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Oil & gas discussion group for those interested in Trinity County, TX. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.
Location: FM1280 Holly-Friday-Pennington-Fodice-Glendale area
Members: 7
Latest Activity: Apr 25
Started by Mike R. Last reply by Mike R Dec 15, 2011. 1 Reply 0 Likes
I've added a file attachment on a Monument Prospect that has a primary target of the Buda Lime (Upper Cretaceous) and a secondary target of the Bossier (Jurassic). In my opinion, it's an interesting…Continue
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Jeff, There has been some discussion on this on the Houston County group. You might want to look at this one.
IMHO - a lot will ride on the success/failure of the three recent wells being drilled by XTO in the Pennington area. If they end up being good wells you might want to concentrate more on the royalties % than the bonus.
Recently received an offer from XTO Energy (Exxon/Mobil) to lease my mineral rights in Trinity County. Can anyone advise me of the current lease rates in the area?
aj lucas / mr. knowles have been focussing on w1 permitting area of the site which details recent approvals for wells. In trinity county (455) there has been no drills permitted since leor's drill which was a vertical exploration to depths we are concerned with >12,000ft. Seems they had some problems getting the well permitted as it had "lateral"bottom hole.
Aj Lucas / Tom E Knowles are supposed to be drilling some 10-15km directly to the sw from them. When they talk of success nearby, this is who I think they is talking about.
Is anyone up to speed on this info?
I am a shareholder in AJ Lucas of Australia. This company acquired a NPI of 10% for 87.5 million two years ago throught mr. Tom E. Knowlton. The geologist involved is Charlie Meeks.
Currently no activities have been reported, and everyone is kept in the dark, with the exception of some carrot on a stick 'activity to start this quarter' a number of times.
How promising is Trinity County for shale gas, or shale oil. The play has been described by aj lucas as a potential shale liquids play.
Does anyone know about this deal? Who is actively pusueing shale gas and shale oil prospects? What do you know about the people / companies mentioned? What is fair pricing for leases ?
Clearly it is early days, but slowly some type of activity is developing in Trinity County.
Comment by Liz B on December 14, 2011 at 2:01am Agreed. Those guys in District 3 know what's up.
Comment by Mike R on December 13, 2011 at 8:03pm For Houston County updates, read message threads in this forum (link provided):
http://www.gohaynesvilleshale.com/group/district3oilgasgroup/forum
Comment by Liz B on October 24, 2011 at 12:45am © 2012 Created by Kenny DuBose.
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