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…
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