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Stephens County, TX - Oil & Gas Discussion

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Stephens County, TX - Oil & Gas Discussion

Oil & gas discussion group for those interested in Stephens County, TX. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.

Members: 28
Latest Activity: yesterday

Discussion Forum

Stephens County TX Oil & Gas Permits

Started by Dave Thompson. Last reply by Clint Liles yesterday. 87 Replies

Post, discuss and share information related to Stephens County Oil & Gas permits in the replies below.Thank you to Clint Liles for championing the effort to keep us all up to date.Continue

mineral acreage for lease

Started by Audrey Ecklund Mar 27. 0 Replies

Abstract 310/section 7/block 4 for lease in Stephens County, TexasWho do I need to contact to lease?Continue

Map of working wells in Stephens County TX

Started by Paul Johnston. Last reply by Clint Liles Aug 30, 2013. 1 Reply

Would like to find a map per above.PaulContinue

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Comment by Wade Caldwell on March 19, 2014 at 9:53pm
Doug,
Some local companies are leasing, but overall not real active. Would suggest trying for $450 and 23%.
Comment by William Douglas Archer on March 18, 2014 at 9:56pm
I see that there are only 24 members in this group so i hope to learn from several of you.

Last year i was approached to lease our minerals in Orphan Asylum Lands which was a 160 acre tract. At that time we were offered a 20% royalty with a $200 per nma bonus. 20% seemed light and bonus seemed low.

Has anyone heard of current market in Stephens County? If you need more detail and want to discuss this, i can be reached at 972-455-4904 during the day.

Thanks

Doug Archer
Comment by William Douglas Archer on September 15, 2013 at 10:23am
I see that there are very few members in this county group so i hope that at least one or a few might be in a position to provide meaningful dialog. Several months ago i was approached to lease my share of a 160 acre tract where my family owns 25% of the minerals. The operator states they are planning shallow wells so i doubt the will object to inclusion of deeper rights in the lease. At this time, they have held firm to their original offer of a three year lease, $200 per net mineral acre bonus payment and a 1/5 royalty. I have not yet cone a lease at less than a 1/4 royalty and do not plan to do another lease in which the royalty is anything other than a cost free royalty. If you are a landowner, or a consultant to landowners, in essence not working for the oil companies, i welcome your thoughts on what i should consider with respect to a counter and whether i should ignore this offer and simply wait for a time when i can get the 25% i expect. Thanks
Comment by bob crow on June 29, 2013 at 10:53am
Thanks for the help.bob
Comment by Wade Caldwell on June 29, 2013 at 7:10am
Bob,
Both are low.
Comment by William Douglas Archer on June 28, 2013 at 8:30am

Mr. Crow, when you say "small acreage," how big is the tract versus what approx percent do you own?  I was approached yesterday regarding 8.3% of a 160 acre parcel.  To date I don't believe I have entered into a lease at less than a 1/4 royalty but initial comments from company was for a 1/5  with a $200 bonus.  thanks in advance for your thoughts.

Doug Archer

Comment by bob crow on June 27, 2013 at 10:58pm
We were offered 50, on small acreage. I think that is way to small. What do you all think? Also only 3/16. Bob
Comment by William Douglas Archer on June 27, 2013 at 5:01pm
What is going rate for royalty and bonus in Stephens County for a 4,100 ft vertical well?
Comment by Ives B. Ort on March 12, 2013 at 10:18am

Thanks Wade.  The Landman was discussing interest in a large tract.

Comment by Wade Caldwell on March 11, 2013 at 5:06pm

Nothing new with Pendragon. Lift Energy leased some property last year, and another opertaor just filed a permit for a horizontal Barnett well on it.

 

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