Wondering about activity in this area of Eddy County. Section 17, T22S, R27E, Own about 1.5 net mineral acres. We’ve received recent lease and purchase offers on our rights. Trying to make wise decision.
Welcome to the forum. I moved your question to Eddy Co, NM (there is more than one state with an Eddy County.)
Given that the sections just to the east of you in 15/16 has four permits and 21/22 has another four permits and the sections to the north of you have permits, someone knows something. You section is open for drilling. If it were me, I would lease (and get a good oil and gas attorney to review the draft lease. ). The buyers want the revenue from new pending wells.
Thank you. I appreciate your response and the information. Since I no longer live in Carlsbad it’s good to be able to get information about what is going on.
Welcome neighbor! I grew up in Hobbs!
Who knew there would be this much activity after we left.
Don’t sell your mineral rights.
Hi! I also have mineral rights on about 1.5 acres in Section 17, T22S, R27E. Got a lease offer back in June but didnt think much of it because the ownership had just transferred (thought it was one of those things ppl send out to any newly recorded owner). Turns out they were serious becuase I just got notification of Alpha Energy Partners application to compulsory pool all uncommitted mineral interests. Did you end up leasing or did you get the notification too?
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