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Drilling gas wells
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<blockquote data-quote="J&amp;amp;T Farm" data-source="post: 420586" data-attributes="member: 2314"><p>Well they leased the minerals almost 4 years ago, this is the second round of seismigraphing. The first round was 2D and now they are doing 3D. They told us when they came thru the first round that with our land there could be up to 4 wells on us. The woman that did the permission for testing said they are looking at 6 to 8 wells in all the sections in our area. Who knows for sure. They do have a pipeline headed our way. </p><p> One of our friends has 16 acres and 1/8 royalties his lease is the same as ours. He has 2 wells in his sections and he has been getting a check for a little over a year. It is still between $1100 and $1200 a month. It did go down a little after about 6 months it started out at $1500 a month. I thought that was real good for 16 acres.</p></blockquote><p></p>
[QUOTE="J&T Farm, post: 420586, member: 2314"] Well they leased the minerals almost 4 years ago, this is the second round of seismigraphing. The first round was 2D and now they are doing 3D. They told us when they came thru the first round that with our land there could be up to 4 wells on us. The woman that did the permission for testing said they are looking at 6 to 8 wells in all the sections in our area. Who knows for sure. They do have a pipeline headed our way. One of our friends has 16 acres and 1/8 royalties his lease is the same as ours. He has 2 wells in his sections and he has been getting a check for a little over a year. It is still between $1100 and $1200 a month. It did go down a little after about 6 months it started out at $1500 a month. I thought that was real good for 16 acres. [/QUOTE]
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