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Ben,
Seismic is very important when it comes to drilling, when they do seismic they can locate where the most oil/gas can be produced from. It prevents dry holes, which is good for every mineral or royalty owner. Global is a very good company that does alot of SPEC shoots which mean their projects are multi client. So whoever your leased to more than likely has something to do with the seismic shoot. Which will help them out on if they should drill on your property of not. I strongly believe in seismic and I understand that they money isn't very much but, you might be able to squeeze another $5 out of them.
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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