America’s conversation place for mineral & royalty owners
Oil & gas discussion group for those interested in Pecos County, TX. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.
Members: 22
Latest Activity: on Wednesday
Started by T.C.. Last reply by Elli Apr 23. 2 Replies 0 Likes
I've received a lease offer from Clayton Williams Energy forSections 4, & 9, Block 50, Township 9 of the T & P RR. Co. Survey, Reeves & Pecos County, Texas $700.00 per net mineral acre…Continue
Keywords: Lease
Started by Reagan "R.T." Dukes. Last reply by Elli Apr 23. 4 Replies 0 Likes
Reply with your experience in oil leases in Pecos County, TX. Leasing has really picked up. Share what you were offered for lease term, bonus, % royalty, where, and net mineral acres or some idea of…Continue
Keywords: royalty rates, lease bonus, lease rates, Pecos County TX
Started by Elli Apr 23. 0 Replies 0 Likes
Hi,I am an investigative Journalist. I have heard of 3 cases involving sale of land but not mineral rights in Pecos County that have now come up as having been notarized but the signature is not the…Continue
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Comment by Stephen Day on Wednesday Anyone know of any activity in sections 31 and 43 block 49 twp-9. I was told earlier this year that some rigs were going on this lease but have heard nothing since and my email has not been replied too. Also how does one obtained a section map in paper form that is up to date?
We received a oil and gas lease proposal on the 1/6 mineral lease that we own in Pecos County on 640 acres (T.&P. Ry. Co. Survey). Offer is:
Bonus: $350 per net mineral acre
Term: 3-year paid up
Royalty: 1/4
Is this a reasonable offer? What activities are going on in this area? Many thanks, Anne
We have about 40 acres in Pecos county open. . would like to find out what is going on. . we are section 21 block 2 h&tcRy. Co survey
I recived a letter form WEXCO Resources, out of Dallas wanting to lease mineral rights in Pecos county in the south west side of the Coyanosa area.
Has anyone talked to any of there landmen, and what do you think of them.
thanks,
sts
Comment by Laura Reagan on September 21, 2011 at 1:37pm Patrick:
See my post about recent lease. I would not expect to see bonus rates in the $1000 range. If you do, jump on it. I think the Pecos County area will fall somewhere between $300-500/acre with 1/8-1/4 royalties. That is dependent upon market fluctuations as well but I have been dealing with our mineral rights for the past 5 years or so and the discussions have been in that range.
Scott:
My recommendation would be to contact a local land attorney in the area for more information. I surmise that you do indeed own both the surface and mineral rights for the five acres, although I am not certain. You could contact the Pecos County Assessor and inquire about the mineral rights for that specific parcel of land. They might be able to help you more.
New guy here so bear with me. I presently own by way of "warranty deed" 5 acres in Section 43 Block 10 H&GN RR Co Survey. The deed makes no mention of mineral right whatsover, either by way of exclusion or inclusion. I'm curious on how to proceed in trying to solve this riddle of "Do I, or don't I presently have the mineral rights." Suggestions from anyone on where to begin would be great. Many thanks for your time and consideration.
i have a lease offer in the W 180 acres of S8, all of Sections 10, 12, 14, 18, 20, 22 and 24, all in Block 121, GC&SF Ry. Co. Survey.
Terms offered are $150/acre and 20% royalty. Offers that I've had recently in Ward, Loving and Reeves Counties are around $1,000/acre and 25% royalty.
Is Pecos really that far off of these other nearby counties?
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