The Bedford City Council is scheduled to vote Tuesday on a new ordinance that would allow gas drilling in the city.
Lease offers apparently are already drifting into the city. A Bedford homeowner living near Harris HEB Hospital, between Texas 183 and Highway 10, reports to Blogging the Barnett Shale that she's just received a lease offer from Dale Resources. Dale, acting on behalf of Chesapeake Energy, proposed a $2,000-per-acre signing bonus, $400 minimum, 20 percent royalty, 5-year term, and no surface access rights.
As neighborhood leasing has spread, Bedford officials began to debate whether to change the city's unusual ordinance that banned drilling. Thursday, the council scheduled the new ordinance for a vote at their regular meeting, 7 p.m. Tuesday at the City Hall. The ordinance allows drilling, but regulates it to protect the city's neighborhoods.
Blogging the Barnett Shale is also hearing that more lease offers are popping up elsewhere in Northeast Tarrant County.
A homeowner in the Smithfield Acres neighborhood, between Smithfield and Davis Boulevard, in North Richland Hills reports an inquiry from a land broker acting on behalf of Chesapeake. The Smithfield lots are unusual, about a half-acre in size. The broker didn't specify terms in his letter, but invited the homeowner to call back. Drilling is underway elsewhere in North Richland Hills.
And this just in from an S-T staffer who lives north of Broadway and west of Haltom Road in Haltom City: she reports a landman acting on behalf of Snow Oil Co. in Fort Worth dropped a letter in her mailbox Wednesday. It offered a signing bonus of $405 (she says she has a quarter-acre lot), with no specifics on royalty or term. The letter invites the property owner to come by Snow's office to sign up, and promises the bonus would be paid immediately upon signing.
(Photo: High school football at Pennington Field)