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Eagle Ford Shale - Oil & Gas Discussion

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Eagle Ford Shale - Oil & Gas Discussion

Oil & gas discussion group for those interested in Eagle Ford Shale. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.

Website: http://www.eaglefordshale.com
Location: South Texas
Members: 303
Latest Activity: 2 hours ago

Discussion Forum

NE Gonzales County

Started by Gonzo1 Apr 7. 0 Replies

Hello All.We have +/- 400 acres about 6 miles south of Waelder, in NE Gonzales County that will be available for lease soon.  Please advise if there is any interest in this area.Thanks.Continue

UNSIGNED LEASE IN HAND - CAN ANYONE BEAT THIS OFFER

Started by Larry Koch. Last reply by Larry Koch Apr 5. 6 Replies

I HAVE A LEASE OFFER NOW IN HAND FOR 40 ACRES NEAR CHARLOTTE IN ATASCOSA COUNTY.  THE OFFER IS $400 PER ACRE FOR THE LEASE BONUS (3 YEAR LEASE)  AND 22.5% ROYALTY.  CAN ANYONE BEAT THIS $400 PER ACRE…Continue

425+ acres available for O&G Lease between Nordheim and Runge - DeWitt / Karnes County border

Started by Pam Roth. Last reply by James H. Zeiders Apr 5. 7 Replies

I have 425+ acres available for O&G lease between Nordheim and Runge (about 1/2 mile from Hwy 72) in the condesate area of the Eagle Ford shale. My lease expired last fall when we could not get…Continue

Keywords: on, Eagle, Ford, Witt, De

Eagle Ford lease expiring in April - family ranch seeking contacts to release

Started by Clayton Barnett. Last reply by James H. Zeiders Apr 5. 3 Replies

My family ranch, ALC Ranch Ltd, is located approximately 9 miles East of Big Wells and 14 miles West of Dilley on Hwy 85.  We own 50% minerals on 1,337 acres with executive rights.After being put on…Continue

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Comment by John Swicegood 2 hours ago

Thanks Robert!

Comment by robert r garrison 2 hours ago

COPProductionDecline.2014.ppt

To those interested, production from my well is following (almost exactly) the curve "original design" in the attachment.

Hope this helps anyone that follows this discussion. It looks to be a great planning tool.

Comment by Marcus T on Monday

In EOG's most recent earnings call they said that there were 6,000 drilling locations remaining on their EFS acreage and that each of those are pegged on a map, not derived from dividing total leasehold acres by 40, 80, etc.

Comment by Rock Man on Monday

It will be rare to see operators share any info with royalty owners aside from some very general info. Many times, operators will have groups approach their royalty interest owners to purchase those mineral rights - no way they want you knowing their "master plan".

And I am positive that EOG and other companies have a series of maps showing planned horizontals in any one area.

Comment by robert r garrison on Monday

We have been in production on one of the wells for a year. The monthly production rate is easy to plot and almost follows a perfect "curve".

I do not have any inside info on economics and ROI or even how EOG determines drilling strategies for EFS. I believe, perhaps too optimistically, that EOG cannot make enough money on this one well to justify the costs and must have a multiple well strategy. I think I see that in the RRC map data that shows multiple wells in the same area on what appears to be a linear spacing and alignment. I can almost draw a straight line through the well locations per the map coordinates. 

I would probably never get the info, but I sure wish EOG could trust interest owners with their strategy. With that info and assuming each well will follow the same production pattern, we can do some serious financial planning.

Again, I have no inside info., but I will risk saying that certainly EOG has a plan. They aren't using a dartboard, even the old wildcatters had a plan.

Comment by John Swicegood on Monday

OK, I really appreciate everyone's input, jrs

Comment by Marcus T on Monday

John, there really isn't a way to find out future plans for an area most of the time. Companies are very secretive with their plans to the extent that oftentimes one division of a company won't know exactly what another within the same company is planning. If you live nearby an area of interest you can see activity not on the Internet but if not you generally have to wait for drilling permits to be filed. Public company investor presentations can also yield some general information on plans for an area.

Comment by John Swicegood on Monday

Thx! jrs

Comment by Rock Man on Monday

One has to figure that eventually operators (present and future) will end up drilling up a unit / area to its maximum extent.

No way to know this for sure now - key for many operators is to get acreage HBP and then sell it for the production and undeveloped locations (proven and probable) on the acreage.

O&G prices also come into play here as to timing - if prices drop, there is no incentive to infill HBP acreage at lower prices and ROI.

Comment by John Swicegood on Monday

Anyway to find out if something is going on or planned in a given field, thx! jrs

 

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