Chasing The Gas
I got an interesting postcard in the mail over the weekend. It concerns a public meeting to be held tomorrow about a new gas well in the Bear Creek Park area. It appears that after drilling down 1 to 1.5 miles they will go horizontal for up to 6000 feet to extract the gas, which means that it could potentially go under my neighborhood (the postcard just showed a circle with a 6000-foot radius from the well; it didn’t explain if they’d take a particular direction or not).
They also mentioned signing a lease for the drilling, which got me to wondering about mineral rights. It occurred to me that I had never really thought about them and I didn’t know if they were transferred to me with the house or not. It certainly wasn’t on any of the paperwork I signed (and I took another look yesterday to be sure). It appears that the drilling company knows something I don’t (we suspect that they used the county records to decide who to send cards to).
I guess I will attend the meeting to see what this is all about and whether I stand to get anything out of it. If anything I wouldn’t expect more than a few dollars, though, given the size of my lot. I’m certainly interested to know more about horizontal drilling and rock fracturing, though. Even if it’s 1.5 miles below me, I start to get a bit nervous when you propose to “fracture” the rock. The last thing we need is an earthquake…
August 7, 2007
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Posted by Aubrey Turner
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Hi,
We just went through the same thing in our neighborhood in Arlington. Luckily several energetic folks stepped forward and organized a neighborhood association. The gas company worked with the association to insure greater cooperation; in return they increased the signing bonus, improved the conditions/terms and upped the royalties. This is something you might want to consider doing, it really makes a difference in the long run