Hi All,
My grandmother passed away in 09 and left her Texas mineral rights to my father a disabled vet. I’m trying to assist him in what to do next. Looks to be about 1100 acres in total in both Hood & Somerville county, Texas. I’ve read through the Mineral Help tab discussing the do’s and don’ts. I do not live in TX but my father does and so logistically it’s a bit of a challenge. How do we go about selling? Is that wise? How do we know how much it’s worth?
Thank you in advance.
Please give the description of the location of each parcel of minerals in each county. We can tell you if there is activity or production in the area. The minerals might be worth keeping or just selling a percentage if your Father need some money. Please provide the section, block and/or abstract numbers. And thanks for helping your Father.
Looks like its Abstract 926 in Hood County and 173 in Somervell County
There shows to be a plugged vertical oil well(30470) just to the North of A-926 and a dry hole(30106) just South of A-926 in A-173…to the East and Southeast are some Barnet shale horizontal gas wells drilled by BKV North Texas LLC and Diversified Production LLC…several of these wells are listed as ‘Temporarily Abandoned’…they were not very good producers
CLICK ON MAP TO ENLARGEThank you Clint! This is interesting information. Thank you for being so helpful and for the work in researching this for me! This may seem like a dumb statement now…but …Now what? What do we do with this information?
Hopefully someone on this Forum will know of a person/company that can assist you with an appraisal of these minerals and they will chime in…and thanks again for helping your Father.
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