I definitely recommend MineralWare. It’s what we use. Great people. Very reasonable. Mineralware.com
Thanks, Lynn Hansen. Primexx will soon be finished with their 16 inch gas gathering pipeline network on the west and east sides of Hwy 17. Should be a lot more drilling over the next 6 months to a couple of years.
I’m looking for an easy to use software package for mineral/well monthly revenue etc. This topic may have been issued previously.
Thanks
jim
Hello Everyone,
My 3 brothers and I own 3.33 net mineral acres in the SE/4 of Section 136, Block 13.
In October a leasing Company offered us $2,200.00 per net mineral acre as a one-time signing bonus.
A 3 year paid up rental oil and gas lease.
A 1/4 royalty on marketable oil and gas for the life of the well.
We held out and have received other offers. Now the original leasing Company is offering $5000.00 per net mineral acre as a one-time signing bonus.
A 3 year paid up oil and gas lease
A 1/4 royalty.
Is this a fair offer?
Thanks for any help.
Sharon R.
Need help finding out what’s happening with 8 permitted wells. We own minerals & surface - Blk 57, Sec 3, PSL, A4560. Have been leased with Cimarex for a long time and understand from their landman that they have begun spudding these wells and will complete that process by year’s end. Can’t get good information as far as what the process is going forward. Have been on this forum for several years now and LOVE IT. Have learned so much but now that they are finally spudding, just would like some way to track things. What might we expect in the near future?Any help would be greatly appreciated!
Cami,
You are right !! The people at Mineralware are connected with the TCU Energy Institute. If they were not a great outfit, TCU would not be dealing with them.
Mike
Sharon
Based upon our experience, you can do much better.
John, why don’t you tell Sharon Rutan who you leased to? That might help.
Centenniel
Eddy county New Mexico Delaware Basin developments: December 9, 2017 Fort Worth energy startup expands its Permian holdings in New Mexico. “Chisholm Energy Holdings, a Fort Worth startup, is expanding its holdings in the Permian’s New Mexico Delaware Basin. Chisholm is buying an undisclosed amount of undeveloped acreage from Resource Rock Exploration. The land contains multiple horizontal oil and gas reservoir targets in the Bone Spring and Wolfcamp formations in Eddy County, according to a statement. Terms of the transaction were not disclosed. It is expected to close in January.” More at DallasNews.com. Look for more development in Reeves and Culberson counties near Dell City and Pine Springs, continuing down Hwy 54 to Van Horn and south of Van Horn on both sides of Hwy 90 and 118 to Kent. I TOLD you so…heh, heh!
Here you go, Sharon!
Give them a call and ask for the Landman that is in charge of the area where your land is located.
Phillips 66 and Enbridge Announce Open Season for West Texas Crude Oil Pipeline System. “Phillips 66 (NYSE: PSX) and Enbridge Inc. (NYSE: ENB) today announced an open season for the Gray Oak Pipeline. The Gray Oak Pipeline will provide producers and other shippers the opportunity to secure crude oil transportation from West Texas to the destination markets of Corpus Christi, Freeport, and Houston, Texas, with connectivity to over 3 million barrels per day (BPD) of refining capacity and multiple dock facilities capable of crude oil exports. Shippers will have the option to select from origination stations in Reeves, Loving, Winkler, and Crane counties in West Texas. The Gray Oak Pipeline is expected to have an initial throughput capacity of 385,000 BPD. Phillips 66 and Enbridge will evaluate expansion of the system beyond 385,000 BPD, depending on shipper interest in the open season. The pipeline system is anticipated to be placed in service in the second half of 2019.” More at PR Presswire.
This means MANY more pipeline rights of way across Reeves county lands.
Great Sharon!
Lawrence Rayburn,
thank you for the valuable information you give to us. I appreciate all you do for the Forum. You are a jewel…
Hey John… did you deal with Centennial directly or use a sandman working on their behalf…?
I’ll go w/ landman over “sandman”! 
Hey!
Thank you John and Charles.
I gave Centennial a call and they said they would be giving me a call back with an offer in a few days.
JT…we dealt directly with Centennial
Oasis Petroleum in $946 million deal for Delaware Basin land. “Oasis Petroleum has agreed to buy thousands of acres for nearly $1 billion in the coveted Delaware Basin in a cash and stock deal. The Houston oil producer said it would snap up 20,300 net acres in the West Texas oil patch from San Antonio explorer Forge Energy. The $946 million deal, expected to close in February, includes $483 million in cash and 46 million shares. Those acres in Loving, Ward, Winkler and Reeves counties pumped 3,500 barrels of oil equivalent a day in November.” More at Chron.com.