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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: 299
Latest Activity: on Monday

Discussion Forum

Value of Mineral rights in the Prospect Valley area.

Started by Susan Reich. Last reply by michelle Smith on Monday. 3 Replies

Hello, We have inherited mineral rights in Weld County, Colorado. A landsman has contacted us wanting to buy these rights. Can someone help me figure out the value of these rights? They are T2N R68W…Continue

In-person networking groups in Weld County?

Started by Martin Walsh Jun 21. 0 Replies

Hello Weld County Folks,I am writing to find out if there is an in-person networking group, or groups, for Weld County mineral rights owners and service providers.  This forum has been a helpful…Continue

Weld County 2016 lease terms

Started by Rachel Potter. Last reply by jay bates Apr 22. 9 Replies

We are negotiating a lease in 7 N 60 W.  We have been offered $125/acre, 1/6% and 4/4.  No premium on renewal.  Are these the going rates?  Can we expect to do any better?Thank you!Continue

Comp Sales

Started by RNysGuy. Last reply by John B Gustavson Apr 18. 7 Replies

Hi, I have been hammered with offers lately to buy my minerals. Not necessarily trying to sell, but wanted to see what things were going for. I had a couple questions I was hoping someone could…Continue

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Comment by Judy Archer Brucker on April 4, 2016 at 10:48pm
Hello, I have been away from the forum and now I see some activity. Is that correct? What us the "Jack well"?

Here is our legal discription:

Township 4 North, Range 61 West, 6th P.M., Weld County, Colorado
Section 24: SW¼
(“mineral interests”)
Comment by Thomas R. Reed on October 28, 2015 at 10:40pm

Hi Dave,

Since I haven't found a method to download, I highlight the data (http://cogcc.state.co.us/data.html#/cogis), for which you can go back years, copy, and paste to an Excel spreadsheet.  Works well and leaves the direct link to each well intact for quick reference.  Hope this helps.

Tom

Comment by Dave Johnson on October 28, 2015 at 10:27pm

Can I download monthly production data from the COGCC?  I've searched a bit and have not found how to do it.  Thanks - Dave

Comment by John B Gustavson on October 12, 2015 at 10:39pm

Income from minerals is no different from other income --- once you get it. Any qualified accountant should handle that for you.

John


Pro
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
 

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