Does a lease expire if it is not producing?

Oil and Gas Leasing Help
1

I have an oil lease that I inherited from a family member. They signed this lease many years ago, before the year 2001. It produces a minimal amount. At what point does a lease expire? How would I find out if the well is shut in? Is there somewhere I can look to see if it is even in an area that has potential to produce more?

Thanks in advance for the help.

2

As long as the well is producing, the lease is still in effect. If you post the state and county and a location, someone on the forum may be able to point you in the right direction to look up production.

3

The location is in Loving County. It is in section 87, Block 33.

I want to know if Oxy still has a current lease since I have not received a revenue check since 09/2020.

Also, I received an offer from a company to purchase the mineral rights. Is there somewhere I can look and use as a reference to see if the price they offer is reasonable?

Thank you for your help.

4

You can access well information at the Texas Railroad Commision website using the GISviewer or online research queries,

5

I’ll try that. Thanks for the tip.

6

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