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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: 481
Latest Activity: 21 hours ago

Discussion Forum

Reeves County TX Oil & Gas Permits

Started by Reagan "R.T." Dukes. Last reply by Clint Liles 21 hours ago. 828 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 rates and offers in Reeves County, TX

Started by Reagan "R.T." Dukes. Last reply by s mullikin Jun 9. 847 Replies

Use this post to share and discuss your lease offers.  The more we know about what is being offered the better decisions we'll all make.  Share your bonus, royalty rate, and any other provisions you…Continue

Keywords: lease bonus, lease rates, lease offers, royalty rate, Reeves County TX

OXY exercising lease extensions?

Started by John O'Neil May 29. 0 Replies

We've got the initial term of our lease to OXY ending in a few months. They have an option for another 3 year term. We've heard nothing from them, but maybe too soon. In any case, has anyone had any…Continue

Escarpa Roja 57-T1-34

Started by susan huerta. Last reply by susan huerta May 22. 7 Replies

I leased to BHP and from what I can gather a well is operating and had had production that I can track through Feb16. Who do I contact to inquire on royalties. It looks like it is a gas well but it…Continue

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Comment by Buzz Van Meter on Monday

Daniel -- mind sharing your location?  TIA -- Later -- Buzz

Comment by Buzz Van Meter on Monday

Interesting artic from Investors Business Daily

http://www.investors.com/news/boom-or-bust-u-s-oil-patch-finds-new-...

Later -- Buzz

Comment by Buzz Van Meter on Friday

Duncan -- thanks... didn't realize Apache was interested that far north in Reeves.  Later -- Buzz

Comment by Ann Whitchurch on Friday

After completion, how long does the operator have to file the completion report with the RRC?

Comment by Ann Whitchurch on Friday

I detest dealing with Chesapeake.

Comment by Mike on Friday

Duncan, the operator would not be obligated to purchase the lease, but there would likely be a JOA between the leaseholders, and the operator of the well would be responsible for paying out royalties. 

Comment by Clint Liles on Friday

Thanks Buzz...

Clint

Comment by Buzz Van Meter on Friday

Elizabeth/Clint -- the last week STATE STREET 20-29 A UNIT 1H appeared on RigData's weekly drilling report was 4-22-16.  Later -- Buzz

Comment by Elizabeth robertson on Friday
Thanks Clint, I'll use the numbers you gave me and just keep watching!
Liz
Comment by Duncan Fraiser on Friday
Wolfcamp
So the operator of the lease would be required to purchase our lease from the third party and have to honor all of the terms of the lease?
 

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