My late father left my siblings and me an interest in an overriding royalty interest in Section 3, Township 21 South, Range 26 East of Eddy County, New Mexico. In the past, we would receive once or twice a year inquiries about purchasing this interest, but in the last 3 or 4 months we receive several a week. The offers seem to be getting higher and higher each week. My family owns minerals throughout Texas, but this is the only interest we own in New Mexico and I am just unfamiliar with activity, etc. Can someone help me with activity in the area?
Correction, it’s Section 3
Thank you. Again, just being unfamiliar with New Mexico I am trying to decipher the map, are the black dots permits?
Use the + sign on the map to zoom in and you will get a legend when it gets close in enough. They have a category called “new”, but I am not sure if those are permits. The dots are surface locations not the sticks of horizontal wells. I have a different subscription that shows the new permits. I see some in 18-21S-27E and 30-21S-27E, and another set north of you in the corner where 20X-26E and 20S-27E meet.
Thank you. This seems to be good news.
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