Replies to This Discussion

Permalink Reply by JOHN CARRIGAN on December 18, 2011 at 3:14

What are Indigo Minerals? John

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Permalink Reply by JOHN CARRIGAN on December 18, 2011 at 3:57

Well, our "unit well" is with Chesapeake. Maybe Indigo will buy there interests and begin drilling. John

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Permalink Reply by Skip Peel - Mineral Consultant on December 18, 2011 at 4:14

Indigo already owns the development rights to the Cotton Valley through a Joint Venture agreement with Chesapeake.  Your "unit well" is a Haynesville well.  The Cotton Valley is a different drilling and production unit.

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Permalink Reply by JOHN CARRIGAN on January 9, 2012 at 1:06

Morning.  Need some updating if you know.  We just received the standard legal letter informing us of a hearing for a permit to drill.  It is for 4 additional units that will reach into our section.  However the request is for INDIGO DRILLING not Chesapeake.  It also appears as though Indigo is being more aggressive about their play in our area, true?  

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Permalink Reply by Skip Peel - Mineral Consultant on January 9, 2012 at 3:02

Any company holding the development rights may unitize any formation or zone they intend to develop.  Indigo, by way of Chesapeake, holds the development rights from the surface of the earth  to the base of the CV in your area (Chesapeake owns the deep rights). The CV is the best development target in that range and Indigo specializes in CV wells.

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Permalink Reply by JOHN CARRIGAN on January 10, 2012 at 17:13

Now tell me what a CV well is.

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Permalink Reply by Skip Peel - Mineral Consultant on January 11, 2012 at 3:39

CV stands for Cotton Valley which is a formation or zone of rock which is often targeted as a hydrocarbon reservoir in this area of the country.

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Permalink Reply by The_Baron on January 9, 2012 at 9:45

John,

 

Indigo used to have large holdings in your area. Back in the boom they sold their deep rights to CHK and retained the CV on up.

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Permalink Reply by Spring Branch,mineral owner on January 9, 2012 at 9:54

indigo is building a double pad on the Booker Rd to drill 15/15,  Sections 13 & 14, among others.

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Permalink Reply by kittycatmama on January 10, 2012 at 13:49

Some friends of mine in the area of Williams Rd. got a letter yesterday about  units being formed to drill multiple wells in some sections.  I have not seen the letter.

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Permalink Reply by Spring Branch,mineral owner on January 11, 2012 at 4:43

Which Operator was filing for the Units, Chesapeake, Exco Resources, or Indigo?

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Permalink Reply by JOHN CARRIGAN on January 11, 2012 at 6:50

Indigo is on my letter

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