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Ward County, TX - Oil & Gas Discussion

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Ward County, TX - Oil & Gas Discussion

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

Members: 203
Latest Activity: Mar 21

Discussion Forum

SEND ME YOUR BLOCK/SECTION/SURVEY NAME AND I'LL SEND YOU A PICTURE OF WHERE YOUR PROPERTY IS!

Started by Linton Tomlin. Last reply by W.W. Asplund Mar 13. 92 Replies

I have a Ward County, Texas map on my wall, if you send me your block/section/survey, I'll take a picture and upload it here or send it to you at an e-mail address if you prefer.

Activity in Block 34?

Started by M. R. Sims. Last reply by John K Feb 14. 4 Replies

I live about 1000 miles away from Ward County, but am going to drive down in March and try and find the land that we own there. We currently have a mineral lease on it, and are wondering what we'll…Continue

Sec 48, Block 33

Started by Shanna Deer. Last reply by Wolfcamp Shale Feb 7. 5 Replies

Hello, Does anyone know if there is any activity going on Sec 48, Block 33 in Ward County? Continue

Ward County TX Oil & Gas Permits

Started by Dave Thompson. Last reply by Clint Liles Jan 20. 479 Replies

Post, discuss and share information related to Ward 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

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Comment by Michel Ketter on March 13, 2017 at 3:50pm

Katherine Saunders. I sent you a friend request but please email me if you have a chance.

Comment by Mike East on March 13, 2017 at 11:22am

It depends on you location, amount of acreage available for sale but from what I have been offered per acre your offer of $11000 per nma is not that good for a direct purchase of the mineral rights. I have had offers all over the place with the highest being $21,000 per nma. 

See my comment about U S Mineral Exchange who specializes in selling owner mineral interest with the buyer paying the commission, nothing out of your pocket.  They do require a lot of documentation for the property to present sales.  Below 2 days ago.

Comment by Katherine Saunders on March 13, 2017 at 11:12am

Thank you, it is an offer to buy.

Comment by Mike East on March 13, 2017 at 11:08am

Katherine,

$11,000 to lease mineral rights or to purchase your mineral rights?

If to purchase it maybe to low.  To lease it is very good from what I am getting offered.  Don't Rush a decision as there will be more to follow and due you research on each company, some are flippers.

Mike

Comment by Katherine Saunders on March 13, 2017 at 9:33am

Has anyone had experience with Alva Energy, LLC? They are offering $11,000 per net mineral acre in Section 63.

Comment by Mike East on March 11, 2017 at 10:59pm

Has anyone had experience with NARO, "National Association of Royalty Owners" and the U S Mineral Exchange?  The USME sells royalties for owners to a large market,  The buyer pays the commission.  Just uncovered the organizations during research.  Sounds like USME has a broad market and gets higher dollars per nma rather than trying to do it yourself or wait for buyers to present offers! The buyer pays the commission.  Both are on the internet, so look them up and decide!

Mike

Comment by Shanna Deer on March 1, 2017 at 11:34am
Mike, I have 160 acres in block 33 that is currently not leased. Have had a few offers, but haven't agreed to anything yet. If you're interested, would be glad to talk to you. Thanks,
Shanna
Comment by Mike on March 1, 2017 at 10:54am

If anyone has available acreage in Block 33 or 34, I would be interested in taking a look at it for lease purposes. 

Comment by Mike East on February 23, 2017 at 2:45pm

I just received a second offer for lease of nma starting at $2500 now up to $5000 per nma.  Have done nothing yet,  what offers have other had in the area.

I saw where Exxon purchased the Bass Family Minerals on 270,000 acres in South East New Mexico for $6.6 Billion dollars or $24,000 per acre,

Double Eagle purchased 23000 acres for $650 million in the Delaware Basin, $28261 per nma.

Clint thanks for your help.

Mike

Comment by Clint Liles on February 14, 2017 at 7:30pm

Attention:Mike East...........

Check your INBOX for message

Clint Liles

 

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