Replies to This Discussion

Permalink Reply by The_Baron on June 8, 2011 at 3:58

I would assume any additional formations would have to be unitized. I would find it hard to believe that any deeper formations would have feildwide units. This is why I think CHK would work to restore production as much as possible to maintain their leasehold.

 

and to Highwayman,

YOu could issue a formal demand letter to CHK requesting that they develop the acreage. They would have a choice of doing so, or issueing a statement of why they will not at this time. If you are lucky they will ignore you. If they refuse, you go to court and request that the deep rights be released, you would have to show that a prudent operator could economicly develop you acreage, which is a hard thing to prove. If you are lucky CHK will ignore you and you can show that they are unwilling to work with you in the interest of developing the minerals.

Permalink Reply by Highwayman on June 16, 2011 at 6:21

Wagner Oil Co. has applied for additional Petit Units in the Black Lake Field.  I don't know if they have purchased the existing leases or have leased additional property.  I've never heard of them.

Permalink Reply by Henry on June 16, 2011 at 7:15

Highwayman,
Where did you see that Wagner Oil applied for these additional Petit Units? I could not find it in the list DNR Hearings.

Permalink Reply by Skip Peel - Mineral Consultant on June 16, 2011 at 6:30

Wagner is listed as the operator of 207 LA. wells of which 27 are status code 10 (producing).

 

Org ID	Name
W137	WAGNER OIL COMPANY

Address Information

Oper Type	Addr1	Addr2	Add Type	City, State Zip	ATTN Name	Contact Name	Phone Num	Phone Type
01	500 COMMERCE STREET	SUITE 600	01	FORT WORTH, TX 76102-0000		SABRINA BONNER	(817)335-2222	OFFICE
							(817)332-3876	FAX-OFFICE
01	500 COMMERCE STREET	SUITE 600	03	FORT WORTH, TX 76102-0000		SABRINA BONNER	(817)335-2222	OFFICE
							(817)332-3876	FAX-OFFICE
01	500 COMMERCE STREET	SUITE 600	05	FORT WORTH, TX 76102-0000		PAM WAGNER	(817)335-2222	OFFICE
							(817)332-3876	FAX-OFFICE
01	500 COMMERCE STREET	SUITE 600	06	FORT WORTH, TX 76102-0000		SABRINA BONNER	(817)335-2222	OFFICE
							(817)332-3876	FAX-OFFICE
01	500 COMMERCE STREET	SUITE 600	09	FORT WORTH, TX 76102-0000	PAM WAGNER	SABRINA BONNER
01	500 COMMERCE STREET	SUITE 600	11	FORT WORTH, TX 76102-0000		SABRINA BONNER	(817)335-2222	OFFICE
							(817)332-3876	FAX-OFFICE
01	500 COMMERCE	SUITE 600	13	FORT WORTH, TX 76102-0000	PAM WAGNER	PAM WAGNER	(817)335-2222	OFFICE
							(817)332-3876	FAX-OFFICE
01	500 COMMERCE	SUITE 500	14	FORT WORTH, TX 76102-0000	PAM WAGNER	PAM WAGNER	(817)335-2222	OFFICE
							(817)332-3876	FAX-OFFICE

Organization Officers

Officer Name	Title
BRYAN WAGNER	PRESIDENT
H. E. PATTERSON	VICE PRESIDENT/SECRETARY
WILLIAM W. LESIKAR	SR. VICE PRESIDENT, TREASURY ASSISTANT SECRETARY

Organization Red Flags

Effective Date	End Date	Warning Status	Warning Description
05/03/2000	05/09/2000	S	FORM R-4 SUSPENDED FOR PRODUCTION AUDIT DISCREPANCIES

Permalink Reply by Highwayman on June 16, 2011 at 7:54

Henry,

I received a letter in the mail today from an attorney representing them.  It may take a day or so to show up in the DNR website.  I'm not sure why it's not there.

Permalink Reply by Skip Peel - Mineral Consultant on June 16, 2011 at 8:23

Henry and Highwayman, the letter received is a "pre-conference notice letter".  They go to all the individuals and business entities on the Interested Party List.  The letter offers a local meeting (conference) to cover the details of the unit application.  If a request is received, the applicant must hold the meeting.  They are held in Shreveport for District 6.  After that meeting or after the required period when no Interested Party has request the meeting, the application will be added to the Commissioner's Public Hearing schedule and it will then appear in the database.

Permalink Reply by Highwayman on June 16, 2011 at 14:59

They are proposing a Pettit unit & a Hosston unit in an odd shape equaling 1,000 acres just outside the limits of the original Pettit unit for the Black Lake Field.  It is a very short distance from where Chesapeake drilled and P&A'd a Pettit well a few years ago in one of their new units close to Saline Lake. 

Permalink Reply by Skip Peel - Mineral Consultant on June 16, 2011 at 15:10

I suggest that you scan and post the plat that is included with the notice letter.  If anyone wishes to contest the application, time is short.  And any mineral owners wishing to oppose the application need to get qualified professional representation ASAP!

Permalink Reply by Henry on June 16, 2011 at 23:40

Skip,

I haven't seen the application.  But can you explain why a mineral owner would want to oppose or contest this? 

Permalink Reply by Skip Peel - Mineral Consultant on June 17, 2011 at 2:10

I haven't seen it either Henry.  There could be many reasons.  From the size and boundaries of the unit to any specifics of the application such as permission to co-mingle production from different zones speaking generally.  In this particular case or discussion there appears to be suspicions concerning maintaining leases which are not producing significant quantities of oil or gas.  If there are no operators or lessees objecting based on development rights that usually leaves land and mineral owners who must base their objections on geological issues.  Obviously that's a tough job as the industry typically has all the geological expertise on their side.  I have yet to be involved in supporting or opposing a unit application however there are O&G attorneys with experience in such.  I suspect it would take a very compelling and straight forward reason for the LOC to deny an application.

Permalink Reply by The_Baron on June 20, 2011 at 10:10

I agree with Skip, without a Geologist and or detailed seismic or other data it would be hard to oppose an application. It is important to realize  that a big unit is not nessarliy a bad thing either.

Permalink Reply by Highwayman on June 21, 2011 at 2:00

Here's the information from Wagner Oil Co.

Attachments:

• Wagner.pdf, 1.7 MB

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