"The Tellus Benson-Penton 33-28 HC well seems to be holding up well so far. SONRIS Lite shows August production from the unit to be 23580 bbl oil and 87359 MCF of gas. This corresponds to 761 BOPD and 2810 MCFD. This unit also includes 2 stripper…"
"Thanks for that information Skip. I have a number of HA wells in Section 26 - being produced by J-W. Am I correct that production from these wells will be, at least in part, piped to some kind of LNG conversion facility on the gulf…"
"Willie, my family also owns acreage in this unit and have not been contacted by Chesapeake. There is an existing shallow producing well, Fincher#2 (214995), that I believe includes your land. I had to track down the operator last year to receive…"
"IMO, you want to be sure that you have adequate protections, as Jelli states above, but if this water is being used for a well you are party to, I would not tend to make this process tedious for the operator. Get protections, get some cash and let…"
"Mike, thanks for the info. We will definitely look into the cost free royalty. I hope on my previous two leases it is 22.5% cost free royalty. Would it say in my contract if it is otherwise? We were under the impression that it would be cost free.…"
"Ettie, I totally agree with Spring Branch (Mineral Owner) comments on his 22.5% cost free royalty. I used that same approach with EOG over in Angelina County and it worked. I was prepared to stop talking for anything less."
propane and NG are not directly interchangable, but the UPS use case is interesting - They, to my understanding, are using a lot of NG fueled local delivery trucks, which drive typically a few hundred miles per day, with modest…"
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More