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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: 343
Latest Activity: on Monday

Discussion Forum

Madison County Town North Zulth Field Madisionville,NE

Started by Steven Salsman. Last reply by Rock Man on Saturday. 1 Reply

Madison County ! Just received an offer from Navajo Resources Corp.concerning  AMY Boatwright Survey, A-7, Madison County , TexasLease offer :::: Tract total 34.0 gross acres of land Own 6.0 net…Continue

Which way is better to have your mineral rights?

Started by Tim. Last reply by oldoak Aug 27. 4 Replies

I have a question. Four of us friends bought 300 acres many years ago together. We all have 50% of the rights in that land. We have now split that land into 4 equal tracks so each one owns his own…Continue

Keywords: minerals

Emerson and Lake Units - Karnes

Started by David Roush Aug 27. 0 Replies

Has anyone heard of these units or know about their progress?  I believe drilling is completed.Continue

Letter from Company wanting to purchase our rights

Started by Robyn Barziza Chargo. Last reply by Rock Man Jul 31. 7 Replies

My family and I are signed with EOG and have been for 3 1/2 years.  For the past 6-8 months, we are getting letters-almost daily - from some company - can't remember the name - wanting to make us an…Continue

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Comment by Timothy Terry on August 27, 2013 at 1:22pm

I'm looking for approximately 5-10 acres to possibly place a commercial disposal well.  Must have retained surface rights, of course.

 

Thanks in advance!

Comment by Ric Pennington on July 24, 2013 at 8:52am

This is true, the AAPL says that no one really knows what a Producers 88 is. There is no standard lease.  If you use the services of an attorney, always find out what the turnaround time will be.  I have seen a post recently where a mineral owner missed out because the leased laid on the attorneys desk too long.  All it takes is a dry hole or poor producing well to end the project. 

Comment by Kirby Perkins on July 23, 2013 at 6:53pm

If ya have questions about leases, bonuses, etc, talk to an experienced Tax and oil and gas attorney.  Don't let some slick land-man tell you that the leases (model 99, etc are al the same, they all have to be read in their entirety.

Comment by Janet Ryan on March 11, 2013 at 11:48am

Has anyone here used Hilltop Royalties to negotiate their leases? I came across their ad on Facebook. Their website is http://www.hilltoproyalties.com   I called their number and they said that since I have already had a lease offer that their fee structure would be based on a % of the additional amount they were able to negotiate for my lease. They said that they would work with me to find a fee structure that I find agreeable, whether it be a percentage of bonus or percentage of royalty or both. Has anyone here used a company like this? My minerals are in Ward County but I am posting here since they said they focus on the Permian Basin and Eagle Ford. I am new to this website so if there is a better place to post this please let me know.

Thank you,

Janet

Comment by C Michael Lucas on January 24, 2013 at 1:38pm

I ment lessee

Comment by C Michael Lucas on January 24, 2013 at 1:35pm

My advice  to Mickie would be to educate yourself of the basic terms  and conditions  of a lease,i.e. bonus, royalty, number of years, Pugh clause  etc. Then  hire a reputable land man without any conflict of interest or a trusted experienced friend  that knows the area  and terms of similar leases. Negotiate  the business points of lease with the lessor ( DO NOT SIGN ANYTHING)   Then hire an  attorney that specializes in oil and gas complete all legal documents based on your business points.

  

Comment by Mickie Byrd on January 23, 2013 at 9:43am

I am in need of a good attorney in the eagle ford area that can do a good job of negotiating a lease with penn virgina, if anyone knows of one please let me know.

Comment by Rock Man on December 15, 2012 at 1:43pm

I really don't know and it would be personally imprudent for me to guess. Suggest you talk to surrounding mineral interest owners.

Also suggest you check on the "Eagle Ford Forum" - good site with lots of people who are in tune to things happening in both EF and Pearsall. I am a member of that site too.

 

http://eaglefordforum.com/

 

I don't know if it is appropriate to "promote" other sites on this site. If I am out of bounds with this, I apologize

Comment by WallyNewton on December 15, 2012 at 1:22pm
If by chance Cabot doesn't get some drilling started by February what do you think a reasonable lease bonus might be?
Comment by Rock Man on December 15, 2012 at 11:24am

Cabot has been very active drilling Pearsall Shale in the SE Frio County area. I am figuring that your area in within their Pearsall play outline as described in their Osaka JV agreement for Pearsall drilling.

Cabot has three rigs drilling right now in this area 

 

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