# Cottle County, TX Oil & Gas Discussion archives
**URL:** https://www.mineralrightsforum.com/t/cottle-county-tx-oil-gas-discussion-archives/988
**Category:** Cottle County, TX
**Created:** [February 5, 2013, 5:28pm UTC](https://www.mineralrightsforum.com/t/cottle-county-tx-oil-gas-discussion-archives/988 "2013-02-05T17:28:50Z")
**Posts on this page:** 14
**Page:** 1
### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [February 5, 2013, 5:28pm UTC](https://www.mineralrightsforum.com/t/cottle-county-tx-oil-gas-discussion-archives/988/1 "2013-02-05T17:28:50Z")
Cottle County, Texas oil & gas discussion group. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.
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### Author:  [@Tim\_Barker](https://www.mineralrightsforum.com/u/Tim_Barker)
#### Post date: [December 20, 2014, 3:12am UTC](https://www.mineralrightsforum.com/t/cottle-county-tx-oil-gas-discussion-archives/988/2 "2014-12-20T03:12:53Z")
I was just offered 75 an acre with an 18.75% royalty. Is this par?
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### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [December 20, 2014, 5:00am UTC](https://www.mineralrightsforum.com/t/cottle-county-tx-oil-gas-discussion-archives/988/3 "2014-12-20T05:00:47Z")
Tim,
I do see some production from older oil wells to the east of your minerals and also oil and gas wells to the southeast of your minerals. Also numerous plugged wells in both areas and a few dry holes. Even with oil prices falling I would say the $75 per acre is on the cheap side and the royalty should be at least 20%. Just my opinion.
GIS Map of Cottle County A-1498/King County A-1126 and surrounding area:
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### Author:  [@Tim\_Barker](https://www.mineralrightsforum.com/u/Tim_Barker)
#### Post date: [December 20, 2014, 5:02am UTC](https://www.mineralrightsforum.com/t/cottle-county-tx-oil-gas-discussion-archives/988/4 "2014-12-20T05:02:16Z")
What would be a good counter?
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### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [December 20, 2014, 5:09am UTC](https://www.mineralrightsforum.com/t/cottle-county-tx-oil-gas-discussion-archives/988/5 "2014-12-20T05:09:41Z")
Tim,
I would ask for $250 per acre and 20% royalty. I am assuming you own 100% of the minerals on this acreage.
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### Author:  [@Tim\_Barker](https://www.mineralrightsforum.com/u/Tim_Barker)
#### Post date: [December 20, 2014, 5:12am UTC](https://www.mineralrightsforum.com/t/cottle-county-tx-oil-gas-discussion-archives/988/6 "2014-12-20T05:12:26Z")
The offer was for 320 acres with a net of 69.22. Not sure what the difference is; we own a section in that area?
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### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [December 20, 2014, 5:25am UTC](https://www.mineralrightsforum.com/t/cottle-county-tx-oil-gas-discussion-archives/988/7 "2014-12-20T05:25:13Z")
Tim,
Is the operator wanting to lease your minerals Gunn Oil Co.? My brother was in the oil field supply business in Wichita Falls several years ago and he says that Gunn Oil Company is a good company to do business with. An honorable company that will do what they say. I see where they are a major producer here in Cottle County from checking some completion reports.
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### Author:  [@Tim\_Barker](https://www.mineralrightsforum.com/u/Tim_Barker)
#### Post date: [December 20, 2014, 5:26am UTC](https://www.mineralrightsforum.com/t/cottle-county-tx-oil-gas-discussion-archives/988/8 "2014-12-20T05:26:44Z")
Yes sir!
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### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [December 20, 2014, 5:40am UTC](https://www.mineralrightsforum.com/t/cottle-county-tx-oil-gas-discussion-archives/988/9 "2014-12-20T05:40:42Z")
Tim,
If I were you I would try to negotiate with them. They are definitely a company that drills wells. After posting some Completion Reports for Cottle County a few minutes ago I see where there are some good gas wells in Cottle County and some of those have been drilled by Gunn Oil Company. Try to keep the royalty up in the 20% range and don’t worry too much about the bonus monies. The royalty percentage is where the real money is.
Good luck with your minerals.
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### Author:  [@Tim\_Barker](https://www.mineralrightsforum.com/u/Tim_Barker)
#### Post date: [December 20, 2014, 5:43am UTC](https://www.mineralrightsforum.com/t/cottle-county-tx-oil-gas-discussion-archives/988/10 "2014-12-20T05:43:33Z")
Clint,
Thanks for your help!
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### Author:  [@Steve\_Lynch](https://www.mineralrightsforum.com/u/Steve_Lynch)
#### Post date: [January 2, 2015, 9:41pm UTC](https://www.mineralrightsforum.com/t/cottle-county-tx-oil-gas-discussion-archives/988/11 "2015-01-02T21:41:53Z")
My mother owned the mineral rights to about 200 acres outside of Paducah. She passed away over ten years ago, and my sister and I are the inheritors of her estate. How do I find out if my sister’s and my names appear on the county records if a landman becomes interested in that acreage?
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### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [January 2, 2015, 10:11pm UTC](https://www.mineralrightsforum.com/t/cottle-county-tx-oil-gas-discussion-archives/988/12 "2015-01-02T22:11:22Z")
Steve,
Use this link to get the contact number for the Cottle County Clerk’s Office. Possibly they already have that information or can direct you how to proceed forward.
[http://www.county-clerk.net/countyclerk.asp?state=Texas&county=Cottle](http://www.county-clerk.net/countyclerk.asp?state=Texas&county=Cottle)
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### Author:  [@Tim\_Barker](https://www.mineralrightsforum.com/u/Tim_Barker)
#### Post date: [February 14, 2015, 3:42am UTC](https://www.mineralrightsforum.com/t/cottle-county-tx-oil-gas-discussion-archives/988/13 "2015-02-14T03:42:23Z")
Clint any updates on drill permits?
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### Author:  [@NARO\_Texas](https://www.mineralrightsforum.com/u/NARO_Texas)
#### Post date: [April 30, 2018, 5:46pm UTC](https://www.mineralrightsforum.com/t/cottle-county-tx-oil-gas-discussion-archives/988/14 "2018-04-30T17:46:59Z")
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