My family has property and mineral rights in Lincoln Parish
Louisiana and we have been approached to permit a seismic
survey without a mineral lease in place. There are producing
wells nearby and we had a lease no longer in effect with one
hole that was drilled with no production. I would like to know what is the
going rate for seismic surveys in our area and should we deny
the permit until we get a lease signed.
Thanks,
Will
Will,
I wouldn’t deny the survey company permission to evaluate the minerals. A positive result may lead to future leasing, drilling, etc. If they do not like what they see, nothing changes…
Depending on the size of your land, they can survey around your property and get an idea of the geography of the area.
Do you know your section, township, range?
Chase, Global Geophysical is surveying the Grey Goose 3D for Sec 1 T17N R03W
Chase Guidry said:
Will,
I wouldn’t deny the survey company permission to evaluate the minerals. A positive result may lead to future leasing, drilling, etc. If they do not like what they see, nothing changes…
Depending on the size of your land, they can survey around your property and get an idea of the geography of the area.
Do you know your section, township, range?