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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: 34
Latest Activity: May 2

Discussion Forum

Does anybody recomend a good company for a mineral lease

Started by Jerry Fanshaw. Last reply by Mike Nahkunst May 2. 2 Replies

Have property in the H and TC  ry survey ward county. Are their any companies out their now drilling.Continue

trying to learn as much as possible about my property share

Started by Brianna Shaw. Last reply by Mike East Dec 30, 2011. 2 Replies

  The general managing partner informed me on 12-26-11 that they have begun oil and gas production on our land and i will be recieving a check for royalty share. I really have no clue about the…Continue

Mineral rights

Started by Charlie FitzSimons. Last reply by Charlie FitzSimons Oct 21, 2011. 6 Replies

My mother and her siblings inherited some mineral rights from their father who died in 1998. Unfortunately he didn't mention this in his will and we were told by the Ward County clerk that they…Continue

Steel Pipe Company

Started by Rich Scott Sep 27, 2011. 0 Replies

Does anyone know of a good steel pipe company in Ward county? I am interested in moving some steel pipe on a few of my trucks in this part of TX. :)

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Comment by Barbara Shugart on April 1, 2012 at 1:16pm
I have an intrest in the phantom wolf camp shell section147 block 34 They were suppose to move the rig on location the 3/28/12 But I havent talked to them recently. does anyone know if its there?
Comment by Bret Hilby on March 28, 2012 at 11:44am

Thanks, Mike for the suggestions.  I'll look for the county records.

bret

Comment by Mike East on March 28, 2012 at 11:33am

Bret,

I would check the Will of the party who passed on to see if it leaves the propety to family members.  Was the property in an estate?  Sale of land

you would need the propety location in Texas, Lot and Block numbers and then go to the county recorders office and do your home work on the property.  Have the Taxs been paid on the land?  You will need as much information as you have availabe from the deceased family member records and these may go back many years.

My suggestions.

Mike

Comment by Bret Hilby on March 27, 2012 at 7:38pm

Can someone tell me where I can find information on the sale of land in the past couple years?  Trying to find out how/if ownership has passed down to me and other relatives due to death in family.  Thanks.

Comment by Kevin B. Koonce on January 5, 2012 at 10:20am
Comment by Brianna Shaw on December 29, 2011 at 6:25pm

I have inherited a share in section 63 block 33 and have recently been advised by my partnership that the majority shareholder (also acting general managing partner) wants to form an LLC. Through the last few years he has offered to buy my share. Dont know if i should agree, and is there hope for my land?

Comment by Mike East on July 30, 2011 at 4:09pm

Answer to:  A 23 stage "PEAK" completion!  When the well has been drilled to maximun depth explosive charges are inserted into the line which blow holes in the casing and wall to penitrate the earth.  Frac fluid is then injected under high pressure to fracture the earth and allow product to enter the pipeline which is the start of production.

A short answer.

Comment by R.B. Jerry McGowen III on July 30, 2011 at 11:35am
Lease Bonus varies depending upon the area.  If you are in central, western, or northern Ward County your bonus offer could easily be over $800 per acre, and the other terms should also be addressed, such as a 1/4 royalty interest and other clauses.  You should contact an attorney in the West Texas area who is familiar with the leasing trends and problems to assist you in getting a fair lease.  At least do not agree to the lease terms without checking out your offers with other mineral owners in the area.
Comment by Laura Reagan on July 18, 2011 at 10:52pm
Water rights should be valued more than they are...50 cents a barrel seems awfully cheap.  And this is something they have to have and you do not have to give it to them, right?  Any comments?
Comment by mike brewer on July 4, 2011 at 3:57pm

on june 30th, received offer from midland based co. on my 84.5 acres in reeves county for lease bounes of $250.acre and 20% royalties on three year lease with option for two.  this seems compared to what appears to be around 1500./acre with 25% being obtained in reeves, ward, other counties close to me.  but i do no know the exact locations / proximity to my acreage.  any info or advice is appreciated.  much obliged.  mike b.

 

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