We received a bid to sell (not lease) our interest in 40 acres in Reeves County, out of the blue. Does anybody know what’s going on in Section 30 Block 2 H&GN RR Co Survey? We are novices.
Texas Railroad map shows only two permitted wells and one dry hole in our section. The two permits were approved Jan-February 2011, operator Energen Resources Corp, horizontal oil wells, lease ABEL 2-20.
Map also shows three oil wells barely across the line in adjacent sections, approved for operators Anadarko and Cimarex.
Resolute's South Goat 2 Unit has produced almost 600,000 barrels of oil in twelve months--Aug 2016 through Aug 2017. One of the wells in the unit appears to be about four hundred feet from your north section line.
Lease Name: SOUTH GOAT 2 UNIT , Lease No.: 48405 Well Type: Oil District: 08 Lease Production and Disposition Date Range: Sep 2015 - Aug 2017
Texas RR online map shows Resolute Nat'l Resources LLC operates 2 horizontal oil wells in section 23 both lease = South Goat 2 unit. 38935494 completed March 2017 labelled oil. 38935494 completed March 2017 is labelled "gas" on the online W1 Review. Do you think this means the oil well 38935494 is producing all that oil?
Hi, Roy. The RRC map viewer has a tool bar of icons at the top. Choose the blue circle which contains the letter "i" for Identify, and choose 'wells" from the drop down menu. Then place your cursor on a well of interest and click to generate an information box. Solid green circles indicate producing wells. Empty circles represent permitted wells. If there is information in the box, one may often scroll down and see a link to "production data query". I think the "unit" designation likely means that the production given is for both wells. Those appear to be very good wells and your minerals could be worth much more money than you might imagine.
Thanks! Using Google Chrome browser, I can zoom around the RRC map, but absolutely cannot click-activate the "identify" icon at the top. Phoned the RRC, she suggested switching to Explorer browser and I successfully download the production data you showed me! Slow as using dial-up in the 1990s, but at least it downloaded.
Maybe I'll figure out how to print sections of the RRC map one of these days.
You're welcome, Roy! If you can't get it to print, you might download the "Lightshot" screenshot Chrome tool extension and just capture the map as an image file.
We were offered $60,000 for our 1/5 interest in 40 acres ... $7,500 per acre to sell outright. We are aware of substantial new drilling in the neighboring sections surrounding our section. Reportedly, never any drilling in our section due to fragmented ownership & clouded title in much of the section.
