# Reagan county mineral interests!
**URL:** https://www.mineralrightsforum.com/t/reagan-county-mineral-interests/7263
**Category:** Reagan County, TX
**Created:** [April 9, 2015, 9:09pm UTC](https://www.mineralrightsforum.com/t/reagan-county-mineral-interests/7263 "2015-04-09T21:09:20Z")
**Posts on this page:** 9
**Page:** 1
### Author:  [@William\_Pugh](https://www.mineralrightsforum.com/u/William_Pugh)
#### Post date: [April 9, 2015, 9:09pm UTC](https://www.mineralrightsforum.com/t/reagan-county-mineral-interests/7263/1 "2015-04-09T21:09:20Z")
Hi my name is William Austin Pugh 111, or the 3rd, I have a fair amount of minerals in Reagan County and just wondering if and when the “powers that be” are going to redo some old wells and drill for deeper formations? I am new at this and any help would be great, as I have had some substantial offers to sell my mineral rights! Best regards!! William A Pugh 111 🙂
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### Author:  [@David\_James](https://www.mineralrightsforum.com/u/David_James)
#### Post date: [April 9, 2015, 9:11pm UTC](https://www.mineralrightsforum.com/t/reagan-county-mineral-interests/7263/2 "2015-04-09T21:11:17Z")
William, do you have a legal description of where your minerals are located in Reagan County?
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### Author:  [@William\_Pugh](https://www.mineralrightsforum.com/u/William_Pugh)
#### Post date: [April 9, 2015, 9:15pm UTC](https://www.mineralrightsforum.com/t/reagan-county-mineral-interests/7263/3 "2015-04-09T21:15:33Z")
Yes I do, they are T&P TS5 SE4 & N2 A-554, B-1, S-183, T&P T5S, T&P T5S S2 & NE4 A-, B-1, S-199, not sure what all that means? But thank you kindly!! Best regards William A Pugh 111 🙂
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### Author:  [@William\_Pugh](https://www.mineralrightsforum.com/u/William_Pugh)
#### Post date: [April 9, 2015, 9:18pm UTC](https://www.mineralrightsforum.com/t/reagan-county-mineral-interests/7263/4 "2015-04-09T21:18:39Z")
My interest are fractional to 4.8+% on one of the 160 acre tracts! Davidson 5 is what it’s called! Thanks David… Best regards William A Pugh 🙂
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### Author:  [@William\_Pugh](https://www.mineralrightsforum.com/u/William_Pugh)
#### Post date: [April 9, 2015, 9:46pm UTC](https://www.mineralrightsforum.com/t/reagan-county-mineral-interests/7263/5 "2015-04-09T21:46:44Z")
Hope those are the descriptions you need David? I don’t know a lot about how to read them, I just copied what was on one of my offers to purchase! Best regards William 🙂 Have a great day and thank you for checking it out for me! 🙂
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### Author:  [@William\_Pugh](https://www.mineralrightsforum.com/u/William_Pugh)
#### Post date: [April 9, 2015, 10:03pm UTC](https://www.mineralrightsforum.com/t/reagan-county-mineral-interests/7263/6 "2015-04-09T22:03:31Z")
Oops Davidson 5 is wrong! Lol wrong county! Scratch the Davidson 5 part! Thanks! WAP111 🙂
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### Author:  [@David\_James](https://www.mineralrightsforum.com/u/David_James)
#### Post date: [April 9, 2015, 10:31pm UTC](https://www.mineralrightsforum.com/t/reagan-county-mineral-interests/7263/7 "2015-04-09T22:31:25Z")
William, those descriptions were helpful, and I was able to verify them with the tax records. It looks like Discovery Natural Resources (formerly FIML Natural Resources) is currently operating on Section 199. Last month Discovery Natural Resources filed for, and received, a permit to drill a very large horizontal well (two mile long laterals), in Sections 151 and 174, which are just 3-4 miles away from your Section 199 property.
Depending on a number of factors, such as the language of your lease, the leaseholders of the other interests in your section, the leaseholders of the sections bordering yours, etc., it is reasonable to assume that at some point in the future Discovery or somebody else would want to pursue additional development on your Section 199.
Your other property, Section 183, is being operated by Arkland Producing Company. Based on my limited Railroad Commission research, it looks like Arkland hasn’t drilled a new well since the year 2000, so it is unlikely that they will do anything, but that doesn’t necessarily rule out future near term development. Both properties are in a very active area of the Permian Basin, and a lot of small oil companies will sell certain depths or percentages of their leases to larger operators that have the capital and expertise to properly develop a property.
Long story short, your properties are in a very good area, and you will continue to receive purchase offers in the mail. Unfortunately, it is impossible to say when there will be future development on the properties, but it is safe to say that when there is… it will be impressive. If you are interested in selling a small percentage of your minerals, there are a number of folks I could send the property description to for review and to gather some bids. Otherwise, I’d hold on to them and see what happens. If you have any other questions, feel free to send me an email: [david@hilltoproyalties.com](mailto:david@hilltoproyalties.com)
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### Author:  [@William\_Pugh](https://www.mineralrightsforum.com/u/William_Pugh)
#### Post date: [April 9, 2015, 10:44pm UTC](https://www.mineralrightsforum.com/t/reagan-county-mineral-interests/7263/8 "2015-04-09T22:44:23Z")
Oh thank you so much David! I really really appreciate you!! I will definitely stay in touch and thank you so very much for the info David!! Have a great day!! Chat soon!! Best regards William A Pugh 111 🙂
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 11:47pm UTC](https://www.mineralrightsforum.com/t/reagan-county-mineral-interests/7263/9 "2018-08-14T23:47:17Z")