# Recent leasing activity

**URL:** https://www.mineralrightsforum.com/t/recent-leasing-activity/3563
**Category:** Reeves County, TX
**Created:** [January 18, 2017, 12:55am UTC](https://www.mineralrightsforum.com/t/recent-leasing-activity/3563 "2017-01-18T00:55:44Z")
**Posts on this page:** 9
**Page:** 1

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### Author: ![John\_O\_Neil](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/e5b9ba/32.png) [@John\_O\_Neil](https://www.mineralrightsforum.com/u/John_O_Neil)
#### Post date: [January 18, 2017, 12:55am UTC](https://www.mineralrightsforum.com/t/recent-leasing-activity/3563/1 "2017-01-18T00:55:44Z")

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We have had many inquiries re: leasing our land (Section 50). I have heard there are offers of $6k+ per net mineral acre for a 3 year lease, with a 25% royalty interest.

Anyone know if there is any truth to this?

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### Author: ![Linton\_Tomlin](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/linton_tomlin/32/2844_2.png) [@Linton\_Tomlin](https://www.mineralrightsforum.com/u/Linton_Tomlin)
#### Post date: [January 18, 2017, 1:09am UTC](https://www.mineralrightsforum.com/t/recent-leasing-activity/3563/2 "2017-01-18T01:09:22Z")

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There are many Section 50s in Reeves County. Location is everything.

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### Author: ![John\_O\_Neil](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/e5b9ba/32.png) [@John\_O\_Neil](https://www.mineralrightsforum.com/u/John_O_Neil)
#### Post date: [January 18, 2017, 1:21am UTC](https://www.mineralrightsforum.com/t/recent-leasing-activity/3563/3 "2017-01-18T01:21:23Z")

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I stand corrected…Section 6, Block 50.

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### Author: ![Clint\_Liles](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/clint_liles/32/16995_2.png) [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [January 18, 2017, 1:38am UTC](https://www.mineralrightsforum.com/t/recent-leasing-activity/3563/4 "2017-01-18T01:38:58Z")

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John,

What is the exact Block number?

Is it Block 50 T7S or Block 50 T8S?

 ![CLICK ON SURVEY SEARCH TO ENLARGE](https://www.mineralrightsforum.com/uploads/db5755/original/2X/5/5535c4b9985f2ea9f493cafb0cb5eecc183382d8.JPG)

Clint Liles

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### Author: ![John\_O\_Neil](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/e5b9ba/32.png) [@John\_O\_Neil](https://www.mineralrightsforum.com/u/John_O_Neil)
#### Post date: [January 18, 2017, 1:47am UTC](https://www.mineralrightsforum.com/t/recent-leasing-activity/3563/5 "2017-01-18T01:47:50Z")

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T-7?

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### Author: ![John\_O\_Neil](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/e5b9ba/32.png) [@John\_O\_Neil](https://www.mineralrightsforum.com/u/John_O_Neil)
#### Post date: [January 18, 2017, 1:50am UTC](https://www.mineralrightsforum.com/t/recent-leasing-activity/3563/6 "2017-01-18T01:50:11Z")

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A-5651

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### Author: ![Clint\_Liles](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/clint_liles/32/16995_2.png) [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [January 18, 2017, 3:40am UTC](https://www.mineralrightsforum.com/t/recent-leasing-activity/3563/7 "2017-01-18T03:40:56Z")

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John,

After checking the GIS (Geographic Information System) Map I see fantastic wells in every direction from your mineral acreage. The production numbers are great on these horizontal wells. Chevron, Oxy USA and Centennial Resource Prod. seem to be the major producers in this area of Reeves County. I see no reason why it’s not possible to get $6,000 per acre to lease these minerals. It may be after oil prices go up some but I still believe it’s possible.

**_JUST MY OPINION_**

GIS Map of Reeves County A-5651/Section 6/Block 50 T7S and surrounding area:

 ![CLICK ON MAP TO ENLARGE](https://www.mineralrightsforum.com/uploads/db5755/original/2X/e/e01dcee1fb07af995d93e89cef28c2a03efa1975.JPG)

Clint Liles

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### Author: ![Linton\_Tomlin](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/linton_tomlin/32/2844_2.png) [@Linton\_Tomlin](https://www.mineralrightsforum.com/u/Linton_Tomlin)
#### Post date: [January 18, 2017, 4:13am UTC](https://www.mineralrightsforum.com/t/recent-leasing-activity/3563/8 "2017-01-18T04:13:40Z")

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Wow, there sure are a lot of abstract numbers for that one section!

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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: [August 14, 2018, 10:40pm UTC](https://www.mineralrightsforum.com/t/recent-leasing-activity/3563/9 "2018-08-14T22:40:20Z")

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