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Houston County, TX - Oil & Gas Discussion
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Oil & gas discussion group for those interested in Houston County, TX. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.
Members: 28
Latest Activity: May 22
Discussion Forum
Bonus Dollars
Started by Richard A. See. Last reply by Native American May 22. 7 Replies 0 Likes
Does anyone know what bonus dollars XTO are offering on new leases in the Houston/Trinity county area..................what about royalties?...............a 1/5th or a 1/6thContinue
Lease offers in the Crockett, Texas area.
Started by David P. Bennett. Last reply by David P. Bennett Feb 24. 8 Replies 0 Likes
My mother was just contacted by a drilling group and made a low bonus offer on her 10 acres just west of Crockett, Texas. Anyone know of recent activity in this area?Continue
Pipeline Permitting and Devon Buy Out of lease block.
Started by Walter Stewart. Last reply by Native American Dec 27, 2011. 1 Reply 0 Likes
I have information that Devon Energy purchased a group of leases in Houston County in the general area West of Lovelady. A person I know said that Devon is trying to buy a pipeline easement from him…Continue
New Houston County Permits 9-6-2011
Started by Walter Stewart. Last reply by Native American Dec 24, 2011. 6 Replies 0 Likes
Navidad Resources permitted 3 new wells on the Texas Railroad Commission Site since the August 1st. LLOG permitted 6 new wells Sept. 1, 2011 on the RRC site. Most all of the these are in the south…Continue
Comment Wall
Comment
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Comment by Native American on April 1, 2012 at 12:08pm
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Any news of what is happening in Houston County, Texas
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Comment by Mike R on January 26, 2012 at 7:06am -
You can read more details on GoHaynesvilleShale (District 3 Group). Basically, it's a minerals grab - using a large drilling unit and holding excess minerals acreage with a single well. It's called HBP - Held by Production. The excess mineral acreage can be eventually drilled, sold off to another interested party, or simply held (usally a very long term since a well production life may be 20 to 30 years). This is primarily a speculators play.
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Anybody have any idea what Terrace Energy is going to do with the 900+ acreas and the other 500+ acres in Houston County. The permit for 900+ was listed today on the TRRC .
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Comment by Walter Stewart on December 30, 2011 at 9:01pm -
Thank you for the update and I hope members of the Houston County Group and all of the U.S. take time to read your link. Keep us informed.
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Comment by Kevin B. Koonce on December 30, 2011 at 7:53pm
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Comment by Walter Stewart on December 25, 2011 at 2:44pm
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Navidad has just permitted a second well named the Crespi. It is on the Texas RRC site as of late December. The first one was a horizontal Buda formation well and the second Crespi is a vertical directional well in the same surveys at a much deeper depth. Also is about a 642 acre unit. Basically this is a horizontal and a vertical well on the same drill site it looks like.
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Comment by Louise Welch on December 9, 2011 at 8:34pm
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Do you know the name of the well in Weldon? How would I find it in the rrc?
And what is the Big C?
Louise
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Comment by Louise Welch on December 9, 2011 at 8:31pm
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Thank you for the fast response. This is helpful to me. New at all this.
Louise
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Comment by Walter Stewart on December 9, 2011 at 6:43pm
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Not only Navidad is trying to hold down the bonus money and lease terms, try their partner Burke Royalty.
Chesapeake has had a lease brokers office back in Houston County since about April. J Mark Smith, home office is Beaumont, Texas has I estimate 30 plus landmen working in Houston County. They have an office here across from the Court House with an unlisted phone number. They have I estimate 20,000 plus acres leased to drill horizontal Woodbine wells.
They have yet to file one single lease out of many hundreds of interest they have leased since April.
I know of a drilling unit that Navidad did in the Weldon area and after it came in to production they did not pay the first royalty payment for about a year! There are oil wells in Madison County next to Houston County that are producing over 1,000 bbl/day. Do a Google Search for New Gulf Energy and take a look at that.
People all over the U.S. better watch dealing with the "Big C of the Oil Business!
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Comment by rrdtxs on December 9, 2011 at 5:25pm
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Navidad is presently trying to lease up the Augenbaugh survey. They are drilling the horizontal well called Crespi into the survey. Numerous other wells surround the survey and have been permitted in the survey. Navidad is trying to hold down Bonus payments and block up what they dont have. We have not signed. Unit size is an issue with us. Info is available at the RR Commission site.
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