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Weld County, CO - Oil & Gas Discussion

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Weld County, CO - Oil & Gas Discussion

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

Members: 278
Latest Activity: on Wednesday

Discussion Forum

I own hundreds of acres in section township 10 n r58w s 33, 32 and 5 that I know of

Started by elizabeth stuart purcell. Last reply by Jason Haack on Wednesday. 31 Replies

My wells in section 32 have been paying $2.00 a year and all of a sudden I have gotten 20+ new division orders.  The wells in section 32 I got division orders last year that they wouldnt accept…Continue

Bubble in Offer Prices?

Started by Gal from TX. Last reply by jeremy gautreaux Jul 21. 39 Replies

I read on another thread on this site that there was a feeling that offers to purchase minerals were reaching a bubble status- prices artificially driven up by hedge funds from outside CO buying up…Continue

Keywords: buy, hedge, sell, offers, weld

Mineral Sales in 1NR64W

Started by David Carrick. Last reply by Jenna H. Keller Jun 28. 2 Replies

We own minerals in Section 6, 1NR64W which is in a forced pooled wells.  Does anyone know about the going sale value per acre there under forced pooled conditions??Continue

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Comment by Jenna H. Keller on June 29, 2015 at 1:53pm

Lynn, 

Review of royalty income, deductions, etc. are generally best handled by an oil and gas accountant.  Documents that they request you sign are generally an attorney.  Hope that helps.  

Go to www.cogcc.state.co.us and then click on the maps and then GIS Online, and then if you click on Zoom you can narrow in and you can pull up the information on activity and click on and off filters on the left side to see what you want. 

The information is for general information purposes only. This should not be substituted for legal advice and should not be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or reading does not constitute, an attorney-client relationship. You are encouraged to contact an attorney for legal advice concerning the information provided.

Comment by Gary Norton on June 27, 2015 at 10:33pm

Hi Tim! Might just be land lease people, that will sell lease later in bulk tol large companys. Suprised Noble allowed lease expire.

Gary

Comment by Tim Brough on June 27, 2015 at 10:10pm

Arrowhead Energy LLC, does any know anything about these guys?  I have minerals in 7N, 61W, sects 1, 12, and 6.  I have received an offer to lease my mineral interests and have not heard anything about them.  I was leased to Noble and that expired in Feb.  Bonanza has a new producing well on my north boundary, and we were talking to them about lease in the months prior to our lease expiring.  But, as the price of crude was falling they seemed get cold feet.  Anyway any info on Arrowhead would be appreciated.

Comment by Doug Coon on June 17, 2015 at 2:16pm

Jason,

I'm not familiar with "acreage metrics currently are probably about 50-60% less then you received last year".

If you have a chance, please explain.

Thanks, Doug

Comment by Jason Haack on June 16, 2015 at 6:50pm
Doug,

Sounds like you are holding off for development which is a good idea. Multi Pad Drilling is what the operators are doing now which you have most certainly have noticed . The acreage metrics currently are probably about 50-60% less then you received last year.
Comment by Judy Archer Brucker on June 16, 2015 at 6:11pm
We are at hwy 34 at the weld/morgan country line. 4miles north is active drilling (torn hwy 114). I have to stop following due to health. You may email if specifically addressing this specific area. Thank you
Comment by Doug Coon on June 16, 2015 at 4:28pm

I own Mineral Rights in Weld County and have been receiving offers to by from Landmen and other investors lately.  This happened about the same time last year and I turned all offers down.  Now my interests have permits pending for 9 new horizontals from Kerr Mc Gee.

I believe I have 20 acres in Township 2 North, Range 65 West, 6th P.M.Section 21: NW/4. 

I'm curious if others are getting offers and what FMV would be for my interests.  The highest offer I turned down last year was $8500.00 per acre.

Please PM me if anybody feels inclined.

Thanks, Doug

Comment by Jason Haack on June 10, 2015 at 3:29pm

DM,

The area is a good one with some operators reporting good results. The Niobrara Horizontal well can be installed in that area far cheaper then most shale plays in America. I expect drilling to resume soon in that area. What are you expexcting to be fair for lease bonus per acre? I will talk to some industry guys and see if i can find out what they paying.

Comment by DM on June 10, 2015 at 9:54am

7n 61w

Comment by Jason Haack on June 10, 2015 at 9:15am

Pardon me DM but what section, township and range are your rights in? Depending on how old the other leases are perhaps the average will be better then current offer, something to think about it.................

 

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