What type of activity is going on in this area? Signing amount per acre? Royalty percentage? Any assistance would be appreciated.
thanks,
What type of activity is going on in this area? Signing amount per acre? Royalty percentage? Any assistance would be appreciated.
thanks,
Ichilly123, next door to the SW Steadfast Oil and Gas had a permit approved June 27, 2018 for a 5,200’ Horizontal well(API 115 33776). At this time I find no spud notification(begin drilling). That’s the only thing I see in that area on the GIS map.
GIS Map of Dawson County Section 84:
DOUBLE LEFT CLICK ON MAP TO ENLARGE
Clint Liles
LER, Re Bird and a few other companies are offering up to $300 an acre and 20 to 25% royalty.