue
The Louisiana Department of Conservation has already approved joining some sections near the Texas line to form drilling units for the Haynesville Shale in excess of 900 acres instead of the normal 640 acre units. I understand also that Louisiana law currently limits the size of drilling units to 640 acres, so I do not understand how this change can be implemented without changing the law. Don't think this could only impact those sections on the… Continue
Posted on October 22, 2008 at 2:40 — 2 Comments
Comment Wall (3 comments)
- At 5:51 on February 2, 2010, Antsu-in-Japan said…
- Hey Bud...sent you a message in South Caddo Group. Please take a peep when you have time.
- At 10:23 on November 18, 2009,
A.J. Hodges III said… - Thanks Bud, Andy
- At 4:58 on November 17, 2009, A.J. Hodges III said…
- L. Atkins wants to check with Petrohawk. I am having a friend work this angle for me. Nothing back yet. Agurs well production still being kept a secret. Who is your contact with Petrohawk? The figure of 5000 sounds about the going price in the area.
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