I leased land to petrohawk . They paid my bonus at the same time. $2000 an acre. The land is located in subdivision of section 44 block 57 township 3 abstract 3036 also section 46 block 57 township 3 abstract 3035. I was paid a bonus of $2000. Acre. Anyone know anything about this area?
Johnny
I’m also in a lease with Petrohawk on that same land. Maybe long lost relatives.
Johnny – you’re ~11.75 miles SSW of Orla… Petrohawk cerainly seems interested in your area. They are currently drilling (on their 118th day… abnormally long) a horizontal-permitted location (rig activity report w/e 3-16-12), 7.4 mi SW of Orla in T&P 58-T2S-48. Also, they have approved permits 7.4 miles SW of Orla in T&P 58-T2-48 (your section); 10.0 SW of Orla in PSL 45-3 and 10.0 SW of Orla in PSL 45-10. Also, a joint venture deal recently done w/Energen would encompass your area. Hope this helps. Later – Buzz
Stephen, my acres are A-3488, blk 2, sec 38, h&gn rr survey - 14 miles nw of Pecos.
Just an FYI - we have been offered $3000 to purchase our mineral rights last week, this week we are offered by another outfit $3500.00. Of course - that means selling - which I dont think we will ever do. Just wanted to share what is going on with the crew. Block C8-Section 25 NW/4
Kreg – that’s handy to know and the kind of information we need to share on this forum… thank you! Are you currently under lease… and if so, how many years left on the primary term and might there be an option for ‘2 years’ (more) as is so common in this area. TIA – Later – Buzz
Just sIgned lease in August with CWE - 3 years primary, 2 yr option. Of course I signed before being educated - so the lease options are not fantastic - but I think they are ok. Got two kids to put thru college - so the temptation to sell keeps creeping in - but we aint doing that any time soon.
==<… temptation to sell keeps creeping in - but we aint doing that any time soon. >==
Kreg – I can relate to that… although $3,500/ac is not an entirely embarassing offer, IMO. Later – Buzz
Scott – your location please… TIA – Later – Buzz
Buzz KiLL
Blk 13, Sec 308 you say? My family’s interests are in that area. We have an interest in 316 whose bottom left corner touches the top right corner of 208 and nearby we have wells in sections 325 and 326.
thanks Buzz
we have:
the west half of section 166 (A-1370)
Section 228 (A-1371)
Section 230 (A-1372)
Buzz, now I am totally lost. My land is Sec 8, Blk 55, T 4. I looked at the Glo texas and on that map I find two Blk 55. One is half in Culberson and Reeves. I think there was a third one south of Pecos. Can you help me find my land? Maybe some drilling and I don’t know about it. Help please…
Louise
Louise – we’ll find it but we need a little more information…
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do you have the Abstract Number, i.e., A-??? of A-???.
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if not, is it T&P BLK 55, or
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is it PSL BLK 55
Later – Buzz
Kreg, I received a letter yesterday as well offering to purchase my mineral interest for 3000.00 per net mineral acre. Think I’ll keep mine.
Scott
Buzz- I’m located at Sec 11 Blk 57 T7S abstract A-186 16.5 miles SW of Pecos, about 5 miles south of Kreg
That’s blk 54 not 57. Can’t type this morning
Scott
Scott – I have you located… at first I thought ‘Kreg’ was a town - HA! Kreg is ~13.2 miles SW of Pecos and you are ~16 miles SW of Pecos. May I assume you are under lease… probably w/CWE, like Kreg. Thanks for the info. Later – buzz
Good morning folks–We have two and one half sections of un-leased mineral rights to the south of I10 6-6 1/2 miles east of Balmorhea. Has anyone heard of any leasing activity in that area?
Folks – FYI, IHS describes complexity of Bone Spring oil play… not all that positive: