Caddo Parish 4-Well MI/RI
Lot Number:3025
Start Time:5/31/2022 1:00:00 PM
End Time:6/7/2022 7:12:04 PM
Bid Count:41
High Bidder:5****0
Starting Bid:$100.00
Bid Increment:$250.00
Current Bid:$12,000.00
Bidding complete

This is a 4-well producing Mineral/Royalty Interest package.  All wells are horizontal.  PLUS 2 PERMITTED WELLS.

On March 8th, 2022 the Louisiana Department of Conservation received an application from Chesapeake Operating LLC for 2 additional cross unit Haynesville Shale wells.  The new wells lateral through Sections 2 & 11 Township 15 North Range 15 West with Section 11 being the subject of this sale.  One would expect the 2 new wells to mirror the two CLH 14&11&2-15-15 wells which are providing the bulk of income and production in this lot.  The application and lot are included in the data package; however, you can follow the process by logging on to and clicking the data portal.

The minerals in this package are located in Caddo Parish, Louisiana a few miles east of the Texas state line in the heart of the Haynesville shale play. There are 4 wells in two formations with Cotton Valley having 1 well and Haynesville Shale 3 wells. 

The 2 new Haynesville Shale wells were drilled from what is referred to as a super pad which is good but not a necessity since the unit is located out in the country in a sparsely populated area where future well locations should not be a problem. 

The winning bidder is getting some the best Haynesville production that there is and they'll see new wells drilled along with decades of future income. 

CLH 14 & 11 & 2-15-15- 1HC - API: 17-017-36361 (Decimal Interest 0.00001597)
CLH 14 & 11 & 2-15-15 2HC - API: 17-017-36362 (0.00001560)
Clingman Acres 11-15-15 H-1 - API: 17-017-34654 (0.00003776)
CV RA SU 149; AIRS ET AL 11 H1 - API: 17-017-35267 (0.00003273)

County:Caddo Parish
Operator:Chesapeake Operating, LLC
Monthly Net Income:$159.96
No donations for this lot

Welcome to BidEx!   This is Mid-Continent Energy Exchange’s proprietary on line auction platform.    Assets listed here are sold subject to the terms and conditions of the buyer and sellers agreements that must be executed before buying and selling.