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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: 750
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Reeves County Purchase Activity

Started by John Patton. Last reply by Steve B yesterday. 10 Replies

We own mineral interests in Section 25, Block C-17, PSL. We leased last year for $4,500/acre. We have a total of a little over 20 acres. There seems to be some interest now from different parties to…Continue

Lease signed with BHP Billiton Petroleum Co for 5000.00 pnma 9-2016

Started by Rick. Last reply by Rick on Wednesday. 14 Replies

Hi everyone,Just to keep everyone informed of lease bonuses in Reeves County I wanted to post that we signed with BHP Billiton in September the following land:W/2 of the E/2 of Section 28, Block 57,…Continue

Courthousedirect.com/Leases for Reeves County, Texas

Started by Clint Liles. Last reply by Rick on Tuesday. 1 Reply

February 19, 2018…Continue

Courthousedirect.com/leases for Reeves County, Texas

Started by Clint Liles on Saturday. 0 Replies

February 17, 2018…Continue

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Comment by M A Smith on February 13, 2018 at 11:34am

r. eland -- we also participate in the North Mitre unit.

Resolute's investor presentations contain a lot of good info.  Their  "Appaloosa" development is on page 26 of the most recent.  North and South Mitre are within it.

http://www.resoluteenergy.com/wp-content/uploads/2017/12/REN-Decemb...

 

Comment by r. eiland on February 13, 2018 at 11:05am

Clint, thanks for the reply - I should have asked specifically if there are more wells planned in the North Mitre 2 unit of H&GN RR CO Surv bl 2, sections 21 and 20.  I see a lot of action in the South Mitre 2 unit adjacent to the North Mitre 2 unit.

Thanks, again.

R

Comment by Clint Liles on February 12, 2018 at 10:50pm

r. eiland...........after clicking on this link check out the (3) South Goat 2 Unit wells(API 389-36597 & 37598 & 36601)   I think this is what you are searching for.

http://webapps2.rrc.state.tx.us/EWA/drillingPermitsQueryAction.do?p...

Clint Liles

Comment by r. eiland on February 12, 2018 at 9:54pm

Is Resolute doing any new wells in H& GN RR Co Surv blk 2, section 20 or 21?

Comment by Lawrence Rayburn on February 10, 2018 at 9:07pm

Wade.....that's why I'm trying to get a consortium together of major oil and
gas exploration and production companies.....to operate a CRASH CRASH
Priority One research and development program to turn produced water
back into fresh drinking water.....but, we will STILL need huge surface
reservoirs to store the reclaimed water because 'they' won't allow it to be
reinjected into the fresh water aquifers of the area....claiming THAT causes earthquakes as well. The next step will be to declare the fresh water manmade holding surface reservoirs to be causing pressure
concentrations that stress the crust and....you guessed it....cause earthquakes.

But, I would like to see these surface fresh water reservoirs raising fish
for protein, the water released for vegetable farming for food for people
and fodder for dairies and beef feeder operations.

ol' Lawrence in Verhalen


Pro
Comment by Wade Caldwell on February 10, 2018 at 6:22pm

Lawrence,

Not sure what is causing the increased seismic activity but the more important issue is what does the state and feds THINK is causing it, and they seem to think, even Texas and Oklahoma, that SWD activity is causing increased seismic activity in certain areas, but not all. It may be that there are a lot more seismographs out there now, which would pick up more activity that historical records would not show. However, I have seen some pretty convincing heat maps which point to increased seismic activity.

In short, looks like it will be harder to get SWD permits in seismic prone areas. It is also accelerating the shift toward using produced water for frac and drilling operations. Just as they are building substantial water systems to bring water in, we may end up with substantial water systems to disperse produced water over a wider area.

Comment by BP on February 10, 2018 at 12:49pm

M A Smith, that’s correct. The Permian Basin is overarching and includes the Delaware and Midland Basins, which are separated by the Central Basin Platform.

Comment by M A Smith on February 10, 2018 at 11:55am

Lawrence -- Most papers I've seen show the Delaware and Midland basins separated by the Central Basin Platform.  We use the term "Permian Basin" but I've viewed it as a more general description of all of the above.  Am I wrong?

Comment by Lawrence Rayburn on February 9, 2018 at 8:23pm

Mike....I hear, as do you, that the RRC is greatly extending the permitting
process for SWDs .....which doesn't hurt my feelings any. This means
competitive SWD operators will have to wait to be able to operate any
SWD wells they drill....and that leaves MORE produced water that the
SWD on my property will have to dispose of....meaning more money for
the operator and more for me.

ol' Lawrence in Verhalen

Comment by Mike Miller on February 9, 2018 at 11:52am

Lawrence,

I understand what you are saying about the faults and seismic activity in the area. A lot of people are trying blame this activity on SWD's. What do you hear about the Railroad Commission and their new additional regulations with respect to SWD's? I'm hearing that are severely slowing down the permitting process.

 

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