# Latest **URL:** https://www.mineralrightsforum.com/latest.md?page=478 [Latest](https://www.mineralrightsforum.com/latest.md) · [Categories](https://www.mineralrightsforum.com/categories.md) · [Tags](https://www.mineralrightsforum.com/tags.md) **Page:** 479 --- ## [Calculating tax basis of mineral rights inherited in 2007](https://www.mineralrightsforum.com/t/calculating-tax-basis-of-mineral-rights-inherited-in-2007/45129)
**Author:** [@Sher](https://www.mineralrightsforum.com/u/Sher)\ **Replies:** 18\ **Last updated:** [April 30, 2019, 10:21pm UTC](https://www.mineralrightsforum.com/t/calculating-tax-basis-of-mineral-rights-inherited-in-2007/45129 "2019-04-30T22:21:16Z")
Good morning: We inherited 14.2 acres of mineral rights in Williams County, North Dakota, in 2007. We are considering selling and don’t have any idea how to determine the cost basis in order to calculate capital gains ta… --- ## [Difference between an assignment and a lease](https://www.mineralrightsforum.com/t/difference-between-an-assignment-and-a-lease/45288)
**Author:** [@Steven\_Hales](https://www.mineralrightsforum.com/u/Steven_Hales)\ **Replies:** 2\ **Last updated:** [April 30, 2019, 9:59pm UTC](https://www.mineralrightsforum.com/t/difference-between-an-assignment-and-a-lease/45288 "2019-04-30T21:59:26Z")
If anyone would answer this question that would be great. What is the difference between an assignment and a lease? I received an offer of an assignment rather than a lease. The assignment appears to essentially be the s… --- ## [Fayette County TX](https://www.mineralrightsforum.com/t/fayette-county-tx/45300)
**Author:** [@Betsy1955](https://www.mineralrightsforum.com/u/Betsy1955)\ **Replies:** 3\ **Last updated:** [April 30, 2019, 9:46pm UTC](https://www.mineralrightsforum.com/t/fayette-county-tx/45300 "2019-04-30T21:46:29Z")
Hello. Is this still an active forum? I have learned about some property I am due to inherit shortly in Fayette County. I know nothing about the area other than our Olsovsky ancestors settled here. As I am not local, I w… --- ## [Landman Rusk county, TX](https://www.mineralrightsforum.com/t/landman-rusk-county-tx/45059)
**Author:** [@Cathy\_A\_Compton\_Kurtz](https://www.mineralrightsforum.com/u/Cathy_A_Compton_Kurtz)\ **Replies:** 2\ **Last updated:** [April 30, 2019, 8:44pm UTC](https://www.mineralrightsforum.com/t/landman-rusk-county-tx/45059 "2019-04-30T20:44:05Z")
I am looking for a landman who operates in Rusk County, Texas. I have some specific questions regarding my minerals in the James Latham Survey. --- ## [Eight Energy, Inc](https://www.mineralrightsforum.com/t/eight-energy-inc/45291)
**Author:** [@Misn](https://www.mineralrightsforum.com/u/Misn)\ **Replies:** 4\ **Last updated:** [April 30, 2019, 8:39pm UTC](https://www.mineralrightsforum.com/t/eight-energy-inc/45291 "2019-04-30T20:39:37Z")
Curious to know if anyone has ever heard of this leasing company or have any dealings with them. --- ## [Drilling information](https://www.mineralrightsforum.com/t/drilling-information/45294)
**Author:** [@Susan\_Vas](https://www.mineralrightsforum.com/u/Susan_Vas)\ **Replies:** 1\ **Last updated:** [April 30, 2019, 7:55pm UTC](https://www.mineralrightsforum.com/t/drilling-information/45294 "2019-04-30T19:55:48Z")
First time user - several months ago I was told Newfield planned on adding several wells on 17-16-8 (Dan1H17) and 29-17-8 (Santa Anna 1H29K) apparently approved. Haven’t heard anything else - do you know if there is any … --- ## [Sale of liquid gas](https://www.mineralrightsforum.com/t/sale-of-liquid-gas/45295)
**Author:** [@Cindy\_Breeland](https://www.mineralrightsforum.com/u/Cindy_Breeland)\ **Replies:** 0\ **Last updated:** [April 30, 2019, 7:53pm UTC](https://www.mineralrightsforum.com/t/sale-of-liquid-gas/45295 "2019-04-30T19:53:09Z")
Maybe someone can answer this. Last month I had a royalty check of 2,000; this month only 300.00 like it’s been for months. Question is do you get the royalties when the gas sells to a buyer? The last month had dates of … --- ## [Help finding info for 7-5N-10W Caddo County](https://www.mineralrightsforum.com/t/help-finding-info-for-7-5n-10w-caddo-county/45284)
**Author:** [@Mary\_F\_Carlon](https://www.mineralrightsforum.com/u/Mary_F_Carlon)\ **Replies:** 1\ **Last updated:** [April 30, 2019, 6:56pm UTC](https://www.mineralrightsforum.com/t/help-finding-info-for-7-5n-10w-caddo-county/45284 "2019-04-30T18:56:51Z")
Any information on Southeast quarter of Section 7 in Township 5 North of Range 10 West of Indian Meridian, Caddo County? --- ## [Leasing Garvin County, OK Section 31-2N-1W](https://www.mineralrightsforum.com/t/leasing-garvin-county-ok-section-31-2n-1w/45097)
**Author:** [@Sally\_Loden](https://www.mineralrightsforum.com/u/Sally_Loden)\ **Replies:** 4\ **Last updated:** [April 30, 2019, 5:16pm UTC](https://www.mineralrightsforum.com/t/leasing-garvin-county-ok-section-31-2n-1w/45097 "2019-04-30T17:16:05Z")
I have been contacted by two companies regarding a lease in Garvin County, OK Section 31-2N-1W. MK & P Energy is offering a bonus of $750 per acre for 22% royalty interest at a 3-year term. Rimrock Resource Operating sa… --- ## [Sold Mineral Rights in Section 21-07N-05W](https://www.mineralrightsforum.com/t/sold-mineral-rights-in-section-21-07n-05w/32941)
**Author:** [@CodieRae](https://www.mineralrightsforum.com/u/CodieRae)\ **Replies:** 9\ **Last updated:** [April 30, 2019, 4:20pm UTC](https://www.mineralrightsforum.com/t/sold-mineral-rights-in-section-21-07n-05w/32941 "2019-04-30T16:20:30Z")
My dad got an offer in June of 20K/nma for his mineral rights in this section. He countered with 25K and they accepted so he sold. He is 84 and this sale enabled him to pay off two mortgages so seems well worth it for hi… --- ## [Madison County TX Oil Activity](https://www.mineralrightsforum.com/t/madison-county-tx-oil-activity/45272)
**Author:** [@pawpaw](https://www.mineralrightsforum.com/u/pawpaw)\ **Replies:** 2\ **Last updated:** [April 30, 2019, 2:47pm UTC](https://www.mineralrightsforum.com/t/madison-county-tx-oil-activity/45272 "2019-04-30T14:47:13Z")
Hello, I see that Apache permitted a well near Bedias, to be drilled to 12,000 ft. Any leases in Madison County or lease price info? Thanks… --- ## [Unfamiliar pooling terminology](https://www.mineralrightsforum.com/t/unfamiliar-pooling-terminology/45255)
**Author:** [@Robin\_J\_Amos](https://www.mineralrightsforum.com/u/Robin_J_Amos)\ **Replies:** 2\ **Last updated:** [April 30, 2019, 1:03am UTC](https://www.mineralrightsforum.com/t/unfamiliar-pooling-terminology/45255 "2019-04-30T01:03:41Z")
OK. Pooling Order #695219 Dewey 27-18N-14W Options: $2500 1/8; $2000 3/16; $1500 1/5. I normally take the low bonus and higher royalty. I’ve never seen these wordings before. Would someone please explain the following fo… --- ## [Garvin County S29-4N-4W](https://www.mineralrightsforum.com/t/garvin-county-s29-4n-4w/43570)
**Author:** [@mbowman](https://www.mineralrightsforum.com/u/mbowman)\ **Replies:** 4\ **Last updated:** [April 29, 2019, 11:39pm UTC](https://www.mineralrightsforum.com/t/garvin-county-s29-4n-4w/43570 "2019-04-29T23:39:01Z")
Do you know if Rimrock has sent out Division Orders for Campolina 1-29-20OUSH? I have not received any information on it as I have mineral rights in this Section. --- ## [Activity in 32-7N-7W grady county](https://www.mineralrightsforum.com/t/activity-in-32-7n-7w-grady-county/45201)
**Author:** [@Michaelgene](https://www.mineralrightsforum.com/u/Michaelgene)\ **Replies:** 1\ **Last updated:** [April 29, 2019, 5:17pm UTC](https://www.mineralrightsforum.com/t/activity-in-32-7n-7w-grady-county/45201 "2019-04-29T17:17:26Z")
Does anyone know if there is any activity in 32 7 7 Grady County? --- ## [Offer to lease sections 270 and 271 Block 13 Reeves county, Texas](https://www.mineralrightsforum.com/t/offer-to-lease-sections-270-and-271-block-13-reeves-county-texas/1663)
**Author:** [@Rick5](https://www.mineralrightsforum.com/u/Rick5)\ **Replies:** 58\ **Last updated:** [April 29, 2019, 5:40pm UTC](https://www.mineralrightsforum.com/t/offer-to-lease-sections-270-and-271-block-13-reeves-county-texas/1663 "2019-04-29T17:40:11Z")
We have been approached by an oil company to extend a lease for the above described sections. The offer is 2 year extension, 1/4 royalty, 4,000 pnma. Thinking the lease bonus is below fair market value. Any ideas on this… --- ## [Possible Ownership of Mineral Rights](https://www.mineralrightsforum.com/t/possible-ownership-of-mineral-rights/45249)
**Author:** [@Jack\_Wells](https://www.mineralrightsforum.com/u/Jack_Wells)\ **Replies:** 0\ **Last updated:** [April 29, 2019, 9:26pm UTC](https://www.mineralrightsforum.com/t/possible-ownership-of-mineral-rights/45249 "2019-04-29T21:26:57Z")
I started receiving offers, about a dozen, to buy royalties/mineral rights on producing wells in Martin County, Texas that I was being told that I have a vested interest/ownership. I have never received any royalty payme… --- ## [Richland County, MT](https://www.mineralrightsforum.com/t/richland-county-mt/45196)
**Author:** [@pwatkins](https://www.mineralrightsforum.com/u/pwatkins)\ **Replies:** 2\ **Last updated:** [April 29, 2019, 8:40pm UTC](https://www.mineralrightsforum.com/t/richland-county-mt/45196 "2019-04-29T20:40:46Z")
Both of my parents (now divorced) were born in Sidney, Montana. Each has mineral rights paperwork specific to oil & gas leases in Richland County. Each has records of receiving royalties on these leases. Both parents are… --- ## [Who's drilling in Custer County 2019?](https://www.mineralrightsforum.com/t/whos-drilling-in-custer-county-2019/45203)
**Author:** [@Lafslastlafsloud78](https://www.mineralrightsforum.com/u/Lafslastlafsloud78)\ **Replies:** 2\ **Last updated:** [April 29, 2019, 8:01pm UTC](https://www.mineralrightsforum.com/t/whos-drilling-in-custer-county-2019/45203 "2019-04-29T20:01:04Z")
…did Chesapeake move completely out of the county, shut down, what? Had a teensy, miniscule, look-boss-the-plane class action settlement check from them in 2016 and haven’t thought too much about it until, this may sound… --- ## [Letter from Jackfork about 12 & 13 5N4W](https://www.mineralrightsforum.com/t/letter-from-jackfork-about-12-13-5n4w/45215)
**Author:** [@Joyce\_Sills](https://www.mineralrightsforum.com/u/Joyce_Sills)\ **Replies:** 5\ **Last updated:** [April 29, 2019, 7:03pm UTC](https://www.mineralrightsforum.com/t/letter-from-jackfork-about-12-13-5n4w/45215 "2019-04-29T19:03:20Z")
Did anyone else receive a letter from Jackfork Land Inc? What are your thoughts? --- ## [Well activity in Hughes County Ok](https://www.mineralrightsforum.com/t/well-activity-in-hughes-county-ok/1769)
**Author:** [@Mary\_Michelle\_Messecar](https://www.mineralrightsforum.com/u/Mary_Michelle_Messecar)\ **Replies:** 41\ **Last updated:** [April 29, 2019, 4:58pm UTC](https://www.mineralrightsforum.com/t/well-activity-in-hughes-county-ok/1769 "2019-04-29T16:58:53Z")
Wondering how active Hughes County is at this point? Any feedback would be appreciated. --- ## [They threatened to sue Grannie!](https://www.mineralrightsforum.com/t/they-threatened-to-sue-grannie/45228)
**Author:** [@KatFrank](https://www.mineralrightsforum.com/u/KatFrank)\ **Replies:** 2\ **Last updated:** [April 29, 2019, 3:21pm UTC](https://www.mineralrightsforum.com/t/they-threatened-to-sue-grannie/45228 "2019-04-29T15:21:43Z")
Grannie received a packet from an attorney saying if she didn’t sell her coal interest in WV they would file a suit against her and ask the courts to partition her interest and then sell it to a co-tenant or on the court… --- ## [19 9n 4w McClain](https://www.mineralrightsforum.com/t/19-9n-4w-mcclain/32304)
**Author:** [@Tom\_Wells](https://www.mineralrightsforum.com/u/Tom_Wells)\ **Replies:** 19\ **Last updated:** [April 29, 2019, 3:18pm UTC](https://www.mineralrightsforum.com/t/19-9n-4w-mcclain/32304 "2019-04-29T15:18:50Z")
Any information on activity in this section. Been getting offers to buy $7,500 for 3/16. Have an old lease HBP with Crawley operating. --- ## [I'm Confused](https://www.mineralrightsforum.com/t/im-confused/45149)
**Author:** [@Bob\_Carpenter](https://www.mineralrightsforum.com/u/Bob_Carpenter)\ **Replies:** 5\ **Last updated:** [April 29, 2019, 3:13pm UTC](https://www.mineralrightsforum.com/t/im-confused/45149 "2019-04-29T15:13:45Z")
I have by heirship 19.79 acres of Lot 2 and all of Lot 3 and the NE 10 acres of Lot 4 all located in Section 19-9N-4W through a quitclaim mineral deed filed in McClain County. Can anyone help me understand what that mean… --- ## [Understanding a mineral lease offer](https://www.mineralrightsforum.com/t/understanding-a-mineral-lease-offer/45184)
**Author:** [@kthwllc](https://www.mineralrightsforum.com/u/kthwllc)\ **Replies:** 4\ **Last updated:** [April 29, 2019, 12:16pm UTC](https://www.mineralrightsforum.com/t/understanding-a-mineral-lease-offer/45184 "2019-04-29T12:16:44Z")
I had posted here a month or two ago, and it’s been slow going for me to learn info about the mineral rights that have come to my family. But we are starting to get more offers from companies to buy them, and selling is … --- ## [Escarpa Roja 57-T1-34 questions](https://www.mineralrightsforum.com/t/escarpa-roja-57-t1-34-questions/44327)
**Author:** [@susan\_huerta](https://www.mineralrightsforum.com/u/susan_huerta)\ **Replies:** 5\ **Last updated:** [April 29, 2019, 3:20am UTC](https://www.mineralrightsforum.com/t/escarpa-roja-57-t1-34-questions/44327 "2019-04-29T03:20:27Z")
I own 5 acres and mineral rights included in this well. Like everyone else, I’m inundated with offers. The lowest has been 20k and the highest 80k. The well is just gas at this point from what I can tell. Do gas wells be… --- ## [T 20 South R 38 East section 10, 15 and 22](https://www.mineralrightsforum.com/t/t-20-south-r-38-east-section-10-15-and-22/44802)
**Author:** [@Kathy\_Mounts](https://www.mineralrightsforum.com/u/Kathy_Mounts)\ **Replies:** 3\ **Last updated:** [April 28, 2019, 8:28pm UTC](https://www.mineralrightsforum.com/t/t-20-south-r-38-east-section-10-15-and-22/44802 "2019-04-28T20:28:47Z")
Curious if there is any activity in this area as I leased my share in 2017 to Estacado Land Services. Unable to find any information. Thank you. Section 22; NE/4 NE/4. Section 10; NE/4 SE/4. Section 15; E/2 SE/4. --- ## [How do you track down potash mineral right owners in Canada](https://www.mineralrightsforum.com/t/how-do-you-track-down-potash-mineral-right-owners-in-canada/28971)
**Author:** [@SREAM](https://www.mineralrightsforum.com/u/SREAM)\ **Replies:** 1\ **Last updated:** [April 28, 2019, 7:37pm UTC](https://www.mineralrightsforum.com/t/how-do-you-track-down-potash-mineral-right-owners-in-canada/28971 "2019-04-28T19:37:29Z")
My family has recently discovered that we may own potash mineral rights in Canada. Where can one begin to research who all may be entitled to these mineral rights? --- ## [Section 6 Abstract 1350](https://www.mineralrightsforum.com/t/section-6-abstract-1350/45153)
**Author:** [@Leon\_Flores](https://www.mineralrightsforum.com/u/Leon_Flores)\ **Replies:** 1\ **Last updated:** [April 28, 2019, 2:45am UTC](https://www.mineralrightsforum.com/t/section-6-abstract-1350/45153 "2019-04-28T02:45:48Z")
Is there any new activities in Ward County Section 6, Abstract 1350, Block 33? Thank you. --- ## [Pad Site Question](https://www.mineralrightsforum.com/t/pad-site-question/42081)
**Author:** [@C.Mc](https://www.mineralrightsforum.com/u/C.Mc)\ **Replies:** 14\ **Last updated:** [April 28, 2019, 1:08am UTC](https://www.mineralrightsforum.com/t/pad-site-question/42081 "2019-04-28T01:08:08Z")
Is there likelihood that WH/Chesapeake would build a pretty large pad site and then wait a substantial amount of time before moving in to drill or even pull a permit? I would assume that the money spent to build the pad … --- ## [Angelina County TX Oil & Gas Permits](https://www.mineralrightsforum.com/t/angelina-county-tx-oil-gas-permits/13221)
**Author:** [@Dave\_Thompson](https://www.mineralrightsforum.com/u/Dave_Thompson)\ **Replies:** 83\ **Last updated:** [April 28, 2019, 12:36am UTC](https://www.mineralrightsforum.com/t/angelina-county-tx-oil-gas-permits/13221 "2019-04-28T00:36:05Z")
Post, discuss and share information related to Angelina County Oil & Gas permits in the replies below. Thank you to Clint Liles for championing the effort to keep us all up to date. [Previous page](https://www.mineralrightsforum.com/latest.md?page=477) [Next page](https://www.mineralrightsforum.com/latest.md?page=479)