Thanks Wade, AJ, and Clint for taking the time to provide this information. The links did not work for me using IE-10. Using the Legacy GIS map viewer on the RRC website, I can find the sections highlighted by Clint. Section 258 shows one plugged well; though there are many wells in surrounding sections. I see I’ve got some homework ahead of me.
Larry, Others will be better able to address well spacing. You can see from the sections around you that spacing can be tight. On your lease, be careful. In any other situation would you sign a significant business contract without having an attorney check it for flaws? There is no “standard” oil lease, and companies probably do not tend to have their legal teams draw up leases to benefit land and mineral owners.
Thanks again, AJ.
The Landman for the latest offer didn’t identify the company he’s representing. The previous lease with Sandridge was 1/4th royalty for 3-years at $300 per nma (with unexercised option to extend for additional 2-years for $300 per nma.) The current offer is 1/4th royalty for 3-years at $200 per nma with option for additional 2-years for $200 per nma.
I’m not taking this first offer without investigating more. Other family members with similar mineral interest live closer (I’m in Boston).
What is the drilling space in Texas? In Stephens County, OK, drilling space was changed to 640 acres (entire section).
Sorry the links didn’t work for you, Larry. I clicked on them after posting. Maybe they worked for me because I had already viewed them. What is the name of the company wanting to lease your minerals? Given that you are so close to existing production and that your minerals have previously been leased, I would think a 25% royalty would be almost a given. Even then, get an O+G attorney to approve any lease because the legalese is daunting. There is a online service which allows one to search many county records and print the pages at home/office for a fee. I don’t have the url handy, but can get it for you if you like. The county clerk in Gaines county could tell you if they participate. You might also look in the public records section of the local paper and request a copy of a lease from the Gaines county clerk.:
http://www.seminolesentinel.com/Content/News/Local-News/Article/Gai…
Oil and Gas
Mary Margaret Davis and Daphne Davis Rye to Reliance Energy Inc., oil gas and mineral lease W/200 ACS of the N/400ACS of Sec 54 Blk H D & W RR.
Qualia Childrens Family Trust, Charles R. Qualia and Mary Ann Qualia to Sheridan Holding Company II LLC, S/2 of SW/4, S/2 of NW/4 Sec 3 Blk A-28 PSL 160ACS.
Charles R. Qualia to Sheridan Holding Company II LLC, S/2 of SW/4, S/2 of NW/4 Sec 3 Blk A-28 PSL 160ACS.
Rosemary Kendall Geary to Elk Meadows Resources LLC, oil gas and mineral lease SW/4 Sec 21 Blk A-27 PSL; N/2 Sec 23 Blk A-27 PSL; N/2 and SE/4 Sec 24 Blk A-27 PSL.
Richard W. Kendall to Elk Meadows Resources LLC, oil gas and mineral lease SW/4 Sec 21 Blk A-27 PSL; N/2 Sec 23 Blk A-27 PSL; N/2 and SE/4 Sec 24 Blk A-27 PSL.
Byerley Partners LTD and Leons INc. to Elk Meadows Resources LLC, NE/4 and N/2 of NW/4 Sec 21 Blk A-27 PSL; W/2, SE/4 and N/2 of NE/4 Sec 22 Blk A-27 PSL; N/2 Sec 23 Blk A-27 PSL; SW/4 Sec 24 Blk A-27 PSL 1,280 ACS Gaines County.
Byerley Partners LTD and Leons Inc. to Elk Meadows Resources LLC, SW/4 and S/2 of SE/4 Sec 18 Blk A-27 PSL; N/2, S/2 of SE/4 and SE/4 of SW/4 Sec 19 Blk A-27 PSL; E/2 and NW/4 Sec 20 Blk A-27 PSL 1,155.61 ACS.
Henry A Felt to Elk Meadows Resources LLC, oil, gas and mineral lease SW/4 of Sec 21 Blk A-27 PSL; N/2 Sec 23 Blk A-27 PSL; N/2 and SE/4 Sec 24 Blk A-27 PSL.
Jackie R. Lawless to Elk Meadows Resources LLC, oil, gas and mineral lease SE/4 Sec 21 Blk A-27 PSL.
Lucy K. Schitt to Elk Meadows Resources LLC, oil, gas and mineral lease SW/4 of Sec 21 Blk A-27 PSL; N/2 Sec 23 Blk A-27 PSL; N/2 and SE/4 Sec 24 Blk A-27 PSL.
James Neil Cain to Elk Meadows Resources LLC, oil, gas and mineral lease E/2 and NW/4 Sec 20 Blk A-27 PSL; all Sec 24 Blk A-27 PSL.
J E & LE Mabee Foundation, JE Mabee, LE Mabee, Mabee, JE & LE Mabee Foundation, JE & LE Mabee Foundation, Mabee JE Foundation, Mabee LE Foundationa nd Mabee JE and LE Foundation to Elk Meadows Resources LLC, oil gas and mineral lease N/2 Sec 19 Blk A-27 PSL; SW/4, NE/4, N/2 of NW/4, S/2 of NW/4 Sec 21 Blk A-27 PSL; W/2, SE/4 and N/2 of NE/4 Sec 22 Blk A-27 PSL; all Sec 24 Blk A-27 PSL.
McCullough Trust, Edward A. McCullough, Edward A. Mc Cullough, Jane Lott McCullough, Jane Lott Mc Cullough and Mc Cullough Trust to Elk Meadows Resources LLC, oil gas and mineral lease SW/4 of SC 24 Blk A-27 PSL.
Willie May Snell, Patricia Ann Shillington and Joe Kelly Snell to Elk Meadows Resources LLC, oil gas and mineral lease SE/4 of SC 21 Blk A-27 PSL.
J. Douglas Cain to Elk Meadows Resources LLC, oil gas and mineal lease E/2 and NW/4 of SC 20 Blk A-27 PSL; all SC 24 Blk A-27 PSL.
Wells Fargo Bank NA, Walter Posey, Hallie Posey and Walter and Hallie Posey to Elk Meadows Resources LLC, SC 22 Blk A-27 PSL 640 AC.
I’ll bet it’s a good bet the Mabee Foundation didn’t sign an unaltered Producer’s Lease or give its minerals away.
AJ. Am working with attorneys on probates for other mineral rights. Will enlist them here. Also, cousin with same mineral interest is married to farm/ranch real estate attorney. THANKS.
Does anyone have a map that says what the api number is for property in gaines county sec 238 block G
Hello Jeanne,
The API # for Gaines County is 165.
GIS Map of your Gaines County Section 238/Block G and surrounding area:
Clint Liles
Thanks Clint… so would the full number be 165-238-32508?? I am just trying to figure out what the whole number is… Sorry, I am a little ignorant when it comes to reading the maps …I want to be able to look up the surface rights owner. Thanks
Good Morning Jeanne,
The # would be 165-32508 and this link would be for that well:
http://webapps2.rrc.state.tx.us/EWA/drillingPermitDetailAction.do?m…
Clint Liles
thanks!!
I think I am an NPRI owner to the S half of Section 22, Block A-22. I see an operating well on it and an injection well. They appear to be part of a larger unit (MEANS N QUEEN SAND). Does anyone know if NPRI owners get any compensation for injection wells? I get that minerals are not coming from the injection well itself, but if its used to benefit the whole unit, then it makes me wonder.
I am brand new to this group and to the forum, and I have a question. My family owns a fraction of the mineral rights to a section of land in Gaines County. These rights have been under lease from time to time, but not in recent years. Is there anything I can and should be doing to awaken some interest in the rights? Are there companies active in the area that I should get in touch with? Or should I just assume that anyone interested will manage to get in touch with me? Thanks in advance for any info.
Just got a request from Three Span Oil & Gas to lease some small interests in the S/2 of Section 15, Block C-31 Public School Lands. They are already leasing some acreage in the same section (Adair unit). They are offering $150/n.a. bonus, 3 yr primary term, 3/16 royalty. Anyone (Clint?) got an idea how these terms stack up at this time. (They were paying 25% a year ago up in Section 4.) Thanks!
Hello Andy,
I can’t help you there with your question. Maybe 1 of the Gaines County members will chime in with an answer. Hope you are well and if you are a Veteran ‘Thank you for your servce’ and thanks to all other USA Veterans for your service to our country.
GOD BLESS AMERICA
Clint Liles
I have been approached by a leasing agent to lease my mineral interest in Gaines County, Texas, NE/4, Section 15, Block C-31. They have offered a $150 per net acre bonus consideration but that seems awful low considering that Gaines County is pretty hot right now. Does anyone have an idea what a good ballpark bonus amount should be for that location?
Thanks for any help you can offer.
Neil Wright
Joe,
I don’t see any activity going on in your minerals area. GIS Map of Gaines County A-1054/Section 63/Block AX and surrounding area:
Clint Liles
What’s going on if anything in section 63 block ax pls. Just had an offer to lease my net 80 acres. Thanks. Many computer problems here so might respond or not to [email protected]. thanks and happy thanks day to all. Been under the weather for sometime. Later john
Aren’t there more than four new wells permitted within about a mile of Section 63?
Those permits are from the 80’s. There are some farther south for vertical drilling