Good news for Nolan County.
I saw that on another forum. It goes along with the eye raising offers I have been getting for my royalty share. I don't think there is anything they could offer me to induce me to sell.
Several Nolan completions in the Abilene paper of note, including the Abraxas well. Not 800 barrels/day as they originally reported, but 124/day isn't bad.
http://media.reporternews.com/media/static/OilReport2-17-13.pdf
None of the wells mentioned are in the Cline Shale. The Abraxas well is a Strawn Lm. producer.
That well may have been coming in at 800 when it started out. My hubby fracks wells. When a well is first put online, it has a lot of pressure behind it and it just flows. Later it has to be pumped and the output is lower. Some of the wells he has finished have been astounding.
Cyndye, are any of those wells near Mitchell County?
Diana, no, he works in the Eagle Ford.
Here's an article about pipeline activity going on in Mitchell County from the Abilene Reporter-News:
http://www.reporternews.com/news/2013/feb/22/company-wants-to-reactivate-pipelines-in-county/
If anyone can provide more info as to how I can find out more about my situation, please comment. I own 1/15 of mineral rights 422 acres aprox in nolan and coke co. Several cousins have agreed in principle to sell theirs to cambria energy (a reseller of royalty). I refused , thinking that leaves a lot on the table. I need to know how to protect my interests.
My lease location is section 205, block 64, jn walls and a 92 acre plot adjacent, in coke county. Any help is appreciated as I live in WA state.
You do not have to sell. As far as what you have to do to protect yourself depends on the type of mineral rights you own and whether there are any agreements with your cousins. Remember an agreement can exist in an old deed.
As many of you have seen, business activity is picking up in the region. Below is a link that will lead you to several great properties that are listed for sale in the Sweetwater area. Some of these properties include mineral rights. Message me if you have any questions. All are great options for someone looking to acquire land for their business or for themselves personally.
The following is a sponsored (paid) promotional notice:
If you own minerals in Texas or New Mexico, consider attending the NARO – Texas convention in San Antonio July 18-20, 2018. They have a great agenda, good speakers, and the cost is reasonable. This year also includes a special session for New Mexico mineral owners. The current agenda draft is attached, and a link to their signup and information page is http://www.naro-us.org/event-2824234
Attachment: 2018-04-30%20-%20NARO-TX%20Convention%20Agenda%20%28Hyatt%29%20invite.pdf
Do the topics of the Texas convention, such as "How to negotiate pooling," imply that mineral rights owners can negotiate on their own and don't need to hire an attorney?