I live off Benton Road, North of I220 and just across the tracks toward the River levy. Residents along Rebouche Road have been known to sign leases for $5,000 per acre/.25%/3yr/2yr opt. This was last week. I was offered the same and I needed to "think about it." I am aware of signings off Airline Drive north of 220 for $11,000 per acre with a well site just south of "The Reserve" across from entrance to Lakewood. Are there any other offers in this area?
VSP, I live about the same distance north of I220, but off Benton Rd. I leased mine 2 1/2 yrs ago. They plan to drill for Cotton Valley gas. I'm wondering if Haynesville Shale extends that far. No drilling or production yet in my area (section 19), same T19N R13W as you. I've read that churches along Airline have leased up about as far as Brownlee Rd and along Benton Rd to near Rebouche Rd.