I own some mineral rights in Township 1 North, Range 65 West, Section 2. Offers have been on the increase as of late, and based on COGIS, it appears that Kerr McGee is actively drilling (Labrisa #35-1HZ) just north, with horizontal bores throughout this section. Am I correct in assuming that this activity is likely to generate some income soon? Is there a way to estimate how much and how soon?
Rusty1234 - It would be very helpful to know what Section in Township 1N Range 65W your minerals are located.
S2
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Rust1234 - The Labrisa wells are being drilled in the south half of Township 2 North, Range 65 West, Section 35 through Township 1 North, Range 65 West, Sections 2 and 11. You can check other wells that are producing in that area on the Colorado Oil & Gas Commission website. Hopefully this will help to answer your questions.
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