New well in reeves county h&gn rr area

Brenda Johnson · 2016-12-05T12:25:07Z

Offers to buy all or part of my mineral rights are higher than they've ever been. $12K/ac on up. Others have mentioned that offers are usually 1/4 - 1/3 of what they would really pay. My question is this - What happens if this well does not produce that much? Other companies would not want to drill on the property. It's public information and easily obtained. So these offers could go away and I could lose out by their speculation. Our property is not in the heart of the Oil Discovery to the south of us. So, I really need clarification for selling now or waiting.

General Mineral Rights Discussion

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