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Oil & gas discussion group for those interested in Gonzales County, TX. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.
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Latest Activity: 3 hours ago
Started by William Reed Moraw. Last reply by Seth 3 hours ago. 235 Replies 2 Likes
We just leased our property off FM 2814. If anyone needs any information about rates, terms, our experience, etc. please let me know. Thanks.
Started by Ruben Tamez. Last reply by Sonia Hinkle 5 hours ago. 1 Reply 0 Likes
Our company, Avanza Oil, LLC has allocated funds to invest in the oil/gas exploration & production,Do you know if there is a database of Mineral Rights available at the Eagle Ford Shale mainly…Continue
Started by Charles Harris. Last reply by Seth Apr 17. 10 Replies 0 Likes
Anyone know of any leasing activity in this area. Have 32+ unleased acres and Aunt has same. We were approached by Divine Resources, but we declined. CHContinue
Started by Darlene Bading Cook. Last reply by Anthony (Tony) Jackson Mar 12. 2 Replies 0 Likes
I inherited a small protion of non-participating royalty interest in a tract of land in Gonzales county, B.Lockhart survey A-36.I signed a ratification with EOG last year and have heard nothing from…Continue
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Hi, Seth, the "go in unit" information came from someone I talked to at Mitchell Petroleum Land Services; but, I haven't been able to get any more information from them. Thank you for your help.
Nancy, is go "in unit" from a notice (letter) of sort? Could this mean "unitize"? Whereas, a unit will bring together others who own land/minerals to "unitize" with another in a "pool." Thereby, the operator is paid by the gross production and the mineral interest is paid according to their percentages. I said that because we are unitized by 547.71 acres, whereas we are paid according to the percent and only on the 185.3 acres, because the other acreages belong to the others of that same unit/pool. Let someone else take a shot at this one, because this is EOG and they have their own terminology!
Last year my sister, brother and I signed oil, gas and mineral leases with EOG. We have mineral rights only and do not own the real property which is located in Gonzales County in the Peter Winn A-464 and G.W. A-380 Surveys (parcels 10014, 10002 and 8536). I have been told that the lease will go "in unit" in June. I'm not familiar with the process involved in developing a well and would appreciate any information that I can get on what going "in unit" means.
Who can trace mineral rights in Gonzales County from 1968?
Thanks, M. Ellis
Comment by Ray Kruciak on March 19, 2013 at 2:04pm Charlie,
I, personally haven't heard no more or less than anyone else, but that Jill had moved bonus to January 2013, instead of December 2012. This is DR's 3rd or 4th attempt at these proposals and events, however I'm not sure where her core concenstration, other than an educated guess, NE Gonzales County! Again, this is all I can say at present.
Hope everyone had a safe and very Happy New Year. After moving here from Houston, it is still a little hard to get used to the quiet sometimes. I was wondering if anyone has heard back from Divine Resources on their funding. Back in November, they were at "99%", early December, at "99%", and were looking for an operator. Just curious about what is going on with them as they were working my area. My oil & gas contacts have all said that their companies had slowed down till the end of the month, when leasing should start picking up again. Thanks, Charlie
Eric,
Thanks for the reply.
I believe (speculating) that EOG has leased the bulk of the mineral interest on said 154 acres. Landman told me they are trying to put together a unit for immediate drilling. Not sure how much of a sales pitch that was but the drilling is definitely moving towards us since we are right in the sweet spot.
I've done tons of research and the offer sounds like a low-ball deal for land in the heart of it all. Maybe they figure my ignorance would have me jumping at their offer?
Mike,
You can contact me @ 210-562-0688. I know of some companies that are leasing in that area and paying more then that. Feel free to contact me at anytime.
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