Replies to This Discussion

Permalink Reply by jffree1 on March 6, 2011 at 12:23

Martha, first production for the Gobi #1H was reported in December so you should be receiving Division Orders by the end of April if there are no title problems. 

The well was a Bossier completion, if I remember correctly.  Each well has an "Initial Potential" test which is used by the state to set the well allowable.  So, the numbers after the well name mean that during the IP test, the well produced an average of 11.973 million cubic feet of gas in a 24 hr. period, on a 16/64 choke with a 9,521 lb. flowing pressure.   It's a good well with great pressures on a fairly restricted choke. 

 

Their web site (http://www.crimsonexploration.com/default.asp?id=1) is not very helpful... they don't have a page for royalty interest owners. 

Here are the address and contact numbers found on their main page:

717 Texas Ave., Suite 2900  |  Houston, Texas 77002  |  Office: 713.236.7400  |  Main Fax: 713.236.4424  |  Land Dept. Fax: 713.236.4411

Permalink Reply by Martha McWhiney on March 6, 2011 at 14:26

Thank You so much for the information, it did help me understand somewhat.

Permalink Reply by Lisa on March 7, 2011 at 3:19

I hope we see something before April, I have been led to believe that D.O. was already being worked on and that we should be seeing something soon. I have come to the conclusion that noone knows and that when this stuff gets tied up with attorneys all we can do is HURRY UP AND WAIT. Patience is a virtue, one I have never had much of but am being taught painfully!!! All of this is a unexpected gift that my grandmother left me so I am trying not to let the greed bug get me. Martha I hope this all comes through soon for you, it sound like you have been through alot. Hang in there it is coming!!

Permalink Reply by jffree1 on March 7, 2011 at 4:51

Lisa, I repeat this every chance I get.  Oil & Gas leasing goes relatively fast because they are in a hurry to lock up land.  Everything after that goes exponentially slower than watching paint dry.  It is painfully tedious to watch and wait for payout from mineral production.  The best advice I can give... keep an eye open for new information but go on with life as usual.  You can't let this stuff turn your world upside down. 

If the DO doesn't arrive within the prescribed 120 days then there are steps a proactive mineral owner might want to at least look into but that is a lawyer topic.

Permalink Reply by Lisa on March 7, 2011 at 4:57

Thanks jffree1, you have been very helpful in so many posts of yours I read. This is my first lease so I am learning as I go. I have some more out there so this is going to help me understand and be more patient with those. This is all so crazy it is hard to digest sometimes!!

Permalink Reply by Martha McWhiney on March 7, 2011 at 8:25

Lisa, thank you too for your advice and understanding too. Lisa, who was your grandmother , and do you think that we are related? Mine comes from my great grandparents, .down to my grandmother on my mothers side, then down to my mother, then down to me.

Permalink Reply by Alabama Fan on March 7, 2011 at 9:39

Lisa, I just got my division order from crimson, on the gobi well, in the mail.  We should get paid very soon!! 

Permalink Reply by Alabama Fan on March 12, 2011 at 7:27

Does anyone have a picture of the Gobi well?  I would really like to see one.

Permalink Reply by jffree1 on March 12, 2011 at 8:51

There are some rig pictures on the Black Stone A-43 #1 discussion in this group.

 

http://www.gohaynesvilleshale.com/forum/topics/new-encana-well-perm...

Permalink Reply by Alabama Fan on March 13, 2011 at 10:43

Thanks, jffree.