My family was recently approached about leasing some minerals in North Eastern Frio County just south of the Moore - Bigfoot Road. I would be interested in comparing notes with anyone else in the area receiving offers. Also, if you know of any new developments in this area let me know. Thanks!
Be careful, the area is paying off for the companies, so don't go cheap. Chesapeake has just agreed to pay $3000 & 17% royalty to people in Beaver County (Hanover, Raccoon, Independence Townships)
Just released this morning. Good news for all in the wet zone of the Play.http://www.chk.com/News/Articles/Pages/1610725.aspx The Buell 10-11-5 8H in Harrison County, Ohio was drilled to a lateral length of 6,418 feet and achieved a peak rate of 9.5 million cubic feet (mmcf) per day of natural gas and 1,425 barrels (bbls) per day of natural gas liquids and oil (liquids), or 3,010 barrels of oil equivalent (boe) per day;The Mangun 22-15-5 8H in Carroll County, Ohio was drilled to a lateral length of 6,231 feet and achieved a peak rate of 3.1 mmcf per day of natural gas and 1,015 bbls per day of liquids, or 1,530 boe per day;The Neider 10-14-5 3H in Carroll County, Ohio was drilled to a lateral length of 4,152 feet and achieved a peak rate of 3.8 mmcf per day of natural gas and 980 bbls per day of liquids, or 1,615 boe per day; andThe Thompson 3H in Beaver County, Pennsylvania was drilled to a lateral length of 4,322 feet and achieved a peak rate of 6.4 mmcf per day of dry natural gas.