Oil & gas discussion group for those interested in Sabine County, TX. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news in and around Sabine County, Texas.
Cabot just filed 13 leases two weeks ago with depth restrictions to the base of the pettit formation. Looks like the James Lime has a bit of interest from more than just Devon. Devon, Cabot, and Crimson have acreage in the area while Endeavor is filing agreements(rights of first refusal) to protect their acreage out in the eastern part of the county. I hope it turns out well.
The following is a sponsored (paid) promotional notice:
If you own minerals in Texas or New Mexico, consider attending the NARO – Texas convention in San Antonio July 18-20, 2018. They have a great agenda, good speakers, and the cost is reasonable. This year also includes a special session for New Mexico mineral owners. The current agenda draft is attached, and a link to their signup and information page is http://www.naro-us.org/event-2824234