Would anyone happen to know if there is any exploration or drilling activity in Section 7, Township 8 South, Range 3 East?
No drilling yet, but several companies are doing some leasing in section 7. R D Williams and Trailhead Exploration.
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That’s my legal description. Had lots of letters wanting to buy my minerals, but that’s it so far.
Looks like someone is getting leasing and buying tidied up in order to drill. Any time I get lots of offers to buy, I assume they know something I do not know and figure they would make a profit off of buying from me. I hold on and wait for royalties. My guess would be future horizontal drilling.
Thank you so much. We had an offer to sell but we didn’t.
My whole family will never sell. We have 40 acres and there are 5 of us.
At 40 acres, you have a nice percentage. Hang on and see what happens in the next year or so.
Joseph, who was your family in that area?
Corey:
Remember “never” is a long time. My guess is there is a “price” that some or all of your family members would sell. As the pieces get smaller with the next generation, who knows—right?
Not my family. Where Goldmans, we hold out. Rich or broke.
Just received papers filed by XTO for spacing and a horizontal well.
We are broke and in need of serious medical attention, but we still have our minerals…
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If you are in 7, 18 & 19, looks like a horizontal well is at the OCC for permission. Also 5 & 8
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A post was split to a new topic: 7S-2E activity 15 & 22
Welcome back to the forum! I moved your question to a new post since it has different Section and Range. We try to keep the topics separate. XTO has a hearing planned for Dec 9 on Section 15 & 22. Progress will depend upon the results of the cases.