Gasoline Prices, Oil Prices Tick Up
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Re: Gasoline Prices, Oil Prices Tick Up
do i need to go to aramco site? or is henery hub a JV?
jirqoadai- Posts : 8123
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Re: Gasoline Prices, Oil Prices Tick Up
Sabine Oil LLC which is a subsudiary of Enlink Midstream Partners LP owns Henry Hub. who sources say purchased it from Chevron Corp in 2014
jirqoadai- Posts : 8123
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Re: Gasoline Prices, Oil Prices Tick Up
Cause I know more than you about the operations and who really owns them .jirqoadai wrote:..........Hawk thinks the saudis operate Henry Hub, why?
It's very simple.
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HawkTheSlayer- Posts : 15814
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Re: Gasoline Prices, Oil Prices Tick Up
so who owns Enlink Partners LP?
jirqoadai- Posts : 8123
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Re: Gasoline Prices, Oil Prices Tick Up
i can too become part owner of henry hub by purchasing some enlink midstrean partners lp. you say the saudis hold a controlling interest in henry hub? why do you say that? when i go see who the top 20 share holders are, will i see sand carpet names? and as for citgo, i dont see where that money escapes our shores.
jirqoadai- Posts : 8123
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Re: Gasoline Prices, Oil Prices Tick Up
jirqoadai wrote:i can too become part owner of henry hub by purchasing some enlink midstrean partners lp. you say the saudis hold a controlling interest in henry hub? why do you say that? when i go see who the top 20 share holders are, will i see sand carpet names? and as for citgo, i dont see where that money escapes our shores.
Exactly! You know how proxies work . Thanks.
Matter of fact you're on the hunt for them all the time.
A little lease here. A little lease there.
A little lease always holds a stipulation that it can be sold for more money to a third party , big lease for more money.
These kinds of people are fucked here because no one in this family will ever lease oil royalties again for any amount of money .
Approached this week, again. $1000/acre/3 years/ 333/year but all monies paid up front. Full 1000 an acre. It didn't use to be like that. The lease company could bail out after one year.
Shit will never be the same here .
They'll never drill a well on the neighbors property again and kidnap/cutoff access to my property .
Screw a lease. They'll never have access to any surface area on this property again . And we'll settle for 100% royalty.
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HawkTheSlayer- Posts : 15814
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Re: Gasoline Prices, Oil Prices Tick Up
LA royalty is .225. i doubt any part of your property is within 330' of any contemplated well. you could also in lue of leasing them, swap them for an ORRI. theyd prolly give you 2k per acre, plus a 5% orri if the well was 330' close to you. if tou leased your rights, then theyd move the well way away from you. but if they owned the mineral rights, theyd get as much of the well bore under your property as humanly possible.
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