Yes… I am near that area as well Eric. If you look at the maps Falls City is in a “honeyhole” of good oil. So anyone in the area is in a good spot if they own the mineral rights… But you need a good lawyer for all the land improvements and restitutions to the land…trees… cleanup and ect. Luckily my uncle is a lawyer and he has handled all that and says he has it covered pretty much… now just waiting on the rigs… We have a well that is near our land and is supposed to come our way… but we will see, hopefully soon.
Medic thanks for the info. I am not a surface owner so the damage to the property doesn’t effect me. Who has your lease now and when does it expire?
lease is not signed as of yet… supposed to hopefully go through by years end. EOG is the company. They gave extremely good offer on everything… but lease amount is abit on low end after seeing other companies sell their leasese for 3K-5K acre… but royalty amount is great… my family is not greedy… so I dont think there should be any real hangups…
Medic,
I am curious... your lease will take till years end to complete (sign)? How many mineral acres does your family own?
Medic44 said:
lease is not signed as of yet... supposed to hopefully go through by years end. EOG is the company. They gave extremely good offer on everything.. but lease amount is abit on low end after seeing other companies sell their leasese for 3K-5K acre.... but royalty amount is great..... my family is not greedy.. so I dont think there should be any real hangups..
What map are you looking at Medic44?
No, what I mean Jason is I am hoping for my mothers sake that the lease is signed by then… not sure what is going on right now. I am not the rights owner… I hear most of this second hand, so I am not sure of all the goings on. Last I heard was possible signing by the company by years end and some work starting… Initially the company said it had an agreement that it would drill within one year of the contract signing… That would be great… they just need to start… but not enough rigs I suppose…
cant find the map I had seen, but there are others… the one I had seen had a huge spot in northern part of Karnes and our land sits right over it… Hope it pays off sometime… kinda stinks seeming that kind of money is sitting there and just needs a way to get to the top… but oh well. I keep it in the back of my mind… I just hope it comes soon for my mother, she needs back surgery bad… cant afford it right now.
Mr dvorin are you leasing the area?
Medic,
If your mother has not signed and is the mineral owner, then perhaps I could provide an opportunity to expedite an executed lease and drilling time table. Of course, a lot depends on amount of mineral acreage involved, etc...
Medic44 said:
No, what I mean Jason is I am hoping for my mothers sake that the lease is signed by then... not sure what is going on right now. I am not the rights owner... I hear most of this second hand, so I am not sure of all the goings on. Last I heard was possible signing by the company by years end and some work starting.. Initially the company said it had an agreement that it would drill within one year of the contract signing.. That would be great... they just need to start... but not enough rigs I suppose..
Eric,
I have been involved in leasing through the Eagleford and other resource plays as it allows me to partner in drilling with larger operators that typically do not JV/partner.
Eric Siebold said:
Mr dvorin are you leasing the area?
are you looking for land to lease, if so, what are you looking for?
Jason Dvorin said:
Eric,
I have been involved in leasing through the Eagleford and other resource plays as it allows me to partner in drilling with larger operators that typically do not JV/partner.
Eric Siebold said:
Mr dvorin are you leasing the area?
whats so special about the highlighted green area?
Jason Dvorin said:
Jason,
Can I get your contact information? My wife has property just north of the Lavaca/Fayette County Line near St. John that she is interested in leasing.
Jason Dvorin said:
Jason My minerals are a couple of miles northeast of Falls city
eja said:
jason is the green shaded near weimar tx in colorado county
Eja:
You may contact me through the messaging system.
Jason.
Does anyone have any information on what leases bonus’ are going for near Falls City, Karnes County?
I have some property in Dewitt County. Conoco is going to be putting a rig in my place. What sort of values can I ask for concerning them damaging my live oaks and improved land (coastal fields)?
Again, up-dating my own posting for Karnes County. My clients signed today for $6000/acre bonus - 25% royalty.