We have Block C-11,PSL
Section 10 NW/4 (160ac)
Section 21 E/2 (320ac)
Any idea of leasing in that area? Terms? Royalty? Lease bonus?
I realize the GLO has to approve the lease but would appreciate any feedback.
Bill,
It's going to be hard to determine at this time what to ask for in a lease in this area as there is no production to go by. All the permitted locations I have circled in blue are Apache Corporation locations.
GIS map of Reeves County Section 10, 21/Block C11PSL and surrounding area:
CLICK ON MAP TO ENLARGE
Clint Liles
thanks for the information.