dallas: Money Ain't Everything - 04/09/08 05:52 AM
I recently spoke before another HOA group who was interested in becoming a group so they could negotiate a better lease for their minerals.  I definitely support their idea about joining forces. There is power in numbers, especially in the Number of Acres you can offer to a company.
However, there are many lease terms that can be equal to, OR GREATER THAN, lease bonus when it comes to long term valuation. 
If you live in nice area in a big home the amount of bonus you are going to receive from a gas operator to lease your 1 or 2 acre … (1 comments)

dallas: Condemned Land - 10/31/07 05:32 AM
Recently had a client, of another agent, call to see if I could give him some information about oil and gas issues.  Since some newspaper articles have been out about my backgroundin the energy industry I have been called upon by several different firms for energy issues.
Well, this guy was having a pipeline put in by a gas company and he wanted to know what the heck was going on.  The pipeline we going to take only about 2 acres out of a 26-acre tract, but those two acres included about 40% of his road frontage.  They were going to pay … (0 comments)

dallas: Show me the MONEY !!!!!!!!!! - 10/24/07 04:31 PM
Well, the leasing goes on. 
While people who already have leases and active wells are having trouble getting their checks (see past postings), the feeding frenzy for acquiring leases is getting stronger and stronger. 
I have been giving free talks to homeowner associations about the Barnett Shale.  Obviously, I am trying to get my name out there as a knowledgeable realtor, but I am also trying to educate the public about the O & G industry and how things work.  And it has obviously been working.
When the leasing began most people with a normal house lot were getting about $250-$350 per … (0 comments)

dallas: Oil and Gas 102 - 07/04/07 01:12 PM
Well, did anyone go in the backyard and pick up a rock to look at.  Being a geologist I am kinda partial to rocks and I do like to look at them once and awhile.  When you really look close they are amazingly intricate.
If you could break open a sandstone rock in your backyard and use your Super Vision you would see an intricate design of silica grains (little bitty sand grains) held together by something akin to cement.  This sandstone would be as hard as a rock (ha, ha) and looks very solid.  But down deep, at the microscopic level, … (1 comments)

dallas: Oil and Gas 101 - 06/20/07 10:55 AM
Do you think oil and gas flows underground in rivers and streams?  Don't feel bad, many people do.  The truth is that if you go outside and pickup almost any rock in your backyard you will be looking at an example of a reservoir rock for oil and gas.  With very few exceptions what you have in your backyard is an oil and gas producing rock somewhere in the world.
I wish the rivers and streams idea were true.  For one thing we would make bigger wells and another is that we would produce almost all of the oil or gas that … (4 comments)

dallas: Part of the land value is underground - 06/19/07 03:34 PM
I know that everyone is used to valuing a real estate deal by what they see
Location, Location, LocationThe SurfaceThe structuresWaterfront, etc.However, the people I am trying to deal with in North Central Texas have another item to consider when they are looking to buy land,  THE MINERAL RIGHTS.
Right now one of the major drilling booms in the country is happening right in the back yard (and front yard as well) of the people in Dallas, Fort Worth and surrounding areas.  Many know about it but many more do not.  That boom is the Barnett Shale, a very tight shale, that contains … (3 comments)

 

Ron Wilson

Southlake, TX

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Keller Williams

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