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Can HBP be retroactive?

Started this discussion. Last reply by Fang F Fang Dec 14, 2012. 8 Replies

Suppose there is a property with an old lease and an old producing well, so the property is HBP.And suppose that around this property there are other tracts that have been recently leased by the same…Continue

How we renegotiated our lease

Started this discussion. Last reply by Jim Litwinowicz Dec 4, 2012. 4 Replies

Our story may not apply to anyone else but it might be of interest.We signed 6 years ago, a typical lease for that time at $10/acre/year.  Our neighbor signed with the same company, and got a…Continue

Horizontal Bore Under a Railroad?

Started this discussion. Last reply by Shon Lenzo Nov 3, 2012. 7 Replies

For the well pad near me, two wells send their horizontal bores toward a railroad right-of-way, and stop just short of the railroad.  I was told by one landman that this is normal, that they rarely…Continue

How much water is used by fracking.....

Started this discussion. Last reply by time will tell Mar 6, 2012. 26 Replies

Fracking is often criticized for the amount of water it consumes, with a common figure given of 2-3 million gallons per well.  One way to look at this is to ask what amount of rainfall would be…Continue

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