Aethon in S5-T16N-R12W?

Stakes in S5-T16N-R12W. We were told Aethon? How do we find out what is happening?

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Permalink Reply by Skip Peel - Mineral Consultant on April 16, 2018 at 11:15

There are no well permits with Section 5 as a surface location at this time.  That's not unusual as surface locations are often prepared in advance  of well permits being issued.

Permalink Reply by MGB on April 16, 2018 at 11:19

Thanks Skip.  Any recent lease offers in our area that you know of?

Permalink Reply by Skip Peel - Mineral Consultant on April 16, 2018 at 12:00

Haven't hear of any leasing in that immediate area.  Most of those sections have existing production so they are leased.

Permalink Reply by Thomas Maglone on April 17, 2018 at 1:18

What town is this close to.

Permalink Reply by Skip Peel - Mineral Consultant on April 17, 2018 at 1:24

Between Scopena and Caplis.

Permalink Reply by Thomas Maglone on April 17, 2018 at 2:02

Texas?

Permalink Reply by Skip Peel - Mineral Consultant on April 17, 2018 at 2:02

Louisiana.

Permalink Reply by MGB on April 18, 2018 at 2:25

What is the going price range for water access being paid by drilling / production companies?

Permalink Reply by Hydrocarbonite on April 18, 2018 at 3:03

From Hilcorp field operator ,  obtaining water from local farmer water well.

$1/bbl of water loaded on transport trucks.  May sound cheap but they drilling on farmers property ,  I guess all is relative!

Hope that helps MGB.....

Permalink Reply by CG on April 18, 2018 at 3:25

$1/bbl is very high. Not the going rate in the field.

Permalink Reply by MGB on April 18, 2018 at 3:27

CG, if $1 is high, what is a fair pricing range for pumped water?

Permalink Reply by Spring Branch,mineral owner on April 18, 2018 at 10:06

Priced at $.30 per barrel you may not sell much water!  My opinion is $.25 barrel is the going price.  At $1.00 per barrel you will sell zero H2O.

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