Offers to buy

This is the first time I have used this site (or any) so I’m sorry if I am not doing this correctly. I’m hoping I can find someone with information on the crazy amount of offers to buy my producing mineral rights in Leon county Texas.

This is for Buckaroo (1H) AB 547 J Morrison survey. The offers have been non stop for almost 10 years at least 1 a week from many different Companies. Hopefully someone can help me with this. Thank you.

1 Like

Hi, it looks like there may be additional drilling planned. It is difficult to tell if you’ll be in pay on these new wells. You can see in the image below where additional drilling permits have been applied for. It looks like these permits were granted a while ago, though. I believe the well highlighted in yellow is the well you’re currently receiving royalties on.

Thank you. I’m thinking I may have to contact a lawyer to explain these things to me as all the landmen that have helped me in the past have retired or past :pleading_face:.

The “Directories” page at the top banner of the website has quite a few resources that may be of good use.

1 Like

It looks like the permits for all of the additional wells were issued back in 2014 and have expired.

It’s safe to say that if you are suddenly getting much higher offers for your interest that someone knows something and thinks there will be additional future drilling on your lands, but as of now there doesn’t appear to be any recent drilling permits issued. I’d check back with the RRC every month or so to look for new permitted wells.

2 Likes