"You didn't address the main question, that the wells are producing while they are drilling/fracking.
I get all the "what ifs"... but go positive and say all infrastructure is in place... What is the average daily production/profit…"
"NC Land Owner,
I think your calculations are inaccurate. Most wells take 17-30 days to drill and then 15-30 days to Frac. That's per well. If a unit has 4 planned wells, you are looking at 4-6 months before the O&G…"
"Guess you don't have much choice if the lease say they have an option to renew.
I don't think signing away some/all of your mineral rights is a good idea, in most situations.
From what I read about forced pooling:
After the oil/gas…"
"Asked before in other posts but what happens when oil and gas preceed coal rights? That is, oil and gas leased before coal (1898 oil and gas lease) coal severed in 1936 (oil and gas lease in effect). Seems the oil and gas rights might overide coal…"
"Just heard some good news that Rex will be paying the delayed payment to pick up years 4 & 5 of our leases for those of us that have not been drilled. They also mentioned the plan is to still get us drilled before the 5 year term ends,…"
I figured out how to send the pdf on this site, but I would still like to send you Colleen's emails. They pertain to the pdf, if you're interested. The emails, from Colleen, add more info on this subject.
Is this the site where I can scan and send you the recent info I got from the Recorder's office, from Colleen Wheatley, yesterday and today? It is a pdf and correspondence from Colleen. I don't know how to send a pdf/correspondence to you on this site. I can give you my word that after you give me your opinion of the situation, I will not use your e-mail address, again. My e-mail address is------- [email protected]
This pertains to K&R Conservation LLC's affidavit of abandonment, on our mineral rights, dated June 25, 2014. Filed originally, 2004.
How can they do this when we signed a lease and received our sign on bonus with Shell in 2011 and then was bought by AEU?
They are using Gregory W. Watts, from the same law group you used and suggested we use.
Hey Philip, it's Evan again.. You seem to be good at information.. Have you heard how the wells that were drilled along interstate 70 last winter did. We haven't heard anything about these wells. I think they drilled 4 laterals. No one has said anything just curious if there is a way to find out.. This is REAL close to me ( McClain unit), and we are curious as to if they were any good. It's also just a couple miles from the Shugert wells.. Thanks. Evan
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]