Does anyone know the current lease bonus for a 3 year term in Gaines County?
The county is large. You might get a better answer if you post the abstract. Offers vary by location and intended reservoirs.
Thanks I figured that would be better. A-730, Block G, Section 404.
In my earlier and yet to be approved reply, I did not see that you had shared the location. Given that you are so near existing production, you may be able to command a higher bonus. Were you contacted by Sabinal or ?
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I don’t know. It’s someone representing “someone else” and they won’t disclose the other party. I don’t necessarily like that arrangement, but it has actually worked OK for me in the past….
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I received $750/nma west of you in Block A-9, near the New Mexico border in Feb.
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Thanks! That’s not far from mine, and that is very helpful!!
I see what you mean now–Sabinal is all around there!
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