# Mineral rights track 25 west of Jal, NM
**URL:** https://www.mineralrightsforum.com/t/mineral-rights-track-25-west-of-jal-nm/71261
**Category:** Ownership and Title
**Created:** [June 17, 2023, 5:46pm UTC](https://www.mineralrightsforum.com/t/mineral-rights-track-25-west-of-jal-nm/71261 "2023-06-17T17:46:54Z")
**Posts on this page:** 4
**Page:** 1
### Author:  [@Laura\_L](https://www.mineralrightsforum.com/u/Laura_L)
#### Post date: [June 17, 2023, 5:46pm UTC](https://www.mineralrightsforum.com/t/mineral-rights-track-25-west-of-jal-nm/71261/1 "2023-06-17T17:46:54Z")
My four siblings and I recently realized that we had inherited 0.04 acres mineral rights near a fracking oil well that began production 2 years ago. We have been contacted by landmen 7 or 8 times during the past 2 or 3 years offering to purchase the mineral rights. One landman told us that the fracking operator has already harvested 800,000 barrels of oil. Another has offered us $1,700 plus will do all of the paperwork for us at his expense. Is this a good deal? Since the parcel is so small we are wondering if it is worth the cost of hiring a landman to clear the lease and a lawyer to file the paperwork. We do not have a copy of the original lease; however, the Lea County Clerk has a record of the purchase and there has been no movement on the lease since 1978. Should we follow up on this or is it too expensive to do so to make it worth our time and money? Thanks for reading this. Your advice would be greatly appreciated. The land is located 40 to 50 miles west of Jal, New Mexico, in Section 25.
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### Author:  [@Mineral\_Owner5](https://www.mineralrightsforum.com/u/Mineral_Owner5)
#### Post date: [June 17, 2023, 8:10pm UTC](https://www.mineralrightsforum.com/t/mineral-rights-track-25-west-of-jal-nm/71261/2 "2023-06-17T20:10:03Z")
Contact the well operator and talk with them and let them know you have had offers. I would not sell but lease and get your bonus money and production revenue. They may drill deeper and/or horizontal in another formation.
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### Author:  [@NMoilboy](https://www.mineralrightsforum.com/u/NMoilboy)
#### Post date: [June 18, 2023, 2:09am UTC](https://www.mineralrightsforum.com/t/mineral-rights-track-25-west-of-jal-nm/71261/3 "2023-06-18T02:09:30Z")
40 to 50 miles west of Jal is a kind of strange description. As that is a lot closer to other towns than Jal. It’s not even in Lea County.
What are the legals or what are the wells?
I have a hard time seeing how 0.04 acres is worth much of your time, or a landman’s time to offer, if that is correct. If it’s leased at 25% and it’s in the greatest place ever, it may be worth $4k.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [September 15, 2023, 5:47pm UTC](https://www.mineralrightsforum.com/t/mineral-rights-track-25-west-of-jal-nm/71261/4 "2023-09-15T17:47:36Z")
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