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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: 158
Latest Activity: on Friday

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 william A harrel on Friday. 54 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.

Ward County TX Oil & Gas Permits

Started by Dave Thompson. Last reply by Clint Liles Jun 19. 414 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

Section 63, Block 34

Started by Henry Van Siclen. Last reply by Wolfcamp Shale Jan 29. 3 Replies

Please help me understand this. Jagged Peak Energy wants to exercise a 2 year extension on the 3 year lease we had signed with KEW. Jagged is the successor in interest to KEW. They are matching the 3…Continue

BLK34Sec64

Started by James G. Parish. Last reply by Henry Van Siclen Jan 26. 1 Reply

What are the current going rates for Blk34,Sec64 area for a new lease term/bonus/%royalty in this area-about 7 miles due south of PyoteContinue

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Comment by Wade Caldwell on Wednesday

Although most of you probably already do this, everyone in this group should also join the Reeves County group. It is the most active group on MRF and has the best information on what is going on in the area, in my opinion. 

Comment by Wolfcamp Shale on June 3, 2016 at 9:05am

They are one of the best in the business. Extremely reputable company. 

Comment by Anne Marie Greene Whatley on June 3, 2016 at 3:23am

Just curious- any one have any dealings with Concho? I've heard from a great source that they are a good outfit. I'd welcome any comments--

Thanks, Y'all & Have a Good One!

Comment by Linton Tomlin on May 31, 2016 at 10:39pm
Speaking of which, r w, anybody any more intimately familiar with that Luxe Energy company than Wolfcamp's addition about leaseholds gained from Endeavor in strategic places??
Comment by Linton Tomlin on May 31, 2016 at 9:49pm
I am SO out of my element..... Jagged Peak has my lease at present and I like that company A LOT.
Comment by Mark Wayne on May 31, 2016 at 9:38pm
Good point Mr. Kennedy. Also, you need to make sure you have favorable lease language. If they are eager to top lease, they will be easier to approve your lease.
Comment by r w kennedy on May 31, 2016 at 8:26pm

If I were to enter into a top lease I would only exchange the lease for a check. No draft.

Comment by Wolfcamp Shale on May 31, 2016 at 7:01pm

Linton, 

Luxe appears to have picked up leasehold in neighboring Sections 73 and 86, along with the wells in those sections, from Endeavor. The Section 73 leasehold sets up your section nicely for a long lateral to be drilled across the section line and into your section, or vise versa, assuming they pickup some leasehold in 72 as well.

Who you lease to will not be as critical as the actual lease terms.

Comment by Mark Wayne on May 31, 2016 at 6:45pm
Happy to help :) Let me know if you need anything else. We also lease in Ward county and would be interested in making you an offer once the lease expires.
Comment by Linton Tomlin on May 31, 2016 at 6:38pm
Mark, thanks SO much. You have a gift for explaining things so a layman can understand. Yours is the best, easiest to understand, I have received all day. You'd think the letter that was sent with the lease would have explained a little more in depth what they were trying to accomplish. If it weren't Jagged Peak that has the current lease, I'd say that gamble on the part of the would-be top lessee might well be a good one. Decisions, decisions.....
 

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