It’s two tracts: lots 31 through 34 of Block 11 of the Good Luck Colony subdivision, 40 acres, and another Block lot 48 of the same subdivision consisting of 5 acres.
Chesapeake Energy has producing wells on average.
We own mineral rights, not surface rights.
The royalties are divided among the heirs.
This is all located on the Brisco Ranch in the Eagle Ford Shale.
According to our tax statements, there are 10 different units: Henrichson units and McFadin units.
We were wishing to sell our part but have no idea what they are worth.
Checks have been down recently, but future projections for the area are good.
How do we find out the actual value of what’s there?