Aces High Bulletin Board

General Forums => The O' Club => Topic started by: rpm on June 14, 2008, 11:12:38 PM

Title: Sad News From The South 40
Post by: rpm on June 14, 2008, 11:12:38 PM
Got home from work last night and checked my mail as usual. In the mailbox was a thick envelope from a company that wants to do a seismic survey of my property. What is a seismic survey? That's what they do to decide where to drill those nasty oil wells.

Woe is me! :pray
Title: Re: Sad News From The South 40
Post by: SD67 on June 14, 2008, 11:26:59 PM
you never know RPM, we may yet be callin' you Jed :D
Title: Re: Sad News From The South 40
Post by: rpm on June 14, 2008, 11:27:52 PM
Weeeeelllll dogies.
Title: Re: Sad News From The South 40
Post by: DiabloTX on June 14, 2008, 11:27:59 PM
RPM, did I ever tell you you were my bestest friend ever?
Title: Re: Sad News From The South 40
Post by: rpm on June 14, 2008, 11:30:17 PM
Get me Gene Krantz's white vest and we'll talk...
Title: Re: Sad News From The South 40
Post by: DiabloTX on June 14, 2008, 11:32:11 PM
Well, you WERE my bestest friend...you make Meatwad cry!
Title: Re: Sad News From The South 40
Post by: rpm on June 14, 2008, 11:35:40 PM
Well to be honest, that ain't hard to do.
(http://www.stefanipremiumfoods.com/images/foods/sausage_pizza_rgb_final.jpg)
Title: Re: Sad News From The South 40
Post by: SteveBailey on June 14, 2008, 11:36:41 PM
you never know RPM, we may yet be callin' you Jed :D

Nah, he's a lefty liberal, he can't make money off oil.
Title: Re: Sad News From The South 40
Post by: DiabloTX on June 14, 2008, 11:37:24 PM
Damn...look at all the lil meatwads buried in a sea of melting cheese on a pizza...talk about irony.

So, once they hit oil are you gonna sell Suzie?
Title: Re: Sad News From The South 40
Post by: rpm on June 14, 2008, 11:40:04 PM
Nah, he's a lefty liberal, he can't make money off oil.
Once again, you display your lack of knowledge Steve-o.
Title: Re: Sad News From The South 40
Post by: SteveBailey on June 15, 2008, 12:43:18 AM
Once again, you display your lack of knowledge Steve-o.

And once again, you take me too seriously.
Title: Re: Sad News From The South 40
Post by: LePaul on June 15, 2008, 01:34:37 AM
Swimming pools.

Movie stars.
Title: Re: Sad News From The South 40
Post by: DiabloTX on June 15, 2008, 01:42:03 AM
Ellie May!

Hell...Ellie will!
Title: Re: Sad News From The South 40
Post by: rpm on June 15, 2008, 01:45:59 AM
And once again, you take me too seriously.
Naa, I got it. I just forgot to use [sarcasm][/sarcasm].

Diablo, Suzi is safe. It may get pimped, tho.
Title: Re: Sad News From The South 40
Post by: Rich46yo on June 15, 2008, 05:58:22 AM
Got home from work last night and checked my mail as usual. In the mailbox was a thick envelope from a company that wants to do a seismic survey of my property. What is a seismic survey? That's what they do to decide where to drill those nasty oil wells.

Woe is me! :pray

Come and listen to a story about a man named Jed
A poor mountaineer, barely kept his family fed,
Then one day he was shootin at some food,
And up through the ground came a bubblin crude.

Oil that is, black gold, Texas tea.

Well the first thing you know ol Jed's a millionaire,
Kinfolk said "Jed move away from there"
Said "Californy is the place you ought to be"
So they loaded up the truck and moved to Beverly.

Hills, that is. Swimmin pools, movie stars.


Well now its time to say good by to Jed and all his kin.
And they would like to thank you folks fer kindly droppin in.
You're all invited back a gain to this locality
To have a heapin helpin of their hospitality

Hillybilly that is. Set a spell, Take your shoes off.

Y'all come back now, y'hear?.
 :rofl
Title: Re: Sad News From The South 40
Post by: storch on June 15, 2008, 06:49:33 AM
And once again, you take me too seriously.
liberals have no sense of humor
Title: Re: Sad News From The South 40
Post by: Shuckins on June 15, 2008, 06:50:33 AM
rpm....oil baron....and double-naught spie.
Title: Re: Sad News From The South 40
Post by: bcadoo on June 15, 2008, 07:55:02 AM
rpm....oil baron....and double-naught spie.

Only if he still has the mineral rights.  Not uncommon to own the land and not the rights.
Title: Re: Sad News From The South 40
Post by: uptown on June 15, 2008, 08:01:19 AM
Only if he still has the mineral rights.  Not uncommon to own the land and not the rights.

I have three properties that I own the land to but not the coal underneath. That's always bothered me.
Title: Re: Sad News From The South 40
Post by: storch on June 15, 2008, 08:03:34 AM
why would you allow that?
Title: Re: Sad News From The South 40
Post by: Reschke on June 15, 2008, 08:29:13 AM
It is not uncommon at all to not own the mineral rights to a property. It just means that they only pay you a smaller fee in order to access the minerals.
Title: Re: Sad News From The South 40
Post by: lazs2 on June 15, 2008, 09:23:55 AM
yep.. pretty common to not own the mineral rights especially on smaller plots of land.   Makes sense if you think about it.. someone owns a thousand acres and sells off 100 in the middle to a developer to build homes on little 5 acre plots..   If he finds oil on his land he gets into a legal issue with a bunch of little lot holders.

When I was a kid in LA we had an oil well at the end of the block... every one of the families on the block got some little check every month for their portion.

Now, where I live.. there is natural gas and most of the farmers do not own mineral rights or own full mineral rights (whatever that is) so they get a check that is nothing like the drillers.. they get a little more if the well is actually drilled on their property.

lazs
Title: Re: Sad News From The South 40
Post by: Meatwad on June 15, 2008, 09:44:31 AM
Well to be honest, that ain't hard to do.
(http://www.stefanipremiumfoods.com/images/foods/sausage_pizza_rgb_final.jpg)

I'll forgive you if you strike oil :)
Title: Re: Sad News From The South 40
Post by: wrongwayric on June 15, 2008, 10:53:52 AM
On the serious side, do you own the mineral rights on your property? I'd be checking real quick before i let them do any searching on my property. If you don't own the rights then if they discover something your left out. :(
Title: Re: Sad News From The South 40
Post by: CptTrips on June 15, 2008, 11:00:09 AM
Since you've mentioned before you had oil wells on your property I'm going to assume you have at least partial mineral rights.

However in Texas it is not at all uncommon for for land owners not to have their mineral rights.  And at least in Texas, mineral right USURP surface rights.

To fully understand what this means, image I've purchaced a nice little plot of land for a quiet weekend getaway, with a nice view, built a cabin and am all settled in.  But when I purchaced the land I didn't get the mineral rights.  All of the sudden one day, I'm sitting on my porch drinking a beer and trucks and bulldozers pull on to my land and start bulldozing a a rig pad.  They could put the dang thing right in front of my cabin and there is not a dang thing I coud do to stop them.  Mineral right OVERRIDE surface rights.  Somewhere some dork is getting rich off a well while I'm screwed and I won't get a dime (Well you will get a one time compensation for property damage but no royalties).  :huh


Wab




Title: Re: Sad News From The South 40
Post by: rpm on June 15, 2008, 11:06:51 AM
Just to clarify, yes I do own the mineral rights. :aok

Say, which of these do you think looks better on me?
(http://www.completelybonkers.co.uk/images/smi2%20pimp%20black%20white%20lepstyle%20print.jpg)(http://www.completelybonkers.co.uk/images/smi2%20pimp%20purple.jpg)
Title: Re: Sad News From The South 40
Post by: Bronk on June 15, 2008, 11:13:02 AM
Just to clarify, yes I do own the mineral rights. :aok

Say, which of these do you think looks better on me?
(http://www.completelybonkers.co.uk/images/smi2%20pimp%20black%20white%20lepstyle%20print.jpg)(http://www.completelybonkers.co.uk/images/smi2%20pimp%20purple.jpg)

Better on you...... definitely the purple. ;)
Title: Re: Sad News From The South 40
Post by: SteveBailey on June 15, 2008, 11:15:44 AM
Go with the purple, it more clearly screams "ghey"     :aok

As if the white outfit isn't ghey enough.
Title: Re: Sad News From The South 40
Post by: CptTrips on June 15, 2008, 11:20:23 AM
Just to clarify, yes I do own the mineral rights. :aok

Say, which of these do you think looks better on me?
(http://www.completelybonkers.co.uk/images/smi2%20pimp%20black%20white%20lepstyle%20print.jpg)(http://www.completelybonkers.co.uk/images/smi2%20pimp%20purple.jpg)


I think they are both "you".

You mentioned that your current well were going dry.  Are they looking for gas?

I have 15ac southwest of Ft Worth.  I'm just at the Western edge of the Barnett Shale.  I just signed a gas lease.  Don't know if they'll ever drill or not.  They maybe just buying up leases because they have money to throw around right now.

Good luck. 

Wab

 


Title: Re: Sad News From The South 40
Post by: rpm on June 15, 2008, 11:36:54 AM
I'm sure they are searching for or mapping the Barnett. If you have signed a lease, it's more likely than not they will drill. They are going to frac the Barnett like there's no tomorrow.
Title: Re: Sad News From The South 40
Post by: Meatwad on June 15, 2008, 12:33:36 PM
Heres a pimp car for your pimp clothes

(http://www.extremefunnyhumor.com/pics/asianpimp.jpg)

Or this one. Note the lights on the sides of the car (Escape from New York, 1981 movie)

(http://www.prisonflicks.com/images/ENYDukesCar.jpg)
Title: Re: Sad News From The South 40
Post by: AWMac on June 15, 2008, 01:16:54 PM
Hell every other week or so we get free Beef here in Oklahoma...well after the storm passes and we rack it outta the trees.  Only during tornado season.

Mac
Title: Re: Sad News From The South 40
Post by: Shuckins on June 15, 2008, 01:49:08 PM
Well, whaddya know.  RPM is actually Zorro, the Gay Blade!