Hello Does anyone have a general knowledge of what minerals would sell for in Phillips County Kansas? Any help is appreciated. Brian
Do you happen to have a legal description? A colleague of mine purchased some minerals in Phillips County not too long ago, but the valuation was not very high.
Thanks for the response Sec 25 - 2S - 19W
Which quarter of the section are you in? There are two active leases. One in the NW and one in the SW. The SW lease is in a unit with other wells in adjacent sections. The NW only has a single well producing, but likely includes the NE/4.
SE/4 NW/4 and E/2 SW/4
Do you get paid on or are entitled to any current production?
Sorry for the delay. They got back to me and said they paid $250/net mineral acre out there.