Hello all,
Are minerals worth looking into in the northern part of the county? I am looking at some land around $1000/acre (roughly 60 acres) and the owner claims the minerals come with it. I will obviously be confirming that.
Looking on RRC GIS, I only see older wells in the area that are shallow. The bigger operators like COG, Diamondback, and XTO are in the more southern part of the county - closer to Ft Stockton. Is the northern part of the county considered played out? Are operators leasing land in the Imperial area? If so, what’s a rough number for NMA?
Thanks in advance.