Replies to This Discussion

Permalink Reply by Hotdoc on December 3, 2009 at 13:41

Who's doing the leasing for Exxon/Mobil (the landman)? Does anyone know? MK

Permalink Reply by jffree1 on December 3, 2009 at 13:51

Do they need to do any leasing, Hotdoc? They hold acreage all over East Texas...

Permalink Reply by Bill R on December 3, 2009 at 16:18

Question(?)

I just found out that my family owns the mineral rights to some old Mobil oil wells just North of Nacogdoches up in Rusk County (112 acre) ... they were depleted and capped back in mid to late 1960 or early 1970's... does the company (Mobile) retain the mineral leases that they bought back then due to the fact they had these two producing wells for many years? From what I understood, they were both fairly shallow verticles by todays standards, so I assume the Cotton Valley, Bossier, Haynesville, and others(?) can all still be accessed from these sites (or the wells reopened and completed to deeper and horizonal depths). Is any of this feasible and how would you go about finding out anything about it?

Permalink Reply by adubu on December 4, 2009 at 1:42

If the wells have been capped the leases should have expired and are not HBP therefore should be available to lease. Check the leases

Permalink Reply by Bill R on December 6, 2009 at 9:36

Where would someone go to find information on these leases... RRCT or ???

Permalink Reply by j garrett on December 6, 2009 at 12:19

Courthouse of the county the land is in. If in Nacogdoches, go to Texaslandrecords.com

Permalink Reply by Bill R on December 26, 2009 at 9:00

Thank you for the information... has there been any increase in leases in Nacogdoches county yet? We had a couple in Shelby and one in San Augustine extended, but nothing new has come in yet.

Permalink Reply by adubu on December 27, 2009 at 9:23

check the leases means check your leases to see what is said about leases expiring at what point in time all activity is cap and there is no longer production from any wells. Some operators file release for record at county clerks office some do not depending on wording in your lease. If all wells capped your leases should be available to lease and if there is activity in area any landman would know the minerals would be available to lease.

Permalink Reply by Bill R on December 27, 2009 at 9:41

Adubu... thanks, yeah we have have already been contacted about the deeper rights up in Rusk county... One of the major players that the family already has leases with, so I figure we will get a good deal with them and a couple of other tracts up there. I think all of our Nacogdoches acerage is leased now... still have a lot in lower San Augustine (most out of the play) and some in Rusk, Shelby and Panola to go. Still waiting to see what O'brien is going to go with the Little lease wells and what we will get out of them. Appreciate the input on your neck of the woods.

Permalink Reply by jffree1 on December 27, 2009 at 11:40

May be too early to say what is "out of the play" in San Augustine County unless it's down on the Jasper line.

Permalink Reply by JWC on December 27, 2009 at 12:24

Good point jffree1. Bill R what makes you think lower SA County is out of the play? Just curious. Thanks.

Permalink Reply by Bill R on December 27, 2009 at 14:53

We were once told that our holdings H. Williams, J. Shipp, T & D Lindsey down in lower San Augustine county didn't have any real value as they lie outside of the paying shale plays.

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