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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: 406
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Discussion Forum

Reeves County TX Oil & Gas Permits

Started by Reagan "R.T." Dukes. Last reply by Clint Liles 2 hours ago. 625 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

Water rights

Started by Louise Welch. Last reply by Louise Welch yesterday. 1 Reply

Does anyone know about the water rights on state classified land? Had a person interested in buying/leasing the water rights. If it is state classified land does that mean that the state of Texas has…Continue

Blk C-18, Section 5, going lease rates?

Started by Lea Scalf. Last reply by Lea Scalf Aug 24. 6 Replies

Last week my sister was contacted from someone interested to lease our acres in Blk C-18, Section 5.  she couldn't remember company name, but I am waiting to hear from them.  what is going lease rate…Continue

Pugh clause

Started by Louise Welch. Last reply by Louise Welch Aug 13. 4 Replies

Can someone explain to me what is the Pugh clause in a lease? I have heard this term and am not familar with it.Thank you for all information.LouiseContinue

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Comment by John Harris on Sunday

Wade ~ thanks, I'll check it out

its the ONCOR power line~ so yes it would be eminent domain situation ~  


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Comment by Wade Caldwell on Sunday
John- Search UT Lands Surface Damage Schedule and use these figures as a floor. You may want to start at multiples higher depending on your circumstances. Whether they are claiming eminent domain rights also impacts what you can get. Once you look at the damage schedule you will see the type of questions you need to ask regarding width of easement, size of line, etc. Also, try to get a term easement instead of indefinite and limit the easement to what they are building, not a bunch of expansion opportunities with no additional compensation.

These are just a few of the issues. Use the Search feature in the upper right corner and scroll through the blog articles for more detailed articles.

Sorry for the long reply, but I am not sure which project you are discussing or the details of it.
Comment by John Harris on Thursday

Does anyone know anything about rates to expect from the power-line easement going through Reeves county- I have been told they want permission to survey my property for the easement ~ sec 6 blk 54 twp 5 T&P

Comment by Lea Scalf on August 19, 2015 at 11:47am

I was advised to ask $3,500 per nma/25% royalty for our acres in BLK C-18/Section 5.

Comment by Linton Tomlin on August 19, 2015 at 11:10am
I thought it was in response to Michael Muldrow, actually. It is good FYI info, regardless.
Comment by Ann Whitchurch on August 19, 2015 at 10:44am

Linton, my post was not in response to Denver's post.  It was meant to be a fyi for anyone in the area of C-7, 26

Comment by Linton Tomlin on August 19, 2015 at 8:31am
Neither of those blocks are mine, Buzz. I was just trying to make the point that they are quite a ways from each other. I do have a small interest in C-8, SEC 26 I've been trying to lease for years with no offers. Thanks. Linton
Comment by Buzz Van Meter on August 19, 2015 at 8:15am
Linton -- your BLK C-9 SEC 21 is 12.1 miles WNW of BLK C-7 SEC 26. Later -- Buzz
Comment by Linton Tomlin on August 18, 2015 at 11:37pm
Denver, I would read through these posts, but to me it sounds a lot better than some of the other offers for that particular area. Of course it also depends on the other terms of the deal, i.e., the length of the lease, whether it's just a three-year primary with no extension, and if they are going to give you 25 percent royalty. Just my opinion, and that ain't worth much! Linton
Comment by Denver on August 18, 2015 at 11:29pm

Hi all,

I am new to this since inheriting the mineral rights from my parents. I have interests in Block C-9/21 and Block C-9/19. They are offering $2,000 per net mineral acre.  Do you think this is a good deal?

 

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