Companies who sublet/subcontract from major operators

Are the smaller operating companies that subcontract/sublet/sublease from bigger major companies??

If an operator has a 640 acre unit, can he allow other companies to come in and set up within that unit?

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Permalink Reply by Krkyoldhag on May 30, 2012 at 9:24

Samson has Devon do their operations ..is that the same thing you talking about?

Permalink Reply by Skip Peel - Mineral Consultant on May 30, 2012 at 12:03

Samson Contour is a Working Interest in the wells of many operators, not just Devon.  They take some leases, form some units but rarely actually drill a well themselves.

Permalink Reply by Ken Boone on May 30, 2012 at 9:55

I'm not sure. I heard someone say PINNACLE OPERATING CO is a subcontractor for CHK. Not sure what that means.

Permalink Reply by Skip Peel - Mineral Consultant on May 30, 2012 at 12:05

Pinnacle Operating is a small, private O&G company.  Not a subcontractor.  Their connection to CHK is probably that they assigned the deep rights to their existing HBP leasehold for Haynesville/Bossier development.

Permalink Reply by Bobi Carr ("parker") on May 31, 2012 at 16:34

Or that CHK assigned their shallow rights to Pinnacle.

ECA and HK assigned some of their shallow rights to Sklar.

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