Activity in Lincoln Parish - Lease Renewals

Wanting to gauge activity in Lincoln Parish and around the parish. Talking with people in the area there seems to still be some activity in the area.  Curious what will be done with the 2015 leases south of I-20/southwest Lincoln through Mark O’Neal Company that will up for renewal soon as well as Choudrant area activity.  

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Permalink Reply by Skip Peel - Mineral Consultant on June 16, 2018 at 6:31

Range is looking for a buyer for Lincoln and Jackson assets.  They are running one rig with tends to move between the two parishes.  Their focus is the Marcellus.  Wildhorse Resources Management has had one rig drilling infill wells in the Choudrant Field.  Their focus is west Texas where they currently have 6 rigs running.

Permalink Reply by Skip Peel - Mineral Consultant on June 18, 2018 at 5:46

Tanos has acquired the Wildhorse Resources Management Lincoln Parish assets.  Slips my mind because the weekly rig report continues to show the one to be deployed by WRM.  That's probably because it is still under contract to WRM but Tanos is running the show.

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