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Any geologists on line
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Dave    Posted 01-26-2004 at 18:56:34       [Reply]  [Send Email]
Have a question would there be any chance of natural gas being on my propery as there has 2 wells been bored and both had sulfur water. Now a company has contacted me wanting to explore for natural gas. Thanks

Hunter n NOLa    Posted 01-27-2004 at 05:22:44       [Reply]  [No Email]
I am a Petroleum Engineer (retired). The fact that wells that have already been drilled tested only water does not condemn the prospects of finding producible hydrocarbons. In fact, it could be a positive indication that there is a structure down there somewhere that looks promising on seismic reports. If there has been new seismic data taken within the last few years and they are planning to drill again could mean that new and improved data has indicated a good prospect. It could be deeper or just at another location. It's a good sign.

Dave Smith, Long winded    Posted 01-26-2004 at 20:01:11       [Reply]  [Send Email]
We have a gas well on our place. The big question is, who owns the mineral rights? If you own them you are in good. How much land do you own? If they find gas what do you get? Do they clean up any mess they make? What about piping it to you're house.
When they drilled here in 86 or 87 a engineer from them came to us. They were sure they would have gas. They offered us 150,000 cubic feet a year plus royalties. If you already have gas to you're home it will be deducted from you're bill. We asked if that would be enough for us and they doubled it. Should have had him triple it. We have the house and a small busniss in the barn and run over our alotment by about $250 a year. We pay well head price for any overage. Royalties run about $250 a year so we brake even there.You own the land but they own the well and have to maintain it and the main pipe line. We had to pay about $300 for the line to the house and the meter. We had to pay for plumbing the house etc and bought new furnaces, hot water heaters etc. It cost them $250,000 to drill the well and install thier lines. They have about 2/3 of a mile of line on ours. The well checker checks it at least once a week. I have gotten to know him quite well and have been happy with thier services. When they drilled I asked them to drill closer to the house on land that needed to be worked up. They said they wanted to drill farther back in case they got a good well and might want to sink another where it would be easyer to tie into the main line. The well checker told me they were considering doing that. They have 7 wells on the line above us now. They shut each one off once in a while to service the wells but it has no effect on our gas. I can't cut free fire wood as cheap as I can burn free gas. Go for it, you have nothing to loose and lots to gain. If you want more information and I can help don't be afraid to ask me.
Dave <*)))><

Ron,Ar    Posted 01-26-2004 at 20:15:51       [Reply]  [No Email]
Dave gave good advice, but remember this, in 1986/1987 there was an oil/gas glut. The price of crude was way down and natural gas not far behind. These are different times. Make sure you get the best deal possible, My dad is getting over 500 a year to lease his if they never drill the first foot. It's starting to really pick up, but like Dave said "who has the mineral rights"?
If you have none it could get ugly around there.JMHO

deadcarp    Posted 01-27-2004 at 06:30:42       [Reply]  [No Email]
they asked my buddy out west for permission to drill for oil - he right away said no - didn't want to mess up his field. so they drilled a slanted hole in the neighbors field, found oil, installed a neat rig that looks like an overturned wheelbarrow, fenced it in and royalties have paid his land and taxes off ever since. o well....

rhouston    Posted 01-27-2004 at 08:03:44       [Reply]  [No Email]
as far as I know that would be illegal here. you have to have the rights to a field of a certain size to make sure your not "stealing" from under the neighbors land.

Dave Munson    Posted 01-26-2004 at 20:00:19       [Reply]  [No Email]
That could be good. Some of the pumps for NG wells are darn loud but not all.

For some reason I am thinking you are in ok. Do you own the mineral rights? I recommend that you ask the question on the CWEI yahoo stock board. Smart, experienced NG experts from all parts of that industry there.

Ron,Ar    Posted 01-26-2004 at 19:59:00       [Reply]  [No Email]
If any of them guys from the "tractor tales" board are close by there is a definate possibility of natural gas occurring. :^)

dave    Posted 01-27-2004 at 19:03:28       [Reply]  [Send Email]
thanks for the comments and info, I will have to check the deeds but I think the mineral rights are mine. Maybe I can go to the oil barons ball with all them ewings from southfork

Jon(WI)    Posted 01-26-2004 at 19:14:18       [Reply]  [No Email]
That could be bad. Who owns the mineral rights?

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