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i've been holding back a little bit on this whole xom/xto deal because i have mixed emotions about it. i am in a lease with xto and i can tell you they have been great to work with. i've been waiting to hear how this merger is going to go down, will xto continue to operate as xto/ an xom company? or will they be swallowed up and now i will deal with xom and their land office. i can tell you i would rather deal with a bull than a gorilla.
when i first heard of the buyout, it made my stomach sick. i question xom's motives. it occurs to me, with xom, just having gone into the LNG bizz, there may be a little more to it than meets the eye. i have seen before in bussines, where one company will buy out their competitor because it less expensive than competing. with NG being cheaper and easier to produce in other countries, and LNG inexpensive to ship, why would they want to produce domesticly now??? my point is that if xom were to remove xto's market share and then another major did the same thing with another independent, that could really boost the price they are able to get for their LNG. trust me i hope thats not the way its gonna work out.
kj
I would possibly agree with you, king john, except that XTO is a relatively small portion ot the total shale play in this country. For example, I am not sure what percent of the Haynesville completions in Louisiana are XTO copmpletions, but I can assure you that the number would be very, very small and certainly not enough to affect price I wouldn't think. A quick review on Sonris does not seem to indicate a single publicly available IP on the half dozen or so wells they have drilled or are drilling.
I'm not sure what XTO has done with the Haynesville in Texas, but they have done very little in Louisiana compared to most of the other operators. I'm actually looking at some minerals that were leased to Hunt Petroleum in 2008 in Southern DeSoto, so I guess I might have Exxon as an operator if I acquire them. I'm not sure if that is good or bad. If they operate like Swepi, it is very, very bad.
SB, here is my best guess for East Texas:
Panola Co.
38 permits of which 9 are completions & 2 are drilling now.

Shelby Co.
8 permits with 3 completed

San Augustine Co.
1 permit in bossier and 2 wildcats
They just today filed hearing applications for 8 wells in Bethany-Longstreet, 13/15 and 13/14.
Maybe they are about to get busy...
SB. Considering that well permits do not require applications, I assume you are referencing alternate unit wells.
ShaleGeo and Spring Branch,
A quick tour of sonris shows XTO with only 6 permits issued for Haynesvill wells. Not a major player (yet).
Yes six equals a half dozen or thereabouts. Thanks Henry.
SB,
Oops, I missed your "half dozen" number in the earlier post. My bad.
No prob
Skip, that woild be correct.

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GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…

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Posted by Keith Mauck (Site Publisher) on May 21, 2025 at 6:00

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