# Latest Pecos Offer to buy
**URL:** https://www.mineralrightsforum.com/t/latest-pecos-offer-to-buy/66687
**Category:** Pecos County, TX
**Created:** [June 13, 2022, 12:33pm UTC](https://www.mineralrightsforum.com/t/latest-pecos-offer-to-buy/66687 "2022-06-13T12:33:02Z")
**Posts on this page:** 9
**Page:** 1
### Author:  [@Stephen\_Day](https://www.mineralrightsforum.com/u/Stephen_Day)
#### Post date: [June 13, 2022, 12:33pm UTC](https://www.mineralrightsforum.com/t/latest-pecos-offer-to-buy/66687/1 "2022-06-13T12:33:02Z")
Got an offer to buy my minerals in Pecos County Sections 31 and 43 Block 49 Township 9 a few months ago by someone who also has minerals in the same area. The offer was less than the last lease which has long been expired. I understand folks flip leases but since in his words that area is “all but dead” nobody buys a lease for no reason. Either he’s just trying to buy more to hold or resell. If it’s resell then somebody is interested. I can’t remember the company but read somewhere a few months to a year someone was wanting to buy mineral rights in Pecos. I asked basically the same question 10 years ago. With all the hiring in the oil field advertised on Facebook something must be in the works. Anyone have any knowledge of this area by chance? Are there any other minerals that could be in the area to lease separate from the potential oil? Trying to think outside the box.
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### Author:  [@NMoilboy](https://www.mineralrightsforum.com/u/NMoilboy)
#### Post date: [June 13, 2022, 3:46pm UTC](https://www.mineralrightsforum.com/t/latest-pecos-offer-to-buy/66687/2 "2022-06-13T15:46:40Z")
My Pecos $0.02
Not all Pecos is the same. That far south is a problem. Wolfcamp well performance is poor, too much water. I would not count on anything happening there. Plenty of Contango/Halcon evidence that it’s hard to drill an economic well in 48 Township 9 South or 49 Township 9 South. I mean at $120 oil some things that stink at $60 oil begin to stink less, but that is still pretty suspect to me.
People typically don’t lease for no reason as the clock is ticking, but people will buy just hoping that things work out. It’s not awful to be the guy who is just hoping that things work out (i.e. what **you** will be if you don’t sell) if the offer is real low. Forever is a long time. Well performance may improve, or 150,000 bo wells may be a great deal at $200 oil. Yeah, it’s kinda annoying if the guy offering to buy is also telling you how crappy it is. You say he owns nearby, offer to buy **his** minerals at the same price.
No I don’t think anyone would lease for anything other than the Bone Spring/Wolfcamp potential.
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### Author:  [@Stephen\_Day](https://www.mineralrightsforum.com/u/Stephen_Day)
#### Post date: [June 13, 2022, 8:00pm UTC](https://www.mineralrightsforum.com/t/latest-pecos-offer-to-buy/66687/3 "2022-06-13T20:00:06Z")
Thanks for your input. I appreciate it.
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### Author:  [@Stephen\_Day](https://www.mineralrightsforum.com/u/Stephen_Day)
#### Post date: [June 22, 2022, 10:22pm UTC](https://www.mineralrightsforum.com/t/latest-pecos-offer-to-buy/66687/4 "2022-06-22T22:22:45Z")
No plans to sell. I inherited it and currently no cost to own.
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### Author:  [@LanaStraub](https://www.mineralrightsforum.com/u/LanaStraub)
#### Post date: [August 22, 2022, 6:00pm UTC](https://www.mineralrightsforum.com/t/latest-pecos-offer-to-buy/66687/5 "2022-08-22T18:00:04Z")
I’ve heard a lot of talk about mineral and surface being purchased and rejoined in Pecos. I would keep that in mind when people come to you with offers.
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### Author:  [@Rick5](https://www.mineralrightsforum.com/u/Rick5)
#### Post date: [August 22, 2022, 9:05pm UTC](https://www.mineralrightsforum.com/t/latest-pecos-offer-to-buy/66687/6 "2022-08-22T21:05:40Z")
Hello All. We have wells in Township 8 Block 48 Section 16, T & P Ry, Co. Survey. The 7 Gunpowder wells in Pecos which XTO Energy is the Operator. So, maybe there is hope for that area?
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### Author:  [@rick\_linkenhoger](https://www.mineralrightsforum.com/u/rick_linkenhoger)
#### Post date: [August 23, 2022, 1:17am UTC](https://www.mineralrightsforum.com/t/latest-pecos-offer-to-buy/66687/7 "2022-08-23T01:17:30Z")
Hi Lana, Why would they rejoin the minerals with the surface? I purposely divorced the two so that nobody could adverse possess the minerals by squatting the surface. The surface is not worth much but the minerals a lot.
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### Author:  [@rick\_linkenhoger](https://www.mineralrightsforum.com/u/rick_linkenhoger)
#### Post date: [August 23, 2022, 1:32am UTC](https://www.mineralrightsforum.com/t/latest-pecos-offer-to-buy/66687/8 "2022-08-23T01:32:50Z")
Or maybe sell the goat pasture with the minerals for a ton more money than goat pasture without any minerals. Makes sense, use the minerals as a sales tool!
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [September 11, 2022, 12:33pm UTC](https://www.mineralrightsforum.com/t/latest-pecos-offer-to-buy/66687/9 "2022-09-11T12:33:08Z")
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