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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: 714
Latest Activity: 35 minutes ago

Discussion Forum

Lease rates and offers in Reeves County, TX

Started by Reagan "R.T." Dukes. Last reply by JM Wilson 35 minutes ago. 984 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

Possible sale of mineral acres

Started by Mel Gierhart. Last reply by M A Smith 7 hours ago. 3 Replies

We have an estate member that is possibly interested in selling all or part of their mineral acres for the following locations: Blk 13, sec 179 (approximately 14 nma) and Blk 51 T8S, sec 27…Continue

LEASE PRIMARY TERM and OPTION

Started by JT. Last reply by M A Smith 7 hours ago. 13 Replies

Hello Reeves County,Is anyone willing to weigh in on the pros and cons of lease "term" and the option or not having the additional option to be pick up. On a 3 year primary "paid-up" oil & gas…Continue

Activity on my property.

Started by William Sweeney. Last reply by Clint Liles 8 hours ago. 1 Reply

It's block 7,sorry about that. Thank you

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Comment by Mike Miller 10 hours ago

Lawrence,

I've been working on getting an SWD on one of my parcels. The economics for the landowner is a pretty good deal if you get a good operator and just an average well.

Comment by Charles Emery Tooke III yesterday

E M - 

You were smart to determine what you own before accepting an offer.  Especially one that jumped from a flat $5K to $10K. 

Another thing mineral and royalty owners need to watch out for is when someone tries to buy them out knowing that the owner has royalties in suspense, waiting for them to claim them.

In essence using peoples' own money to buy them out. Sometimes even with a large profit. 

I've helped several families avoid such situations and am helping two families right now. 

Hope this helps - 

Charles Emery Tooke III

Certified Professional Landman

Fort Worth, Texas

Comment by E M yesterday

Hi, Lawrence, I don't know much about saltwater disposal wells but I do know I have found many great people on this forum, including you. The only person in our whole process I've been suspicious of was a landman (not from the forum) who represented an unnamed person or company who tried to buy our mineral rights before we realized what we had, for 5K, then 10K. We have received lots of general advice from the group and invaluable guidance from a property owner in our section. I think you can see the numbers of all the people who read your posts. You help so many people, Lawrence, 95% of whom never make a comment, and it often benefits a dozen family members behind the scenes. It is greatly appreciated. May Reeves county and our American oil and gas companies continue to prosper. 

Comment by Lawrence Rayburn yesterday
Here it is Friday going into Saturday and no comments. Was hoping to
here positive or negative feedback.

ol' Lawrence near Verhalen
Comment by Lawrence Rayburn on Tuesday

Charles, and all surface, mineral rights owners of Reeves county: This is what I meant by the oil and gas operators working hand in glove with the land surface and mineral owners to improve and develop Reeves county for the benefit of all. The oil companies are NOT wanting to ruin your drinking water or your pastures/farm surface acreage. They WILL work with you,not against you. I was born and reared 'oilfield trash'. I made my living until I retired in the oil and gas industry. I didn't become a sod bustin' dirt farmer until I bought my farm and started raising vegetables in greenhouses. But, when I contracted to have that saltwater disposal well drilled on my place, I got shunned by the ranchers and 'farmers' around Balmorhea/Saragosa/Verhalen  because I 'was gonna RUIN their 

water' with that SWD well.   They were just SURE they knew about such things...though they didn't know HOW an SWD is sealed from top to bottom.   They didn't listen to the operators...they were too busy pumped full of anti oil and gas propaganda to listen to reason.

I want to see Reeves county oil and gas exploration and production, including saltwater disposal and reclamation to fresh water, conducted

peaceably with all parties cooperating for the good of all....and without

compromising personal property rights.  

Climbing off my soapbox......your comments, please!

ol' Lawrence near Verhalen 

 

 

Comment by Charles Emery Tooke III on October 16, 2017 at 2:28pm

Good advice, Lawrence.

You can also negotiate for them to install Cattle Guards and gates at their entrances and to dig you a few Cattle Tanks before they leave. 

Maybe even dig you a Water Well. 

And don't neglect to add provisions regarding the location, building and maintenance of roads, ditches, etc.  Have them repave or re-gravel the roads one last time before they leave. 

And don't forget drainage.  If they build a road or facility without addressing the natural drainage, they can ruin a whole lot of your acreage. 

Comment by Lawrence Rayburn on October 16, 2017 at 2:13pm

Re: Surface owners....deals. Primexx is driving a 16 inch gas gathering line from west of highway 17 and their consolidated gas/oil collection tank batteries to Hwy 285 where a company is building a 350 Million Cubic Feet/day gas plant. They needed a place for their pipeline contractor company to stack 16 miles of 16 in pipe (40 foot joints) and a place to stage their excavators, side boom dozers, trenching machines, cranes, and pipe trailers. I let them use 8 acres on the back side of my farm at Verhalen to stage out of. If anyone approaches you and asks to use a piece of your surface land for a 'camp' to stage pipeline construction from....do it! They can be talked into clearing land for you, fencing it for you, and purchasing storage containers (CONEX) they will leave with you when they are through using your land....a win win for them and you. 

ol' Lawrence near Verhalen  

Comment by Lawrence Rayburn on October 12, 2017 at 6:01pm

Susan.....Which side of Balmorhea and which side of the interstate?   The citizens of Balmorhea have raised so much Cain with Apache and other wannabe operators,  I doubt they will drill any closer than that Weiss unit on the north interstate service road east of FM2903.   They will be developing that area on both sides of old 290 west of where Hwy 17 turns south at Toyahvale.  The volcanic tubes the water feeding San Solomon Spring  comes through under the mountains from Valentine are south of there and should be safe. 

ol' Lawrence near Verhalen 

Comment by Susan Kimball on October 12, 2017 at 5:13pm

Does anyone know if there is any activity or planned activity for the following: 40 acres of Jesus Aguirre Pre-Exemption Survey A-1117, Scrap File, Reeves, Co. Texas 

It is close to Balmorhea. I am wondering if it is truly a possibility or a one hit (lease) wonder.

Thanks for any thoughts you have.

Comment by Robert F. Seiler on October 12, 2017 at 10:31am

Here is the link to the article -

https://goo.gl/o8CZ44

 

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