Leasing near Gause

Looking for any info on recent leases near Gause. Seven miles south of Etoco's Spitfire producer.

Thanks

I did recently sign a lease in January for property near Gause but I would prefer to discuss specifics off list.

What's the exact location of Etoco's Spitfire well, it's depth, production details, etc.?

Thanks

The following is from the TRRC website.

IP was 1207bo, 1295mcf .

Their locator map etc. links to it.

Tracking No.: 41906

Status: Submitted (04/05/2012)
Operator Name: ETOCO, L.P. (255133) Type Of Completion: New Well
Field Name: GIDDINGS (BUDA) Completion or Recompletion Date: 02/10/2012
Lease Name: SPITFIRE UNIT Purpose Of Filing: Initial Potential
RRC District No.: 03 Well Type: Producing
RRC Gas ID or Oil Lease No.: County: MILAM
Well No.: 1H Drilling Permit No: 730565
API No.: 42-331-34090 Wellbore Profile: HORIZONTAL

There has been a good bit of leasing activity in the area. Both North and South of Hwy. 79 as well as in the Western part of Robertson County. XTO has been pretty active in acquiring acreage and like you cited, there have been some Buda wells permitted or drilled in the area. I wish people would post more on the activity they've heard about.

DMG said:

The following is from the TRRC website.

IP was 1207bo, 1295mcf .

Their locator map etc. links to it.

Tracking No.: 41906

Status: Submitted (04/05/2012)
Operator Name: ETOCO, L.P. (255133) Type Of Completion: New Well
Field Name: GIDDINGS (BUDA) Completion or Recompletion Date: 02/10/2012
Lease Name: SPITFIRE UNIT Purpose Of Filing: Initial Potential
RRC District No.: 03 Well Type: Producing
RRC Gas ID or Oil Lease No.: County: MILAM
Well No.: 1H Drilling Permit No: 730565
API No.: 42-331-34090 Wellbore Profile: HORIZONTAL

Is 25% royalty pretty standard?

25% royalty is very good, I’ve only heard of that high in some of the really active areas like the EagleFord. What kind of bonus was offered?

I understand where to look for permits on the rrc sire, but where do you find this info?

Thanks!

Lance

DMG said:

The following is from the TRRC website.

IP was 1207bo, 1295mcf .

Their locator map etc. links to it.

Tracking No.: 41906

Status: Submitted (04/05/2012)
Operator Name: ETOCO, L.P. (255133) Type Of Completion: New Well
Field Name: GIDDINGS (BUDA) Completion or Recompletion Date: 02/10/2012
Lease Name: SPITFIRE UNIT Purpose Of Filing: Initial Potential
RRC District No.: 03 Well Type: Producing
RRC Gas ID or Oil Lease No.: County: MILAM
Well No.: 1H Drilling Permit No: 730565
API No.: 42-331-34090 Wellbore Profile: HORIZONTAL

Go to the RRC main online research query page. Open Oil & Gas Completions. Click on Completions Query.

When filling in the Date/Submitted/Approved From and To fields the From date must be at least one day pror to the to date. I think you can only do a 90 day range at a time.

Fill in the other information according to what you are looking for.

Thanks!

DMG said:

Go to the RRC main online research query page. Open Oil & Gas Completions. Click on Completions Query.

When filling in the Date/Submitted/Approved From and To fields the From date must be at least one day pror to the to date. I think you can only do a 90 day range at a time.

Fill in the other information according to what you are looking for.