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Shreveport-Bossier City Bossier Parish, Caddo Parish, De Soto Parish
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Old 05-28-2012, 08:00 PM
 
4 posts, read 7,549 times
Reputation: 10

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Can anyone please tell me what's going on in the Sligo Road area, Red Oak Road, etc., concerning energy companies? I've heard that some people are actually having the companies place equipment on their land to drill for NG. I own several acres out there and am tempted to sell, but I live way on the other side of the US now. I need some eyes and ears out there. Does anyone have any experience with this?
Thanks!
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Old 06-03-2012, 09:26 AM
 
53 posts, read 116,195 times
Reputation: 37
You've missed out on the bulk of the shale energy land grabs, I'm afraid. I work for Chesapeake Energy, and we've backed off heavily on the dry gas production due to a national surplus that we helped build, and the resulting low natural gas prices. Now the national surplus isn't a bad thing, it's actually a good thing. In order to create a demand, you have to prove that you have the supply to keep up with the demand. Now a lot of CNG (compressed natural gas) stations are being built around Shreveport-Bossier and elsewhere nationwide, and Honda was the first major automaker to make a fully CNG-powered car. We just need more companies to follow suit.

But anyway, to answer your question, I believe the land grab is over but you could always call Chesapeake's local corporate office at 318-848-7000. They may just refer you to the Oklahoma City office, but at least you would be getting somewhere.

Again, I'm afraid you've missed out for now, but who knows. It's worth a try.
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Old 06-03-2012, 10:07 PM
 
4 posts, read 7,549 times
Reputation: 10
Quote:
Originally Posted by wastinaway View Post
You've missed out on the bulk of the shale energy land grabs, I'm afraid. I work for Chesapeake Energy, and we've backed off heavily on the dry gas production due to a national surplus that we helped build, and the resulting low natural gas prices. Now the national surplus isn't a bad thing, it's actually a good thing. In order to create a demand, you have to prove that you have the supply to keep up with the demand. Now a lot of CNG (compressed natural gas) stations are being built around Shreveport-Bossier and elsewhere nationwide, and Honda was the first major automaker to make a fully CNG-powered car. We just need more companies to follow suit.

But anyway, to answer your question, I believe the land grab is over but you could always call Chesapeake's local corporate office at 318-848-7000. They may just refer you to the Oklahoma City office, but at least you would be getting somewhere.

Again, I'm afraid you've missed out for now, but who knows. It's worth a try.
Thanks for the "insider" information. I wonder if I sell my land should I try and sell only the land and not the mineral rights? I have rights to both. Do you know of anything in development in the Red Oak area of Sligo Road?
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Old 06-05-2012, 11:41 AM
 
Location: Oklahoma
210 posts, read 399,691 times
Reputation: 84
Just hold on to it until the prices come back up.
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Old 06-05-2012, 03:14 PM
 
53 posts, read 116,195 times
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Quote:
Originally Posted by kyle450rider View Post
Just hold on to it until the prices come back up.
That's the best advice right there... because the prices WILL come back up and the rigs WILL return to the Haynesville.
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Old 07-01-2012, 04:27 PM
 
974 posts, read 2,062,635 times
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You can sell the property but retain the minerals for up to 10 years. If you don't get any O&G lease that produces a well, the rights revert back to the surface property owner. I'm sure there's some technicalities which may affect any of this so as a landman buddy of mine often says: consult a reputable/competent O&G attorney and spend a few bucks, it may be worth it in the long run. There's a forum called Go Haynesville Shale - all things pertaining to leasing, drilling, production and mineral rights where there's a fair number of knowledgeable folks ( and a few flacks, so beware) where you might get better intel on the subject than CityData.

My2Cents
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Old 02-22-2013, 10:22 PM
 
Location: Bel Aire, KS
532 posts, read 1,450,201 times
Reputation: 317
I've been wanting to get the certifications that it takes to be a landman but I'm in Kansas and have two kids to support so how do I go around finding jobs? I prefer to be doing the research at the court house but what other skills do I need to have? Currently I'm working as a 3 axis cnc router operator. Prior to that, a 5 & 6 axis cnc machinist with two certifications: Machining Technology and Composite Technology. I would love any info on this.
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Old 02-23-2013, 01:59 PM
 
974 posts, read 2,062,635 times
Reputation: 797
There are other forums to search on Haynesville Shale which might give you more specifics on that.
I'll PM you with more info.
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Old 06-06-2013, 11:10 PM
 
Location: Oklahoma
210 posts, read 399,691 times
Reputation: 84
It sounds like the US is going to start exporting Natural Gas. I keep reading/hearing about a new terminal being built in MS. If this is right then Natural Gas prices could potentially come back up and drilling would start booming again.
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Old 06-07-2013, 11:28 AM
 
Location: Denver
15,822 posts, read 23,873,804 times
Reputation: 11834
I sure as hell hope so.
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