Help.....Seismic Work

houstoncutter

Well-known member
Joined
Oct 26, 2004
Messages
2,183
City & State/Province
S.E. Texas
First off, let me say sorry for not putting this in the right forum, but I know some of you are like me and dont really read a lot of the other forums. So here goes, they are wanting to do seismic work in my area. The best offer I have been able to get out of them was $25 a acre and $25 per shot hole. Would like to get opinions on this price from some of you, and what you have been able get. Thanks
 
My best advice is for you to consult with an attorney who is familiar with mineral rights.
And sign nothing until you have your attorney read it first.
It may cost you a few hundred but it could make you a few thousands or hundreds of thousands.
SL
 
Sir Loin said:
My best advice is for you to consult with an attorney who is familiar with mineral rights.
And sign nothing until you have your attorney read it first.
It may cost you a few hundred but it could make you a few thousands or hundreds of thousands.
SL[/quot


Their are very few mineral rights left on this land. Where I am in S.E.Texas has been drilled for oil before most of us were born... I am curious as to what other folks are gettin for the seismic work being done on their land, I will get an attorney involved if it comes to leasing
 
I have mineral rights on my land.

They did a 3D seismic with Vibroseis on my place a few years ago and paid me $50/acre. No shot holes (I'm surprised they are still using dynamite) and had to fill in the holes left by the trucks, fix the fences they went through, etc.

IMO you should take the seismic contract to your lawyer and let him put the wherefores and whereas$ in the proper order. Who is doing the seismic? Western Geo?
 
A friend of mine told me that he had leased his land to two different companies. He told me you could lease out each depth seperately. Is this right?
 
Re:
Their are very few mineral rights left on this land.
????????? Either you have the mineral rights or you don’t because you or someone else has sold them.

Re:
Where I am in S.E.Texas has been drilled for oil before most of us were born.
Sounds like you don’t even know if you have the mineral right to the property. You need to have a deed/title search done to find out if they have previously been sold.
And just because it was drilled years ago doesn’t mean there isn’t oil or natural gas there now.
Exactly why do you think they want to do the seismic work? Just to have something to do?

Re:
I will get an attorney involved if it comes to leasing
That may be too late if you sign anything to do seismic work and it includes your mineral rights, if you even have them, that is.
It seems for all you know, I may own your mineral rights. Are you located in Washington Co?
SL

Re:
He told me you could lease out each depth seperately. Is this right?
Your mineral rights go to the center of the earth and I see no reason why you couldn’t limit the depth of exploration on different contracts, unless your first contract had no limitations on it which would entitle the holder to ALL mineral rights to the center of the earth.
You could also limit what they are permitted to look for. Say just natural gas but not oil or other minerals. And you can require them to furnish you a copy of their seismic testing results also.
You can write anything into a contract you wish, as long as it is legal.
SL
 
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novatech":1hsop883 said:
A friend of mine told me that he had leased his land to two different companies. He told me you could lease out each depth seperately. Is this right?

Yes you can divide the mineral up to several different compainies. It can also be divided between many people. He may own 1/2, 1/5, or none of the mineral. Need to check the deed for that. We own alot of minerals from places that my grandfather use to own but the surface was sold off.

For example: Our family oil company has the minerals leased under one of our pieces of land from surface to 4K ft. Another company has it from 4K-9K ft. Another company just came in a did a 9K and down.

Because a producing well can hold the whole lease you should put in a clause that says after the 2yrs, 3yrs (what ever the lease is) that the minerals 250ft below the lowest producing well will become open. That allow other companies to come in and lease below another company. With the ways technology is getting they are going deeper and deeper. SOme companies want to go for the deep stuff and some don't. Don't limit yourself.

So here goes, they are wanting to do seismic work in my area. The best offer I have been able to get out of them was $25 a acre and $25 per shot hole. Would like to get opinions on this price from some of you, and what you have been able get. Thanks

I would constult a local attourney not only for the legal advice but they can also tell you what a going rate is for that area.

Texas A&M University has alot of info about leasing minerals on their site.

You have alot of rights... know them and take full advantage of them.

On our most recent lease we got $30/acre and $100/ shot hole.

They were required to test the water wells on the place before and after they vibrated and did the shots. Bothe can be very damaging to a water well.

They are resposible for fixing any problem with the water wells. Supplying water to the houses or facilities that were supplied water by the well, or paying for the family or what ever depended on the water from the well to live until the well is fixed. This all applies for X amount of time (set the time up in the lease) after they leave.

No jumping fences or messing with any fences for any reason. Leave the gates as they were when they came to it. No leaving any open even if there is a cattle guard and they are only running in for 2 seconds.

It has in the lease that the seismagraph people cannot use plastic flagging or the flags with wire on them. They can only use wood stakes with paint on them.

In our latest lease it has that they pay $250 per offence. They put two pieces of plastic flagging and it cost them $500.

YOu can also not put an amount and just let the lease terminate if they break something in the lease.

On a previous lease we had no dollar amount set for offences and we came out to the place one time and found 1 piece of plastic flagging tied to a weesatche. My father removed their lock from the gate and had our attourney send them a letter saying that they had broke the lease and could contact him and he would escourt them back on to the place to pick up their equiptment or they could contact him to lease it again. They contacted him and we made another lease with them that allowed them to come back on the property for 25 hours of bulldozing. Not a bad deal for a piece of plastic... but it was in the lease they signed. :D

When it comes to actual oil companies leasing you can put all kinds of things in the lease... that is another topic.

Make yourself well informed by what ever means necessary... especially by talking to neighbors. The more of you that can get together the better prices and such you can get.

[/quote]
 
Earl Thigpen":6tsxp4zq said:
I have mineral rights on my land.

They did a 3D seismic with Vibroseis on my place a few years ago and paid me $50/acre. No shot holes (I'm surprised they are still using dynamite) and had to fill in the holes left by the trucks, fix the fences they went through, etc.

IMO you should take the seismic contract to your lawyer and let him put the wherefores and whereas$ in the proper order. Who is doing the seismic? Western Geo?

They just leased our land that is close to yours Earl.... ;-) It seems that area is starting to get some action.

I hate when they come across with those thumper trucks. They are soo heavy they leave ruts when they drive and where they thump it packs the ground soo tight that when you go to disk or plow it will pop right out of the ground when you hit those spots.

I would just assume not have them go across the place... just let them run wires... no trucks.
 
Here is a little known fact that may be triggering activity in your area.
The Deep Hot Biosphere
Thomas Gold
1998 Copernicus 225pp £19.00/$27.00hb
On page 38 of this provocative book, Thomas Gold describes how he began "nosing around in the field of petroleum geology" only after establishing himself as an esteemed astronomer and physicist, and having been elected as a member of several prestigious learned societies. He would not recommend a scientist of lesser standing, "however brilliant", to propose the sort of radical theories summarized here. For Gold's thesis amounts to a total revision of much of the Earth sciences. If he is right, the consequences could be dramatic, not only for science, but also for economics and politics.
At the heart of the theory is the problem of the origin of hydrocarbons in the Earth's crust. Conventional wisdom has it that oil and coal are remnants of ancient surface life that became buried and subjected to extremes of temperature and pressure. Gold maintains that these deposits are not fossil fuels in the normal sense, but the products of primordial hydrocarbons dating from the time of the Earth's formation. He claims that over the aeons the volatile gases migrate towards the surface through cracks in the crust, and either leak into the atmosphere as methane, become trapped in sub-surface gas fields, or are robbed of their hydrogen to become oil, tar or carbonaceous material like coal. In other words, these substances are formed from the bottom up, rather than the top down. It follows that there must be reserves of fuel vastly in excess of the quantities that the gas and petroleum industry estimates.
When Gold proposed
this theory in the early 1980s, few scientists took him seriously. However, he did persuade the Swedish State Power Board to drill into a slab of granite fractured by an ancient meteor impact. Since oil is supposed to be found only in sedimentary rocks, it was a good test of Gold's theory. If gas is coming up from deep in the Earth, it might be expected to accumulate beneath the dense granite cap, and migrate slowly up through any fissures, perhaps turning into oil or tar. In the event, the prospectors did strike oil - about 12 tons of it. This was not enough to make the well commercially successful, but it did confirm that Gold was on to something.
It was not the Swedish oil that proved the most significant discovery though. Mixed in with the sludge at the bottom of the well, at a depth of over 6 km, was a large quantity of magnetite - a reduced form of iron oxide often associated with bacterial activity. After further investigation, Gold announced to the world that life exists not only on the surface of our planet but, in microbial form, deep inside the crust too.
The claim that the biosphere extends far underground was, if anything, even more heretical than the theory of upwelling hydrocarbons. At the time it was greeted with widespread scepticism. But I, for one, immediately found the basic idea plausible. As it happened, within a few years other researchers also obtained evidence for deep-living microbes, not only beneath the land, but also under the sea bed. Soon, microbes were being extracted from deep bore holes and cultured in the laboratory. Today there is no doubt that the underworld teems with life, as Gold asserted all along, although the precise extent of this subterranean realm remains uncertain.
Many of the deepest dwelling organisms are "hyperthermophiles" thriving at temperatures in excess of 90 °C, and in some cases these resemble the microbes that inhabit the regions around volcanic ocean vents. Gene sequencing suggests that these heat-loving sub-surface organisms are genetic hangovers - living fossils that occupy the oldest and deepest branches of the tree of life. The implication, with which Gold concurs, is that life began inside the Earth, and migrated to the surface only at a later stage, when the intense cosmic bombardment that accompanied the formation of the planets abated.
For Gold, the existence of the deep hot biosphere provides clear confirmation of his theory of upwelling hydrocarbons, which he believes provide the primary energy source for sub-surface life. Other researchers disagree. They accept that life exists below ground, but they think that either the microbes make a living from organic products indirectly related to surface life, or else they combine hydrogen and carbon dioxide directly into biomass.
Whichever explanation is correct, Earth scientists are slowly coming round to the view that life has played a major role in shaping the geology of our planet, including the formation of large-scale mineral deposits such as iron, zinc and even gold. Conventionally it is assumed that water is the key solvent involved, but Gold suggests that hydrocarbons suffusing the crust offer a more efficacious medium. As microbes strip out the hydrogen, so minerals are precipitated. He presents some evidence for the association of oil and gas deposits with metal ores.
Gold extends his theory to include such topics as earthquakes, gas eruptions from the ground and the formation of diamonds - the latter a long-standing mystery for geologists. I am not competent to judge the plausibility of these explanations, but they all hinge on the assumption that copious quantities of hydrocarbon gases are forcing their way up from the mantle. One superficial objection - that deep rock strata are so compressed they offer no pore spaces for the gas to occupy - is easily answered. If the gas is at a high enough pressure, it can prevent the pores being squeezed out.
A more serious objection is that volatile hydrocarbons would not have survived the heat of the Earth's formation from the solar nebula. Gold sidesteps this problem by claiming that the primeval Earth was not unduly hot. In this he is out of step with the prevailing theory that, shortly after its formation, the Earth was struck by a Mars-sized body that created the Moon from the detritus of impact, and ploughed on to form the Earth's core. This awesome encounter would have melted the Earth and driven off or destroyed any primordial water or methane. According to the favoured scenario, such volatile substances were delivered later by the impact of smaller bodies such as comets and asteroids, which coated the planet with only a thin veneer.
Whatever the status of the upwelling-gas theory, many of Gold's ideas deserve to be taken seriously. Because of the controversial nature of his work, he is often denied credit for the trailblazing research he did on the deep hot biosphere, the existence of which could prove to be one of the monumental scientific discoveries of our age. This book serves to set the record straight.
Author
Paul Davies is a physicist living in South Australia, and author of The Fifth Miracle: The Search for the Origin of Life (Penguin, 1998).

Think about it.
If Gold is correct, and I think he is, dry wells will probable flow again.
SL
 
I don't think they are going back into dry wells. With these new types of seismograph,(they can do 4D now), they can see further down and things that were questionable 10yrs ago can be more positivley identified.

Also wells that were considered no good because of making too much water are being re-entered or drilled because with the price of oil now they can afford to haul the water off wells and stil make money.

At the property that I talked about earlier we had shallow wells on it since the 70s. Then in the early 90s they came in and made some gas wells a little deeper. They ran some seismagraph lines a year or so later and really didn't find anything. We had no offers for leases or anything.

Now with in the last 3yrs when they came out with this latest stuff they found that there is some more oil and gas from 10K to about 12K.

That stuff has always been there it is just now they can see it and the market is making it more than worth while to try some of this deeper stuff. Their span of risk has opened up because of the amount of money coming in.
 
Thanks for all the information, hope I get a few more responses....We have a little bit of our minerals here, but most were sold off during the depression.... long before i bought the land. Seems like natural gas is what they are after here
 
houstoncutter":352s687x said:
First off, let me say sorry for not putting this in the right forum, but I know some of you are like me and dont really read a lot of the other forums. So here goes, they are wanting to do seismic work in my area. The best offer I have been able to get out of them was $25 a acre and $25 per shot hole. Would like to get opinions on this price from some of you, and what you have been able get. Thanks

I think that's the standard price around here for seismic studies. Have your mineral rights been leased yet? I had the seismic studies done here after someone leased the rights, but at my other place they did the seismic study way beforehand.

If you get on a good pool in the Bartlett Shale, you can do really well. I know a guy that's on nine different pools, and let's just say he doesn't have to worry about money. Just where to put it all.
 
novatech":2ukbnpkx said:
A friend of mine told me that he had leased his land to two different companies. He told me you could lease out each depth seperately. Is this right?

That is correct. My land is leased to 8000' but not after that. The zone of interest in my area is the Wilcox formation which is slightly above 8000'. A lot of shallow gas in the county.
 
Brute 23":zgakbt95 said:
Earl Thigpen":zgakbt95 said:
I have mineral rights on my land.

They did a 3D seismic with Vibroseis on my place a few years ago and paid me $50/acre. No shot holes (I'm surprised they are still using dynamite) and had to fill in the holes left by the trucks, fix the fences they went through, etc.

IMO you should take the seismic contract to your lawyer and let him put the wherefores and whereas$ in the proper order. Who is doing the seismic? Western Geo?

They just leased our land that is close to yours Earl.... ;-) It seems that area is starting to get some action.

I hate when they come across with those thumper trucks. They are soo heavy they leave ruts when they drive and where they thump it packs the ground soo tight that when you go to disk or plow it will pop right out of the ground when you hit those spots.

I would just assume not have them go across the place... just let them run wires... no trucks.

Our well was shut in two years ago because it was producing too much salt water. I have since leased it out to another producer who is getting it back on line. Seems there is an injection well about a mile away as the crow flies and they are going shunt the salt water to the injection well and the gas in the pipe line. It looks like it's going to work because we just got a first royalty check for about a weeks production in March.

The recent activity in Lavaca county (everywhere else too) is driven purely by the price of gas. There has always been shallow gas in the county but very small reserves. At $2.00/mcfm it didn't pay the majors to poke a hole to recover 10,000 to 12,000mcfm/day for a year or so. But at $7.00 to $13.00/mcfm everyone is anxious to drill and produce and I'm more than happy to get my share of the royalty.

And yes, the wells will recover somewhat because of the leakage from one reserve to another.
 
Earl Thigpen":1sdjkdhm said:
The recent activity in Lavaca county (everywhere else too) is driven purely by the price of gas. There has always been shallow gas in the county but very small reserves. At $2.00/mcfm it didn't pay the majors to poke a hole to recover 10,000 to 12,000mcfm/day for a year or so. But at $7.00 to $13.00/mcfm everyone is anxious to drill and produce and I'm more than happy to get my share of the royalty.

That is exactly right.

And yes, the wells will recover somewhat because of the leakage from one reserve to another.

When a well is shut in it will build up pressure again after time. The sands will seep a cetain amount. That is not considered production.
 

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