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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: 356
Latest Activity: Dec 6

Discussion Forum

Austin Chalk Lease on top of Eagleford Shale

Started by William Douglas Archer. Last reply by William Douglas Archer Nov 18. 4 Replies

Can someone share with me their thoughts regarding a lease proposal for only the Austin Chalk and how that might affect the ability to lease deeper formations such as Eagleford, Buda, Pearsall…Continue

Keywords: bonus, market, proposal, lease, Chalk

Can two counties collect taxes on one producing well?

Started by Robin Brown. Last reply by Wade Caldwell Nov 5. 4 Replies

I am a joint royalty recipient in a well that is located in LaSalle County.  It is on property where my grandfather retained the mineral rights and sold the land about 50 years ago.  The well started…Continue

LaSalle County ill-defined properties

Started by Melissa Nelson. Last reply by Melissa Nelson Nov 3. 4 Replies

In addition to inheriting (currently leased) mineral rights in Naylor Jones Subdivision, my siblings and I inherited shares of two other LaSalle County properties.  The legal definitions are poor, at…Continue

Keywords: Subdivision, Fowlerton, Ranch, O'Connor, County

Comment Wall

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Comment by Dennis Bidwell on March 24, 2014 at 10:28am

For a property in Gonzales County I have been offered $750 per net mineral acre, a three year lease term, and 20% royalty. How does this stack up to other lease terms in the area?  Is anyone interested in offering better terms? Thank you.

Comment by robert r garrison on February 24, 2014 at 9:05pm

I want to get more informed re: production decline rates on wells in Gonzales County. I am in production, own the minerals. Want to do some financial planning and need some feel for how ours wells will decline.

any help would be appreciated by this 5th generation Texan now living on the left coast!

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

 

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