What do the tests imply? Good Well? Average Well? What does that mean to/for surrounding lease holders? Once the mmcfd numbers are posted how do the royalty holders find out what those numbers mean in terms of income?
If you are looking for the "rumored to be 860 acre unit", you will have to get it from the County Clerk, once the amended unit designation has been filed. It's not available online, as of yesterday, but may be on file in CC Office already.
Thanks jffree1. I was wanting to check the unit out for a friend who thought she might be in the unit. Any idea how long it might take for the ammended unit to be made public? Also, about how long does it take before the DO's are sent out from the time the well is completed? Thanks!
They have to break title down for the entire unit before they can have a clear understanding as to who owns what. Many companies run complete title on the drillsite and run pretty good title, because of high lease bonuses on the rest of the unit. Dry holes cure title problems but that rules for conventional drilling, haven't seen many bad wells in the Haynesville Shale. The companies are trying to get things right, they don't want to pay the wrong person. Areas with high rate of population would take longer than say a mineral owner of a complete unit that title has only transfered 4 or 5 generations through the same family, as long as that family is not some sort of major landowner with thousands of transactions recorded in the courthouse.