Oil and gas lease


#1

Hello I just received a oil and gas lease agreement Section 270 block 13 Can someone please tell me about and what it is worth Thank


#2

You need to add the state and county.


#3

Reaves county, Texas


#4

Moved it over to Reeves County, TX for you.


#5

I’m about two miles to your NW. You have primo acreage in the sweet spot of the Barilla Draw of the South Delaware Basin. Quarter royalty and $around $15K/acre???


#6

Can you tell me what the quarterly means and 15,000 for 2 or 3 year lease Thank you so much