"The problem with "never" is that CHK can buy any lease or company it wants to, so you can't stop CHK from being your business partner unless you want to sell your lease/rights.
I agree, ironclad leases & laws can't stop…"
"CHK paid fair market on my well for 2 years. Then in Feb '12 they began the illegal withholdings. They do not care what your lease says. Luckily, EXCO bought my section from CHK and is already drilling several wells. BTW when EXCO took over…"
"Trinidad 222 has been gone for about a week. It was a smaller rig so wonder if that had something to do with why it took so long to drill.
Jones 2 looks to be cleaning up and getting ready to frac.
Nabors 897 started drilling early this week. EOG…"
Here's the problem. An "ironclad CYA" lease does not protect most people from CHK. Don't you think that the Dallas Airport, the Bass Brother, and all those others had great legal advice that wrote a lease that was…"
Along the AR/LA state line the Haynesville formation is not shale as it is farther south, but sandstone, and this sandstone formation has been producing both oil and gas since at least 1921, when the town of Haynesville, LA, had its oil boom."
"A very basic explanation is that some sort of "repairs" are needed. Maybe something with the equipment in the well, (damaged pipe, plug failure, etc.), or the well itself, (sand filling the wellbore). How long is a guess. Depends on what…"
"I'm no expert, but I find this interesting. First, I didn't think the Haynesville was prospective in AR. Second, I thought the H'ville was dry gas only. 47 bbl and 250M gas isn't great, but for a vertical well, seems…"
The Chesapeake well on our property has been off since June. Previously produced good until June. The lady at Chesapeake told me today that the well is waiting on workover. What does that mean and will it take a long time? This well is in…See More
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