Replies to This Discussion

Permalink Reply by treeman on November 16, 2009 at 3:37

What section, township,and range in Claiborne Parish is this located?

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landownerPermalink Reply by zzblues on November 17, 2009 at 2:34

Located S5,T21,R7

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landownerPermalink Reply by Mac Davis on November 16, 2009 at 9:10

I've been meaning to write up or find something about lease terms, but haven't had the time to do it right. I want to be sure to word it right.

A good O&G attorney is probably going to be a piddling percentage of the potential payment or problems if you have more than an acre or two, or if the bonus offer is large.

Has any small landowner here had a good attorney review a lease and recommend terms to reject? Can you tell us what you had to pay the attorney?

Be sure to consider what you're doing. In theory, going unleased doesn't mean you get NO money, just that the risks and payments are different. Also, realize if you push for too much on terms and prices, you may lose your bonus payment, or not get drilled at all if you hold a large enough percentage of the section.

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landownerPermalink Reply by Mac Davis on November 20, 2009 at 7:24

D. Garr's link above is pretty good on lease terms.

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landownerPermalink Reply by Spring Branch,mineral owner on November 16, 2009 at 3:41

1/8 royalties have been a thing of the past for many more than 10 years for anyone who took the time to do a little research and ask a few questions, or, more appropriately, spent a little money to get an oil and gas attorney to help them.

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Oil & Gas ProPermalink Reply by The_Baron on November 20, 2009 at 8:36

Only place I have seen an 1/8 on any lease from the last 20 years is on Federal lands.

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landownerPermalink Reply by Jack B2 on November 16, 2009 at 4:45

Dawson Geophysical is doing an extensive seismic survey in the southern tier of Claiborne Parish in T19N, R7 and R8 West. This is a lot of money being spent just on speculation of shallow production. There is somethig there that they are looking at or would have done packed up and gone back home some time back. Of what I have seen to date, the presence of possible production would be the only thing to warrant an investment of this magnitude, IMO, and from what I have read in past threads of what it cost per acre for 3-D sesmic, it is not the Vaugn sand in the Cotton Valley they are looking at and it may not be in the entire parish of Claiborne, but my guess is it in some of it along with Webster.

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landownerPermalink Reply by Mac Davis on November 20, 2009 at 7:52

Hmmmm....

If there's such a rig shortage getting the main Haynesville shale area drilled, why would someone be leasing in Claiborne parish if there's not "something going on" there?

Is it possible that there's a major deposit there that the public hasn't found out about yet?

Are there any geologists here who can comment if the geography there is such that there can't be some big new gas find?

Or is there something more "mundane" in Claiborne parish that can be drilled by wells that aren't "Haynesville" capable?

I did a little research on SONRIS.

Look at this well. http://sonlite.dnr.state.la.us/sundown/cart_prod/cart_con_wellinfo2...

It's a vertical well, 9000' deep. Flow rate up to 17000 MCF per month. Drilled in 2007. This sounds somewhat comparable to some vertical wells in the main Haynesville Shale area.

This well was drilled in your section in 2008, but had "hole problems" and was abandoned.
http://sonlite.dnr.state.la.us/sundown/cart_prod/cart_con_wellinfo2...


I'd be highly suspicious that something is going on here, if I were you.

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landownerPermalink Reply by Checkmateking on November 20, 2009 at 7:55

Stop with the conspiracy theories, they are useless. The well you referenced is a pretty good Cotton Valley well, nothing more, nothing less. But you can't draw any comparisons on bonus leasing being that these wells are very lenticular.

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landownerPermalink Reply by Mac Davis on November 20, 2009 at 8:18

What would you have said about the leasing conspiracy theories in 2007?

What does "lenticular" mean in this context?

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landownerPermalink Reply by Mac Davis on November 20, 2009 at 8:43

i.e. "Lenticular" implies a low degree of correlation between production results between nearby wells.

Thanks.

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landownerPermalink Reply by Jack B2 on November 20, 2009 at 9:03

Electro, does this hold true for source rock, such as the haynesville, as well. I am familar with the cotton valley wells on the Sample property, remenber when they were drilled back in the 80's. The cotton valley would produce for a few months and would then play out. Now several of the best production in the haynesville comes from the area, with the Sample, Harris and Young wells. If I remember Gulf even had a couple of dry holes in the area at one time, but now there are no dry holes in the area, no matter where they stick a drill bit.

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