AboutDavid Traugott Expertise I can answer questions related to the technical issues associated with the drilling and completing of oil and gas wells; very familiar with the cementing process and LWD tools. Limited knowledge of mineral rights and/or royalties.
Experience Twelve years working as an engineer in the industry both in the field and in the office. Field locations include offshore, land, and overseas. Office locations include Lafayette, LA and Houston, TX.
Organizations SPE, AADE, IADC, API, IEEE
Publications SPE Drilling and Completion Magazine
Education/Credentials -Bachelor of Science in Electrical Engineering, 1995
-Currently working on MBA, 2010 (anticipated)
Past/Present Clients Major and Independent Oil and Gas Companies.
Question TO WHOM IT MAY CONCERN,I'M HOPING THAT YOU CAN TELL ME THE GOING RATE PER ACRE FOR A GAS/OIL TOP LEASE IN BURLESON,TEXAS,ANY HELP WOULD REALLY BE GREAT ..
THANK YOU FOR YOUR TIME
Answer This depends on how much negotiating power you have and it is directly related to the size of your land and the activity level in your area (among other things). It is also related to the success rate of the wells in your area.
Ask around at your local coffee shop or at church; also, you can ask your neighbors what they got.
You can also research the wells database for your area at the TX railroad commission website below.
