Leasing Bonus Rates - Reeves County

WilsonOil,

If you are in the urban portion of the “lot and block” play going on in the City of Pecos, Colgate is the major group leasing that area. They are filing MIPA units for the most part. I am a landman in Midland and really like the following attorneys:

Kelly Hart & Hallman - https://www.kellyhart.com/ Lynch, Chappell & Alsup - https://lcalawfirm.com/

I know personally and have worked with some of the attorneys at the above firms and they are great to work with and very well known around town. I would imagine both of these law firms have helped owners in the Colgate City of Pecos project so they may already be familiar with the project as a whole and could give you feedback on pricing. You can also check out the following for lease comps:

https://info.drillinginfo.com/industry/minerals/

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