Not sure if anyone can help me but hoping so. I inherited interests in several sections in Reeves County, Texas. Oxy has drilled a well in Section 40, Block 51, Township 7, T&P for which I am receiving a small royalty each month. However, according to various documents, I also have interests in Section 44, Block 50, Township 7, Section 18, Block 49, Township 8 and Section 28, Block 50, Township 8. Does anyone know of any activity in these other sections? Really new to all this and glad I found this website. Pretty overwhelming and I would truly appreciate any response. Thanks in advance!
EA,
I’m a surface/mineral owner in your neck of the woods. I see the Oxy well in 40-51T7 you mentioned and another permitted that runs through that section and another. 44-50T7 has a vertical Chevron well in the southwest quarter that is a marginal producer. 18-49T8S has a vertical Endeavor well in its northeast quarter that is a marginal producer. I don’t see anything but some plugged wells and an old 1996 permitted but undrilled well in 28-50T8. All of this definitely doesn’t mean that there won’t be developments in the future, though. This is a good area.
Thx, Marcus. I'm really a fish out of water. Been told by others not to worry. If they drill, the oil companies will find you. Hope so!
EA,
If your property tax records are up-to-date, interested oil companies will be able to find you (along with others all over the world you may not want to hear from).
Check here: http://www.reevescad.org/
Best of luck!
Thx! I was afraid of that. Not even sure about the tax records. From what I understand, there are no taxes if no production and no surface ownership.
EA - I also just realized that you leased your interest in 18-49T8S to Brigham not too long ago. They sold that and other tracts in the area to Diamondback Energy recently. Just FYI.