# Section 13, Block C21, PSL, Reeves County, TX

**URL:** https://www.mineralrightsforum.com/t/section-13-block-c21-psl-reeves-county-tx/67945
**Category:** General Mineral Rights Discussion
**Created:** [September 21, 2022, 1:59am UTC](https://www.mineralrightsforum.com/t/section-13-block-c21-psl-reeves-county-tx/67945 "2022-09-21T01:59:39Z")
**Posts on this page:** 5
**Page:** 1

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### Author: ![Lexie\_Jones](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/l/a8b319/32.png) [@Lexie\_Jones](https://www.mineralrightsforum.com/u/Lexie_Jones)
#### Post date: [September 21, 2022, 1:59am UTC](https://www.mineralrightsforum.com/t/section-13-block-c21-psl-reeves-county-tx/67945/1 "2022-09-21T01:59:39Z")

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I have been given an offer for my property at the above legal description. I do not live in Texas. What would be an estimate for one acre?

Thank you for your help.

LJ

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### Author: ![NMoilboy](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/nmoilboy/32/20759_2.png) [@NMoilboy](https://www.mineralrightsforum.com/u/NMoilboy)
#### Post date: [September 21, 2022, 1:03pm UTC](https://www.mineralrightsforum.com/t/section-13-block-c21-psl-reeves-county-tx/67945/2 "2022-09-21T13:03:25Z")

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It depends on what you are talking about.

- Is your acre leased? If so at what royalty rate?

- Which part of Section 13 is it in? Legal description, abstract, etc. There are at least 6 parts of Section 13 with differences.

- If it is not leased, are they talking about buying it all outright or leasing it?

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### Author: ![Lexie\_Jones](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/l/a8b319/32.png) [@Lexie\_Jones](https://www.mineralrightsforum.com/u/Lexie_Jones)
#### Post date: [September 22, 2022, 3:43am UTC](https://www.mineralrightsforum.com/t/section-13-block-c21-psl-reeves-county-tx/67945/3 "2022-09-22T03:43:28Z")

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Hi, The legal they gave me is Section 13, Block C21, PSL, Reeves County, Texas. The property must have a well on it because it says “Harpoon, #1401 BH, with operator as Resolute Nature valued at $0” which I don’t understand. Also Harpoon #L 05H, some operator, valued at $6,373. They are wanting to purchase the mineral rights.

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### Author: ![NMoilboy](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/nmoilboy/32/20759_2.png) [@NMoilboy](https://www.mineralrightsforum.com/u/NMoilboy)
#### Post date: [September 24, 2022, 5:14pm UTC](https://www.mineralrightsforum.com/t/section-13-block-c21-psl-reeves-county-tx/67945/4 "2022-09-24T17:14:06Z")

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Ok. Those are two existing wells. They are both producing. They are both dedicated to the same acreage. You should be getting paid by Resolute or Cimarex or Coterra. A few hundred a month. All the same company for your purposes.

I could be wrong. It looks to me like you have something like 2.22 net royalty acres (1.11 mineral acres leased at 25%).

There, on that skinny unit with 2 existing wells (which makes it tougher to get more Wolfcamp drilled), I’d say an estimate of the value of your (slightly more than) one mineral acre is $20-25k. Amateur opinion.

 ![image](https://www.mineralrightsforum.com/uploads/db5755/original/3X/3/c/3c9fa5066e597a684fd7f11073b3da98ce7e01ab.jpeg)

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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: [December 20, 2022, 2:00am UTC](https://www.mineralrightsforum.com/t/section-13-block-c21-psl-reeves-county-tx/67945/5 "2022-12-20T02:00:21Z")

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