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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: 569
Latest Activity: 11 hours ago

Discussion Forum

Drilling or Well Activity in BLK C-8 Reeves County ?

Started by Eduardo Canepa. Last reply by Brian Niemczak 11 hours ago. 12 Replies

Hi everybody, my name is eduardo, and im new here, i need to know if my property have something. Blk C-8 tract >21 ab 1726 sec 21 pslout of w/2does anyone know if there's currently any drilling…Continue

Newbie Tax Question

Started by John Florida. Last reply by Gary L. Hutchinson 22 hours ago. 1 Reply

My wife and her brother inherited mineral rights in Reeves County last year and subsequently leased their portion for 3 years.  What are the tax results?  Will we get a 1099 form from the leasing…Continue

Purchasing minerals in select areas of Reeves.

Started by Heather C Harrison yesterday. 0 Replies

Hi there. I'm looking to purchase, not lease minerals in a select area of Reeves. We are paying top dollar per acre! Feel free to email me through this forum if you'd like to know more and see if…Continue

Seeking Information

Started by Barry Manus. Last reply by Craig Ronhovde on Wednesday. 3 Replies

My father left my siblings and I the mineral rights in  Block C-1, PSL, Sections 2,8,10,14 and 22 totaling 3200 acres. Can anyone tell me if there is any activity there?BarryContinue

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Comment by Mike W. on Wednesday

Cami, Blk 4, Sec. 36, similar to Craig's testimony, and with solid new well results according to completion report.

Comment by Craig Ronhovde on Wednesday

Cami.  It is not real recent but in April 2016 we received a lease bonus of $3,500 per nma in Sect 76 of Block 4, with a good lease (3 yr, 25%, no deducts, etc.)

Comment by Cami McCurdy on Wednesday

Anyone receiving lease bonus offers around or near Blk 4, Sec 82, H&GN, Reeves County, Texas?

Comment by M A Smith on Tuesday

And to top it all off, ExxonMobil announced a $6.6 billion acquisition in the Permian Basin from the Bass Brothers.

www.rigzone.com/news/oil_gas/a/148144/ExxonMobils_66B_Acquisition_V...

I believe most of this lies to the north in New Mexico (although still in the Delaware Basin).

Comment by Mike W. on Tuesday

Proving that the eldest profession is not always the Noblest.


Pro
Comment by Wade Caldwell on Tuesday

The joke making the rounds is that Clayton W. should just lay back and enjoy his big sale.

I will leave to others to interpret this.


Pro
Comment by Wade Caldwell on Tuesday

The GLO has said they would approve leases at $1500 in the Alpine High area with Apache. The GLO wants more than that in other areas.


Pro
Comment by Wade Caldwell on Tuesday

Noble/Rosetta and CWEI had quite a few carved up tracts in Block 13, so this should help Noble be able to put together drillable tracts easier.

Comment by Liz M. on Tuesday

Thank, Buzz! I had no idea that pipelines equaled "midstream assets". But now that I think about it, yes, it is obvious. So Noble will have the pipelines. And we aren't far from the pipelines.

Comment by Buzz Van Meter on Tuesday

Liz -- it appears from the news release that pipelines are included:

"In addition to the benefits driven by larger scale, the midstream assets and planned buildout provide significant synergies and substantial dropdown potential in association with our ownership in Noble Midstream Partners."  Later -- Buzz

 

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