# Block M Section 65 Bonus amount

**URL:** https://www.mineralrightsforum.com/t/block-m-section-65-bonus-amount/29989
**Category:** Dawson County, TX
**Created:** [July 28, 2018, 8:00am UTC](https://www.mineralrightsforum.com/t/block-m-section-65-bonus-amount/29989 "2018-07-28T08:00:48Z")
**Posts on this page:** 9
**Page:** 1

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### Author: ![C\_P](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/c/9fc29f/32.png) [@C\_P](https://www.mineralrightsforum.com/u/C_P)
#### Post date: [July 28, 2018, 8:00am UTC](https://www.mineralrightsforum.com/t/block-m-section-65-bonus-amount/29989/1 "2018-07-28T08:00:48Z")

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Wondering if anyone else is getting offers in this area and what is the going rate?

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### Author: ![john\_cundieff](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/91b2a8/32.png) [@john\_cundieff](https://www.mineralrightsforum.com/u/john_cundieff)
#### Post date: [July 28, 2018, 12:59pm UTC](https://www.mineralrightsforum.com/t/block-m-section-65-bonus-amount/29989/2 "2018-07-28T12:59:39Z")

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Leases in this area last month were $300/ac with 22.5% and 25% royalty.

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### Author: ![C\_P](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/c/9fc29f/32.png) [@C\_P](https://www.mineralrightsforum.com/u/C_P)
#### Post date: [July 28, 2018, 7:06pm UTC](https://www.mineralrightsforum.com/t/block-m-section-65-bonus-amount/29989/3 "2018-07-28T19:06:00Z")

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That’s good information. Thank you for your response.

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### Author: ![RHH](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/e9a140/32.png) [@RHH](https://www.mineralrightsforum.com/u/RHH)
#### Post date: [July 28, 2018, 7:47pm UTC](https://www.mineralrightsforum.com/t/block-m-section-65-bonus-amount/29989/4 "2018-07-28T19:47:59Z")

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What is the full block description? If you don’t mind saying. What part of Dawson County?

_ **RH** _

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### Author: ![john\_cundieff](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/91b2a8/32.png) [@john\_cundieff](https://www.mineralrightsforum.com/u/john_cundieff)
#### Post date: [July 28, 2018, 11:34pm UTC](https://www.mineralrightsforum.com/t/block-m-section-65-bonus-amount/29989/5 "2018-07-28T23:34:50Z")

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Sec 65, Block M, EL&RR survey--------------------------------------------

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### Author: ![RHH](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/e9a140/32.png) [@RHH](https://www.mineralrightsforum.com/u/RHH)
#### Post date: [July 29, 2018, 8:00pm UTC](https://www.mineralrightsforum.com/t/block-m-section-65-bonus-amount/29989/6 "2018-07-29T20:00:43Z")

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Got it. You are in the Welch area. We are east of town. Old McCarty community.

_ **RH** _

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### Author: ![Jennifer\_B](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/jennifer_b/32/2843_2.png) [@Jennifer\_B](https://www.mineralrightsforum.com/u/Jennifer_B)
#### Post date: [August 13, 2018, 4:11pm UTC](https://www.mineralrightsforum.com/t/block-m-section-65-bonus-amount/29989/7 "2018-08-13T16:11:55Z")

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Check out the map viewer on [www.glo.texas.gov](http://www.glo.texas.gov). It is easier than using the Texas Railroad website, although I may just not know how to navigate that map well. By the looks of your survey, there are a lot of wells located around Section 65 Block M; I seriously think that $300 is a low ball offer. Just my opinion.

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### Author: ![john\_cundieff](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/91b2a8/32.png) [@john\_cundieff](https://www.mineralrightsforum.com/u/john_cundieff)
#### Post date: [August 13, 2018, 8:05pm UTC](https://www.mineralrightsforum.com/t/block-m-section-65-bonus-amount/29989/8 "2018-08-13T20:05:29Z")

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Section 65 block M is about 7 miles due north of Section 77 and is much closer to the old Welch field and San Andres production. The huge increase in leasing between Section 77 and the Welch field may indicate that the experts are betting that the San Andres can be extended more to the south. I hope they are right. We had a Penn Reef well on our interest making 8 barrels a day (2800 barrels in 2003) that was shut down for maintenance in January 2004. And after 4 years of no production or returned phone calls, I mailed a complaint to the TRRC and after two letters to the operator, they were ordered to shut it down and plug which was done in 2008. I know of some $800 leases four years ago very close to us in 2014, but I also know that most of these leases were not extended to the two-year option. Over the last four months I have seen the names of five companies leasing in surveys that border Section 77 and one company had 7 leases in Section 77. So I am waiting for my phone to ring.

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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, 5:43pm UTC](https://www.mineralrightsforum.com/t/block-m-section-65-bonus-amount/29989/9 "2025-01-11T17:43:53Z")

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