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Harrison County, TX - Oil & Gas Discussion

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Harrison County, TX - Oil & Gas Discussion

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

Members: 6
Latest Activity: Apr 10

Discussion Forum

lease on James Gorman A-285

Started by mary johnson. Last reply by D H Y Feb 6. 1 Reply

approached with lease for 5 yr at $500 and 1/5 royalty. we (5 of us) have 1/4 mineral rights from grandfather purchase in 1936.From what we understand this is to low for a 5 yr plus should be  1/4…Continue

Granddad's lease wells are not pumping

Started by Yusef Lasana. Last reply by Claude Whitaker Dec 21, 2011. 1 Reply

 Does anyone have any experience with this:  My grandfather signed a lease in the late 1940's.  Prior to his death in 1969, there were two or three wells on the property that was bringing in enough…Continue

Keywords: rights, Shale, Lease, Granddad's

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Comment by Claude Whitaker on April 10, 2012 at 4:41pm

One other thing. Oil and Gas companies have a history of drilling then capping the wells. They will only open them up when it's to their advantage. They know the market and shape the market by opening and closing valves to the oil and gas supply.

Comment by Claude Whitaker on April 10, 2012 at 4:36pm

To my understanding, the gas is very plentiful. It is possibly a part of the huge shale reservoir which stretches from Ft Worth Texas into Louisiana (Haynesvlille Shale) I understand another shale has been discovered just above Haynesvlille Shale.

We have interest in both Haynesvlille Shale and the Harrison County gas fields.

The oil has never been fully pursued in Harrison County. There has been a long running attempt to get the small mineral owners to sell out before big production starts. 

Keep your mineral interest. Pass it on the your children and teach them to hold on to it. One day it will pay off big. Just got an offer in mail from a mineral company offering $30,000. for our interest in Harrison. We put it in File 13.

You will get a lot of offers also, because production and prices are down. That allow them to calculate the value of your interest much lower than it's worth. Don't fall for it.

Comment by Mary E. Henderson on April 9, 2012 at 12:00pm

Thank you very much for welcoming me to the group.  

Does anyone know whether or not there is a plethora of oil or natural gas coming from the Harrison County Area?  My daughter and I receive royalties; however, the amount is minimal.

Comment by Claude Whitaker on August 2, 2011 at 2:16pm
I would like to know if anyone has experienced the interruption of their oil or gas royalties during mining operations on the land?  Is there compensation to the oil or gas company from the mining company for this interruption?
 

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