bladz - that is some top quality fatwood! Is that from longleaf pine? I know that historically longleaf pine was plantation grown all across the south for naval stores - turpentine, pitch, etc. So it must produce a fair amount of the good stuff.
Out here in Commiefornia, it is hit and miss. Some species produce fatwood much more reliably than others (here Ponderosa pine is the best). Sometimes I can look around for a long time and find nothing, and then other times I happen across some good stuff almost by accident. And the suggestion to look underground is good - the best fatwood I have ever found was the roots at the very base of a large ponderosa that had fallen over. It gummed up my saw really bad.