# Price for area with potential (maybe)?

**URL:** https://www.mineralrightsforum.com/t/price-for-area-with-potential-maybe/63309
**Category:** Oil and Gas Leasing Help
**Created:** [September 19, 2021, 5:09am UTC](https://www.mineralrightsforum.com/t/price-for-area-with-potential-maybe/63309 "2021-09-19T05:09:14Z")
**Posts on this page:** 7
**Page:** 1

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### Author: ![metropetro](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/838e76/32.png) [@metropetro](https://www.mineralrightsforum.com/u/metropetro)
#### Post date: [September 19, 2021, 5:09am UTC](https://www.mineralrightsforum.com/t/price-for-area-with-potential-maybe/63309/1 "2021-09-19T05:09:14Z")

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I just got an offer to sell my approx.18 acres, non-participating royalty interest in Section 43, Block 35, T-6-N, Dawson County. Should I hold or sell? And what’s a decent price? The would-be buyer’s second offer to me is $450 an acre. Thanks in advance,

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### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [September 19, 2021, 7:05pm UTC](https://www.mineralrightsforum.com/t/price-for-area-with-potential-maybe/63309/2 "2021-09-19T19:05:12Z")

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You may get a better answer if you post over in the Texas Minerals category in the Dawson county sub category. Folks that are watching that particular area may have more information. As a side note, any time I get an offer, I wonder what they know that I don’t know because I am pretty sure they plan on making a profit off of me. The offer will be based on potential for their future revenue. Are more wells about to get drilled, is a pipeline coming in, etc.

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### Author: ![AJ11](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/a/838e76/32.png) [@AJ11](https://www.mineralrightsforum.com/u/AJ11)
#### Post date: [September 19, 2021, 9:01pm UTC](https://www.mineralrightsforum.com/t/price-for-area-with-potential-maybe/63309/3 "2021-09-19T21:01:32Z")

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[This link](http://gis.rrc.texas.gov/GISViewer/index.html?api=11531385) will open the Texas RRC GIS Map Viewer on a dry hole drilled on your section in 1980. Note that CGS Operating has recently permitted horizontal wells approximately 7 miles W-SW of your section. Search “CGS Operating” in this forum to learn more about CGS Operating and EOG Resources’ activities in Gaines and Dawson counties.

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### Author: ![metropetro](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/838e76/32.png) [@metropetro](https://www.mineralrightsforum.com/u/metropetro)
#### Post date: [September 24, 2021, 8:29am UTC](https://www.mineralrightsforum.com/t/price-for-area-with-potential-maybe/63309/4 "2021-09-24T08:29:07Z")

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Thanks for all your insights on this question.

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### Author: ![metropetro](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/838e76/32.png) [@metropetro](https://www.mineralrightsforum.com/u/metropetro)
#### Post date: [September 24, 2021, 8:30am UTC](https://www.mineralrightsforum.com/t/price-for-area-with-potential-maybe/63309/5 "2021-09-24T08:30:30Z")

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Thanks for all your time and effort researching this.

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### Author: ![AJ11](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/a/838e76/32.png) [@AJ11](https://www.mineralrightsforum.com/u/AJ11)
#### Post date: [September 24, 2021, 4:08pm UTC](https://www.mineralrightsforum.com/t/price-for-area-with-potential-maybe/63309/6 "2021-09-24T16:08:45Z")

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You are welcome! Glad to try to help.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [December 18, 2021, 5:09am UTC](https://www.mineralrightsforum.com/t/price-for-area-with-potential-maybe/63309/7 "2021-12-18T05:09:51Z")

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