# Cheyenne County, CO - Oil & Gas Discussion archives
**URL:** https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302
**Category:** Cheyenne County, CO
**Created:** [October 15, 2011, 1:28pm UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302 "2011-10-15T13:28:40Z")
**Posts on this page:** 20
**Page:** 1
### Author:  [@Ed\_Skeeters](https://www.mineralrightsforum.com/u/Ed_Skeeters)
#### Post date: [October 15, 2011, 1:28pm UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/1 "2011-10-15T13:28:40Z")
Oil & gas discussion group for those interested in Cheyenne County, Colorado. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.
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### Author:  [@Matthew\_Potter](https://www.mineralrightsforum.com/u/Matthew_Potter)
#### Post date: [October 20, 2011, 11:01pm UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/2 "2011-10-20T23:01:29Z")
My siblings and I recently signed pretty much the same deal with Paschal Energy. I don’t have my tract number handy, but I don’t think we’re far from your interest.
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### Author:  [@Brooksye\_S\_Gertsch](https://www.mineralrightsforum.com/u/Brooksye_S_Gertsch)
#### Post date: [October 21, 2011, 2:19pm UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/3 "2011-10-21T14:19:31Z")
I, also, recently signed with Paschal for the same deal. After having absolutely no interest expressed in my mineral acreage in this area for years, all of a sudden things seem to be popping. I wonder which oil or gas companies have plans.
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### Author:  [@Jason\_Schluter](https://www.mineralrightsforum.com/u/Jason_Schluter)
#### Post date: [January 17, 2012, 4:59am UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/4 "2012-01-17T04:59:01Z")
We have several hundred acres throughout Cheyenne County, particularly south of Cheyenne Wells and both East and West of Highway 385. We have had several offers from multiple landmen. The first one started at $50/acre but we turned it down. Our best offer so far, after some negotiating, is $125/acre at 1/8th royalty for 3 years with 2 year option.
My brother-in-law, who also has an interest in the mineral rights, works for an oil company in Houston as an analyst. He has talked to several of his friends throughout the oil industry who are advising him to hold out as they expect the prices to go higher. Although $125 is a good price for our area with regards to its history of leasing, I believe we are going to wait it out a little longer as we expect the prices to increase. The rumor is that Chesapeake is making a play in this area and I tend to believe it.
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### Author:  [@Matthew\_Potter](https://www.mineralrightsforum.com/u/Matthew_Potter)
#### Post date: [January 24, 2012, 2:01am UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/6 "2012-01-24T02:01:29Z")
Don’t know. I just wish they’d get it over and get to something. It seems they are scooping up quite a bit to be planning on just holding it, but I’m no expert.
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### Author:  [@glen\_everhart](https://www.mineralrightsforum.com/u/glen_everhart)
#### Post date: [January 24, 2012, 4:39pm UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/8 "2012-01-24T16:39:53Z")
I have had a couple offers on my land in Cheyenne County to date. One from Paschal and one from Diamond Resources. One was $50 NMA with 15% royalty for 5 years and 3 year option at $100 and 15%. I also have received $75 NMA and 15% for 5 years and the same for a 3 year option. I haven’t signed anything yet but I have a feeling could probably get more on the agreements.
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### Author:  [@Jesse\_Foster](https://www.mineralrightsforum.com/u/Jesse_Foster)
#### Post date: [January 25, 2012, 5:45pm UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/9 "2012-01-25T17:45:01Z")
I located a geocommunicator map (link below) and plotted the offers I found posted on this site. If you update a post with your platt info (13S 51W), I will update the map and repost. The offer I received last October was $25 for 5 yrs + 5 yr option from Diamond for 13S 51W. I did not accept the offer.
Cheyenne County Mineral Rights Offers.docx
[http://www.geocommunicator.gov/blmMap/Map.jsp?MAP=Energy](http://www.geocommunicator.gov/blmMap/Map.jsp?MAP=Energy)
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### Author:  [@mel\_fry\_jr](https://www.mineralrightsforum.com/u/mel_fry_jr)
#### Post date: [January 28, 2012, 8:25pm UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/10 "2012-01-28T20:25:30Z")
My mother has rights east of Cheyenne Wells and she got an offer from Peakview Energy with a landman’s own company, offering $100.00 an acre. Just wondering if anybody else knows of this outfit.
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### Author:  [@Sean\_Clay](https://www.mineralrightsforum.com/u/Sean_Clay)
#### Post date: [February 9, 2012, 1:12am UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/12 "2012-02-09T01:12:19Z")
Have an offer from Paschal right now, for SE Cheyenne County, for $75 for 5+5. They don’t want to remove the ‘Warrant & Defend’, or to split my two non-contiguous properties into two separate leases. They also sent a 60 day draft, instead of a check. According to what I have read on this site, these things are not in my best interest. What is the best way to contact other companies, to let them know that I have land to lease, and get some better offers?
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### Author:  [@mel\_fry\_jr](https://www.mineralrightsforum.com/u/mel_fry_jr)
#### Post date: [February 9, 2012, 4:22am UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/13 "2012-02-09T04:22:57Z")
Jordan, thanks for the info, the 60 day draft is what we have been told, again thanks for the info.
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### Author:  [@Ed\_Skeeters](https://www.mineralrightsforum.com/u/Ed_Skeeters)
#### Post date: [February 9, 2012, 4:53am UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/14 "2012-02-09T04:53:03Z")
Have heard lately more activity with Paschal that is $100 for 3 + 5 and 15%. There may be activity with others at higher prices by now too.
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### Author:  [@mel\_fry\_jr](https://www.mineralrightsforum.com/u/mel_fry_jr)
#### Post date: [February 14, 2012, 8:42pm UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/18 "2012-02-14T20:42:43Z")
What does auction mean? Thanks.
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### Author:  [@Tracy\_murphy](https://www.mineralrightsforum.com/u/Tracy_murphy)
#### Post date: [February 28, 2012, 1:50pm UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/20 "2012-02-28T13:50:09Z")
I’m wondering if Jason Schluter, or anyone else, has additional info on what’s happening in Cheyenne County (especially terms of current lease offerings)? Several leases have just been recorded in the Cheyenne public records.
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### Author:  [@Tracy\_murphy](https://www.mineralrightsforum.com/u/Tracy_murphy)
#### Post date: [February 28, 2012, 8:03pm UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/21 "2012-02-28T20:03:55Z")
Thank you Curly. You appear to be well informed. Do you know what specific area is going for $400 per in Cheyenne? If so, will you post it on the Cheyenne offers map?
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### Author:  [@Jenna\_H\_Keller](https://www.mineralrightsforum.com/u/Jenna_H_Keller)
#### Post date: [February 28, 2012, 8:19pm UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/22 "2012-02-28T20:19:57Z")
Results from Colorado state land auctions can be accessed here: [Colorado State Land Auctions](http://trustlands.state.co.us/Sections/Minerals/Pages/Auctions.aspx). It is organized alphabetically by County.
_DISCLAIMER:_ The information in this posting is for general information purposes only. This posting should not be substituted for legal advice and should not be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or reading does not constitute, an attorney-client relationship. You are encouraged to contact an attorney for legal advice concerning the information provided.
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### Author:  [@Tracy\_murphy](https://www.mineralrightsforum.com/u/Tracy_murphy)
#### Post date: [February 29, 2012, 10:12pm UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/24 "2012-02-29T22:12:02Z")
Since yesterday there have been an additional 37 leases recorded in Cheyenne County. Many by C.R. Petry Investments. Does anyone have info on any of the details of these leases?
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### Author:  [@Tracy\_murphy](https://www.mineralrightsforum.com/u/Tracy_murphy)
#### Post date: [March 1, 2012, 4:15pm UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/25 "2012-03-01T16:15:05Z")
Have you heard/dealt with Lone/Long Tree Energy or Ben Chapman?
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### Author:  [@Ed\_Skeeters](https://www.mineralrightsforum.com/u/Ed_Skeeters)
#### Post date: [March 1, 2012, 4:30pm UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/26 "2012-03-01T16:30:14Z")
We did a deal last July with Lone Tree where they were representing EOG and the deal went exactly as planned and they were prompt with payments. We however did not deal with Ben Chapman, it was another landman.
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### Author:  [@Tracy\_murphy](https://www.mineralrightsforum.com/u/Tracy_murphy)
#### Post date: [March 1, 2012, 4:33pm UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/27 "2012-03-01T16:33:03Z")
Was it in Cheyenne? Can you tell me the terms? Thanks Ed.
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### Author:  [@Ed\_Skeeters](https://www.mineralrightsforum.com/u/Ed_Skeeters)
#### Post date: [March 1, 2012, 4:42pm UTC](https://www.mineralrightsforum.com/t/cheyenne-county-co-oil-gas-discussion-archives/1302/28 "2012-03-01T16:42:50Z")
Our deal was in Weld County. 5 year deal, $500/nma, 3/16ths royalty.
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