Lavaca County, TX - OIl & Gas Discussion

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Comment by Kathryn P. Cheshul on May 15, 2012 at 9:10am

Thank You John. I appreciate your input and will check that out. We retired to this area almost nine years ago and are new to this whole business.. We bought the land because we like to fish and hunt never thinking about this oil possibility. The friend we bought it from let us have the minerals. So much to learn and think about..  We worked with J. Allen on our lease and he really covers you for just about everything.. Thanks again, Kit

Comment by John Moore on May 14, 2012 at 5:51pm

Yes Maam, there is a lot of  "HERESAY" and some "FACTS" available.  If you have been to the Fayette Cty. forum there is a lot of both.  I monitor this one, the Fayette Cty., Colorado cty. , and the best as far as I'm concerned is the one a Gentleman by the name of "Washington Irving"  started is the Cypress and Sanchez for Eastern Lavaca and south Fayette cty. started.  Most of the people on there stay focused not just a bunch of drivvle.  My wife and I have land near Hackberry and Mont in Lavaca cty.  Stay tuned.

Comment by Kathryn P. Cheshul on May 14, 2012 at 5:15pm

Our place is on Cty Rd 151 (South side) and just heard that new seismic is going to start across the lane with the intention of that area being pooled..

The info I was given was that the Eaglesford shale stops by our fence( just our luck) Are there any good maps showing the placement of cty roads over the formation..  We are on the two yr extention with Geo.. The lease will be up in February 2013.. There is so much heresay that some sound info would be helpful.

Comment by richard dziadek on January 28, 2012 at 12:55pm

I wish I knew when geo Southern would drill in northwestern lavaca! I see other companies drilling practically next door!

Comment by John Maurer on January 28, 2012 at 12:04pm

S foeh I have a3yr lease with Cypress which has a 2yr option. My experience  with them was  good. Received check a signing.

Comment by S foeh on January 27, 2012 at 4:15pm

Thanks John not signing looking to release who r u leased with have been on contact with cypress

Comment by John Maurer on January 27, 2012 at 10:26am

to S foeh. Ihave been contacted by siesmic co and they are offering 15 an ac. Ihave an active lease with 2 1/2 yrs to go on first option. I have an attorney who is advising me , haven't signed anything yet and believe I am going for a higher rate per ac.

Comment by S foeh on January 26, 2012 at 10:58pm

Thanks mr ml have a good attorney will sit on it and wait for lease would like 3 yr lease sister and I have right at 200 acres together both leases up soon

Comment by MR. ML on January 26, 2012 at 10:36pm

You do not want to allow the seismic unless you have an active lease.  One expiring in 1 month will not be active for long...and it will take them up to 6 months just to get started with the testing.  If they test you, and your land does not look good, so long any more leases !!  So contact your present company to get a new lease, or get with either Geosouthern, Cypress or Ominex for an offer.  should be around $1000/acre try for a 3 year only no option and 25% royalty.  Extra 2 year option or a straight 5 years and they will go to others first since you are locked for 5 years again.  Make sure you see an attorney on your seismic, your attorney  will definitely add an addendum that will protect you.  do NOT sign the permit the company gives you without this...you would be sorry if you did !!!

Comment by S foeh on January 26, 2012 at 9:48pm

Has anyone been approached by a seismic company named Seidel data in the Moravia area and if so what is the rate of payment I have been offered 15 per acre for seismographic survey 5 year lease is expiring next month have had some talk of 1000 to 1200 but no definate offer

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