Over a month ago, a Long Consultant rep came around wanting me to sign for permission for Shell to do a 3-D seismic survey. I told them I wasn't leased, and they said someone would be around soon to talk to me. Well, no one came around.
Finally I contacted Andrea Garrity at Shell. Thanks to whoever gave me her e-mail!! She seems to have lit fires under several people. I got a phone call from Long Consulting this morning, apologizing for not talking to me. The guy from Long said that he understands that I'm "currently negotiating a lease" with Shell. Hmmm...I haven't heard from anyone yet (Andrea told me that the guy I'm supposedly negotiating with was out of the office last week). The Long guy is going to email back to Andrea that no one has contacted me yet. At least I'm on their radar now. I hope that the drilling end is more organized than the leasing end; so far I'm not impressed with Shell or Long Consulting.
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Lynn,
I just don't think it's the right time to be looking for a good deal for the landowner. Except in the Ward, Bloss, and Covington area, what production numbers there are aren't great. I was surprised to find that SWEPI had let the permits expire on the additional 5 horizontals on a nearby single horizontal unit that's on the path of the gathering line going in now. Shell does have deep pockets, but they aren't bottomless. It may be that they're being more selective untill they see more production numbers.
The unit I would be in has been sitting since 2008; there's been no work done, no permits, etc. Just the vertical well. I don't see anything happening there for years. I'd love to tell them to take a hike if they DO offer me a lease, but I'm afraid that the situation might get even worse if I pass up leasing now;
I wonder if they are holding up the horizontal wells until they have the survey results. Do you know if anything is happening with the 3D survey? I still see the helicopter transporting something every few days, but no flags or anything around here.
I think they did some of the planned survey here last year because of - as you mention - the helicopters. (Not unusual here because I'm pretty sure I'm on a medical helicopter route But those move right along.) Then, one day when I drove out for groceries, the blue/white flagging tapes marking their entrances from the road were gone.
It's definitely a positive for TC that the gathering lines are going in. But what's also needed is a significant expansion of the market for natural gas. That's not going to happen overnight. Not wishing for it, but a cold winter wouldn't hurt.
You're living where you want to be, doing what you want to do. It's entirely reasonable you don't want to jeopordize that.
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