You can find the current status of all XTO-Haynesville Shale wells in this discussion:
http://www.gohaynesvilleshale.com/group/shelbycounty/forum/topics/x...
XTO reported first production for Fightin' Illini in January, 2011 and for Buckeyes it was March. Maybe someone will chime in if they have received Division Orders for either well.
I looked at the link but don't have any idea what it means. I have been contacted by an energy company asking to sign a lease on the mineral rights. It is just a small inherited interest that was never divided among the heirs. They are trying to find the rest of the family to also sign leases, but they say the well has been producing since last year. It looks like they aren't going to send paperwork until they find everyone....and there's a lot of everyones that don't know each other.
The well is not actually on our family property, but is somehow included in a larger unit that is pooled together.
I'm not sure what to expect.
Can anyone tell me what I might expect to gain from signing a mineral rights lease? Is there a going rate for signing bonus? lease per acre?
Where is your property located and who is the company contacting you? Thanks...Laurie
All I know is Shelby county. Never been up there. XTO contacted me.
Ima if you use the search bar at the top right corner of the screen for gohaynesvilleshale.com and enter "buckeyes" you will find information like the following that was posted when XTO announced its intent to drill those wells. This tells us which surveys those two wells are in.
>>
XTO Energy Inc. will drill the Fightin’ Illini DU Well No.1H and the Buckeyes DU Well No.1H in the Carthage (Haynesville Shale) Field. The Fightin’ Illini DU Well No.1H will bottom at 18,700-feet 10.7 miles south from Center in the Hennis, J J Jr. Survey, A-309. The Buckeyes DU Well No.1H will bottom at 19,000-feet nine miles southwest from Shelbyville in the Rusk CSL Survey, A-591
Also, the link jffree1 provides in the message above gives us the following information:
>>
419-31555 Fightin’ Illini DU #1H 260785
IP- 6.347 MMcfd, 17/64, 6600# FP
419-31556 Buckeyes DU #1H 260673
IP- 6.122 MMcfd, 19/64, 5400# FP
This tells us the API numbers (419 means Shelby and 31555 and 31556 are well numbers) for the two wells which makes it very "easy" to look up information about the wells and the landowners for each drilling unit on the Texas Railroad Commission website. (There are instructions for using the Texas RRC http://www.gohaynesvilleshale.com/group/trrchelpcenter which jffree1 was kind enough to set up)
Note also that Shelby County Records are free online. I did a quick search there on XTO and the JJ Hennis survey for oil and gas leases and started coming up with a lot of names and addresses for folks who have signed leases there with XTO in the last couple of years. Do you know anyone up in Shelby County near your property?
I know that the learning curve is pretty steep given where you seem to be starting from right now. If you can connect with a family friend or trusted agent who can answer your questions, obviously that would be ideal. Other folks on the board may chime in when they notice your questions and have something to offer. I tried to get on the Texas RRC site a minute ago to look up more information about the units those wells are in, but it was having a problem. If I see anything there that might be helpful I will pass it along.
LL, the RRC website normally performs "maintenance" on Sunday afternoons. It will be back up around 4-5 PM, typically.
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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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