Angelina County, TX

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Angelina County, TX

All things pertaining to leasing, exploration and production in Angelina County, Texas.

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Comment by Drew Carlton on December 8, 2014 at 9:46pm
Recently leased my land on the John D. Windham survey in trinity county. 7 miles south of Leor Forestar #1. It was leased back in 2009 and expired. Is there any new action somewhere?
Comment by adubu on January 23, 2014 at 9:54pm

Ryan--agree with Mike R-- have good attorney assit with writing and review lease-- with 90 acres net mineral it's worth every dollar in fee. Although would request what his fee is up front. The  Bonus depends on what going on in area / your main money in ground and you have to have some one drill it to get the money. Find out who operator is before signing would not sign with some people like CHK, etc  Nice to have90 acres net minerals in a possible producing zone :-) 

Comment by Mike R on January 23, 2014 at 9:32pm

I would ask for a $500 bonus per acre and a 25% royalty . I wouldn't accept any royalty offer less than 20%, with cost free terms. Also ask for a 3 primary term (5 years is pretty long).

With your 90 acres, you probably should hire an O&G attorney to help you with the lease (once you confirm that they'll meet your terms. Only lease to an operator (check with the landman regarding who he's representing).

Comment by Ryan Mott Oliver on January 22, 2014 at 9:19am
Actually 1/5 correction on royalty. Seeing if fair market value.
Comment by adubu on January 22, 2014 at 5:58am
Ryan Mott Oliver---- is that a typo I hope never seen a lease offer of only 5% royalty if so answer is NO and in today's time no reason to ever give a 5 year term lease the maximum three year with or without two year option . Are you sure it may be 25%
Comment by Ryan Mott Oliver on January 22, 2014 at 12:39am
New Lease Offer
I have been offered $300 per min acres at 5% royalty for 5 yr lease in Lufkin No Option. Is this fair market value for shale?
Comment by Ryan Mott Oliver on March 26, 2013 at 10:39am
Any new drilling or leasing news for Chandler Johnson southern Angelina County? I saw that the national infrastructure is being built by the Chinese which should help jump start things.
Comment by dbob on July 26, 2012 at 6:55pm

Devon applied for a permit for  Jame Lime Horizontal 8 miles NE of Lufkin

Comment by Mike R on July 7, 2012 at 2:09pm

Denise, also post your question on the San Augustine County Group (link provided below). That group may have some additional information.

 

http://www.gohaynesvilleshale.com/group/sanaugustine

Comment by Ryan Mott Oliver on July 7, 2012 at 12:02pm
I heard that where Angelina County thins out there might be some shale play in
Bossier Sand? We had leases in past at Chandler Johnson A-19 with regular oil wells drilled and that shale might be easier to reach than deeper drilling planned in the future when cost effective!!
 

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