We recently purchased land in North Bossier which came with mineral rights to slightly producing wells and existing lease.The access road to reach the wells begins on my land at the blacktop. We chose to use this existing road and branch off of it…See More
"You do not say how many acres are involved. If over several hundred acres, I would consult with a lawyer, preferably one that deals in Oil and Gas Minerals. They will help you structure the lease so that it is more balanced and not all…"
"That is a good question. The bulls will say that the oil is there so someday somebody will come and get it. But they forget that there are a lot of oil fields that history past on. Look at Western PA, the birthplace of oil…"
Shale Oil Well Tests Appear Misleading To Some InvestorsBloomberg Monday, January 26, 2015 - 11:45amTests done on new wells that boosted the fortunes of oil developers by billions of dollars during the U.S. shale boom are increasingly coming under…See More
"Thanks Ken. They were still adding perforations and stimulation at that time; so my thinking is that these numbers are likely short of potential. Things settled down in the very last week of November. My thinking is that OPEC may soon be…"
"Skip, I agree. It was a shock to me that they had that much acreage leased and little activity in LA. As the map shows that TC sent me to: it appears that their focus was almost entirely MS as far as operating is concerned. It will be interesting to…"
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