# Latest **URL:** https://www.mineralrightsforum.com/latest.md?page=143 [Latest](https://www.mineralrightsforum.com/latest.md) · [Categories](https://www.mineralrightsforum.com/categories.md) · [Tags](https://www.mineralrightsforum.com/tags.md) **Page:** 144 --- ## [GCW (shallow)](https://www.mineralrightsforum.com/t/gcw-shallow/74891)
**Author:** [@David\_Meinert](https://www.mineralrightsforum.com/u/David_Meinert)\ **Replies:** 1\ **Last updated:** [March 24, 2024, 12:24am UTC](https://www.mineralrightsforum.com/t/gcw-shallow/74891 "2024-03-24T00:24:54Z")
Folks, On paystub is GCW (shallow). I’m guessing it’s a unit. Anyone know what this is? Operator is Kinder Morgan. Can’t find anything on RRC site; but open to idea I lack enough familiarity with RRC site to find this. --- ## [Mineral Rights Sale, whats fair value](https://www.mineralrightsforum.com/t/mineral-rights-sale-whats-fair-value/74888)
**Author:** [@David\_C\_Fouts](https://www.mineralrightsforum.com/u/David_C_Fouts)\ **Replies:** 1\ **Last updated:** [March 22, 2024, 8:41pm UTC](https://www.mineralrightsforum.com/t/mineral-rights-sale-whats-fair-value/74888 "2024-03-22T20:41:55Z")
Hello folks. I have mineral rights that just started producing about 9 months ago in Yoakum, Texas. I just received an offer that is a lot of money. How do I determine if the price is fair? Currently the price is 18x ye… --- ## [Pittsburg County OK Mineral rights](https://www.mineralrightsforum.com/t/pittsburg-county-ok-mineral-rights/74797)
**Author:** [@Alysmama](https://www.mineralrightsforum.com/u/Alysmama)\ **Replies:** 4\ **Last updated:** [March 22, 2024, 1:16pm UTC](https://www.mineralrightsforum.com/t/pittsburg-county-ok-mineral-rights/74797 "2024-03-22T13:16:22Z")
Hi. I’ve noticed this past year my checks, which aren’t big being with, are getting smaller and smaller even though gas and oil prices are crazy expensive. Is anyone else getting less and less? I’m still confused as to h… --- ## [XTO and Exxon in Sabine, shelby](https://www.mineralrightsforum.com/t/xto-and-exxon-in-sabine-shelby/74186)
**Author:** [@MsSewell](https://www.mineralrightsforum.com/u/MsSewell)\ **Replies:** 3\ **Last updated:** [March 22, 2024, 1:23am UTC](https://www.mineralrightsforum.com/t/xto-and-exxon-in-sabine-shelby/74186 "2024-03-22T01:23:51Z")
Can anyone tell me the name of the lease that has recently been bought by Exxon or sold? Also in Arcadia and Bienville, J D Operating has whom paying and what is the lease or lease pool called, so I can look it up. I’m s… --- ## [Well Activity](https://www.mineralrightsforum.com/t/well-activity/74813)
**Author:** [@Readingteach](https://www.mineralrightsforum.com/u/Readingteach)\ **Replies:** 9\ **Last updated:** [March 21, 2024, 9:42pm UTC](https://www.mineralrightsforum.com/t/well-activity/74813 "2024-03-21T21:42:05Z")
Hi, We are new to this - can anyone tell me if there is any activity in the following areas: Section 22-18S-32E Section 23-18S-32E It states Federal F? This is Greek to me! Thank you. --- ## [When will they drill?](https://www.mineralrightsforum.com/t/when-will-they-drill/74872)
**Author:** [@Amyh37034](https://www.mineralrightsforum.com/u/Amyh37034)\ **Replies:** 1\ **Last updated:** [March 21, 2024, 4:58pm UTC](https://www.mineralrightsforum.com/t/when-will-they-drill/74872 "2024-03-21T16:58:32Z")
We have 20 net acres leased in Weld County, Colorado at 27-7N-63W and heard they applied for permits. Anyone know approximately how long from this stage to drilling takes? Thank you! --- ## [Roger Mills and Ellis, Section 6 & 7, 17N, 24W](https://www.mineralrightsforum.com/t/roger-mills-and-ellis-section-6-7-17n-24w/74856)
**Author:** [@Jbradley](https://www.mineralrightsforum.com/u/Jbradley)\ **Replies:** 4\ **Last updated:** [March 21, 2024, 3:15am UTC](https://www.mineralrightsforum.com/t/roger-mills-and-ellis-section-6-7-17n-24w/74856 "2024-03-21T03:15:03Z")
Received lease offer with bonuses that indicate something must be going on? I don’t normally take the first offer, but curious what’s up so I know how high to go. --- ## [Fair Market Value and Equity Value](https://www.mineralrightsforum.com/t/fair-market-value-and-equity-value/74799)
**Author:** [@susan\_floerchinger](https://www.mineralrightsforum.com/u/susan_floerchinger)\ **Replies:** 2\ **Last updated:** [March 20, 2024, 11:09pm UTC](https://www.mineralrightsforum.com/t/fair-market-value-and-equity-value/74799 "2024-03-20T23:09:20Z")
My sisters and I inherited the mineral rights to Township 162 North, Range 93 West of the 5th P.M., Section 32 back in 2017. The state of Montana wants the Fair Market Value from a landman or broker, and the Equity Value… --- ## [Lease Bonus Amounts Per Acre](https://www.mineralrightsforum.com/t/lease-bonus-amounts-per-acre/74861)
**Author:** [@Mammondee](https://www.mineralrightsforum.com/u/Mammondee)\ **Replies:** 5\ **Last updated:** [March 20, 2024, 7:58pm UTC](https://www.mineralrightsforum.com/t/lease-bonus-amounts-per-acre/74861 "2024-03-20T19:58:53Z")
I am trying to determine an average lease bonus per acre for a 3/16 interest for Section 22, Township 7 North, Range 2 West. I am also trying to determine any current activity for the same parcel. --- ## [Transferring Mineral Rights](https://www.mineralrightsforum.com/t/transferring-mineral-rights/74545)
**Author:** [@Howard1](https://www.mineralrightsforum.com/u/Howard1)\ **Replies:** 5\ **Last updated:** [March 20, 2024, 6:16pm UTC](https://www.mineralrightsforum.com/t/transferring-mineral-rights/74545 "2024-03-20T18:16:39Z")
My mother is wanting to transfer her Howard County, Texas, mineral rights to me and my sister so that they don’t go through probate. What is the process to do this? She lives in Iowa. --- ## [IRS Percentage Depletion Deduction for 2023](https://www.mineralrightsforum.com/t/irs-percentage-depletion-deduction-for-2023/74846)
**Author:** [@jdub](https://www.mineralrightsforum.com/u/jdub)\ **Replies:** 4\ **Last updated:** [March 20, 2024, 2:13pm UTC](https://www.mineralrightsforum.com/t/irs-percentage-depletion-deduction-for-2023/74846 "2024-03-20T14:13:34Z")
In past years I determined my Depletion amount (line 18 on Schedule E \[Form 1040\]) by referring to instructions in IRS Publication 535 (Business Expenses). I used the Percentage Depletion which seemed pretty simple and s… --- ## [Salt Water Drill](https://www.mineralrightsforum.com/t/salt-water-drill/74854)
**Author:** [@Marietta\_Sironen](https://www.mineralrightsforum.com/u/Marietta_Sironen)\ **Replies:** 2\ **Last updated:** [March 20, 2024, 1:44pm UTC](https://www.mineralrightsforum.com/t/salt-water-drill/74854 "2024-03-20T13:44:18Z")
Interested in a lease with a salt water drill on my property in Reeves County, Texas, in the Delaware Basin. --- ## [Labrisa #35-1HZ](https://www.mineralrightsforum.com/t/labrisa-35-1hz/74828)
**Author:** [@Rusty1234](https://www.mineralrightsforum.com/u/Rusty1234)\ **Replies:** 3\ **Last updated:** [March 20, 2024, 3:08am UTC](https://www.mineralrightsforum.com/t/labrisa-35-1hz/74828 "2024-03-20T03:08:29Z")
I own some mineral rights in Township 1 North, Range 65 West, Section 2. Offers have been on the increase as of late, and based on COGIS, it appears that Kerr McGee is actively drilling (Labrisa #35-1HZ) just north, with… --- ## [Cost of P&A a Well](https://www.mineralrightsforum.com/t/cost-of-p-a-a-well/74827)
**Author:** [@Nitins](https://www.mineralrightsforum.com/u/Nitins)\ **Replies:** 5\ **Last updated:** [March 20, 2024, 12:10am UTC](https://www.mineralrightsforum.com/t/cost-of-p-a-a-well/74827 "2024-03-20T00:10:47Z")
Hi, I am looking to get an estimate for P&A costs for a vertical well which has ~7000 TVD depth. Can someone please provide a reasonable ballpark number. Thanks, WI Owner --- ## [Sale of mineral rights and Taxes](https://www.mineralrightsforum.com/t/sale-of-mineral-rights-and-taxes/74851)
**Author:** [@Davidstamm](https://www.mineralrightsforum.com/u/Davidstamm)\ **Replies:** 0\ **Last updated:** [March 19, 2024, 6:16pm UTC](https://www.mineralrightsforum.com/t/sale-of-mineral-rights-and-taxes/74851 "2024-03-19T18:16:46Z")
I sold mineral rights in Tyler County, West Virginia last summer. My great grandfather sold the land in 1919, but retained a portion of the underlying mineral rights. I’m a little confused about how a 1099-S is handled o… --- ## [Permits in Glasscock county](https://www.mineralrightsforum.com/t/permits-in-glasscock-county/74138)
**Author:** [@Lynn\_McFadden](https://www.mineralrightsforum.com/u/Lynn_McFadden)\ **Replies:** 11\ **Last updated:** [March 19, 2024, 3:25pm UTC](https://www.mineralrightsforum.com/t/permits-in-glasscock-county/74138 "2024-03-19T15:25:49Z")
Does anyone know why there are so few permits to drill being filed in Glasscock County? Five in November, two in December, and seven in January… there used to be 14 filed in one day, not three months. Is it the price of … --- ## [$1.3million offer for 40 acres I-32-22S-27E Eddy County](https://www.mineralrightsforum.com/t/1-3million-offer-for-40-acres-i-32-22s-27e-eddy-county/74354)
**Author:** [@Chris\_Kusnierek](https://www.mineralrightsforum.com/u/Chris_Kusnierek)\ **Replies:** 28\ **Last updated:** [March 19, 2024, 3:17am UTC](https://www.mineralrightsforum.com/t/1-3million-offer-for-40-acres-i-32-22s-27e-eddy-county/74354 "2024-03-19T03:17:51Z")
Received a phone call last week with interest in buying my mineral right. (I get them all the time) I have 40 net acres. I jokingly said we wouldn’t entertain offers under $1 million. We really have no interest in sellin… --- ## [OK tax refund](https://www.mineralrightsforum.com/t/ok-tax-refund/73949)
**Author:** [@Lost\_Aggie](https://www.mineralrightsforum.com/u/Lost_Aggie)\ **Replies:** 5\ **Last updated:** [March 19, 2024, 2:22am UTC](https://www.mineralrightsforum.com/t/ok-tax-refund/73949 "2024-03-19T02:22:33Z")
Has anyone else seen significant delays in receiving a tax refund from OK? They asked us for original copies of 1099s last May, after we filed on time. We still haven’t received the refund due and our CPA said she has se… --- ## [Particpating in Operational Costs versus not participating](https://www.mineralrightsforum.com/t/particpating-in-operational-costs-versus-not-participating/74821)
**Author:** [@Tpc](https://www.mineralrightsforum.com/u/Tpc)\ **Replies:** 4\ **Last updated:** [March 18, 2024, 7:17pm UTC](https://www.mineralrightsforum.com/t/particpating-in-operational-costs-versus-not-participating/74821 "2024-03-18T19:17:07Z")
Newbie here - received a letter to participate along with an AFE that is dated over a month ago. What happens if you do not participate, do you still earn royalties? Thank you for any assistance. --- ## [Term assignment for 3 years](https://www.mineralrightsforum.com/t/term-assignment-for-3-years/74789)
**Author:** [@budprat](https://www.mineralrightsforum.com/u/budprat)\ **Replies:** 5\ **Last updated:** [March 18, 2024, 7:07pm UTC](https://www.mineralrightsforum.com/t/term-assignment-for-3-years/74789 "2024-03-18T19:07:52Z")
Received notice from Silverback of intent to drill new wells in Township 18 South, Range 25 East, Section 34, Eddy County. I inherited a working interest and know next to nothing about the business. And I’m getting too o… --- ## [Depletion Allowance on Court Settlement](https://www.mineralrightsforum.com/t/depletion-allowance-on-court-settlement/74336)
**Author:** [@LeeSE](https://www.mineralrightsforum.com/u/LeeSE)\ **Replies:** 6\ **Last updated:** [March 18, 2024, 6:32pm UTC](https://www.mineralrightsforum.com/t/depletion-allowance-on-court-settlement/74336 "2024-03-18T18:32:56Z")
Last year I received a payment from a class action lawsuit (Hogg v. Trinity) seeking recovery of underpayments of gas royalties. Had the royalty been paid directly, it would have been eligible for the depletion allowance… --- ## [Stetson 2H & 3H-19XX](https://www.mineralrightsforum.com/t/stetson-2h-3h-19xx/74829)
**Author:** [@Vicki\_Ferguson\_Fryar](https://www.mineralrightsforum.com/u/Vicki_Ferguson_Fryar)\ **Replies:** 6\ **Last updated:** [March 17, 2024, 11:29pm UTC](https://www.mineralrightsforum.com/t/stetson-2h-3h-19xx/74829 "2024-03-17T23:29:51Z")
Received my division orders today on these two new wells. Can anyone help me with obtaining a completion report? I’ve been lost at their website for a couple of months now. Thanx! --- ## [Increased permit activity in Sec 3-15, 40 T3S](https://www.mineralrightsforum.com/t/increased-permit-activity-in-sec-3-15-40-t3s/74832)
**Author:** [@Lost\_Aggie](https://www.mineralrightsforum.com/u/Lost_Aggie)\ **Replies:** 0\ **Last updated:** [March 17, 2024, 10:52pm UTC](https://www.mineralrightsforum.com/t/increased-permit-activity-in-sec-3-15-40-t3s/74832 "2024-03-17T22:52:08Z")
I am seeing a lot of new permits for horizontal wells in Sections 3-15 of Block 40 Township 3 South. Does anyone have any insight into why there is increased activity? Apache has had some successful Braun wells and Endea… --- ## [Gross acres question](https://www.mineralrightsforum.com/t/gross-acres-question/74767)
**Author:** [@KBragg](https://www.mineralrightsforum.com/u/KBragg)\ **Replies:** 4\ **Last updated:** [March 17, 2024, 5:38pm UTC](https://www.mineralrightsforum.com/t/gross-acres-question/74767 "2024-03-17T17:38:09Z")
Hello, I have a question. On my memorandum of oil and gas lease through Antero Resources it says gross acres 108.51875. My question is, is that the actual acres that I have inherited or total acres that is being drilled … --- ## [2 questions! one about refracking and the other about leasing](https://www.mineralrightsforum.com/t/2-questions-one-about-refracking-and-the-other-about-leasing/74811)
**Author:** [@Rutledge](https://www.mineralrightsforum.com/u/Rutledge)\ **Replies:** 1\ **Last updated:** [March 16, 2024, 10:18pm UTC](https://www.mineralrightsforum.com/t/2-questions-one-about-refracking-and-the-other-about-leasing/74811 "2024-03-16T22:18:56Z")
I have 2 questions. #1. I have 2 original wells in Howard County that have been activated in 2022. They both are going pretty good, so they drilled 4 more holes in each original well to pump more at a time. My question i… --- ## [Texas Unclaimed Property Check here for Escheated Royalties](https://www.mineralrightsforum.com/t/texas-unclaimed-property-check-here-for-escheated-royalties/74762)
**Author:** [@Forum\_Administrator](https://www.mineralrightsforum.com/u/Forum_Administrator)\ **Replies:** 1\ **Last updated:** [March 13, 2024, 1:30pm UTC](https://www.mineralrightsforum.com/t/texas-unclaimed-property-check-here-for-escheated-royalties/74762 "2024-03-13T13:30:51Z")
Oil and gas royalties that have not been distributed to the rightful owner get escheated to the State. Check here if you think you’ve got unclaimed oil and gas royalties in the State of Texas. --- ## [Just Inherited Mineral and Surface Rights needing some guidance](https://www.mineralrightsforum.com/t/just-inherited-mineral-and-surface-rights-needing-some-guidance/74294)
**Author:** [@SarahFS](https://www.mineralrightsforum.com/u/SarahFS)\ **Replies:** 9\ **Last updated:** [March 16, 2024, 2:27am UTC](https://www.mineralrightsforum.com/t/just-inherited-mineral-and-surface-rights-needing-some-guidance/74294 "2024-03-16T02:27:11Z")
My siblings and I just inherited mineral and surface rights from our mother. We have not had the time to dig into all of this, but we are now receiving leases. We just received a Brine Lease located at Township 14 North,… --- ## [Coal mining in Morgan County Kentucky](https://www.mineralrightsforum.com/t/coal-mining-in-morgan-county-kentucky/74810)
**Author:** [@Feagin](https://www.mineralrightsforum.com/u/Feagin)\ **Replies:** 1\ **Last updated:** [March 16, 2024, 12:57am UTC](https://www.mineralrightsforum.com/t/coal-mining-in-morgan-county-kentucky/74810 "2024-03-16T00:57:58Z")
Do you know of anyone that is mining coal in Morgan County, Kentucky? --- ## [Mineral Rights Estimate Issues](https://www.mineralrightsforum.com/t/mineral-rights-estimate-issues/74740)
**Author:** [@TexasMineralNewbie](https://www.mineralrightsforum.com/u/TexasMineralNewbie)\ **Replies:** 9\ **Last updated:** [March 15, 2024, 1:29pm UTC](https://www.mineralrightsforum.com/t/mineral-rights-estimate-issues/74740 "2024-03-15T13:29:16Z")
Hi All, Looking for some advice on an issue I’ve encountered. I came on this site last year looking for help and suggestions on getting a value on my father’s mineral rights. As expected, I received lots of advice and w… --- ## [Ameredev Permits](https://www.mineralrightsforum.com/t/ameredev-permits/74805)
**Author:** [@WinklerLabrador](https://www.mineralrightsforum.com/u/WinklerLabrador)\ **Replies:** 0\ **Last updated:** [March 15, 2024, 1:20pm UTC](https://www.mineralrightsforum.com/t/ameredev-permits/74805 "2024-03-15T13:20:08Z")
Has anybody heard if they will drill those permits in northwest Winkler County? Looks like it’s about 10 pads with 3-5 permits each, but they have been around for almost 1-2 years now, so I don’t know if they’re going to… [Previous page](https://www.mineralrightsforum.com/latest.md?page=142) [Next page](https://www.mineralrightsforum.com/latest.md?page=144)