Replies to This Discussion

Permalink Reply by Martin on July 17, 2008 at 11:52

Ah! But that is the question.... when to accept an offer? Wait for the second, third, or? if you are a small holder, say less than a quarter of a section (160 acres), the action might just walk away for weeks or months. Activity may not return for years.

I am curious about the level of the leasing activity. From what I've read here and what I'm told by my neighbors with pre-shale leases, one of the major problems is pipe line capacity for southern DeSoto and Sabine parish. If capacity is a major problem, why don't the O&G companies wait to lease land until pipe line capacity will come on line within the life of a three year lease cycle?
Can a company keep a lease if they drill a well and cap it until pipe line capacity becomes available? That can be four to five years... what with the tasks of patching together a right of way, finding a construction company that has an inventory of pipe and current equipment capacity to undertake the actual construction.

So, how long to wait? I have a strong suspicion that there's something here I don't understand.
J. Martin

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Permalink Reply by nisie, not a happy camper landowner on July 17, 2008 at 6:44

I was more meaning for a place to meet I guess. It would take a large venue to hold all of us.

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Permalink Reply by SharonB T18N R15W S8 on July 18, 2008 at 3:26

I am currently representing 7 parties and 41 acres. Not much, but enough to know a large coalition would be a huge logistical nightmare.

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Permalink Reply by Kassi on July 18, 2008 at 18:55

I agree. I am representing 70 households, right at 500 acres total all as a collective bargaining unit. EXHAUSTING! But these are friends, neighbors, etc and will be worth it in the end. While I can see doing multiple smaller groups, I cannot imagine pulling together, administering and keeping together this large a group to collectively bargain as one. At least not without a mountain of Advil!

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