# Gaines County, TX - Oil & Gas Discussion archives
**URL:** https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283
**Category:** Gaines County, TX
**Created:** [December 3, 2011, 12:04am UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283 "2011-12-03T00:04:31Z")
**Posts on this page:** 20
**Page:** 21
### Author:  [@Exa\_Kaye\_Luman](https://www.mineralrightsforum.com/u/Exa_Kaye_Luman)
#### Post date: [February 14, 2018, 3:47pm UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1044 "2018-02-14T15:47:34Z")
I’ve received an offer to lease my small interest in Section 8, Block A-12, Gaines County. 1/4 royalty, 3-year lease, $500 per mineral acre. Others in my family think $1000 per acre is more in line in the area.
What do you think?
ekl
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### Author:  [@Donald\_Skotty](https://www.mineralrightsforum.com/u/Donald_Skotty)
#### Post date: [February 14, 2018, 7:56pm UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1045 "2018-02-14T19:56:37Z")
EKL, I agree with your relatives that $500 is too low, although it may not be as high as $1000/nma. I’ve attached a screenshot from DrillingInfo, and you’re in the leasing trend for A-12. This shows all the activity in the past 6 months. The players are Forge, Sheridan and Fortuna. I’m surprised they didn’t request a 2-year option. They may ask for that in exchange for a higher bonus.
Gaines A12 Section 8.JPG
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### Author:  [@AJ11](https://www.mineralrightsforum.com/u/AJ11)
#### Post date: [February 17, 2018, 10:28pm UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1046 "2018-02-17T22:28:04Z")
.
[Interactive Drilling Permit Map](https://pboilandgasmagazine.com/map/)
.
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### Author:  [@Caroyl\_Scott](https://www.mineralrightsforum.com/u/Caroyl_Scott)
#### Post date: [February 24, 2018, 3:47am UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1047 "2018-02-24T03:47:56Z")
Hi there, I’m new to the forum. I recently discovered (after a leasing company contacted me) that I own mineral rights in Gaines County. It’s not much, 2.333 acres in Section 92, Block H, just west of Cedar Lake. I was offered $450 per acre, 20% royalty and a 2-year option to renew. I have no idea if this is a fair price for the current area and market and I’m hoping some of you in this group might have some info on that. I would really appreciate it. Thank you!
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### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [February 24, 2018, 5:05am UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1048 "2018-02-24T05:05:50Z")
Hello Carolyn. WELCOME TO MINERAL RIGHTS FORUM. After viewing the GIS map I find no activity or production in this area. In the past there have been some active oil wells and gas wells. The nearest production at this time is 3-4 miles to the East and Southeast of Section 92. I would say that the $450 per acre bonus money and 20% royalty is a fair price per acre in this area of Gaines County.
GIS Map of Gaines County Section 92/Block H/A-568 and surrounding area:
CLICK ON MAP TO ENLARGE
Clint Liles
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### Author:  [@Caroyl\_Scott](https://www.mineralrightsforum.com/u/Caroyl_Scott)
#### Post date: [February 24, 2018, 5:38am UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1049 "2018-02-24T05:38:22Z")
Hey Clint,
Thanks for your response! One other tidbit I might mention… my interests lie in the southern half of that section and last June a permit to drill was approved in that area. The operator is Pitts Energy Co and the lease name is Axem. It was approved to drill 13,900 ft and the formation associated with it is called Mississippean. Would this make any difference?
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### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [February 24, 2018, 8:00am UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1050 "2018-02-24T08:00:06Z")
Carolyn, I do see where the permitted location is on the GIS map but on the approved permit I don’t see where the well was ever spud (begin drilling). That date would show up in the STATUS area towards the top of the approved permit.
Link to the Axem well #3 (API 165-38607):
> **[Form W-1: Field List](http://webapps.rrc.texas.gov/DP/drillDownQueryAction.do?fromPublicQuery=Y&name=AXEM%2B&univDocNo=491116662)**
I personally don’t see where that would make any difference in bonus or royalty percentage.
JUST MY OPINION
Clint Liles
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### Author:  [@Donald\_Skotty](https://www.mineralrightsforum.com/u/Donald_Skotty)
#### Post date: [February 24, 2018, 12:08pm UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1051 "2018-02-24T12:08:04Z")
For Carolyn.
I have leased in the past year 5 different sections in Gaines County. For the most part these tracts are in unproven areas. I’ve insisted and received 25% and my own lease form. $450 may be reasonable, but 20% royalty is not. For most parts of Texas 25% has been the standard for quite some time.
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### Author:  [@Caroyl\_Scott](https://www.mineralrightsforum.com/u/Caroyl_Scott)
#### Post date: [February 24, 2018, 1:22pm UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1052 "2018-02-24T13:22:40Z")
Thanks again, Clint. Getting opinions is exactly why I’m here and I appreciate your responses! I’m wondering exactly how the permits to drill come into being? Some sort of survey is done I presume that shows potential? Do a lot of permits never pan out into anything? Do all permits get drilled eventually? Just curious about how it all works.
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### Author:  [@Caroyl\_Scott](https://www.mineralrightsforum.com/u/Caroyl_Scott)
#### Post date: [February 24, 2018, 1:27pm UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1053 "2018-02-24T13:27:17Z")
Donald, thanks for your input as well. I had an inkling that the 20% royalty was low just from scrolling through numerous posts on this forum. Would you mind explaining what you mean by “insisted and received my own lease form”? Also, just curious, did your family come from this area (as mine did)?
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### Author:  [@Donald\_Skotty](https://www.mineralrightsforum.com/u/Donald_Skotty)
#### Post date: [February 24, 2018, 1:41pm UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1054 "2018-02-24T13:41:52Z")
Hi Caroyl,
By “insisted and received”, I tell the landman, “I’m interested in your lease offer, but I need $550/acre, a 25% lease, and I have my own lease form.”
Typically, the most resistance is on the bonus side, so we settle somewhere between their first offer and my counter offer. The 25% royalty is so normal it is accepted, and the lease form is subject to the lessee’s edits – still much better than the standard lease form.
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### Author:  [@Caroyl\_Scott](https://www.mineralrightsforum.com/u/Caroyl_Scott)
#### Post date: [February 24, 2018, 1:52pm UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1055 "2018-02-24T13:52:46Z")
Donald, that’s great info! How do you come up with your own lease form? Does one need a lawyer for that? Do you have an example of one? Thanks again.
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### Author:  [@Donald\_Skotty](https://www.mineralrightsforum.com/u/Donald_Skotty)
#### Post date: [February 24, 2018, 2:03pm UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1056 "2018-02-24T14:03:47Z")
I paid an excellent oil and gas attorney to make it for me – which is the best recommendation.
If you don’t mind doing a little research, you can find a go-by from county records. Look for one from a seemingly oil and gas savvy grantor. Many Texas County records are available online. [Texasfile.com](http://Texasfile.com) is a good one.
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### Author:  [@Katie1](https://www.mineralrightsforum.com/u/Katie1)
#### Post date: [March 16, 2018, 12:17am UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1057 "2018-03-16T00:17:58Z")
Evening! I have been looking through old posts and have found some very useful answers so I’m hopeful someone may have a suggestion for me.
My family was approached, late 2016/early 2017 to lease our mineral rights. It appeared to be a good contract, but unfortunately the funding fell through, and we lost contact with the landman.
We have about 1,000 acres in Gaines County, League 284. If anyone has a suggestion, please reach out.
Thanks!
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### Author:  [@AJ11](https://www.mineralrightsforum.com/u/AJ11)
#### Post date: [March 16, 2018, 1:11am UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1058 "2018-03-16T01:11:29Z")
[Link to J. Cleo Thompson well south of Labor 284](http://webapps.rrc.texas.gov/DP/drillDownQueryAction.do?fromPublicQuery=Y&name=SCHLEICHER%2BCSL%2B286-14&univDocNo=490630131)
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### Author:  [@AJ11](https://www.mineralrightsforum.com/u/AJ11)
#### Post date: [March 16, 2018, 1:16am UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1059 "2018-03-16T01:16:18Z")
This [Interactive Drilling Permit Map](https://pboilandgasmagazine.com/map/) is easy to use. Enter a date range, click on the submit button, and then zoom in on your area of interest.
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### Author:  [@Donald\_Skotty](https://www.mineralrightsforum.com/u/Donald_Skotty)
#### Post date: [March 16, 2018, 2:41am UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1060 "2018-03-16T02:41:54Z")
Gaines A-328 Schleicher area.JPG
In looking at the area around the Schleicher lease, it appears Continental Resources has been doing the leasing for the last 16 months.
CONTINENTAL RESOURCES LLC P.O. BOX 2170 Edmond, OK 73083
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### Author:  [@Katie1](https://www.mineralrightsforum.com/u/Katie1)
#### Post date: [March 19, 2018, 8:26pm UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1061 "2018-03-19T20:26:52Z")
Thank you for these suggestions, then were all very helpful. I spoke to Hunt Oil and Continental Resources and it appears we are out of their immediate interest, however, suggested to keep following up every few months, as interests change.
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### Author:  [@AJ11](https://www.mineralrightsforum.com/u/AJ11)
#### Post date: [March 29, 2018, 4:12am UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1062 "2018-03-29T04:12:25Z")
Anyone have any information on Oxy using a number of land companies to lease a large chunk of Gaines County? CO2 Clearfork project?
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### Author:  [@Donald\_Skotty](https://www.mineralrightsforum.com/u/Donald_Skotty)
#### Post date: [March 29, 2018, 2:22pm UTC](https://www.mineralrightsforum.com/t/gaines-county-tx-oil-gas-discussion-archives/1283/1063 "2018-03-29T14:22:28Z")
I recently rejected an XTX lease offer in A-1005. The bonus of $750/acre was generous for this part of Gaines, but we couldn’t reach agreement on the lease addendum. I think XTX is leasing for Oxy in this area East and Southeast of Loop.
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