I'm in discussions with a Shreveport land man for my property in T23N R13W for a horizontal lease. Lease is only for depths below the Rodessa Base. Could their interest be the Brown Dense? Also what potential is there above the Rodessa Base? Any insights/opinions would be greatly appreciated.
Well, it's definitely horizontal cause the lease requires the locations to be on the southern boundary; absolutely no drilling in the heart of the acreage. They can go to 11000'. Any thought who the operator might be? The land is less than 5 miles from Springhill as the crow flies; surrounded by the old Mott oilfield.
BD, I've never seen a lease requiring a specific surface location. It's certainly not something that is usual. A surface location on a lease or unit boundary does not automatically call for horizontal wells. The wells could be directional instead. The fraternity of experienced horizontal operators is relatively small so that would narrow the possibilities. I suggest that you make a trip to the parish courthouse and take a look at the Clerk of Court's Day Book to see what company may be recording leases and where.
Has anyone checked this out to see what company is recording?
I have seen leases requiring specific locations. Its a good comprimise between an operator who knows about where they need to drill and a mineral owner who want no surface operations.
Dave, what did you end up with on your lease? I have property in T22 south of there and have been contacted.
Debra, the best I can say without seeing the map (plat) is that they are existing wells. SWN is drilling for oil. The wait shouldn't be too long as SWN is about to drill the well in this unit.