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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Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on April 18, 2018 at 3:28

I agree with CG.  I don't have any recent reports of water prices but the last time I did it was in the Haynesville fairway, $0.30/bbl.


Oil & Gas ProPermalink Reply by CG on April 18, 2018 at 3:34

$0.25/bbl to $.35/bbl depending on distance from location. Keep in mind you want to price the water where the operators see value and want to use it. Let's use Skip's $.30/bbl for an example. Would you rather have $0.30/bbl and sell 800,000 barrels ($240k) or $1.00/bbl pricing and sell 0 barrels ($0)?

Water can make you a lot of money if you price it right.


Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on April 18, 2018 at 3:38

New version horizontal well designs with long laterals and high proppant loads require very high volumes of water per each.  And operators rarely drill just one well at a time.  They drill 2 or 4 or 6.  Sequentially from the same surface location.


landownerPermalink Reply by Hydrocarbonite on April 18, 2018 at 4:29

Good to know guys, thanks..

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