Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on January 28, 2013 at 6:54

Loraine, no one can know the answer without some detail.  Do you have a lease?  If so it will reference the section-township-range which is important location information.  Keep in mind that horizontal wells often have surface locations outside of the section/unit they are producing.

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Permalink Reply by Loraine Guerrero on January 28, 2013 at 10:20

No, I do not have a lease. We own all of the rights on our property not a percentage. I guess I need to look up the section and township range, all I really know is where it was drilled by the street location. I'll try to look up the other. Thanks.

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Permalink Reply by Skip Peel - Mineral Consultant on January 28, 2013 at 10:26

If you do not have a lease you are not due royalties.  You are an Unleased Mineral Interest (UMI) and will receive 100% of your proportional share of production after well pay out subject to continuing lease operating expenses. Use the link in this discussion thread.  UMI Basics by Caliente.

http://www.gohaynesvilleshale.com/forum/topics/im-looking-for-the-t...

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Permalink Reply by Loraine Guerrero on January 28, 2013 at 10:55

Ok thank you, I found out it is in 16 14 10, at least I believe that is right! Thanks again.

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Permalink Reply by Skip Peel - Mineral Consultant on January 28, 2013 at 10:58

Then this is your well:

WELLS

SERIAL	WELL NAME	WELL NUM	ORG ID	FIELD	PARISH	PROD TYPE	SEC	TWN	RGE	EFFECTIVE DATE	API NUM
242522	HA RA SUT;PROVENZA 10-16-14 H	001	C084	2428	09	20	010	16N	14W	09/06/2011	17017350010000

 

PRMT DATE	SPUD DATE	STAT DATE	ST CD
12/15/2010	04/26/2011	09/06/2011	10

WELL SURFACE COORDINATES

Surface Longitude	Surface Latitude	Lambert X	Lambert Y	Ground Elevation	Zone	Datum
0-0-0	0-0-0	1603918	627478	190	N	NAD-27

WELL SURFACE COORDINATES GENERATED BY DNR

UTMX 83	UTMY 83	LONGITUDE 83	LATITUDE 83
426327.1085433	3583424.02127857	-93.78325936	32.38538751

BOTTOM HOLE COORD

EFFECTIVE DATE	END DATE	PLUGBACK TOTAL DEPTH	TRUE VERTICAL DEPTH	MEASURED DEPTH	LAT DEG	LAT MIN	LAT SEC	LONG DEG	LONG MIN	LONG SEC	COORDINATE SOURCE	LAMBERT X	LAMBERT Y	ZONE	COORDINATE SYSTEM
12/15/2010	06/09/2011		11450	17800	0	0	0	0	0	0	02	1603854	631937	N	01
06/10/2011	09/05/2011		11410	16079	0	0	0	0	0	0	02	2884640	692646	N	02
09/06/2011		15984	11410	16079	0	0	0	0	0	0	02	2884640	692646	N	02

WELL HISTORY

SERIAL	WELL NAME	WELL NUM	ORG ID	FIELD	ST CD	PT	WELL CLASS	EFF DATE	END DATE	STAT DATE
242522	HA RA SUT;PROVENZA 10-16-14 H	001	C084	2428	10	20		09/06/2011		09/06/2011
242522	HA RA SUT;PROVENZA 10-16-14 H	001	C084	2428	01	00		12/15/2010	09/05/2011	12/15/2010

SCOUT INFO

REPORT DATE	WELL STATUS	MEASURED DEPTH	TRUE VERT DEPTH	DETAIL
10/04/2011	10	16079		COMPLETED 9-6-11; GAS; HAYNESVILLE RA; 13,901 MCFD; 22/64 CHOKE; 453 BWD; 6134# FP; 1982# CP; PERFS 11,534-15,979' MD
09/12/2011	08	16079		WELL POTENTIALED
06/16/2011	09	16079		WAITING ON COMPLETION
06/07/2011	09	16079		SET 5 1/2 TO 16,078' W/ 660 SX
06/03/2011	09	16079		TD 6-3-11; BOP TEST 5-26-11
05/23/2011	05	10527		DRILLING LATERAL
05/17/2011	05	10905		SET 7 5/8 TO 10,905' W/ 1010 SX
05/11/2011	05	10149		DRILLING
05/02/2011	05	4100		DRILLING; BOP TEST 5-1-11
04/29/2011	05	1855		SPUD 4-26-11; SET 10 3/4 TO 1855' W/ 770 SX
12/15/2010	01	17800		584' FSL & 848' FEL OF SEC 10. PBHL: 250' FNL & 990' FEL OF SEC 10.

PERFORATIONS

SERIAL NUM	COMPLETION DATE	UPPER PERF	LOWER PERF	SANDS	RESERVOIR
242522	09/06/2011	11534	11979	HA	RA

WELL TESTS

RPT TYP	TEST DATE	RPT DATE	OIL POT	COND	GAS DEL	WATER	BSW%	FLOW PRES	SHUTIN PRES	CHOKE	UPPER PERF	LOWER PERF	BOT HOLE PRES
DT-1	08/17/2012	11/01/2012		0	2274	28		35	0	80	11534	15979
DT-1	03/01/2012	05/01/2012		0	4215	62		39	0	80	11534	15979
DT-1	09/28/2011	11/01/2011			10092	200		771		80	11534	15979
SDM2G	09/08/2011	09/08/2011			13901	453		6134		22	11534	15979

WELL ALLOWABLES

EFFECTIVE DATE	END DATE	LUW CODE	LUW TYPE CODE	ALLOWABLE	ESTIMATED POTENTIAL	CURRENT ALLOWABLE TYPE
01/01/2013	06/30/2013	617076	2	2274	2274	3
07/01/2012	12/31/2012	617076	2	4215	4215	3
07/01/2012	12/31/2012	617076	2	0	0	3
01/01/2012	06/30/2012	617076	2	10092	10092	3
01/01/2012	06/30/2012	617076	2	13901	13901	3
09/06/2011	12/31/2011	617076	2	13901	13901	3

LEASE\UNIT\WELL PRODUCTION

RPT DATE	LUW CODE	STORAGE FAC	DOC USE	WELL CNT	OPENING STK	OIL PROD(BBL)	GAS PROD(MCF)	DISPOSITION	CLOSING STK	PARISH
10/01/2012	617076			1	0	0	57768	0	0	CADDO
09/01/2012	617076			1	0	0	60475	0	0	CADDO
08/01/2012	617076			1	0	0	68512	0	0	CADDO
07/01/2012	617076			1	0	0	74288	0	0	CADDO
06/01/2012	617076			1	0	0	79525	0	0	CADDO
05/01/2012	617076			1	0	0	90738	0	0	CADDO
04/01/2012	617076			1	0	0	99230	0	0	CADDO
03/01/2012	617076			1	0	0	117237	0	0	CADDO
02/01/2012	617076			1	0	0	128571	0	0	CADDO
01/01/2012	617076			1	0	0	164807	0	0	CADDO
12/01/2011	617076			1	0	0	156524	0	0	CADDO
11/01/2011	617076			1	0	0	205260	0	0	CADDO
10/01/2011	617076			1	0	0	280879	0	0	CADDO
09/01/2011	617076			1	0	0	233815	0	0	CADDO

 

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Permalink Reply by Loraine Guerrero on January 28, 2013 at 11:21

I'm not real sure what any of that means, a friend of mine just told me I should go on this site and try to get some info. Thanks

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Permalink Reply by Skip Peel - Mineral Consultant on January 28, 2013 at 11:34

The important information is as follows:

The well is by Chesapeake and is Serial Number 242522.  Contact Chesapeake and get directions on how to receive periodic updates on the well pay out.  They may want you to provide some documentation of your ownership of the minerals.  You shouldn't just assume that you own the minerals, you should review your deed or other conveyance document by which you received your ownership to make sure that the minerals were not reserved by a previous owner.

Chesapeake Contact Center

1-877-245-1427

8-5 Central time M-F

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Permalink Reply by JM "Jake" Jacobs on January 31, 2013 at 11:15

Skip, What's your source for all that info?  State?

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Permalink Reply by Skip Peel - Mineral Consultant on January 31, 2013 at 11:25

Yes.  The state O&G database, SONRIS, is quite user friendly.  There are tutorials on how to search the database in the group, SONRIS Help Center.

http://www.gohaynesvilleshale.com/group/sonris_help_center

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Permalink Reply by JM "Jake" Jacobs on January 31, 2013 at 12:49

Ignored the obvious again.  Thanx!

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Permalink Reply by Dion Warr, CPL on January 31, 2013 at 12:22

Lorraine:

1.8 BCF in 13 months.  Hmmm....

To borrow from Magic 8-Ball: Reply hazy, Try again.

 

Based upon currently accepted models, the EUR works out to be approx. 4 - 5.5 BCF.  Given CHK current prices paid (through marketing with CEMI), it would appear that you will not see proceeds until much later, if at all.  However, if prices were to rise above, say, $5.50 - 6/mcf, within a couple of years, your outlook should improve within a couple of years of that, provided that there are no mechanical problems, etc.

 

I would not count on anything soon, however.

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Permalink Reply by Greedy Landowner on February 1, 2013 at 12:40

It is imperative that you send them a certified letter stating that you own the mineral interest.  As the mineral owner this is your responsibility.  They will not look for you and legally they aren't required to.  From my experience with them, they will follow the mineral code to the letter.  They do so because they are going to gouge you anyway by underselling your gas to themselves (CEMI) and overcharging you for "gathering".  They charge as much as 33% for "gathering".  Once you have notified them they will send you a statement of well costs and proceeds to date.  You will continue to get that statement quarterly until the well pays out.  Then you will get paid.  You will get a better idea of how long until payout based upon the costs of drilling, which will vary from well to well.  Good luck and let us know how it goes.

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