landowner

A. Spears A-43 Folks Keydet unit

A.SPEARS A-43 KEYDETS UNIT
IT'S ON! SPUD DATE SET FOR 04/25 and 6/24!!! YAYEE!!!

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landownerPermalink Reply by Spring Branch,mineral owner on March 30, 2015 at 8:05

Did JFREE1 get scooped on this one!!!  Where did you get your info, TF?

Permalink Reply by jffree1 on March 30, 2015 at 8:10

There is no permit. Maybe the Magic 8 Ball (or a little birdie) told Tootie something we are not privy to.


landownerPermalink Reply by Spring Branch,mineral owner on March 30, 2015 at 10:19

Those have to be "scheduled" dates from someone in the "field"!


landownerPermalink Reply by Tootie Fruitie on March 30, 2015 at 14:04
A little birdie did tell me. Probably because my lease was ending before the spud date. Pre permit, held by production!
Permalink Reply by jffree1 on March 30, 2015 at 14:21

So, tell... did you get a lease extension or a new lease? Anything?


landownerPermalink Reply by Tootie Fruitie on March 30, 2015 at 15:44
I didn't get anything but spud dates.I expect the permit to show up before the lease ends. (4/16)
Permalink Reply by jffree1 on March 30, 2015 at 18:06

Just filing a permit will not hold your lease.


landownerPermalink Reply by Tootie Fruitie on March 31, 2015 at 16:29
Well, all I know, is what I was told. Spud dates to drill. I believe I was told, a spud date, is when the bit goes in the ground. Sounds like a plan! A very good one!

landownerPermalink Reply by Spring Branch,mineral owner on March 31, 2015 at 4:00

My 5 year lease expired in February, so I negotiated a new lease with XTO at that time, while being told that they planned to drill the acreage this year.

Permalink Reply by Hale Yayuh on March 30, 2015 at 20:57

Why did you post two dates, are there to be two wells in this unit or what? You wrote "Folks Keydet" in your title. What is "Folks?" Are you talking about the XTO Keydets Unit or a Folks-Keydet Unit or what did you mean?

Do you know when next door Penguins Unit will spud? Thanks.


landownerPermalink Reply by Spring Branch,mineral owner on March 31, 2015 at 8:19

I was told when I leased acreage in the Keydets Unit that they planned to drill Keydets before the Penguins unit.  I would assume that expiring leases would be the reason, though, as Jfree1 has stated, they haven't permitted the Keydets  Unit yet.


landownerPermalink Reply by Tootie Fruitie on March 31, 2015 at 16:18
Two wells. Folks, (interested people), Keydet Unit.

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