Oil & gas discussion group for those interested in Beauregard Parish, LA. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.
Has anyone had recent drilling activity on your property or a recent lease agreed upon? It appears they may be preparing to do something on our property.
I have property in Evans, Vernon Parish that has been offered to lease by a company, and am wondering how it is going for you? And if there is any news for that area?
I am a landowner in Beauregard Parish (20 acres), and have been offered a lease by Suncoast Land Services, Inc. who represents El Paso Energy. I am in Section 12, Township 6S, Range 9W. The offer is for $200/acre, 1/4 royalties, and 3 years. I apparently have land in or near the “East Cow Pen Extension Area.” I am new to this and looking to see if anyone else has had offers and if these numbers ($200, 1/4 royalties) look like what others are being offered.