"Just be aware that offers do not always hang around forever. Especially with multi-billion dollar companies. Yes, they want a deal but they can survive and prosper just fine without any one of us. You can get a very nice chunk of change and, to me,…"
"I did one where an operator in one section was allowed to drill into the adjacent section in the shallow portion of the hole to allow them to build angle to perforate the entire section. Since I owned the minerals in both, I was able to agree…"
"People may want to think about this as a "you scratch mine, I'll scratch yours" situation.
You grant the surface access so your neighbor's unit can be perforated over 100% of the length of the lateral on their unit.
Just dropping by to say hello. Have one "shale" of a day. Also, there some new profile questions. Check those out by clicking HERE. We are also coming up on our 10,000th member. Be sure to celebrate with me. Click HERE for more about that.
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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