tag:blogger.com,1999:blog-3555233033952952657.post3094174227090542435..comments2023-11-02T09:34:58.512-05:00Comments on Bakken Shale: Austin 1-02H ProductionTeeguehttp://www.blogger.com/profile/11331850464011934960noreply@blogger.comBlogger20125tag:blogger.com,1999:blog-3555233033952952657.post-33375480156801260302009-08-29T19:45:00.212-05:002009-08-29T19:45:00.212-05:00Curious as to what 200 acres is worth in t28n r57e...Curious as to what 200 acres is worth in t28n r57e sections 27 28..<br />roosevelt county. what kind of lease terms could be offered to me.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-72371537980525931722008-08-27T08:41:00.000-05:002008-08-27T08:41:00.000-05:00Recently received a lease offer for $150/acre 3yr ...Recently received a lease offer for $150/acre 3yr term and 3/16% interest. Intend to counter for 1/4% and may try for $200/acre. Acreage is a little SW of Mark's in Williams CountyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-66545703770402396152008-08-15T13:40:00.000-05:002008-08-15T13:40:00.000-05:00I have 139 acres in Williams county T155N R100W Se...I have 139 acres in Williams county T155N R100W Sect 20, 21 and 22. Does anyone know what would the market is for this area on an oil lease? Got a call out of the blue and have not received an offer yet just trying to figure out what it is worth. Thanks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-41536563263178886262008-05-23T19:33:00.000-05:002008-05-23T19:33:00.000-05:00Whoops that should have been Williams County N.D.Whoops that should have been Williams County N.D.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-59341755955505095122008-05-23T19:30:00.000-05:002008-05-23T19:30:00.000-05:00We have oil rights interest in Williams County N.C...We have oil rights interest in Williams County N.C. that has recently been leased for $100.00 per acre .<BR/><BR/>What are the chances of actual drilling taking place on this land ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-23517181979259143712008-03-19T15:32:00.000-05:002008-03-19T15:32:00.000-05:00I note with much interest that EOG received a perm...I note with much interest that EOG received a permit on March 18 for a well in Section 2 of Clearwater Township.<BR/><BR/>EOG has leased most of the lands in Northwest Clearwater Township, Northern Redmond Township and all of Crowfoot and Sidonia Township.<BR/><BR/>This permit indicates EOG will soon do a wildcat to determine if their leases are worthwhile.<BR/><BR/>As a mineral rights owner in Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-74464981340360862702008-03-18T22:05:00.000-05:002008-03-18T22:05:00.000-05:00Thanks Ken. That year sure went fast. Larry, Davi...Thanks Ken. That year sure went fast. Larry, David, Roy and others deserve much credit for keeping this thing going recently. <BR/><BR/>Regarding Kiplinger: some of that info seems several years old, but regardless, I'm waiting for just one of these articles to speak current day reality and mention that despite sky high estimates of all the oil <I>in the ground</I>, the combined projected EUR Teeguehttps://www.blogger.com/profile/11331850464011934960noreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-79536491480509569532008-03-18T18:55:00.000-05:002008-03-18T18:55:00.000-05:00From Kiplinger Letter:By Jim Ostroff, Associate Ed...From Kiplinger Letter:<BR/><BR/>By Jim Ostroff, Associate Editor, The Kiplinger Letter <BR/><BR/>March 17, 2008 <BR/> <BR/>A new black gold rush is under way, this time in North Dakota. The potential payoff is huge -- up to 100 billion barrels of oil. That’s twice the size of Alaska’s reserves and potentially enough to meet all U.S. oil needs for two decades.<BR/>Until now, the obstacles to Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-27888147624589435542008-03-18T15:52:00.000-05:002008-03-18T15:52:00.000-05:00Happy First Birthday, Bakken Shale Blog!!! Thanks...Happy First Birthday, Bakken Shale Blog!!! Thanks, Teegue, for providing all of us this valuable resource.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-75848118624096235172008-03-18T11:09:00.000-05:002008-03-18T11:09:00.000-05:00EOG had been paying $6,000, but this number seems ...EOG had been paying $6,000, but this number seems to have risen recently to $10,000, at least for some copanies--this on crop land not pasture. Plus maybe $10,000 more if and when the well goes into production.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-49663586550589995932008-03-18T09:24:00.000-05:002008-03-18T09:24:00.000-05:00How much should a oil company be paying the land o...How much should a oil company be paying the land owner for the oil well site?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-40801875416392894832008-03-17T08:44:00.000-05:002008-03-17T08:44:00.000-05:00Another EOG well is off confidential status today....Another EOG well is off confidential status today.<BR/> <BR/>HERBERT 1-26H produced 32132 barrels in December 2007 and 26842 barrels in January 2008.<BR/><BR/>EOG operated wells that are off confidential status produced 242073<BR/> barrels in December 2007. There are several EOG wells still on confidential status that were producing in December 2007.<BR/><BR/>EOG had a good year in 2007.<BR/><Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-51969619069115068952008-03-16T08:49:00.000-05:002008-03-16T08:49:00.000-05:00to Anon. 12:48 most of the acres would be in the $...to Anon. 12:48 most of the acres would be in the $75.00-$100.00 area, 1/6th royalty, 5 year term, except the Mountrail stuff. That could be 400.00 with a 3/16th.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-84935142844256089642008-03-16T00:48:00.000-05:002008-03-16T00:48:00.000-05:00Scattered acreage...Townships 162 & 163 North Rang...Scattered acreage...Townships 162 & 163 North Range 97 West in Divide County<BR/>Township 158 North Range 88-92 in Mountrail County<BR/>Townships 157-159 North Range 102 West in Williams CountyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-87830319155635620102008-03-15T21:40:00.000-05:002008-03-15T21:40:00.000-05:00To anon. 5:33, depends on your acre location... ...To anon. 5:33, depends on your acre location... give the land discript. and I could give you a good idea what you could do on it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-64379013851600699782008-03-15T17:33:00.000-05:002008-03-15T17:33:00.000-05:00What kind of lease terms are being offered by the ...What kind of lease terms are being offered by the operators in Williams County, North Dakota? What's a typical primary term, signing bonus and royalty look like?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-58615090844324245312008-03-15T11:15:00.000-05:002008-03-15T11:15:00.000-05:00ND Oil hits record price of over $100.00 per Barre...ND Oil hits record price of over $100.00 per Barrel<BR/><BR/>Mar 15, 2008 - 04:06:25 CDT<BR/>By JAMES MacPHERSON <BR/>Associated Press Writer<BR/>North Dakota crude has climbed above $100 a barrel for the first time in history.<BR/><BR/>Lynn Helms, the director of the state Department of Mineral Resources, said prices for North Dakota sweet crude hit $100 a barrel on Tuesday, and $101.83 a barrelAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-31152270861531068742008-03-14T10:50:00.000-05:002008-03-14T10:50:00.000-05:00Thank you DavidI appreciate your inputJimThank you David<BR/><BR/>I appreciate your input<BR/><BR/>JimAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-67366775025963928552008-03-14T08:35:00.000-05:002008-03-14T08:35:00.000-05:00What I have heard is that if the water is clean th...What I have heard is that if the water is clean they can recover it and potentially use it in their fracing operations. Fracing uses a lot of water and its been a problem to get a consistent supply.<BR/><BR/>But if the water is brackish (salty) which it can be, it must be disposed of in an environmentally safe manner, and the best method is probably to send it back down a dry oil well hole. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-83580562652807311992008-03-14T07:44:00.000-05:002008-03-14T07:44:00.000-05:00Just curious, does BWPD mean water produced? If so...Just curious, does BWPD mean water produced? If so it appears that these well have a fair amount of water associated with them.Particularly the EOG Risan<BR/><BR/>https://www.dmr.nd.gov/oilgas/daily/2008/dr031308.pdf<BR/><BR/>Is this normal? what effect does it have on the operational cost of the wells?Anonymousnoreply@blogger.com