I have had offers for my NPRI interest in Reeves County but do not know what is a fair price. Please notify me of what is fair for areas in Section 4/blk c4 (361 acres); section 5 blk c4 (492 acres) and Section 16 C5 (640 acres). I might sell 1/2 my interest. I know there are tremendous horizontal wells all around these sections but I don't know the production. I read 880 barrels a day is an average well in Reeves. Please confirm.
thank you