Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on November 8, 2010 at 13:17

Three wells this calendar year. Two CV completions by Indigo Minerals and a Broyles Reservoir A by Will Drill that is Waiting On State Potential.

Permalink Reply by BirdDawg, plain ole' idiot on November 8, 2010 at 15:22

Figg 7 No.1, 7-18N-3W, recompleted in the upper CV, 4.4 MMCFD, 15 BCD
Wilder 9 No. 1, 9-18N-3W, 5.5 MMCFD, 68 BCD
Hodge Hunt 16 No.1, 16-18N-4W, 5.05 MMCFD, 10 BCD
Rogers 16 No. 1-Alt, 16-18N-4W, 1.7MMCFD, 5 BCD
McDaniel 9 No. 1, 9-18N-4W, 416 MMCFD, 5 BCD

Also, Indigo has recently staked another location in Sec. 12, T18N-R4W, and someone has staked a location in Section 4, T18N-R3W (this would be a north offset to the Wilder well mentioned above). No permits have been issued for these wells yet.

Permalink Reply by BirdDawg, plain ole' idiot on November 8, 2010 at 16:40

Sorry, some of the wells listed above are in the Ruston Field. I include them together because there is no separation between the production in the two fields in this area.

Permalink Reply by Shane on November 9, 2010 at 3:42

Which well is the one with the access road in the curves next to the cemetery in Simsboro?

Permalink Reply by BirdDawg, plain ole' idiot on November 9, 2010 at 4:30

Shane,
Thats the Rogers 16 No.1

Permalink Reply by Shane on November 12, 2010 at 23:25

Thanks for the info. Wonder when it'll start paying. Have yet to see a check...

Permalink Reply by BirdDawg, plain ole' idiot on November 13, 2010 at 6:48

Shane,
That section has been paying for a few months. It has two wells in it, the Rogers and a Hodge Hunt well.

Permalink Reply by arkiegirl on November 9, 2010 at 5:16

The well staked in sec 12 is in my area. They have another well in that sec (la rue ) that I have yet to see any royalities from but I'm unleased so I understand that it takes longer to see any checks from that. I recieved a letter from Indigo planing approx 2-3 wells in sec 12. I'm new at this so I'm trying to learn all I can from ya'll. Any info or updates would be helpful.

Thanks
Arkiegirl

Permalink Reply by BirdDawg, plain ole' idiot on November 9, 2010 at 7:13

Arkiegirl,
Section 12 has been held by production for many years (prior to the LaRue well). You are very lucky if you are unleased.

Permalink Reply by arkiegirl on November 9, 2010 at 8:24

Well I am unleased, a few people have tried to lease or buy my rights in the last few years How long does it take a well (larue) to reach pay out?

Permalink Reply by BirdDawg, plain ole' idiot on November 13, 2010 at 8:04

arkiegirl,
There is no set time frame for a well to payout, in fact some never do.
It looks like the LaRue well has probably recouped approximately 1/2 of its costs.

Permalink Reply by arkiegirl on November 15, 2010 at 4:19

Thank you. Maybe I'll have a little extra next x-mas.