Can anyone recommend an attorney in Colorado City area for lease/deed work? Two might be better. If this violates forum etiquette, I apologize.
Thanks
Ty Wood in CC did a great job for us leasing our land. Best of luck.
Ty Wood has leased his own and parents land and seems to be fair with bbilling and is knowledge about leases.
For a general idea on the surface estate value, this site is helpful–at times:
http://www.landsoftexas.com/texas/land-for-sale/?county_ID=5959&…;
As for how much the mineral estate adds, who knows at this point?
Mr. Richardson, you sound far more knowledgable than me regarding minerals and drilling and, like you, I too hope there will be cooperation between the oil co in regards to the current leases. Clay, thanks for the link. I have looked at this site previously, but it only shows asking prices and not actual closed sales prices. This indeed can be helpful, but I was looking for more specific information in the area if possible. Thanks again for the help!
My cousin has also worked with Ty.
I recommend Ron Wetsel in Sweetwater. He is a board certified Oil & Gas Atty.
Diana, it’s actually Rod Wetsel.
Hi Mr. Richardson,
I don’t mind the intrusion at all. I leased to Devon and was aware that some of the nearby land was leased to both Firewheel and Laredo. I was able to get better royalty and paid up bonus terms with Devon and I was able to get more favorable surface and other terms as well. It is my understanding that the oil companies will buy each others interests in areas they want or trade this land for that, etc… in order to get an area large enough to drill. I was told this by a friend of mine in the oil and gas business and by on O&G attorney. Hopefully that is the case. Oh, east part of the sec. minus the southeast corner. Best of luck and let me know if you hear about anything going on nearby. Happy New Year!
Does anyone know roughly what acreage with mineral rights is selling for in the NE part of the county? More exactly cotton land N of I-20 between C City and Loraine? Thanks for any general or exact info anyone may have and Happy and hopefully Prosperous New Year to you all!!!
Thanks Robert,
I am aware of oil companies flipping, trading, working interest, dry hole money, and any number of ways to achieve their goals . I have had division orders with divisions down to thousandth of one percent. Later on in the development process, I figure there will be a lot of co-operation between the companies, but fot the onset and for simplicity reasons I am wondering if they won`t be more interested in drilling thier individual leases. Maybe, and I hope, I am wrong in thinking this.
The price of real estate in the area you ask about is going to depend a lot on how the Loredo well 4 miles east of us turns. I am anxiously waiting to hear the results.
Robert M.
A bit of intrusion into your privacy. Might I ask who you leased to? It is my understanding you have a mineral interest in Sec. 17, block 25 T&PRR survey. What part of the sec. My reason for asking, if the mineral rights are too divided up amoung the oil companys, with the advent of 7 to 8000 ft. laterals, it would be difficult for them to unitize enough area to drill a well. I own interest in sec.s 18 and 20 which are west and south of you, and I have leased to Loredo. The land south of mine are leased to Firewheel so as you can see, putting in an 8000 ft. lateral might be hard to do.
I’ll try again, as we’ve added new members. Does anyone share mineral rights with J.L. Davis, West Texas Gas, et al? Has anyone had any dealings with him or any of his corporations? He possibly has executive rights (incl. receiving leasing bonuses, and delay rentals) to some mineral rights that we share in Mitchell County. Thus far, he has refused to lease and will not give us any information re his intentions. If anyone can shed any light on possible agendas he may have, or ANY info re him, please send me y’all’s comments. Thank you, all of you!
Happy New Year everyone! Some of us, maybe all of us, remember the majors leaving! They are not coming back if they don’t see $ signs! I hope they are coming back! Hopefully, we all get some drilling on our interests in Mitchell county! Best wishes to all!
There is a great video on YouTube about fracking and about the whole drilling process. It is by Marathon Oil Company, and is about 6 1/2 minutes long.
Sec 19 Blk 13 H&TC, west of the Colorado River, about 6 miles S of Lake C City
I got them all to work.
That’s the rig on the Scharlach Location, taken from the cattle guard, so it’s pretty far away.
http://m.youtube.com/#/watch?v=VY34PQUiwOQ&desktop_uri=%2Fwatch… Hope this works.
