Lease Questions - Do I need an atty?

I’ve recently been offered a 3-year lease from CGS Operating, LLC. $550 an acre, 22% royalties. Is that a fair deal? Should I obtain an oil and gas attorney?

How do I know if my acreage is producing? How do I find out where, exactly, my acreage is located in Dawson County? I don’t know anything about it other than I inherited it from a parent recently.

Thanks for any information/insight you can offer me!

Can you tell me what is the Block and Section number it is. That’s a pretty standard lease though I have seen $500 per acre at 23%. So I would that’s in the ball park. If you are southwest of Lamesa could be a little light.

Hi! According to the lease agreement, I have “all of section 8, Block M, E.L. & R.R. Railway Company Survey”. I know it’s located somewhere in/around Lamesa, but that’s all I know and I don’t know how to find out any further info.

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Dawson County Section 8/Block M/A-652(when asking about your minerals always refer to A-652)

After checking the RR Commission GIS map I see where your Section 8 is located approximately 8 miles NW of Lamesa.

GIS(Geographic Information Survey) map of Dawson County Section 8/Block M/A-652 and surrounding area:

LEFT CLICK ON MAP TO ENLARGE

Thank you so much - I appreciate you! What are the little green dots in other sections? Just curious.

The solid green dots are producing wells. The green dots with a green slash through them are plugged wells. The blue circles with 4 points are dry holes.

https://gis.rrc.texas.gov/gisviewer/GISViewer/docs/Public_GIS_Viewer_Legend.pdf

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