# Blk 59 sec 16

**URL:** https://www.mineralrightsforum.com/t/blk-59-sec-16/1952
**Category:** Reeves County, TX
**Created:** [September 22, 2017, 6:44pm UTC](https://www.mineralrightsforum.com/t/blk-59-sec-16/1952 "2017-09-22T18:44:29Z")
**Posts on this page:** 3
**Page:** 2

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### Author: ![M\_A\_Smith](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_a_smith/32/4708_2.png) [@M\_A\_Smith](https://www.mineralrightsforum.com/u/M_A_Smith)
#### Post date: [September 26, 2017, 9:15pm UTC](https://www.mineralrightsforum.com/t/blk-59-sec-16/1952/21 "2017-09-26T21:15:49Z")

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We entered a 3-year lease prior to the collapse of oil prices for $3,500 per NMA. We haven’t seen anything in that ballpark for that area recently even though offers on our other acreage in other blocks to the east have more than doubled in the last year ($6,000 to $8,000 per NMA).

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### Author: ![BP1](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/bp1/32/69_2.png) [@BP1](https://www.mineralrightsforum.com/u/BP1)
#### Post date: [November 1, 2017, 7:11pm UTC](https://www.mineralrightsforum.com/t/blk-59-sec-16/1952/22 "2017-11-01T19:11:27Z")

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Any luck on getting a hold of other owners?

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### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 5:10pm UTC](https://www.mineralrightsforum.com/t/blk-59-sec-16/1952/23 "2025-01-11T17:10:53Z")

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