I have ORRI in the S. E. Johnson 20-1 well and it is in DeSoto Parish. It’s a very small percentage and I have someone interested in buying those rights. They have over the last couple of months they have increased the offer significantly. I am new to all this and inherited these rights several years ago. It seems to me that if they sre willing to pay so much money for them I would be better off keeping these rights. Can anyone offer any insight?
thank you!
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Lisa, you have provided insufficient information. In LA units are generally formed on governmental sections. So a location description by section-township-range helps tie down the exact location in DeSoto. It would look something like this: Section 12, Township 12 North, Range 14 West. That should be on a copy of a lease or conveyance document that you may have. If you don't, it would help to know the company that operates the well. There is no such thing as Cotton Valley Shale. The Cotton Valley Group are all sands.
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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