# Block C-18 3 Yr Lease Expiring/2 Yr Option to Extend Lease?
**URL:** https://www.mineralrightsforum.com/t/block-c-18-3-yr-lease-expiring-2-yr-option-to-extend-lease/10455
**Category:** Reeves County, TX
**Created:** [May 23, 2014, 8:07pm UTC](https://www.mineralrightsforum.com/t/block-c-18-3-yr-lease-expiring-2-yr-option-to-extend-lease/10455 "2014-05-23T20:07:31Z")
**Posts on this page:** 9
**Page:** 1
### Author:  [@Lea\_Scalf](https://www.mineralrightsforum.com/u/Lea_Scalf)
#### Post date: [May 23, 2014, 8:07pm UTC](https://www.mineralrightsforum.com/t/block-c-18-3-yr-lease-expiring-2-yr-option-to-extend-lease/10455/1 "2014-05-23T20:07:31Z")
Hi,
Our 3-year Lease for on: (A-3929 PSL C-18 Section 5) is expiring next month.
I believe lease is with BHP. (originally started with KEW drilling).
Is anyone aware if they are exercising the 2-year extended Lease Option??
Thank you,
Lea Pack Scalf
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### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [May 24, 2014, 1:37am UTC](https://www.mineralrightsforum.com/t/block-c-18-3-yr-lease-expiring-2-yr-option-to-extend-lease/10455/2 "2014-05-24T01:37:34Z")
Lea- Go back in the main Reeves County thread to Dec. - Feb. and there are some maps showing what BHP is keeping versus what they are trying to sell, which means they are unlikely to renew unless they find a buyer. BHP did not pick up the option on the majority of our acreage.
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### Author:  [@fred\_klein](https://www.mineralrightsforum.com/u/fred_klein)
#### Post date: [May 24, 2014, 3:38am UTC](https://www.mineralrightsforum.com/t/block-c-18-3-yr-lease-expiring-2-yr-option-to-extend-lease/10455/3 "2014-05-24T03:38:16Z")
Yes, BHP quickly exercised the 2-year option on our lease in C-18 Section 4.
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### Author:  [@Lea\_Scalf](https://www.mineralrightsforum.com/u/Lea_Scalf)
#### Post date: [May 27, 2014, 7:05pm UTC](https://www.mineralrightsforum.com/t/block-c-18-3-yr-lease-expiring-2-yr-option-to-extend-lease/10455/4 "2014-05-27T19:05:38Z")
Thank you both Wade & Fred! I guess we’ll find out soon enough next month if BHP wants to exercise the 2-year option on our lease! Not worried either way, just curious. I know the demand is high in our area so it’s just a matter of time. 🙂
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### Author:  [@Lea\_Scalf](https://www.mineralrightsforum.com/u/Lea_Scalf)
#### Post date: [July 2, 2014, 5:46pm UTC](https://www.mineralrightsforum.com/t/block-c-18-3-yr-lease-expiring-2-yr-option-to-extend-lease/10455/5 "2014-07-02T17:46:52Z")
The 2 Year Option to extend date came & went last week, with no extension from BHP.
BHP never contacted us, nor sent us a check.
So, hopefully I’m reading the original Lease properly (which was originally signed with KEW drilling), and understand that we regain control of our net mineral acres!!! which is what we wanted. 🙂
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### Author:  [@fred\_klein](https://www.mineralrightsforum.com/u/fred_klein)
#### Post date: [July 4, 2014, 2:26am UTC](https://www.mineralrightsforum.com/t/block-c-18-3-yr-lease-expiring-2-yr-option-to-extend-lease/10455/6 "2014-07-04T02:26:59Z")
The 2 Year Option to extend date came and went last week, with no extension from BHP. BHP never contacted us, nor sent us a check. So, hopefully I’m reading the original Lease properly (which was originally signed with KEW drilling), and understand that we regain control of our net mineral acres!!! which is what we wanted. 🙂 Best of luck with your property. Maybe a new company and new lease will be forthcoming.
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### Author:  [@Lea\_Scalf](https://www.mineralrightsforum.com/u/Lea_Scalf)
#### Post date: [July 4, 2014, 6:28pm UTC](https://www.mineralrightsforum.com/t/block-c-18-3-yr-lease-expiring-2-yr-option-to-extend-lease/10455/7 "2014-07-04T18:28:43Z")
fred klein said:
Thks Fred! KEW Drilling got our Mom to agree to a lower NMA & royalty bonus in 2011. Our Mom has since passed away and now the lease is with me, my sister, and our cousins. And now that I joined this Forum and researched, I have much better understanding of the value of our NMA in this area of Delaware Basin in Reeves County. Thanks!!
Lea Scalf said:
The 2 Year Option to extend date came and went last week, with no extension from BHP.
BHP never contacted us, nor sent us a check.
So, hopefully I’m reading the original Lease properly (which was originally signed with KEW drilling), and understand that we regain control of our net mineral acres!!! which is what we wanted. 🙂
Best of luck with your property. Maybe a new company and new lease will be forthcoming.
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### Author:  [@Lea\_Scalf](https://www.mineralrightsforum.com/u/Lea_Scalf)
#### Post date: [July 18, 2014, 9:31pm UTC](https://www.mineralrightsforum.com/t/block-c-18-3-yr-lease-expiring-2-yr-option-to-extend-lease/10455/8 "2014-07-18T21:31:30Z")
I finally found that BHP map showing what they are “divesting” and their “focus area”.
I believe our NMA in Block C-18/Section 5 are located in their Focus Area, yet they did not contact us to renew our lease which expired end of June. Bit odd?
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 15, 2018, 12:38am UTC](https://www.mineralrightsforum.com/t/block-c-18-3-yr-lease-expiring-2-yr-option-to-extend-lease/10455/9 "2018-08-15T00:38:02Z")