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Oil & gas discussion group for those interested in Cana Woodford Shale. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.
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Latest Activity: on Tuesday
Started by Charlie Tandy. Last reply by Mineral Joe Apr 10. 46 Replies 0 Likes
I was wondering how much money is being offered to purchase mineral acres in the woodford shale area currently? Before I give any friends or relatives advice on competitive offers in the area, I…Continue
Keywords: Woodford Shale, Purchase, Mineral Acre
Started by reed hamilton. Last reply by reed hamilton Mar 20. 10 Replies 0 Likes
Our first well in northwest Caddo county just started producing (no info yet on production levels), and we recently received a letter stating that they need to drill 4 more wells to access all the…Continue
Started by reed hamilton. Last reply by reed hamilton Mar 16. 2 Replies 0 Likes
Is there any way to avoid this tax legitimately? Receiving royalties from the Cana - I am a Texas resident. Get hit with a 5% tax since I do not reside in Oklahoma, where my mineral interests…Continue
Started by heather b. Last reply by Larry Trook Mar 6. 7 Replies 2 Likes
I am also a new mineral owner . Section 11 & 25 16n16w. Just wondering if any activity was going on in this area. Is this a good area? They have been leased since June 2010 for 3 years. If…Continue
Comment
Weekend! I need spell check!
Lanny-I'm just looking back over 50 years in the industry and havng seen major changes in the way the industry really works and the way the world is changing you begin to get some prespective. Some good, some bad. But, we have to live with all of it whatever it is.
Cushing Pipeline Opens This Weedend
http://fuelfix.com/blog/2012/05/17/cushing-to-gulf-coast-pipeline-r...
Thanks again Don U. for your common sense perspective.
I have not seen any new power plants or new power grid for all of Iran's nuclear program.
Saddam had a relative in the military nicknamed Chemical Ali. You don't need a huge stockpile of chemical weapons, they are WMD's after all, and when you tell someone we are coming for so long, it's not too big of a stretch that someone could drive about 5 to 10 tractor trailers to Syria. Iraq used chemical weapons against Iran for certain and reportedly against the Kurds. After 6 months, I'd have been more surprised if we had found any WMD's. I think it highly likely that Iran has more than energy on their mind with their nuclear program. I'd be surprised if their wells weren't producing enough natural gas to fuel all the electric power plants they need.
We went into Iraq in 2003. By 2008 we had found all the WMD and the few well fires had been out for years. Compare to Kuwait in 1990, that was some well fires, but look at oil prices on your chart for 1990. We have to get Iran's WMD like we did Iraq. Don't we ?
Comment by Francis on May 17, 2012 at 1:23am
Comment by Francis on May 17, 2012 at 1:20am Iraq blew up its own oil wells. Caused a massive net loss of oil on the market. Drove up the price worldwide. Want to see 145.00 oil again? Bomb bomb bomb Iran :)
Comment by Lynden Foley on May 16, 2012 at 8:31pm Here is a good article about Cushing.
http://www.businessweek.com/articles/2012-05-16/unlocking-the-crude...
© 2012 Created by Kenny DuBose.
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