Jo Leene, is this the same 10 acres you spoke of in another thread? If so, just tell them no and move on. I wouldn't sign a lease, I assume it is some kind of lease, for $125. It's not worth the trouble to read and/or negotiate and/or deal with any negative result of them coming on your property. They don't need access to your 10 acres to complete their work.
I totally disagree Boris. There is virtually "ZERO" damage to the property unless your property is considered as a percussion site which is a totally different lease and is done on large tracks of land and never close to any homes or buildings and pay if there are any surface damages. In this case from my understanding, the only damage is up to 8 small pins stuck in the ground in an approximate 8 -10 foot circle with 2 wooden stakes to mark the location of the sensors. When they retrieve the sensors, they remove everything so that the only noticeable damage is a few foot prints.
If your property is not included in the seismic readable area, you drastically lessen the chance of ever getting your lease drilled unless you are fortunate to be in the middle of a greater area the seismic reader zone. Also, the next time a company looks at the possibility of leasing your area, they look at how complete the seismic image is. If you don't allow them to do the seismic imaging on your property, then there is that chance that they will bypass your area for a complete image.
For the use of your property with such minimal damage as foot prints for less than a week and only 2 times that they will be on your property for such great knowledge, I do not understand why anyone would turn down a very reasonable offer.
2447-imagesCA5HIR2E.jpg (11.6 KB)See the image above "imagesCA5HIR2E.jpg," to see what a sensor site looks like. I will take a picture of one here in Brazos County this afternoon for you too.
Jo Leene, I would never sign a contract for such a small amout. Obligate myself for two days for $125? Oh Please! If you are not in the area of greater seismic exploration, then it's going to be an extremely small area they are looking at, if you look at it logically. I doubt they would jump out int the unknown to look at your 10 acres only. Apply some logic to the situation. I would not sign any contract that did not pay enough to have my lawyer look at it. I would have the very reasonable stipulation that I would be present whenever strangers were on my property and sorry, my time is worth more than minimum wage and the amount they are wanting to pay is less than the cost of my lawyer to draw up the addendum. Something else to consider is that the seismic company is not doing the work at cost, they intend to profit from exploring your land, alot more than $12.50 an acre. Points to ponder but the main one is I would not obligate myself to ANY contract for $125.
Curiosity RW, what is your profession and how much minerals & real property do you own and where? I see you posting in all parts of this forum from Montana to Texas and just curios of your expertise.
I am not above questioning by anyone but that is the type of question that should be prefaced with you providing all the information on yourself that you are seeking about someone else. You show me yours and I'll show you mine. Do you still want to know?
Bill Osborn said:
Curiosity RW, what is your profession and how much minerals & real property do you own and where? I see you posting in all parts of this forum from Montana to Texas and just curios of your expertise.
I own mineral rights in 219 counties in the State of Texas, along with minerals in New Mexico, Colorado, Wyoming, Montana Kansas, Nebraska, Oklahoma, Louisiana & Mississippi. I inherited a great deal of mineral but also acquired mineral over the past 40 years here in Texas. I have owned 7 different ranches and Co-Owner of 3 other. I worked my way up from Roustabout at the Superior Oil Company to driller & tool pusher then earned a Tech Degree in drilling fluid engineering {Mud Engineer} from IMCO {Div of Haliburton}. I was an engineer in the Overthrust {Wyoming, Montana, Utah &Idaho} during the 70's. In 1980 I owned a Drilling Fluid Engineering Company in Texas which I sold in March of 1986 for a huge chunk of change just before the bust. In 1988 I received BS in Computer Science. I am now retired from Texas A&M University after 20 years. I have managed mineral interest since 1974. Oh and I was a 10th grade dropout! LOL!!
I was just curios because you have post a great deal! You seem knowledgeable.
r w kennedy said:
I am not above questioning by anyone but that is the type of question that should be prefaced with you providing all the information on yourself that you are seeking about someone else. You show me yours and I'll show you mine. Do you still want to know?
Bill Osborn said:Curiosity RW, what is your profession and how much minerals & real property do you own and where? I see you posting in all parts of this forum from Montana to Texas and just curios of your expertise.
Bill, that is quite a resume. After highschool I became an automotive and diesel mechanic and later I was in building demolition until 1987 when I joined the Army and became a small arms repairer in 3rd shop direct support, honorabbly medically discharged in 92, I still have some metal bits in my right eye and achilles. I returned to being a tractor trailer and heavy equipment mechanic for a few years and I just was feeling dissatisfied and wanted something new so I became a framing carpenter which I actually found more interesting for a time and my tool expenses were alot lower. One day someone told me they were looking for construction plumbers and the pay was better so I made a lateral move to plumbing. This was something that interested me because it's a challenge to control water because water always wins in the end. I worked on Texas Motor Speedway, American Airlines Center, a few hotels, several schools, inside and outside the US. As much travelling as I did I was in a couple of auto accidents that took their toll and a slight twist and curvature in my spine didn't help any. I woke paralyzed one morning, luckily it wasn't permanent but recovery was long and slow. I am also one of those people on whom pain medication does not work, at least anything that would leave me even semi-functional so I did and do without and it has saved me a small fortune. At this time I had been getting offers from companies wanting to lease the mineral rights I had inherited In North Dakota and also under my home in Texas for about a year. I started trying to learn what I needed to know and I devoted 16 or more hours a day to doing so for two years and had the help of some fine people, Buddy Cotten and Charles Mallory will always have my thanks. With my wildfires under control, I started looking at other peoples problems that they brought up on the forum to see if my experience or my subscriptions to O&G comission online recorders network or even my law library subscription might be able to help. I learned alot from researching other people's problems, so much that I want to thank them for posting them here. Last year I inherited another Texas property with a sclool on it which my family had donated the land to the school district which no longer wanted the property. I and my brothers had such a small interest that I convinced them to deed their interest to a cousin who also had an interest so at least someone would have a visible benefit and something worth the effort. I leased my minerals under my home to Chesapeake because I was not drillsite or wellbore tract and the house was sold with minerals before Chesapeake started charging for everything but the kitchen sink and I believe I got more out of the minerals than the new owner will ever see. I presently own no minerals in Texas. I do own 40 net acres of minerals in North Dakota and control 80 undivided net acres in prime areas of Dunn and McKenzie counties spread out over 10 drill spacings. I presently am under 14 wells which I believe will become 16 after some title work is done. Eventually I expect to be under at least 100 wells, should I live so long. I am presently concerned with two lawsuits and I am well aware of their cost in time and money and this is why I recommend that nobody put their name on a contract that is worth so little it would not pay your lawyers fee to read it no matter what it is, cellphone contract, cable, electric provider, lease or seismic permit. My memory is not quite photographic but close and I am dyslexic. I have a diploma from the North Carolina State Board of Community Colleges, a GED.
Is this no longer a thread for new drilling permit links??? I am so discouraged reading through this unnecessary banter to see if drilling permits have been issued for a well where I have interest.
So Sorry Amy! We shall take it to a private conversation!
Amy Deaton said:
Is this no longer a thread for new drilling permit links??? I am so discouraged reading through this unnecessary banter to see if drilling permits have been issued for a well where I have interest.
Fwiw, I enjoyed the banter (especially the last bit where Bill (whom I personally know) and RW gave their bios. Gives this group a bit more of a personal touch.. :-)
Ob drilling - the GoAnna unit is now in a pending status. Hopefully they will actually begin drilling soon!
Completion Reports
http://webapps.rrc.state.tx.us/CMPL/viewPdfReportFormAction.do?meth...
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The GoAnna (and Galah) are interesting plats. I don't remember any 160 acre plats from Halcon in Brazos, and these appear almost next to each other with the same orientation. I was curious why they didn't put more land in these units. Do you know? Seems like they could have held more leases.
Congrats and good luck Chris if you're in the GoAnna!
Chris Barnes said:
Ob drilling - the GoAnna unit is now in a pending status. Hopefully they will actually begin drilling soon!
I recently entered into a lease agreement with halcon oil. I was not educated on the matter of surface rights or ownership. What might i have given up by not negotiating or paying special attention to surface rights?
Wes
Without reading your lease, it is really hard to say. On a good note, I have read Halcon's base lease from numerous mineral and surface owners and they actually have a well written lease which keeps in mind the needs of mineral right and surface right owners. Their initial offer of bonus and royalty percentage like every other company is low which gives them room for negotiation. Wes, Overall Halcon is a very good company which has drilled over 100 wells over the past 18 months in Brazos County with very few complaints. They drilled 8 wells within a mile or so of my home and were very concerned with the well being of all us who live close by. When they were Frac'ing a well across the pasture from my home, they put my family in two hotel rooms plus expenses due to the level of noise at night.
Wes, even with their base lease, I feel you will be pleased. When the well is finished, they will make the site well dressed, clean and with the least eye sore as possible.
Good Luck,
Bill
harold wesley gilmore said:
I recently entered into a lease agreement with halcon oil. I was not educated on the matter of surface rights or ownership. What might i have given up by not negotiating or paying special attention to surface rights?
Wes
Completion Reports
http://webapps.rrc.state.tx.us/CMPL/viewPdfReportFormAction.do?meth...
http://webapps.rrc.state.tx.us/CMPL/viewPdfReportFormAction.do?meth...
September 10, 2014
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http://webapps.rrc.state.tx.us/DP/drillDownQueryAction.do?fromPubli...
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http://webapps.rrc.state.tx.us/DP/drillDownQueryAction.do?fromPubli...
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September 11, 2014