Leasing?

It's been quiet for a long time - - have there been any wells drilled or any lease offers?  Shelby Co. has made a lot of gas over the years.  Is it profitable enough to keep going? - GR

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landownerPermalink Reply by Hayes McDole on July 7, 2017 at 5:41
I was in Bossier Parish, Louisiana, last week, and word is there are 10 drilling rigs working there, after quite an absence.

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on July 7, 2017 at 6:01

Hayes, beware of unfounded rumors.  As of last Friday there were 4 rigs drilling in Bossier Parish.  3 in S Bossier drilling Haynesville Shale and 1 in N Bossier drilling Cotton Valley.  Since the first of the year there have been between 2 and 4 rigs drilling in Bossier in an average week.


landownerPermalink Reply by Shale Yeah! on October 18, 2017 at 10:36

I have been approached by a Haynesville operator to lease my 40 acres in Southern Desoto  Has anyone had any lease bonus offers for Haynesville/Bossier , Cotton valley in Desoto parish it is not HBP, what is reasonable these days 


landownerPermalink Reply by RONNY on October 18, 2017 at 13:21

Indigo Minerals 11n 15w section 32 in far south Desoto Parish.  $1500 an acre and 1/4 royalty.    


landownerPermalink Reply by Shale Yeah! on October 23, 2017 at 0:51

Thanks! 

Permalink Reply by jffree1 on October 19, 2017 at 3:33

We shall see, GR. Tana Exp. is drilling a hz CV well there now. They are the first, since 2011, to target CV with a hz well in Shelby Co. Noble Energy and Classic Operating drilled hz. CV in 2010-2011 but pretty much abandoned the effort since. XTO still has a handful of open HA permits on the east side of the county. There's been no activity in the James Lime for a decade. Cabot was the last operator doing any drilling in JL and they stopped that to drill HA and then moved on to the Marcellus.


landownerPermalink Reply by Dena A1 on October 19, 2017 at 10:27

Will there be any new leasing in Webster Parish?

Permalink Reply by lee on October 23, 2017 at 2:05

Indigo offering $1500 - $2500 in Caddo & Desoto currently

Permalink Reply by Rocdoc on October 24, 2017 at 8:44

I recently farmed-out my working interest to a Shreveport company, Cypress Operating.

I know that they are interested in unleased acreage in the Haynesville producing areas as well.

Contact person is Scott Morgan.


Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on October 24, 2017 at 8:54

If your working interest is outside the boundaries of the Haynesville Shale, that may be a good move.  Otherwise, not so much.

Permalink Reply by Rocdoc on October 24, 2017 at 9:40

Thanks for response. I was able to keep an orri and not have to participate in two very expensive horizontal wells.

 just trying to give folks with leases or minerals another option.


Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on October 24, 2017 at 10:14

You're okay as long as Cypress isn't operating.  And for those with working interests, it's a reasonable option.  I wouldn't suggest it for those with leases and mineral rights.

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