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Gaines County, TX - Oil & Gas Discussion

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Gaines County, TX - Oil & Gas Discussion

Anyone with mineral interests in Gaines County Texas or interested in the area's petroleum industry activity is welcome to participate. 

Members: 147
Latest Activity: 3 hours ago

Discussion Forum

Expired Lease

Started by Murray Hart yesterday. 0 Replies

I have two questions. I have 60 NMA in Block G, C & M RR CO survey, Abstract A-1620 that was leased by a small Houston based company. It was a 3 + 2 year lease. That was over three years ago and…Continue

Mike Malone: Gaines County Block G/Section 168/A-746

Started by Clint Liles. Last reply by Clint Liles on Monday. 2 Replies

Well 165-33119////Dry hole--…Continue

Fair price for sale of mineral rights

Started by Melinda Jones. Last reply by Diann Price on Friday. 15 Replies

 My brother and I have the mineral rights to possibly 640 acres in Gains Co.  Someone has offered to buy our mineral rights.   How do I know if they are offering a fair price?   Thanks MelContinue

Exa Kaye Luman:Gaines County Section 2 & 3/Block A12

Started by Clint Liles Apr 4. 0 Replies

Kaye,There are numerous producing vertical oil and gas wells to the South, Southwest and Southeast of your 2 sections.   Some of these wells are 10 years old and still doing fairly well.   The 4 blue…Continue

Comment Wall

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Comment by Donald Skotty 3 hours ago

Gaines%20County%20Block%20A9.JPG I recently leased in Sections 12 and 14, Block A-9 Gaines County to Adobe.  The attached map shows approximately 40 contiguous sections along the Lea and Gaines County line where Adobe has leased over the past 12 months.

I received $525/acre for 3 years 25% royalty and my own lease form, although the market value language for oil was effectively gutted.  Adobe uses Stephens Leasing Services for their leasing.

Comment by AJ 13 hours ago

Thank you for the update, Judy. Might other options be that there is watchful waiting for well results or possibly cash flowing (from existing production) new lease acquisitions?

Comment by Judy Cambern 15 hours ago

@AJ, just found out today, the people that sent their lease to Lumberjack before getting payment arrangements set up first, has now been put off for another five weeks.  I guess Lumberjack may be having trouble flipping this one. 

Comment by William G Terry Jr yesterday
Section 39 Block H,just leased 10 acres @$700 net acre 1/4 3 years 2 option. Any thoughts or info.would be helpful
Comment by Michelle Osborne on Sunday

No, Judy, I really haven't had time to do any investigating on the activity in this area, but it's certainly on my to-do list.

Comment by Mike Malone on Sunday

I would like to find out if I can get information on an old drilling site that was on our land many years ago.  The well numbers are 33119 and 32705, on Block G, Section 168 and was marked as a dry hole.  I noticed property to the west and South of us also had some dry hole locations but also right next to them were marked as oil.  I am thinking some of the early dry holes were using old technology and the oil close to them were using newer technology.  Or maybe some other reason.

Comment by Mike Malone on Sunday

We have leased our minerals on Block G, Section 168 if anyone has any information about drilling in that area.  Our lease is with CSC Interests, Inc in The Woodlands, Texas.  We leased for $350. an acre for a 20% for 3 years with a option for 2 years.  If they drill and hit oil, they have to drill 2 wells per year until the property is at capacity.  I had never heard of the company, but was happy to lease the land again.  It had been out of lease for a couple of years.

Comment by Judy Cambern on Sunday

Oh gosh Michelle that is awful.  I'm sorry for the loss of your husband and imagine you could have used the bonus money.  Do you know if they have ever permitted a well or if any other company has drilled on that acreage?  Sounds like you might need advice from a  good attorney.

Comment by Michelle Osborne on Sunday

Judy and AJ, back in September, my husband signed a lease for 640 acres in Section 388, Block G, A-877 in Gaines County with DSD energy resources. It was supposed to be a three year lease, no renewal option, 25% interest and $225 nma.  They have never paid this bonus.  My husband has since passed away, but when I questioned their representative, I was given some lame excuse which, quite frankly, I don't even remember.  I still have the original documents.  So, I don't know what's happening in this area, but there seems to be an awful lot of speculation going on.

Comment by Judy Cambern on Sunday

I do appreciate your offer to look the person up on file.  At this time, they said they would prefer not to give out their name on this forum or even in private.  I think they may be embarrassed at the way they handled it because they were so anxious to get their bonus money.  I hope and pray Lumberjack comes through and quits giving them excuses.  

 

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