Reeves County, TX - Oil & Gas Discussion archives


#11533

Brenda - no activity in either section right now. Clayton Williams permitted a horizontal well across the north-half of section 206 in 2014 but it wasn't drilled. There are numerous permits and wells in all directions from these tracts, though. It's a good area.


#11534

What about Sec 265 Blk 13 H&GN compared to Sec 206 and 271?

Can I expect to get similar bonus offers for all these three areas?


#11535

Brenda, my SWD is near there in Blk 13, Sec 182 and Primexx, Noble Permian, Cimerex, Centenial, Oxy, Brigham, Diamondback, Parsley, and even Apache are building lease produced water pipeline networks to transport produced water to disposal all over that area. You can expect

increased drilling activity in that area....and emphasis on quad or octal

clusters of horizontal wells on each pad. Look at the Jalapeno quad well of Noble Permian to see the trend.

Yes, you can expect many more bonus offers in that area.

ol' Lawrence in Verhalen


#11536

Brenda,

my cousins have received bonus amounts of 10k to 12k per acre for lease extensions within Section 265 Block 13.

Section 265 is on this year drilling schedule. Things are moving.

As Lawrence has said, things are about to pop!

Get a lawyer to go over your lease. This is a multilevel oil and gas field.


#11537

Lynn,

I'm negotiating a lease in Section 265. I'm being told this is for Colgate Operating. Whose drilling schedule is 265 on for this year?

Mike


#11538

Mike,

Concho Resources.

The entity you are dealing with is probably linked or associated with Concho

but I do not have an overview. Lawrence and others who know the industry may be able to explain how it is all structured and how business is conducted.

Good Luck.


#11539

Concho recently sold a package of its Reeves County assets outside of its core to Colgate Energy Partners II. Assignment recorded in January and it looks like it includes working interests in Block 13. Most likely it also includes all of Concho's leases in Block 13 as well. You can always ask the landman. Colgate has permits in City of Pecos and surrounding area.


#11540

TennisDaze:

Thank You. Will share news with my cousins.


#11541

Thanks Lynn and TennisDaze.

I just found out over the weekend that I have mineral interests in Section 265. I'm now wondering what the situation may have been for the last several years about past leasing activity. How this was leased, if at all. This is part of Block 9, H&GN Survey, Block 13, Section 265, Toyah Valley Grape and Alfalfa Company Subdivision.

Mike


#11542

Your legal description can only have one block number. Do you mean Lot #9?


#11543

TennisDaze,

It may be Lot 9, I was told Block 9. I think there are multiple "blocks" in this section because of the way the section was divided in the early 1900's and the way it came out of bankruptcy around 1913. I understand the confusion, but from what I understand about this section it has been confusing for over 100 years. But the minerals are in H&GN Survey, Block 13, Section 265.

Mike


#11544

Apologies if I’m posting on an incorrect thread. I’ve been a lurker for a little while but this is my first post/question. My family has property in reeves county - section 36, block 2. We have a current lease with Energen and they have proposed but stalled on the possibility of another well. I’ve received numerous unsolicited offers for buying my minerals outright or even just a percentage...curious if this means more permits coming or if this is just a standard thing. Anyone that can point me in the right direction as far as research on permits or activity in this area would be much appreciated. Thanks! Jennifer


#11545

Sections 206 and 270 Block 13 H&GN Survey - I've been receiving bonus offers, but they are not as high as Section 265 Block H&GN Should I wait

until the bonus offers go up before I accept?


#11546

Jennifer T 67

I see where Energen has 2 approved permits for Section 36 from back in 2017 but they apparently haven't been drilled. There are some good Wolfcamp wells in the surrounding area. At this time I see no new permits in this immediate area. I also see where there are numerous approved permits dating back to 2015 for wells in the area that were never ever drilled.

GIS Map of Reeves County Section 36/Block 2:


CLICK ON MAP TO ENLARGE

Clint Liles


#11547

Clint - many thanks! The permits dated for last year make sense - Energen contacted use about a well last summer and then said they were pushing back plans for this year. Hoping they want to drill soon! I appreciate the help!


#11548

Sendero opens gas plant in Loving, plans to expand in Permian Basin

http://www.currentargus.com/story/news/local/2018/03/02/sendero-opens-gas-plant-loving-plans-expand-permian-basin/386454002/

New capacity in Reeves and Loving


#11549

Jennifer T 67 and Clint,

that block 36 is sitting right on top of my property. I am Blk 55 Sec 8 T 4 and I am also leased to Energen. Looks like we are in a great area...

Also, Clint could you post a larger picture of Blk 55, Sec 8 T4 that includes a lot of the surrounding more acreage to be able to see a lot more of the drilling and permitting for the area. Thanks to all.

Appreciate all the help,

Louise


#11550

Good Morning Louise. Here's that map you requested.

Reeves County Section 8/Block 55 T4S(Township 4 South)


CLICK ON MAP TO ENLARGE

Clint Liles



#11551

Clint,

thank you so much for the picture, I love it. Sure is a pretty picture with all the wells all around. You did a great job, as usual. Thank you for all you do for all of us on the forum. We would be lost without you.

Louise


#11552

Exxon, Pioneer hype Permian growth for years to come. Some of the producers in West Texas’ booming Permian Basin would have you believe the hype cannot be overstated. The massive Permian shale acreage is expected to account for about 30 percent of all U.S. oil production by the end of the year and it’s easily the fastest-growing oil region in the world. The Permian, previously considered a mature area, is born again thanks to the shale techniques combining horizontal drilling with hydraulic fracturing. “What we’re staring at beneath our feet cannot be replicated anywhere else in the United States. That’s a given,” said Tim Dove, chief executive of Irving-based Pioneer Natural Resources. “We have a golden goose right before us,” Dove said at the CERAWeek by IHS Markit conference in Houston. He joked that Midland -- the largest city in rural West Texas -- must have negative unemployment levels now. The Permian surge is “demonstrably different” from Texas’ earlier shale developments in East Texas’ Barnett shale and South Texas’ Eagle Ford because it’s 90,000 square miles and the shale rock can easily extend 4,000 feet underground, said Dove and Sara Ortwein, president of ExxonMobil’s shale subsidiary, XTO Energy. “It’s clear now that Permania -- as some have called it -- is really not a passing fad,” Ortwein said, adding that ExxonMobil plans to triple its Permian production by 2025. The Permian is producing more than 2.5 million barrels of oil a day now and is expected to hit close to 3 million barrels by the end of 2018. Volumes should grow above 4 million barrels in the coming years if healthy oil prices hold. More at MRT.com

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Be advised Clayton Williams, who recently sold all his equipment and holdings for 7.5 Billion bucks to Noble Permian, has land men in Culberson county purchasing land both north and south of IH-10.

He will be developing that county with quad and octal horizontal well

clusters on locations there and building his own gathering and refining

networks there.

////////////////ol' Lawrence in Verhalen................