Thanks for updates! That’s great that they are getting permits for all of those. Ours is just south of I20 just to the east of C City–close to 208 and I20. Let’s hope they hit some big ones!
Woohoo! That is very close to some of our mineral rights.
My family had a letter from Devon this week notifying us that a survey crew will be staking a well location next week on my brother’s place near Lake Champion, W/2 Sec 89 Blk 26, which is is directly east of the Lake Champion Dam near Fisher Park. They say it may be several months before they drill, and no drilling permit has been filed as of yesterday.
I had just heard, that Devon just pulled permits and is drilling two test wells on Block 27, section 62 and 71, which is south on FM 1229, the old thompsen place accross from LK C-City, and the TXU plant, and then another two on 12 & 13 I think those were the numbers which is North of course…
Becky, That’s some good news!
My minerals are in Block 25, Sections 58, 63, and 64; and Block 26, Section 73 (all T&P RR Co Survey) I think they are southeast of Colorado City. Is there any activity in that area?
they are close to ours too, I just have this gut feeling, they are going to be here for a very long time, there were a bunch of Haliburton trucks in town, so that is good, and they are getting more investors for the pipeline, I remember when the Alyeska pipeline went accross the road from our property in Copper Center AK, it was awesome to watch…of course that was in 76 +…haha
That is great news for you all, sounds great I hope you get a good well.
The new pipeline article is in Colorado Record. That is a huge indicator that they are expecting something big. I have read oil company reports to stock holders some several years back. They can’t make empty promises to investors and be viable very long. They are telling investors this one is big. There are very close in estimates of how much oil is there. Very few dry holes!
No permits filed with Texas RRC yet.
Seismic data requires land based field crews and hardware on the ground. However, they don’t necessarily need seismic to define shale prospects - they can look at old logs from wells drilled and plugged long ago. Back then, of course, no one thought the shale could provide commercial production.
A well was drilled on our land in 1976. It was “dry.”. My dad and a young man doing the farming said they smelled oil. We are near Buford.
Rebecca: I was in Alaska from '76 - '79. I think I remember seeing Copper Center on my map as I was driving from Tok to Anchorage.
Thank you, and I hope you do as well.
Wish the price of oil would stop dropping.
My theory on that is so the oil companies, can lower the prices they pay for the lease bonus’s and to lower the price of equipment needed right now, I have a feeling once production is underway, the prices will go back up. Just a thought though.
When were there sisomograph done? Can it be done by airplane now? I know a relative in San Antonio with a pipeline said that there’re was to be a major pipeline run to Houston from Mitchell County.
Carol, somewhere on here someone said planes were flying over Mitchell county a few years ago.
I also heard that they can have equipment on the small planes and choppers as well to get data, at lease that is what Providence and a few other companies were stating. Interesting
Yes, our homestead was on the back side of Willow Lake, 13 miles south of Copper Center on the way to Valdez,…I was born in Anchorage, and we lived in Eagle River, while my father was in the Air Force, he was the pilot that landed the plane on the true North Pole, he is in the museum at Boing and the National Geographic, he was a game guide and a bush pilot, his name was Harold Turner…
Has anyone heard of LMD Energy? They have offered to lease the mineral rights I have (through my mother’s estate) in Mitchell County.
Don’t know what JB got but we leased for 600/acre with a 22% royalty for 3 years w/a 2 year option