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Reeves County, TX - Oil & Gas Discussion

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Reeves County, TX - Oil & Gas Discussion

Oil & gas discussion group for those interested in Reeves County, TX. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.

Members: 337
Latest Activity: 3 hours ago

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Reeves County TX Oil & Gas Permits

Started by Reagan "R.T." Dukes. Last reply by Clint Liles 3 hours ago. 416 Replies

Post, discuss and share information related to Reeves County Oil & Gas permits in the replies below.P.S. Thank you to Clint Liles for championing the effort to keep us all up to date. Continue

Lease Renewal

Started by Debbie Vasquez. Last reply by Clint Liles 6 hours ago. 1 Reply

My lease is up for renewal and I was wondering if anyone knew if there is any activity or future activity in block 4, section 57.  I have not been able to locate the land on a map showing oil and gas…Continue

Offer to purchase my 29.7741 nma Reeves County, Texas

Started by Rick. Last reply by Stephen Long 7 hours ago. 30 Replies

Hi. I have been approached to sell my mineral interests in sections 271, blk.13, h & gn and section 38 blk. 52 t7s, t & p Reeves County, Texas. Both mineral interests are currently under…Continue

"Leasing Rights Only"

Started by Elizabeth Martin. Last reply by Clint Liles 8 hours ago. 1 Reply

Does anyone know what this means or what it implies in terms of leasing and royalty payments? This is a section of land in Reeves. Continue

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Comment by JM Wilson 4 hours ago
Maybe someone can help. What does it mean when a producer applies for an amendment to drilling permit after the well has been producing since sept 2013 389-33147. I have mineral interest in sec 52 which is 46 feet from terminus point on as drilled asbuilt . Thanks
Comment by garland tyler 11 hours ago

I spoke to BHP late last week and they are exerciseing their 2 year option on our property 57-3 44 & 57-3 46 A-3035 & 3036. Good news.

Garland

Comment by Buzz Van Meter 11 hours ago

BHP Billiton Petroleum Primed to Deliver Significant Growth in Free Cash Flow

Press Release

2 September 2014

http://www.bhpbilliton.com/home/investors/news/Pages/Articles/BHP-B...

            ~~ the Permian remains an exciting area for BHP Billiton.  “We increased our position within our focus area* in the Permian by 25 per cent in the 2014 financial year and remain on track to build a 100 kboe/d business by the end of the 2018 financial year.  The well results to date are positive and repeatable and there is additional upside to the development program given our longer-term outlook...

            * BHP’s Reeves drilling focus the last year has been in an area around Orla in far northern Reeves County, e.g., the last 34 wells permitted surrounded Orla with 30 of those being within 10 miles N-S-E-W.

Also note the referenced Black Hawk Field is in the Eagle Ford Shale, south of San Antonio.

Later -- Buzz

Comment by Mike E 16 hours ago

Wade,

Could you share the location of the tract for which Cimarex recently backed out?  

Comment by Buzz Van Meter yesterday

John -- I'm not familiar with recent leasing activity just south of Toyah but things are heating up east and northeast of Toyah.  In the area you describe I wouldn't be surprised if BHP/Petrohawk didn't exercise the two-year option and let/will let a number of leases expire at the end of their 3-year primary term.  Later -- Buzz

Comment by John Leslie Hancock yesterday

Does anyone know of any leasing activity for the area South of Toyah -- BLK: C-8, Tract: 6, AB 2395 SEC 6 PSL out W/S?

Thanks,

John

Comment by Buzz Van Meter yesterday

Mary - RigData w/e 8/29 reported CR3 Operating Company LLC's C. J. LEE STATE 27 #1H well spud 8/23; surface hole location PSL BLK 70 SEC 31, 389-34440, A-5010, 2.7 mile NW of Toyah; approximate 8,000-foot lateral extending N from SEC 31 thru SEC 27 with bottom hole location ending in SEC 22.  Later -- Buzz

Comment by Wade Caldwell on Friday

I would urge caution in dealing with Cimarex. Just had them withdraw an offer on a tract where we were down to negotiating small changes on the final form of a lease. Meanwhile, the owners had turned down several other offers that came in while we were pursuing the lease with Cimarex, in the assumption a deal would go through. Apparently, Cimarex feels no obligation. Unfortunate, because I know they are a major player in the area.

Comment by Buzz Van Meter on Thursday

Interesting animation from DrillingInfo: Beyond the Rig Count: Visualizing Patterns of Rig Activity

  http://info.drillinginfo.com/beyond-rig-count/

Later -- Buzz

Comment by Stephen Long on August 27, 2014 at 8:08pm
I talked with a landman today who said he had heard that Williams had not paid two year extension bonuses to several others. But why say they were sending it? Still confused....
 

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