Is anyone getting a Royalty on a producing well in our area?

john michael baker · 2012-03-14T02:15:16Z

It's been interesting reading the posts on lease offers in the area. I have 100% of 60 a/c undivided in Township 24 South, Range 18 East Section 33. I have no idea where it is other than my guess from research is that it is in the Pyramid Hills area. I have been offered a similar lease as the rest of you at $75.00 per a/c ($125.00 after 5 years) and 17.5 royalty. Leaning toward signing because it appears fair compared to other offers. Of course my biggest question is drilling and the royalty payment. I have failed to find any paying wells in the area. Is anyone aware of any paying wells in the area and if so how much do they produce? So far it appears the land men are just buying up all the leases they can and have no specific plans to drill. Any info is appreciated.

California Mineral Rights Kings County, CA