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That unit is about 680 acres or so, with 28 tracts of varying sizes, from as little as 0.23 acres to over 174 acres (owned by the US of A). How many mineral acres does your family hold in the unit?
I wonder what the fed gov got for our 174 acres? Bet puddiney got a better deal.
Why would you think race played a part in the deal you made with XTO?
He might want to check out the calculator here:
One more comment - I'm pretty sure that well and completion cost well in excess of $10 million - I doubt anyone has seen payout who went unleased.
Jay, why do you think this post doesn't sit well with you?
The History of GoHaynesvilleShale.com
GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…
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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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